Switzerland Electric Motor Industry Outlook 2024 - 2028

See how Switzerland Electric Motor performed compared to key markets such as China, Germany and the United States.

Key Market Indicators

Swiss DC motor exports are projected to climb to approximately $59 million by 2028, up from around $48 million in 2023. This represents an annual growth rate of 3.1% in compound annual growth rate (CAGR). Since 1993, Swiss DC motor supply has increased by an average of 1.6% annually. In 2023, Switzerland ranked 10th in DC motor exports, with Singapore surpassing it at $48 million. Leading the ranking were Germany, the United States, and France, occupying the second, third, and fourth positions, respectively. On the import side, Swiss DC motor imports are anticipated to reach about $18 million by 2028, rising from $16 million in 2023. This marks an average annual growth rate of 1.5%. Since 1993, Swiss demand for DC motors has grown by an average of 4.6% each year.

Switzerland Electric Motor Market Data and Forecasts

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