May 21, 2024
Electric motor market Size, Share, Growth Trends | 2032
The electric motor market market size, buoyed by technological advancements and a growing awareness of sustainable energy solutions, has been on a steady upward trajectory. In 2023, the market surged to approximately USD 124.33 billion, showcasing robust growth. As we sail into the future, projections indicate a promising CAGR of 5.3% between 2024 and 2032,…
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