The import of multi-phase AC motors to the US with an output of 75 kW and more is projected to increase consistently from 2024 to 2028, with values escalating from 60.981 million kilograms in 2024 to 63.678 million kilograms in 2028. Assuming the market held stable in 2023, the increase is gradual at an average annual growth rate (CAGR) above 1.0%, indicating a steady demand. The year-on-year growth rates remain positive, reflecting recovery and growth past the pandemic disruptions, assuming prior figures are stable.
Future trends to watch for:
- Potential impact of emerging energy-efficient technologies on import volumes.
- Global supply chain dynamics and geopolitical influences affecting imports.
- Changes in US domestic manufacturing capabilities or sustainability policies.