Key Market Indicators
Japanese DC Motor Export is projected to hit approximately $135 million by 2028, up from around $112 million in 2023. This marks an average annual growth rate of 2.9%. Since 1993, Japan's supply of DC motors has grown by 12% annually. In 2023, Japan ranked fifth globally, with France surpassing it with a similar export value of $112 million. Germany, the United States, and France secured the second, third, and fourth spots, respectively, in this ranking. On the import side, Japan's DC Motor Import is expected to reach about $57 million by 2028, up from nearly $52 million in 2023. This translates to an average annual growth rate of 1.6%. Since 1993, Japan's demand for DC motors has seen a yearly increase of 2.4%.
