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Electric Motor Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2033
Posted by Latest Market Trends on May 14, 2024 at 12:49pm 0 Comments 0 Likes
The electric motor market is poised for striking expansion, with an average Compound Annual Growth Rate (CAGR) of 6.64% projected from 2023 to 2033. By the year 2033, this dynamic sector is anticipated to achieve a noteworthy valuation of around USD 252.6 billion.
What distinguishes this market is its transformative trajectory. In 2023, the global electric motor market is estimated to reach USD 132.8 billion, showcasing substantial progress from its 2022 value of USD 131.4 billion.… Continue
What distinguishes this market is its transformative trajectory. In 2023, the global electric motor market is estimated to reach USD 132.8 billion, showcasing substantial progress from its 2022 value of USD 131.4 billion.… Continue
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