In 2023, Germany led the European market in sold production of multi-phase AC motors (0.75 kW - 7.5 kW) at 1.3028 billion Euros, followed by Italy with 0.43035 billion Euros, and Czechia with 0.35199 billion Euros. Despite a slight decline in Germany's production by -0.48%, countries like Italy and Spain showed significant year-on-year growth of 4.27% and 17.22% respectively. Over the last five years, the compound annual growth rate (CAGR) highlights a diverse performance across countries.
Looking ahead, trends to watch include the potential for stronger growth in Eastern European countries like Estonia and Bulgaria, driven by evolving manufacturing capabilities and increasing demand. Technological advancements and environmental regulations could further influence production volumes across Europe.
Top countries in Sold Production of Multi-Phase AC Motors of an Output 0,75 kW - 7,5 kW by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,302,800,000 | 2023 | +4.28% | -0.48% | View data |
| 2 | 2 Italy | 430,350,000 | 2023 | +1.53% | +4.27% | View data |
| 3 | 3 Czechia | 351,990,000 | 2023 | |||
| 4 | 4 France | 174,950,000 | 2023 | +5% | +2.27% | View data |
| 5 | 5 Poland | 143,400,000 | 2023 | +3.43% | +2.43% | View data |
| 6 | 6 Spain | 55,755,000 | 2023 | +3.08% | +17.22% | View data |
| 7 | 7 Hungary | 38,799,000 | 2023 | +3.16% | +0.56% | View data |
| 8 | 8 Finland | 20,088,000 | 2023 | -0.86% | +0.15% | View data |
| 9 | 9 Austria | 18,338,000 | 2023 | -0.089% | +2.84% | View data |
| 10 | 10 Sweden | 16,276,000 | 2023 | +10.63% | +2.41% | View data |
