Spain dominates European exports of DC motors and generators over 375 kW, holding 87.42% of the market share in units. This is followed by Hungary at 7.6%, Sweden at 2.03%, and smaller shares by other countries. Notably, year-on-year growth in 2023 was significant for Spain (297.24%) and Hungary (311.43%), whereas Germany experienced a complete drop in exports. The compound annual growth rate over five years was substantial for these leading exporters, highlighting their growing influence in the market.
Future trends to monitor include shifts in technological advancements, renewable energy policies, and potential market entrants. These factors may impact the export dynamics, driving opportunities primarily for countries with growing capabilities such as Spain and Hungary.
Top countries in Export of DC Motors and Generators of an Output More than 375 kW Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 87.42 | 2023 | +9.37% | +297.24% | View data |
| 2 | 2 Hungary | 7.6 | 2023 | +7.44% | +311.43% | View data |
| 3 | 3 Sweden | 2.03 | 2023 | +26.2% | +143.09% | View data |
| 4 | 4 Portugal | 1.08 | 2023 | +20.35% | +35.96% | View data |
| 5 | 5 France | 1.04 | 2023 | -11.55% | +33.8% | View data |
| 6 | 6 Netherlands | 0.88 | 2023 | +0.96% | -15.5% | View data |
| 7 | 7 Belgium | 0.47 | 2023 | +13.9% | +11.68% | View data |
| 8 | 8 Greece | 0.13 | 2023 | +14.29% | +153.17% | View data |
| 9 | 9 Italy | 0.05 | 2022 | -100% | -100% | View data |
| 10 | 10 Ireland | 0.046 | 2023 | +29.09% | +77.76% | View data |
