Industrial Motor Market Size Worth US$ 27 Billion by 2035 at CAGR of 3.9%: Fact.MR Report
The global industrial motor market is poised for steady expansion, projected to rise from USD 18.4 billion in 2025 to USD 27.0 billion by 2035, registering a CAGR of 3.9%. Growth is fueled by increasing automation across industries and the accelerating shift toward energy-efficient motor solutions.
Moreover, advancements in smart motor technologies, including IoT integration and...