In 2023, Italy dominated the European export of multi-phase AC motors with an output of 37 kW - 75 kW, capturing 28.02% of the market share. Greece showcased remarkable growth, surging by 155.44% year-on-year to capture 21.23% market share. France maintained a steady position with a 10.53% share, while Czechia accounted for 8.99%. Countries like Netherlands and Finland saw moderate improvements, whereas some like Bulgaria and Denmark experienced significant declines. Over the last five years, Lithuania and Latvia emerged as growth leaders with the most substantial CAGR, while Poland and Bulgaria faced downturns.
Future trends to watch in this sector include:
- Continued expansion in Greece as it consolidates its market share.
- Potential challenges for Italy to maintain its lead amidst emerging competitors.
- Technological advancements in motor efficiency and sustainability impacting market dynamics.
- Geopolitical and economic factors influencing demand and supply chains in the EU.
Top countries in Export of Multi-Phase AC Motors of an Output 37 kW - 75 kW Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.02 | 2023 | -71.84% | +56.2% | View data |
| 2 | 2 Greece | 21.23 | 2023 | +83.58% | +155.44% | View data |
| 3 | 3 France | 10.53 | 2023 | +2.09% | View data | |
| 4 | 4 Czechia | 8.99 | 2023 | |||
| 5 | 5 Netherlands | 6.83 | 2023 | +10.02% | +5.26% | View data |
| 6 | 6 Spain | 6.64 | 2021 | +260.49% | -2.4% | View data |
| 7 | 7 Finland | 3.69 | 2023 | +1.5% | +1.16% | View data |
| 8 | 8 Belgium | 2.56 | 2023 | +19.39% | +9.67% | View data |
| 9 | 9 Sweden | 2.19 | 2023 | +6.39% | +4.61% | View data |
| 10 | 10 Estonia | 2.18 | 2023 | +4.31% | +4.38% | View data |
