Electric Motor Market Size 2024 To 2032
The global electric motor market size reached USD 111.3 Billion in 2023.
The electric motor market market size is expected to reach USD 153.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.
Asia Pacific leads the market, accounting for the largest electric motor market share.
AC motors accounts for most of the...
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