In 2023, Italy led European exports of multi-phase AC motors (0.75-7.5 kW), showcasing a 4.73% boost. Germany and France saw declines by 3.38% and 1.5%, respectively. Notably, Hungary and the Netherlands registered sharp increases of 7.96% and 7.8%. Slovakia's significant rise of 36.01% contrasts with steep drops for Belgium (-9.75%) and the UK (-10.43%). Slovenia, Austria, and Spain displayed moderate growth, whereas Romania experienced a major dip of 22.16%. Overall, the market showcases mixed performance with varying growth patterns.
Future trends to watch include a potential rise in demand for more energy-efficient motors, technological advancements, and an increasing focus on sustainable manufacturing practices. Additionally, geopolitical shifts and trade policies could significantly impact the sector's dynamics.
Top countries in Export of Multi-Phase AC Motors of an Output 0,75 kW - 7,5 kW by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,380,300 | 2023 | -3.31% | +4.73% | View data |
| 2 | 2 Germany | 2,354,300 | 2023 | -8.24% | -3.38% | View data |
| 3 | 3 France | 1,107,900 | 2023 | -25.17% | -1.5% | View data |
| 4 | 4 Czechia | 779,750 | 2023 | |||
| 5 | 5 Hungary | 712,860 | 2023 | +3.5% | +7.96% | View data |
| 6 | 6 Netherlands | 512,080 | 2023 | +6.12% | +7.8% | View data |
| 7 | 7 Poland | 450,330 | 2023 | +1.33% | -0.55% | View data |
| 8 | 8 Austria | 305,850 | 2023 | +7.59% | +1.39% | View data |
| 9 | 9 Slovenia | 174,160 | 2023 | +4.7% | +2.09% | View data |
| 10 | 10 Slovakia | 132,440 | 2023 | -6.51% | +36.01% | View data |