Key Market Indicators
Malaysia's exports of DC motors are expected to reach $3.2 million by 2026, up 0.8% per year on average from 2021's $3.0 million. Since 1994, the country's supply has grown at an average of 9.7% a year. In 2021, Malaysia ranked 34th, behind Morocco's $3.0 million. The United States, Germany and France ranked 2nd, 3rd and 4th respectively. Malaysia's imports of DC motors are projected to reach $60.8 million by 2026, an increase of 3.8% per year from 2021's $48.5 million. Since 1994, the nation's demand has grown at an average of 6.7% per year. In 2021, Japan topped the list with $48.5 million, followed by Canada, Germany and the United Kingdom at 2nd, 3rd and 4th respectively.
Malaysia Electric Motor Market Data and Forecasts
How much will Malaysia Electric Motor Market grow to 2026?
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