The projected re-import value of DC motors and generators (0.75-75 kW) to Canada between 2024 and 2028 shows steady growth, from $3.498 million in 2024 to $3.999 million in 2028. In 2023, the re-import value was approximately $3.384 million. This indicates a year-on-year increase with an average annual growth rate (CAGR) of about 3.6% over the forecast period.
As for future trends, key factors to watch include advancements in energy efficiency, shifts in Canadian manufacturing dynamics, and global supply chain adjustments that could impact the re-importation levels of DC motors and generators.
