In 2023, Japan imported DC motors and generators with an output of less than 750 Watts weighing approximately 36.7 million kilograms. From 2024 to 2028, a steady increase in imports is forecasted, with values predicted to grow from 37.8 million kilograms to 42.1 million kilograms. The year-on-year growth highlights a consistent upward trend. Specifically, imports are expected to increase annually by about 2-3%.
Over the upcoming five years, the Compound Annual Growth Rate (CAGR) is anticipated to be around 2.2%. This reflects a stable and persistent demand for these components.
Future trends to watch include advancements in electric mobility and renewable energy sectors, which may further drive import growth. Monitoring technological developments and policy changes will be crucial for forecasting further shifts in demand.
