Electric Motor Market Analysis by Industry Size, Future Evolution, Scope and Regional Analysis by 2022-2027
According to IMARC Group’s latest report, titled “Electric Motor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global electric motor market reached a value of US$ 108.8 Billion in 2021. Electric motors are electro-mechanical machines that work on the principle of electromagnetic induction. Compared to a fossil-fuel engine,...
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