Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Industry revenue of “manufacture of electric motors, generators“ in Austria 2012-2024

Revenues from manufacturing electric motors and generators in Austria are projected to only grow from 7.5 billion U.S. dollars in 2012 to 8.1 billion U.S. dollars by 2024. One of the key reasons for the marginal growth is the growing import penetration that is fulfilling majority of the domestic demand. According to data from trendeconomy.com, electric motors and generators worth 1.13 billion U.S. dollars were imported in 2018, with Germany being the main source, owing to its strong indigenous manufacturing capabilities. Moreover, production activities have also witnessed a year over year decline in recent years as majority of the manufacturing processes are shifting to developing nations such as India, Malaysia, and China, fuelled by the low tariff rates and availability of low cost labor.

The industry is expected to face further challenges in the short to medium term as the outbreak of the corona virus has caused massive disruptions in the market. Most of the manufacturing companies are not operating and supply chain operations have stalled as well, as nations have sealed their borders. Many manufacturers could be out of business if operations do not resume in the coming few weeks.

Industry revenue of “manufacture of electric motors, generators“ in Austria from 2012 to 2024

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.123

The industry classification is based on the NACE Rev.2 - system in Austria. The industry “manufacture of electric motors, generators, transformers and electricity distribution and control apparatus“ has the code “C271“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Austria"

Further Content: You might find this interesting as well

Statistics

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.