Global Electric Motor Sales Market Size Report, 2021
The Global industrial motors market was valued at USD 19.81 billion in 2020, and it is expected to reach USD 23.48 billion by 2026, registering a CAGR of 2.97%, from 2021 to 2026. Motors are the driving force of industrial production. New approaches to motor monitoring, alignment, testing, and connections save time and costs while improving safety.
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