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Tag: Electric Motor Market

Electric Motor Market to Generate $169.1 Billion Revenue By 2036

Press Release

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial […]

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Electric Motor Market Analysis 2021-2026, Industry Growth, Share, Size, Trends and Outlook

Press Release

The global electric motor market reached a value of US$ 122.2 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years. An electric motor is an electro-mechanical device that works on the […]

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Electric Motor Market Worth $169.1 Billion by 2026

Press Release

According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026″,published by […]

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Customized Electric Motors Are Key Trend Being Observed In the Electric Motor Market

Press Release

Electric vehicles can be of great help in this regard, which is why their adoption is increasing. A major component of an electric vehicle is an electric motor, therefore, their demand is also increasing with the rising adoption of electric […]

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