The United States Electric Motor Industry Outlook 2024 - 2028

See how the United States Electric Motor performed compared to key markets.

Key Market Indicators

The export of American DC motors is projected to hit approximately $360 million by 2028, up from around $319 million in 2023. This represents an average annual growth rate of 1.9%. Since 1996, the supply of American DC motors has seen a yearly increase of 2.2%. On the import side, the United States is expected to bring in about $605 million worth of DC motors by 2028, compared to roughly $514 million in 2023. This marks an average annual growth rate of 2.6%. Since 1996, the demand for DC motors in the U.S. has grown at an average rate of 3.8% per year.

United States Electric Motor Market Data and Forecasts

United States Electric Motor : how will it grow in the coming years?

Forecast: Fractional Horsepower Motors Sales in the US

Other Top Countries about Electric Motor