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Global Electric Motors Market Outlook: Innovations and Challenges AheadThe global electric motors market is on a robust growth trajectory, poised to reach a staggering $254.1 billion by 2031, according to the latest publication from Meticulous Research®. Projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031, this expansion is fueled by several key factors, including the escalating demand for energy-efficient electric motors,...0 Commentarii 0 Distribuiri 6K Views
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Permanent Magnetic Motor Market Set for Rapid Expansion, Forecast to Surpass USD 103.57 Billion by 2033 at 10% CAGRThe global permanent magnetic motor market size was valued at USD 43.92 billion in 2024 and is projected to reach from USD 48.32 billion in 2025 to USD 103.57 billion by 2033, growing at a CAGR of 10% during the forecast period (2025-2033). Market Scope and Research Methodology This report provides an in-depth analysis...0 Commentarii 0 Distribuiri 85 Views
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Surging Demand for Energy-Efficient Motors Fuels Global Market Expansion: Insights into the Electric Motors MarketAccording to the latest report by Meticulous Research®, the global electric motors market is projected to reach $254.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.1% between 2024 and 2031. The surge in demand for energy-efficient electric motors, the increasing adoption in manufacturing industries, rising sales of consumer electronics, and the growing need for HVAC...0 Commentarii 0 Distribuiri 6K Views
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