Tag Archives: Automotive Motor Market

Automotive Motor Market Forecast: USD 35 Billion Valuation and Projected [Growth} at {4.8%} CAGR

The global automotive motor market has witnessed substantial growth in recent years, driven by increasing environmental concerns, advancements in motor technology, and stringent emission regulations. According to the TechSci Research report, the market stood at USD 35 billion in 2022 and is projected to grow at a CAGR of 4.8% during the forecast period from 2024 to 2028. With… Read More »

Automotive Motor Market Beyond 2022, Mapping Evolution and Forecasting Future Trends

According to TechSci Research report, “Automotive Motor Market– Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Motor Market stood at USD 35 Billion in 2022 and is anticipated to grow with a CAGR of 4.8% in the forecast period, 2024-2028. The Global Automotive Motor Market is primarily driven by several key factors. First and foremost,… Read More »