The market volume for multi-phase AC motors in Denmark, with outputs of 750 W to 75 kW, has shown fluctuating trends between 2013 and 2023. In 2023, the market stood at 227.42 thousand units. Over the last two years, a consistently declining trend is evident, with year-on-year decreases of 6.05% in 2022 and 6.4% in 2023. Over the past five years, the compound annual growth rate (CAGR) was -7.84%, indicating a negative growth trajectory during this period.
Future trends to watch for include technological advancements in energy efficiency, which could impact demand. Additionally, potential shifts in manufacturing and industrial activities in Denmark and broader EU regulatory changes towards sustainable practices might influence the market dynamics positively or negatively.
