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“Electric motor sales market projected to grow at a CAGR of 6.26% from 2016 to 2021” The electric motor sales market is projected to reach USD 127.63 billion by 2021, growing at a CAGR of 6.26% during ...
“The advancement and rapid growth in automation and adoption of energy-efficient international standards drives the servo motors and drives market” The servo motors and drives market size, in terms ...
The global electric motor market is being driven by increasing usage of electric motors across several industries, by increasing compliance for energy efficient electric motors, by growing demand from ...