Global Electric Motor Market Set to Cross $195.1 Billion Revenue by 2030, says P&S Intelligence
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Wednesday, September 29, 2021
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In the coming years, the alternating current (AC) motor category is expected to register the highest CAGR in the electric motor market, within the type segment.
Key Points:
- In the coming years, the alternating current (AC) motor category is expected to register the highest CAGR in the electric motor market, within the type segment.
- Geographically, the Asia-Pacific (APAC) region is predicted to be the fastest-growing region in the electric motor market in the coming years.
- Electric Motor Market in Asia-Pacific - The APAC electric motor market would exhibit the fastest growth in India in the coming years.
- P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.