DC electric motors and generators market in Denmark

Earlier Report Observations

The Danish market for DC electric motors and generators expanded from 291.7 million dollars in 2018 to 324.6 million in 2019. This growth was propelled by a rising focus on energy efficiency, technological advances in motor control, and government initiatives supporting sustainable production. The entry of new players offering innovative, high-efficiency motors further stimulated demand. However, in 2020, the market contracted to 301.7 million dollars primarily due to supply chain disruptions and production delays caused by the COVID-19 pandemic.

A strong recovery followed in 2021, with the market size jumping to 356.3 million dollars. This surge was supported by increased state investment in research and development for energy-efficient motors and smart grid integration, alongside the emergence of new segments such as motors for electric vehicles and industrial automation. New labeling and packaging requirements introduced in 2021 also encouraged compliance with environmental standards. Growth continued into 2022, reaching 384.7 million dollars, fueled by the launch of new large production facilities for high-efficiency motors and policy shifts promoting electric motors in renewable energy projects like offshore wind farms. A concurrent shift in consumer preferences toward more energy-efficient and sustainable products further supported this expansion.

The market then experienced a significant correction, falling to 321.6 million dollars in 2023 and edging down slightly to 318.3 million in 2024.

Production DC motors and generators in Denmark

In value, 2018-2021, M $ US

In Denmark, the output value of DC electric motors and generators reached 460.2 million US dollars in 2021, marking a 16.5% increase compared to the previous year. Over the 2018-2021 period, production grew by 18.6%, with a compound annual growth rate of 5.9%. The most significant decline occurred in 2020, when output fell by 6.1%.

Annual dynamics of production in Denmark in value, 2018-2021, M $ US

In kind, 2018-2021, K unit

Market performance showed noticeable fluctuations during this period. Production volumes varied by a factor of 1.8, reaching their lowest point in 2020 and peaking in 2021. In 2021, Denmark produced 22 368 thousand units of DC electric motors and generators, representing a 75.8% increase from the previous year. The minimum production level was recorded in 2020 at 12 724 thousand units, while the largest decline occurred in 2019 with a 5.2% drop.

Annual dynamics of production in Denmark in kind, 2018-2021, K unit

Exports DC motors and generators from Denmark

Exports in kind, K unit

Denmark's exports of DC electric motors and generators increased for the third consecutive year. In 2021, exports amounted to 3 790 thousand units, reflecting a 10.5% gain compared to 2020. Over the 2018-2021 period, exports grew by 51.3%, with a compound annual growth rate of 14.8%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, K unit

From 2018 to 2021, Denmark's exports in kind were distributed across a wide range of partner countries. Germany accounted for 15.6% of exports, France for 13.8%, and the United States for 12.9%. Together, these three countries represented just 42.3% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

Denmark's export value of DC electric motors and generators increased for the third consecutive year. In 2021, exports reached 185.2 million US dollars, up 16.1% from the previous year. Over the 2018-2021 period, export value grew by 26%, with a compound annual growth rate of 8.0%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, M $ US

The partner structure of Denmark's exports in value terms remained fragmented from 2018 to 2021. The United States accounted for 17.1% of export value, Germany for 16.2%, and France for 9.5%. Together, these three countries represented only 42.9% of total flows, with no single country achieving a dominant share.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports DC motors and generators to Denmark

Imports in kind, K unit

Denmark's imports of DC electric motors and generators increased for the third consecutive year. In 2021, imports totaled 2 632 thousand units, representing a 9.6% year-over-year gain. Over the 2018-2021 period, imports grew by 53.3%, with a compound annual growth rate of 15.3%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, K unit

From 2018 to 2021, Slovakia remained Denmark's leading supplier of DC electric motors and generators in kind, accounting for 75.6% of total imports. The remaining imports were distributed across many other countries.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

Denmark's import value of DC electric motors and generators increased for the third consecutive year. In 2021, imports stood at 81.4 million US dollars, corresponding to a 22.7% year-over-year increase. Over the 2018-2021 period, import value grew by 60.2%, with a compound annual growth rate of 17.0%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, M $ US

From 2018 to 2021, Slovakia consistently held the leading position in Denmark's import structure in value terms, accounting for 57.4% of imports. Germany and China each accounted for 7.0% of imports. Together, these three countries represented 71.4% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021