Press release
2028 Industrial Motors Industry Report Growth Forecasts
Industrial motors are widely used in industrial fans, machine tools, household appliances and power tools. Motors with highly invariable characteristics provide convenient mechanical power and are used in many industries. These motors have longer life and less maintenance.
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By geography, Europe is going to have high growth during the forecast period due to the region's government initiatives in the manufacturing sector and the expansion of major industries, expansion of oil reserves, especially through the discovery of unconventional sources, which drives the need for an industrial motor while growing market development in Europe.
Some of the key players profiled in the Industrial Motors Market include ABB, Ametek, ARC Systems Inc., Baldor Electric Company, Emerson Electric, Franklin Electric, General Electric, Hyosung Corporation , Mitsubishi, Nidec Corp, Regal Beloit Corporation, Rockwell Automation , Shandong Huali Electric Motor Group Co. Ltd., Siemens AG and Toshiba Corporation.
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Comprehensive profiling of additional market players (up to 3)
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Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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