In 2023, the market size volume for single-phase AC motors with outputs less than 750 W in Croatia stood at 103.41 thousand units. Analyzing the yearly change, there was a moderate increase from 2022, with a year-on-year growth rate of 2.88%. Over the past two years, this market has shown a gradual upward trend. The CAGR over the last five years remains relatively stable at 0.27%, reflecting a period of consistent growth.

Future trends to watch for include:

Technological advancements in energy-efficient motors could drive increased adoption.
Regulatory changes favoring sustainable energy solutions are likely to impact market dynamics positively.
Growth in sectors such as HVAC and household appliances could expand the demand for these motors.