In 2023, the import value of DC motors and generators under 750 watts to China stood as a benchmark for future forecasts, which begin in 2024. Year-on-year growth reflects a steady increase in import value: 3.61% in 2025, 3.41% in 2026, 3.24% in 2027, and 3.06% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.23%, indicating consistent expansion driven by rising demand in sectors such as electric vehicles and renewable energy.
Future trends to watch include technological advancements reducing costs, evolving global supply chains affecting pricing, and China's policy direction towards sustainable energy solutions, which could further accelerate demand.
