The forecast indicates a consistent decline in the number of enterprises in the Brazilian sector of electric motors, generators, transformers, and electricity distribution control from 2024 to 2028. Starting from 388 in 2024, a decrease of approximately 2% year-on-year is evident, with projections showing a decrease to 355 enterprises by 2028. The compound annual growth rate (CAGR) over these five years highlights this gradual reduction.
Future trends to watch for:
- Technological innovation and automation, potentially reducing the number of traditional enterprises.
- Global demand shifts toward renewable energy solutions impacting industry dynamics.
- Policy changes and economic conditions within Brazil that may affect the sector.