The import of DC motors and generators with outputs less than 750 Watts to the U.S. is projected to increase steadily from $145.85 million in 2024 to $156.12 million in 2028. This projection marks an expected year-on-year growth rate of around 1.8% to 1.9%. In 2023, the imports stood at a slightly lower level, indicating a consistent positive trend over the forecast period. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated at approximately 1.75%.
Future trends to watch for include shifts in technology advancements, renewable energy developments, and changes in import tariffs and policies which may influence the market dynamics for DC motors and generators below 750 Watts in the U.S.
