Electric Motor Market will Escalate Rapidly in Near Future

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for...

Electric Motor Market Likely to Boost Future Growth by 2026

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period.Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for the growth...

Growth opportunities for HVAC line sets manufacturers

HVAC Linesets Market
The global HVAC linesets market size is projected to reach USD 11.4 billion by 2026 at a CAGR of 10.0% from USD 7.1 billion in 2021. Urbanization and increase in residential construction, growing trends of smart homes, increasing demand for air conditioners, and significant growth in number of data centers and their power density are driving the HVAC lineset market. The increase in demand for...

Electric Motor Market to be $169.1 Billion by 2026

Electric Motor Market
According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026″,published by MarketsandMarkets™,the Electric Motor Market is expected to grow from an estimated USD...