In 2023, Italy dominated the European market for Multi-Phase AC Motors (75 kW - 375 kW), vastly surpassing other countries with a production value of 10.254 million items. Hungary showed a significant growth with a 57.06% increase year-on-year, while Germany experienced a slight decline of 0.68%. Finland and France saw declines of 4.42% and 4.72%, respectively. Poland and Austria maintained minimal growth, with Poland up by 1.0% and Austria by 0.15%. Croatia's production remained flat, and other countries like Estonia and Denmark had negligible outputs.
Key trends to watch include continued growth in Hungary driven by investments in industrial technology and potential production shifts in countries with declining outputs, like Germany and France, which may seek to innovate or diversify their motor production strategies. Monitoring advancements in green energy could also shape future production landscapes.
Top countries in Sold Production of Multi-Phase AC Motors of an Output 75 kW - 375 kW by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 10,254,000 | 2023 | +8.44% | +2.88% | View data |
| 2 | 2 Hungary | 90,360 | 2023 | +7.4% | +57.06% | View data |
| 3 | 3 Germany | 24,000 | 2023 | +1.89% | -0.68% | View data |
| 4 | 4 Finland | 9,140 | 2023 | -4.15% | -4.42% | View data |
| 5 | 5 Poland | 8,980 | 2023 | +2.15% | +1% | View data |
| 6 | 6 Austria | 5,590 | 2023 | +5.04% | +0.15% | View data |
| 7 | 7 Spain | 4,950 | 2021 | +5.44% | View data | |
| 8 | 8 France | 3,150 | 2023 | -5.46% | -4.72% | View data |
| 9 | 9 Estonia | 492 | 2021 | +11.56% | +2.31% | View data |
| 10 | 10 Croatia | 30 | 2023 | 0% | 0% | View data |
