The market size of multi-phase AC motors with an output inferior to 750 W in Germany is forecasted to grow from an estimated 6.9398 million units in 2024 to 7.3178 million units by 2028. In 2023, the volume stood at 6.846 million units. The year-on-year growth from 2024 to 2028 reflects a steady upward trend, with the compound annual growth rate (CAGR) over this five-year period averaging approximately 1.33% per year.
Future trends to watch for include:
- Increasing demand driven by industrial automation and electric vehicle manufacturing.
- Potential impacts from regulatory and sustainability initiatives aimed at energy efficiency.
- Technological advancements and innovations in motor efficiency and design.