Worldwide demand for low voltage motors is predicted to rise at a healthy CAGR of 6.8% from 2023 to 2033. At present, the global low voltage motors market is valued at US$ 41.20 billion and is thus expected to touch a valuation of US$ 79.55 billion by 2033.
The low voltage motors market has gained significant traction in recent years, driven by the increasing demand for...
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