Forecast: Import of Electric Motors and Generators to Sweden

In 2023, the import value of Electric Motors and Generators to Sweden stood at 426.67 million US Dollars. The forecasted data between 2024 and 2028 shows a consistent increase in imports, with values rising from 429.9 million USD in 2024 to 442.86 million USD by 2028. The year-on-year percentage variation indicates steady growth, with the imports expected to grow annually by approximately 0.78% during this period. The Compound Annual Growth Rate (CAGR) over these five years is about 0.75%, reflecting modest yet stable market expansion.

Future trends to watch for:

  • Technological advancements in the Electric Motors and Generators segment.
  • Policy changes influencing market regulations and import tariffs.
  • Development in renewable energy initiatives driving higher demand.
  • Economic factors that may affect the procurement capabilities of Swedish industries.

Top Countries about Electric Generator