The market size for Multi-Phase AC Motors with outputs between 0.75 kW and 7.5 kW in Croatia stood at 6.0789 Million Euros in 2023, showcasing gradual recovery and stabilization post-2020's slight downturn. Notably, the year-on-year growth for 2022 was 1.39%, and for 2023, it was 1.41%, while the five-year CAGR marked an average annual increase of 2.07%.
Future trends to watch for include:
- Increased demand driven by automation and industrial expansion, spurring growth in the sector.
- Technological advancements in energy efficiency contributing to market value enhancement.
- Potential impact of governmental energy policies and incentives on market dynamics.
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,248,000,000 | 2023 | +2.23% | +0.2% | View data |
| 2 | 2 France | 148,640,000 | 2023 | +1.71% | +1.48% | View data |
| 3 | 3 Spain | 97,906,000 | 2023 | +0.73% | -2.64% | View data |
| 4 | 4 Poland | 85,787,000 | 2023 | +2.66% | +1.26% | View data |
| 5 | 5 Denmark | 62,309,000 | 2023 | +1.04% | -0.21% | View data |
| 7 | 7 Bulgaria | 11,487,000 | 2023 | +9.02% | +1.75% | View data |
| 8 | 8 Greece | 7,530,900 | 2023 | +3.08% | +7.26% | View data |
| 9 | 9 Croatia | 6,078,900 | 2023 | +1.41% | +2.07% | |
