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,…
janewatson
April 15, 2024
Electric Motor Market to Experience Impressive Expansion, Forecasted Revenue to Reach US$ 206.55 Billion by 2030
Electric Motor Market size was valued at US$ 129.47 Bn in 2022 and the total revenue is expected to grow at 6.9 % through 2023 to 2029, reaching nearly US$ 206.55 Bn. Electric Motor Market Overview: The Electric Motor Market Research Report provides a comprehensive analysis of the current terminologies, segments, functions, and industry value chain structure. It…
