In 2023, Italy imported an estimated volume of universal AC/DC motors under 37.5 watts of approximately 5.36 million kilograms. From 2024 onwards, projections indicate a consistent downward trend in imports: a decrease of around 10% year-on-year over the period, with an estimated Compound Annual Growth Rate (CAGR) of approximately -12.1% from 2024 to 2028.
Future trends to watch for:
- Increased domestic production capabilities that may reduce reliance on imports.
- Technological advancements leading to lighter, more efficient motors that could shift import needs.
- Changes in regulatory frameworks or energy efficiency standards impacting motor demand.