| Product Code: ETC7503722 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Hungary low voltage induction motors market, the import trend exhibited robust growth from 2023 to 2024, with a notable increase of 17.42%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 18.3%. This surge can be attributed to a significant shift in demand towards energy-efficient motor solutions, reflecting the market`s responsiveness to sustainability measures and regulatory standards.

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 Hungary Low Voltage Induction Motors Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Low Voltage Induction Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Low Voltage Induction Motors Market - Industry Life Cycle |
3.4 Hungary Low Voltage Induction Motors Market - Porter's Five Forces |
3.5 Hungary Low Voltage Induction Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Low Voltage Induction Motors Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Hungary Low Voltage Induction Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in industrial and commercial sectors |
4.2.2 Government initiatives promoting the adoption of electric motors for sustainability |
4.2.3 Growth in industrial automation leading to higher demand for low voltage induction motors |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting manufacturing costs |
4.3.2 Intense competition from alternative motor technologies |
4.3.3 Fluctuations in foreign exchange rates impacting import/export of motors |
5 Hungary Low Voltage Induction Motors Market Trends |
6 Hungary Low Voltage Induction Motors Market, By Types |
6.1 Hungary Low Voltage Induction Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.1.4 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Poly Phase, 2021- 2031F |
6.2 Hungary Low Voltage Induction Motors Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Metal and Mining, 2021- 2031F |
6.2.3 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.4 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Chemicals and Petrochemicals, 2021- 2031F |
6.2.5 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Water and Wastewater, 2021- 2031F |
6.2.6 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Discrete Industries, 2021- 2031F |
6.2.7 Hungary Low Voltage Induction Motors Market Revenues & Volume, By Power Generation, 2021- 2031F |
7 Hungary Low Voltage Induction Motors Market Import-Export Trade Statistics |
7.1 Hungary Low Voltage Induction Motors Market Export to Major Countries |
7.2 Hungary Low Voltage Induction Motors Market Imports from Major Countries |
8 Hungary Low Voltage Induction Motors Market Key Performance Indicators |
8.1 Energy efficiency ratings of low voltage induction motors |
8.2 Number of government incentives and subsidies supporting the use of electric motors |
8.3 Growth rate of industrial automation in Hungary |
8.4 Adoption rate of variable speed drives in industries |
8.5 Number of new product innovations in the low voltage induction motor market |
9 Hungary Low Voltage Induction Motors Market - Opportunity Assessment |
9.1 Hungary Low Voltage Induction Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Low Voltage Induction Motors Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Hungary Low Voltage Induction Motors Market - Competitive Landscape |
10.1 Hungary Low Voltage Induction Motors Market Revenue Share, By Companies, 2024 |
10.2 Hungary Low Voltage Induction Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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