Electric Motor Market Trends: Rising Energy Efficiency and EV Adoption (2026-2030)
Electric Motor Market is growing due to rising demand for energy-efficient solutions and the global adoption of electric vehicles during 2026-2030 forecast period. According to a TechSci Research report, the global electric motor market was valued at USD 141.68 billion in 2024 and is projected to reach USD 247.64 billion by 2030, with a CAGR… Read More »