The import of DC motors and generators with an output of 375 kW and more to Canada shows a gradual decline from 2024 to 2028. In 2023, the imports were valued at approximately 22.1 million US dollars. From 2024 to 2025, the value decreases by 2.3%, continuing this trend with declines of 2.3% annually through 2028. Over the five years, the compound annual growth rate (CAGR) illustrates an average yearly decline of approximately 2.4%.
Future trends to watch for include technological advancements that may alter demand, shifts in energy policy towards renewable sources that could impact generator use, and potential trade policy changes affecting import costs.
