Europe High Speed Motor Market By End-User Forecast (2017-2024)

Year GERMANY SPAIN FRANCE UNITED KINGDOM ITALY REST OF EUROPE
2017 $ 814.49 $ 352.1 $ 520.77 $ 722.93 $ 387.74 $ 274.36
2018 $ 847.44 $ 364.1 $ 540.73 $ 750.84 $ 401.4 $ 283.76
2019 $ 883.1 $ 377.1 $ 562.34 $ 782.03 $ 416.2 $ 292.93
2020 $ 918.88 $ 389.98 $ 583.93 $ 812.28 $ 431.24 $ 302.63
2021 $ 960.3 $ 404.9 $ 608.79 $ 847.07 $ 448.26 $ 313.89
2022 $ 1003.76 $ 421.0 $ 635.05 $ 884.22 $ 466.58 $ 325.0
2023 $ 1049.31 $ 437.24 $ 662.29 $ 922.38 $ 485.13 $ 337.18
2024 $ 1070.13 $ 443.18 $ 674.08 $ 939.04 $ 492.69 $ 341.4
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Europe High Speed Motor Market By End-User Forecast (2017-2024)

Synopsis
The above chart is Global High Speed Motor market [2017-2024] Europe by End-User

Market Dynamics

germany accounted for the largest market share in 2018 in the europe high speed motor market, and is expected to reach usd 1070.13 million in 2024 from usd 847.44 million in 2018.this market is projected to grow at a cagr of 3.92% during the forecast period from 2019 - 2024. industrial segment accounted for the largest market share in 2018, this market is expected to reach usd 2498.27 million in 2024 from usd 1992.55 million in 2018. this market is projected to grow at a cagr of 3.79% during the forecast period from 2019 - 2024. machine tools segment accounted for the largest market share in 2018, this market is expected to reach usd 1320.01 million in 2024 from usd 1049.02 million in 2018. this market is projected to grow at a cagr of 3.85% during the forecast period from 2019 - 2024. however, machine tools segment is the fastest growing market, which is expected to grow at a cagr of 3.85% during the forecast period 2019 - 2024. permanent motor segment accounted for the largest market share in 2018, this market is expected to reach usd 2177.41 million in 2024 from usd 1737.92 million in 2018. this market is projected to grow at a cagr of 3.78% during the forecast period from 2019 - 2024. however, permanent motor segment is the fastest growing market, which is expected to grow at a cagr of 3.78% during the forecast period 2019 - 2024. high voltage segment accounted for the larger market share in 2018, this market is expected to reach usd 2386.12 million in 2024 from usd 1898.22 million in 2018. this market is projected to grow at a cagr of 3.84% during the forecast period from 2019 - 2024. however, high voltage segment is the fastest growing market, which is expected to grow at a cagr of 3.84% during the forecast period 2019 - 2024.

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