In 2023, the import of AC motors, multi-phase with an output of 75 kW and more to the US was valued at approximately $600 million. Forecasted values from 2024 to 2028 show a steady incremental growth: $604.72 million in 2024, $607.34 million in 2025, $609.91 million in 2026, $612.42 million in 2027, and $614.89 million in 2028. This indicates a modest year-on-year increase, averaging a CAGR of around 0.5% over the five-year period. The consistent growth suggests stable demand and indicates incremental adoption or replacement of AC motors within relevant industries.

Future trends to watch:

Technological advancements in energy efficiency could drive increased demand for newer multi-phase AC motors.
Possible fluctuations in the manufacturing sector might impact import volumes and values.
Global supply chain dynamics and trade policies may introduce variability in import trends.