In 2023, Italy led the European sold production of multi-phase AC motors under 750 W, producing over double that of Germany, the next largest producer. Italy experienced a 5.97% year-over-year increase, while Germany saw a slight decline of 1.72%. Notably, Poland recorded an impressive growth of 11.2%. France and Spain also observed mild growths of 1.21% and 1.93%, respectively. Conversely, some smaller markets like Finland and Estonia faced significant declines, with decreases of 28.28% and 58.51%.
Future trends to watch include:
- The potential for growth in Poland as it continues to gain momentum in production.
- Possible recovery efforts and strategies in Estonia and Finland to combat recent declines.
- Technological advancements in motor efficiency and the impact of EU regulations on production volumes.
Top countries in Sold Production of Multi-Phase AC Motors of an Output Less than 750 W by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 10,406,000 | 2023 | +7.85% | +5.97% | View data |
| 2 | 2 Germany | 4,686,200 | 2023 | -0.1% | -1.72% | View data |
| 3 | 3 France | 1,012,500 | 2023 | +5.55% | +1.21% | View data |
| 4 | 4 Poland | 598,140 | 2023 | +3.53% | +11.2% | View data |
| 5 | 5 Czechia | 399,490 | 2023 | |||
| 6 | 6 Austria | 267,990 | 2023 | +8.07% | -0.39% | View data |
| 7 | 7 Spain | 223,670 | 2023 | +12.57% | +1.93% | View data |
| 8 | 8 Bulgaria | 25,650 | 2023 | +3.03% | +9.29% | View data |
| 9 | 9 Croatia | 16,550 | 2023 | +1.14% | -0.11% | View data |
| 10 | 10 Denmark | 15,510 | 2023 | -10.39% | +3.56% | View data |
