In 2023, the sold production of multi-phase AC motors of an output 7.5 kW - 37 kW in Italy was valued at 159.5 million Euros. Forecast data indicates steady growth, reaching 173.94 million Euros by 2028. The year-on-year growth from 2024 to 2028 averages around 1.73%, with a CAGR of approximately 1.72% over the five-year period. This suggests a stable market with incremental annual growth.
Future trends to watch for include:
- Advancements in energy efficiency and green technology could influence demand.
- Local and global economic conditions affecting industrial investments.
- Potential impacts from the transition to renewable energy sources and electric mobility.