In 2023, the actual sold production of multi-phase AC motors of an output between 7.5 kW and 37 kW in Germany stood at an estimated value of 479.5 million Euros. From 2024 to 2028, the forecast data indicates a steady growth with values increasing from 487.08 million Euros in 2024 to 519.6 million Euros in 2028.
The year-on-year percentage growth expected in 2024 is 1.58%, followed by similar moderate increases in subsequent years. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.63%, implying a stable growth trajectory for this product segment.
Future trends to watch for include advancements in energy-efficient technologies and increasing demand for sustainable industrial equipment, which may further drive the demand for multi-phase AC motors. Additionally, potential regulatory changes and market dynamics in renewable energy sources could significantly impact production volumes and market values.
