In 2023, Italy led the European market with an overwhelming share of 86.73% in the production of multi-phase AC motors with an output of 75 kW - 375 kW. Hungary experienced a significant surge with a 57.06% increase, despite its relatively minor share of 0.76%. Germany, holding a 0.2% share, saw a slight decline of 0.68%. Conversely, Finland, Poland, Austria, and France, with modest shares ranging from 0.077% to 0.027%, faced decreases or limited growth. Smaller contributors like Estonia and Croatia maintained negligible shares.
Future trends to watch include Italy's continued dominance, Hungary's rapid growth possibly leading to increased market presence, and the potential for recovery or decline in countries experiencing negative growth trends like Germany and Finland. Monitoring innovation in energy-efficient technologies and policy changes may greatly impact production and market share across Europe.
Top countries in Sold Production of Multi-Phase AC Motors of an Output 75 kW - 375 kW Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 86.73 | 2023 | +8.44% | +2.88% | View data |
| 2 | 2 Hungary | 0.76 | 2023 | +7.4% | +57.06% | View data |
| 3 | 3 Germany | 0.2 | 2023 | +1.89% | -0.68% | View data |
| 4 | 4 Finland | 0.077 | 2023 | -4.15% | -4.42% | View data |
| 5 | 5 Poland | 0.076 | 2023 | +2.15% | +1% | View data |
| 6 | 6 Austria | 0.047 | 2023 | +5.04% | +0.15% | View data |
| 7 | 7 Spain | 0.042 | 2021 | +5.44% | View data | |
| 8 | 8 France | 0.027 | 2023 | -5.46% | -4.72% | View data |
| 9 | 9 Estonia | 0.004 | 2021 | +11.56% | +2.31% | View data |
| 10 | 10 Croatia | 0 | 2023 | 0% | 0% | View data |
