Forecast: Re-Import of AC Motors, Multi-Phase of an Output of 75 kW and more to Canada

The re-import of multi-phase AC motors with an output of 75 kW and more to Canada is forecasted to grow steadily from 2024 to 2028, after standing at 2.84 thousand in 2023. The year-on-year growth shows a consistent increase at around 6.6%, with a compound annual growth rate (CAGR) of 6.2% over this five-year period.

Future trends to watch for include:

  • Technological advancements that could either reduce or spike demand based on efficiency gains.
  • Trade policies impacting global supply chains and costs.
  • Shifts in industrial demand driven by economic factors in Canada and principal trading partners.

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