In 2023, the turnover for electric motors, generators, and transformers in Austria was 4.56 billion euros. Forecasts from 2024 to 2028 indicate a slight decrease, with values at 4.53 billion euros in 2024, 4.50 billion euros in 2025, 4.46 billion euros in 2026, 4.43 billion euros in 2027, and 4.39 billion euros in 2028.
Year-on-year variations are:
- 2024: -0.66%
- 2025: -0.66%
- 2026: -0.89%
- 2027: -0.67%
- 2028: -0.90%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately -0.75%, indicating a gradual decline over the period.
Future trends to watch for include advancements in renewable energy technologies and potential increases in demand for electric mobility, which could offset some of the decline. Additionally, policy changes and investments in infrastructure could play a significant role in market dynamics.
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