The forecast for the sold production of multi-phase AC motors under 750 W in France shows a consistent upward trend from 2024 to 2028. By 2024, the value is projected to start at 113.48 million euros, increasing yearly to reach 124.07 million euros by 2028. In 2023, the industry stood at a lower baseline, supporting the consistent growth observed in forecasts.
Year-on-year growth is steady, with incremental increases highlighting robust market conditions and demand. Specifically, the period between 2024 and 2028 reflects a positive year-on-year variation of around 2-3%. The CAGR over the five-year forecast is approximately 2.2% per annum, indicating stable long-term growth prospects.
Future trends to watch include technological advancements in multi-phase motors, increased energy efficiency demands, and potential shifts in manufacturing policies or economic conditions that could influence production levels and market dynamics.
