According to a recent report published by Allied Market Research, titled, “Hub Motor Market by Product, Sales Channel, and Position: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global hub motor market size was valued at $12.25 billion in 2018, and is projected to reach $17.45 billion by 2026, registering a CAGR of 4.4% from 2019 to 2026. …
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