In 2023, Italy dominated the European market for multi-phase AC motors under 750 W, holding 58.62% of production, followed by Germany at 26.4%. France, Poland, and Czechia held smaller shares, with Poland experiencing significant growth of 11.2% over the year. Conversely, Germany saw a decline of 1.72%. On a smaller scale, Bulgaria showed strong growth, whereas Finland and Estonia faced notable contractions of 28.28% and 58.51%, respectively.
Future trends to watch include further consolidation in Italy's market share, continued growth in Poland, and potential recovery strategies for declining markets such as Finland and Estonia. Emerging technological innovations and shifts towards energy-efficient solutions may also play significant roles in shaping production dynamics. Monitoring regulatory changes and economic conditions across Europe will be critical for anticipating market developments.
Top countries in Sold Production of Multi-Phase AC Motors of an Output Less than 750 W Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 58.62 | 2023 | +7.85% | +5.97% | View data |
| 2 | 2 Germany | 26.4 | 2023 | -0.1% | -1.72% | View data |
| 3 | 3 France | 5.7 | 2023 | +5.55% | +1.21% | View data |
| 4 | 4 Poland | 3.37 | 2023 | +3.53% | +11.2% | View data |
| 5 | 5 Czechia | 2.25 | 2023 | |||
| 6 | 6 Austria | 1.51 | 2023 | +8.07% | -0.39% | View data |
| 7 | 7 Spain | 1.26 | 2023 | +12.57% | +1.93% | View data |
| 8 | 8 Bulgaria | 0.14 | 2023 | +3.03% | +9.29% | View data |
| 9 | 9 Croatia | 0.093 | 2023 | +1.14% | -0.11% | View data |
| 10 | 10 Denmark | 0.087 | 2023 | -10.39% | +3.56% | View data |