Electric Motor Market Research, Sales Analysis & Opportunity

NewsWed Nov 30 2022

Source: Electric Motor Market Research, Sales Analysis & Opportunity

[300 Pages Report] The Electric Motor Market to exhibit year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. As per the report, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million units. According to the study, the U.S. is expected to be the largest market in North America and reach US$ 40.4 Bn by 2031.