Press release
Global Electric Motor Market Size – Forecasts to 2026
According to the report issued by Global Market Estimates Research & Consultants, the Electric Motor Market is indicated to depict a noticeable endowment of 6.9% during the forecast period (2020-2026).
Fluctuating raw materials for the manufacturing of electric motors from China and India are the primary deterrents of the market whereas increased demand for heating, ventilation, and air conditioning applications in residential, commercial, and industrial users, increase usage of electric machines, and expansion of small and medium-sized enterprises are the major factor influencing the global electric motors market respectively.
Browse 175 Market Data Tables and 111 Figures spread through 195 Pages on "Electric Motor Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/electric-motor-market-2497
By Type (AC and DC), By Type of Power Rating (375 KW), By Type of Size (Below 20 mm, 20–110 mm, and Others), By Type of End-User (Industrial, Residential, Commercial, Agriculture, and Transportation), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights:
• The Electric Motor products market will show tremendous growth with a CAGR value of 6.9% during 2020-2026.
• DC motors are seen to dominate the market from 2020 to 2026.
•
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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