Why is Electric Motor Market Expanding Rapidly in Asia-Pacific?

Electric Motor Market

The global electric motor market revenue stood at $105.5 billion in 2020, and it is predicted to surge to $195.1 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 6.3% from 2020 to 2030. The major factors fueling the expansion of the market are the growing compliance for … Continua a leggere