The forecast for the re-import of multi-phase AC motors with an output of 0.75-75 kW to the UK shows a steady increase from 2024 to 2028. In 2023, the actual re-import value stood at 2.15 thousand. Forecasts for 2024 to 2028 indicate a consistent growth, with values projected to rise from 2.25 thousand in 2024 to 2.74 thousand in 2028. This represents a compound annual growth rate (CAGR) of approximately 5%.
Future trends to watch:
- Potential technological advancements driving efficiency improvements in AC motors.
- Changes in regulatory standards affecting motor imports and exports.
- Economic factors influencing UK manufacturing demands that impact re-import volumes.