As of 2023, the sold production of multi-phase AC motors with an output of 7.5 kW - 37 kW in Italy was at 630 thousand items. The forecast for 2024 indicates an increase to 656.61 thousand items. Remarkably, the forecasted data shows a consistent upward trend with year-on-year growth of approximately 4.1% from 2024 to 2028, leading to an estimated 763.12 thousand items by 2028. The Compound Annual Growth Rate (CAGR) over this period is 3.90%.
Future trends to watch for include:
- Advancements in energy-efficient motor technologies.
- Increasing demand from industrial automation sectors.
- Potential impact of economic and regulatory changes on production and sales.