In 2023, Germany's import of electric motors with an output not exceeding 37.5 watts stood at approximately 344 million. The forecast for 2024 anticipates an increase to 349.9 million, representing a year-on-year rise of about 1.7%. By 2028, imports are expected to reach 372.65 million, marking a consistent upward trend with an approximate 1.6% annual growth rate (CAGR) from 2024 to 2028. This steady increase indicates a robust demand for small electric motors within Germany.
Future trends to watch include advancements in energy efficiency and smart motor technologies, which could potentially drive further demand. Additionally, shifts in global supply chains or trade tariffs may also affect import levels and should be monitored closely.
