The import of multi-phase AC motors with an output of more than 750 kW to Germany is expected to reach 1.42 thousand items in 2024, progressively increasing to 1.53 thousand items by 2028. This reflects a steady, albeit modest, annual growth rate, with each year showing a year-on-year increase of around 2%. In 2023, the imports stood at 1.39 thousand items, marking the beginning of this upward trend.
Future trends to watch for include:
- Technological advancements in energy efficiency of AC motors, which could influence demand.
- Fluctuating industrial needs driven by Germany's manufacturing and renewable energy sectors.
- Global trade policies and economic conditions impacting import volumes.