As of 2023, the import volume of electric motors with an output not exceeding 37.5 watts to Germany stood at an actual value. From 2024, forecasts show a consistent annual growth trend with an increase from 58.166 million kilograms in 2024 to 64.259 million kilograms by 2028. The year-on-year growth rates from 2024 onwards reveal steady positive increments, indicating a strong and consistent demand curve. The compound annual growth rate (CAGR) over the five-year period forecasts an average annual increase, highlighting sustained market expansion.
Future trends to watch include advancements in electric motor technology that could spur increased imports, changes in industrial demand and regulatory shifts affecting production standards and efficiency, as these factors could significantly influence the market landscape.
