The import forecast for AC motors, multi-phase, with an output of 0.75-75 kW to the US indicates a steady increase from 2024 to 2028, beginning at 147.55 million kilograms in 2024 and reaching 163.3 million kilograms by 2028. This represents a year-on-year growth of approximately 2-3%. The compounded annual growth rate (CAGR) over these five years is expected to be around 2.58%. In 2023, the import value stood at 143.8 million kilograms, marking a consistent demand for these motors in the US market.
Looking ahead, key trends to monitor include technological advancements in motor efficiency and environmental regulations, which could impact import dynamics. Additionally, shifts in global supply chains and manufacturing locations could influence these forecasts.
