In 2023, China accounted for the largest export share of universal AC/DC motors under 37.5 watts at 32.03%, though it saw a slight decrease of 1.74% compared to the previous year. Thailand and Slovakia followed with shares of 14.93% and 13.86%, experiencing growth of 5.73% and 2.52% respectively. Notably, Switzerland saw a significant surge of 77.75%, while the United Kingdom's exports increased by 39.34%. Conversely, Brazil experienced a steep decline, with a 27% decrease in export share.
Future trends to watch include growth in Southeast Asian markets, with countries like Singapore showing strong year-on-year increases. Emerging markets such as Pakistan, which saw an increase of over 151%, could potentially become key players. Meanwhile, European countries with fluctuating trends may stabilize or grow depending on technological advancements and trade policies. Keeping an eye on innovation and regulatory changes will be essential for predicting shifts in market dynamics.
Top countries in Export of Universal AC/DC Motors of an Output less than 37.5 Watts Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32.03 | 2023 | -1.73% | -1.74% | View data |
| 2 | 2 Thailand | 14.93 | 2023 | +4.36% | +5.73% | View data |
| 3 | 3 Slovakia | 13.86 | 2023 | +1.94% | +2.52% | View data |
| 4 | 4 Slovenia | 12.1 | 2023 | +3.97% | +5.1% | View data |
| 5 | 5 Singapore | 8.84 | 2023 | -1.66% | +6.64% | View data |
| 6 | 6 Malaysia | 4.85 | 2023 | +2.77% | +2.16% | View data |
| 7 | 7 Italy | 4.3 | 2023 | -6.16% | -2.79% | View data |
| 8 | 8 United States | 2.59 | 2023 | -0.43% | +0.84% | View data |
| 9 | 9 Romania | 1.92 | 2023 | +3.73% | +3.5% | View data |
| 10 | 10 United Kingdom | 1.5 | 2023 | -2.04% | +39.34% | View data |
