Italy Electric Motor Industry Outlook 2024 - 2028

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

Key Market Indicators

Italian DC Motor Export is projected to surge to approximately $79 million by 2028, marking a rise from around $68 million in 2023. This growth represents an average annual increase of 2.3%. Historical data since 1999 shows a modest year-on-year supply increase of 0.3%. In 2023, Italy ranked eighth in global DC motor exports, with Mexico narrowly ahead at the same $68 million mark. Germany, the United States, and France occupied the second, third, and fourth positions, respectively. On the import front, Italy's DC motor imports are expected to reach close to $80 million by 2028, up from nearly $70 million in 2023. This reflects an average annual growth rate of 2.1%. Since 1999, Italian demand for DC motors has grown at an average rate of 1.2% per year.

Italy Electric Motor Market Data and Forecasts

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