To Reach $207.3 bn Electric Motor Market Enhances New Products to Flourish the Market Growth by 2030

Electric Motor Market by Motor Type (Alternate Current (AC) Motor and Direct Current (DC) Motor), Output Power (Integral Horsepower (IHP) Output and Fractional Horsepower (FHP) Output), and Application (Industrial, HVAC, Medical Equipment, Industrial Machinery, Home Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030 According to Allied Market Research The global electric motor market …

Electric Motor Market Statistics, Facts, Regional Trends & Growth 2030

The global Electric Motor Market report offers the complete market share, size, and the growth rate of different segments at both the country and regional levels. The report offers an in-depth study of the global Electric Motormarket coupled with the study of dynamic driving factors, constraints, challenges, and opportunities. It provides an in-depth study of …

Electric Motor Market Business Overview and Global Development Trends 2030

According to the report, the global electric motor industry generated $106.3 billion in 2020, and is estimated to reach $207.3 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030. Electric motor is compact in size, possesses high torque, requires less maintenance, is low noise level, and provides better torque to weight ratio. This motor is used …