In 2023, the import of AC motors, multi-phase, and an output of 75 kW or more to China stood at 22.7 thousand units. The forecasted data predicts a gradual increase from 2024 to 2028, with an average annual growth of about 2.8% over these five years. The forecasted annual growth rates are moderate, suggesting steady demand, underscored by rising industrialization and infrastructure development in China.
Future trends to watch include:
- China's ongoing investments in renewable energy and smart grids, which may drive higher demand for powerful AC motors.
- Global supply chain dynamics and trade policies affecting import volumes.
- Technological advancements enhancing motor efficiency and performance.