In 2023, the value of sold production of single-phase AC motors with an output of less than 750 W in France stood at an estimated level before the forecasted decrease from 2024 to 2028. The projected data indicates a declining trend, with a year-on-year decrease of approximately 6.9% on average between 2024 and 2028. The Compound Annual Growth Rate (CAGR) over this period is estimated at -7.8%.
Future trends to watch for:
- Technological advancements and innovation in motor efficiency.
- Market shifts due to regulatory changes focusing on energy efficiency and emissions.
- Potential impact of global supply chain disruptions affecting production costs and volumes.
- Growing demand for motors in electric vehicles and renewable energy sectors.