The European market for multi-phase AC motors over 75 kW is dominated by Italy, which holds 98.1% of the share in units. In 2023, Italy experienced a modest growth of 2.95%. Meanwhile, Hungary and Spain, despite smaller overall shares, showed remarkable increases of 57.06% and 62.03% respectively. Germany holds a small share and witnessed an 8.56% decrease in 2023. France, the UK, and Finland all experienced declines, with France showing a notable 10.66% reduction.
Looking to the future, countries with smaller shares like Hungary and Spain show potential for growth, which might indicate expanding production capabilities or increased demand. Observing technology advancements and industry shifts in these countries could provide insights into competitive dynamics and emerging market leaders within Europe.
Top countries in Sold Production of Multi-Phase AC Motors of an Output of More than 75 kW Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 98.1 | 2023 | +8.44% | +2.95% | View data |
| 2 | 2 Hungary | 0.86 | 2023 | +7.4% | +57.06% | View data |
| 3 | 3 Germany | 0.23 | 2023 | +10.85% | -8.56% | View data |
| 4 | 4 Finland | 0.12 | 2023 | +1.9% | -3.34% | View data |
| 5 | 5 Poland | 0.089 | 2023 | +2.21% | +1.22% | View data |
| 6 | 6 Spain | 0.057 | 2023 | +9.86% | +62.03% | View data |
| 7 | 7 Austria | 0.05 | 2023 | +5.75% | View data | |
| 8 | 8 France | 0.022 | 2023 | +4.05% | -10.66% | View data |
| 9 | 9 Czechia | 0.006 | 2023 | |||
| 10 | 10 United Kingdom | 0.005 | 2023 | -3.97% | -2.18% | View data |
