Key Market Indicators
Emirati exports of DC motors are projected to reach approximately $10.4 million by 2028, up from around $8.7 million in 2023. This represents a compound annual growth rate (CAGR) of 2.9%. Since 2012, the country's supply of DC motors has seen a year-on-year increase of 3.7%. In 2023, the United Arab Emirates ranked 22nd globally in DC motor exports, with Russia slightly ahead at the same export value of around $8.7 million. Germany, the United States, and France occupied the second, third, and fourth positions, respectively. On the import front, the UAE's DC motor imports are expected to decrease to about $5.2 million by 2028, down from $5.6 million in 2023. This decline represents a CAGR of -1%. Despite this projected decrease, Emirati demand for DC motors has grown by 1% year-on-year since 2012.
