| Product Code: ETC5116066 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of Macedonia continues to see a significant increase in electric AC motors import shipments, with top exporting countries such as China, Denmark, Germany, Turkey, and Italy driving this growth in 2024. The high Herfindahl-Hirschman Index (HHI) concentration indicates a strong market presence of these exporters. With a remarkable compound annual growth rate (CAGR) of 28.37% from 2020 to 2024 and a notable growth rate of 57.28% from 2023 to 2024, the electric AC motors market in North Macedonia is experiencing rapid expansion and attracting diverse international suppliers.

By 2027, North Macedonia's Electric AC Motors market is forecasted to achieve a growing growth rate of 7.69%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Electric AC Motors Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Electric AC Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Electric AC Motors Market - Industry Life Cycle |
3.4 Republic of Macedonia Electric AC Motors Market - Porter's Five Forces |
3.5 Republic of Macedonia Electric AC Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Electric AC Motors Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Republic of Macedonia Electric AC Motors Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Republic of Macedonia Electric AC Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in the Republic of Macedonia leading to higher demand for electric AC motors |
4.2.2 Government initiatives promoting energy efficiency and sustainable practices in the country |
4.2.3 Growth in the automotive sector driving the demand for electric AC motors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing costs of electric AC motors |
4.3.2 Lack of skilled labor for the production and maintenance of electric AC motors in the Republic of Macedonia |
5 Republic of Macedonia Electric AC Motors Market Trends |
6 Republic of Macedonia Electric AC Motors Market Segmentations |
6.1 Republic of Macedonia Electric AC Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Synchronous AC Motors, 2021-2031F |
6.1.3 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Induction AC Motors, 2021-2031F |
6.2 Republic of Macedonia Electric AC Motors Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Integral HP Output, 2021-2031F |
6.2.3 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Fractional HP Output, 2021-2031F |
6.3 Republic of Macedonia Electric AC Motors Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.3.3 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Motor Vehicles, 2021-2031F |
6.3.4 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By HVAC Equipment, 2021-2031F |
6.3.5 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Aerospace & Transportation, 2021-2031F |
6.3.6 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.3.7 Republic of Macedonia Electric AC Motors Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Electric AC Motors Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Electric AC Motors Market Export to Major Countries |
7.2 Republic of Macedonia Electric AC Motors Market Imports from Major Countries |
8 Republic of Macedonia Electric AC Motors Market Key Performance Indicators |
8.1 Energy efficiency ratings of electric AC motors used in the Republic of Macedonia |
8.2 Percentage of industrial companies adopting electric AC motors in their operations |
8.3 Investment in research and development for innovative electric AC motor technologies in the country |
9 Republic of Macedonia Electric AC Motors Market - Opportunity Assessment |
9.1 Republic of Macedonia Electric AC Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Electric AC Motors Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Republic of Macedonia Electric AC Motors Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Republic of Macedonia Electric AC Motors Market - Competitive Landscape |
10.1 Republic of Macedonia Electric AC Motors Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Electric AC Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |