In 2023, the sold production of multi-phase AC motors under 750 W in Italy stood below projected levels for subsequent years. From 2024 to 2028, forecasts indicate a steady year-on-year growth: 6.66% (2024-2025), 6.18% (2025-2026), 5.76% (2026-2027), and 5.38% (2027-2028). Over this forecast period, the Compound Annual Growth Rate (CAGR) is estimated at approximately 5.83%, underscoring a promising upward trend in production volume.
Future trends to watch:
- Technological advancements driving efficiency and new applications for AC motors.
- Sustainability efforts impacting production processes and materials.
- Evolving demand from sectors such as electric vehicles and automation industries.