In 2023, Italy led the European production of single-phase AC motors under 750 W, accounting for 28.14% of the market share, followed closely by Germany at 24.51% and France at 19.55%. Poland and Romania saw significant year-on-year increases of 5.34% and 7.38%, respectively, highlighting their growing influence in this sector. Conversely, France and Spain experienced a decline, with France contracting by 1.44% and Spain by 0.33%. Overall, Hungary continued its steady growth with a 3.73% increase, while Bulgaria saw a decline of 4.15%.
Future trends to watch include potential shifts in production due to technological advancements, with countries like Poland and Romania possibly gaining more market share. Additionally, the European Union's focus on sustainability could drive countries to innovate in energy-efficient AC motor production.
Top countries in Sold Production of Single-Phase AC Motors of an Output Less than 750 W Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.14 | 2023 | +0.28% | +1.05% | View data |
| 2 | 2 Germany | 24.51 | 2023 | +1.59% | +5.8% | View data |
| 3 | 3 France | 19.55 | 2023 | -6.2% | -1.44% | View data |
| 4 | 4 Poland | 15.09 | 2023 | +4.56% | +5.34% | View data |
| 5 | 5 Romania | 8.63 | 2023 | +3.01% | +7.38% | View data |
| 6 | 6 Spain | 2.01 | 2023 | +0.51% | -0.33% | View data |
| 7 | 7 Hungary | 1.98 | 2023 | +3.43% | +3.73% | View data |
| 8 | 8 Czechia | 1.35 | 2023 | |||
| 9 | 9 Bulgaria | 0.047 | 2023 | -3.63% | -4.15% | View data |
| 10 | 10 Denmark | 0 | 2021 | -99.8% | -68.38% | View data |
