Energy Efficient Motor Market to See Huge Growth in Near Future
The global energy
efficient motor market is projected to reach USD 41.6 billion by 2023 from
USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major
factors driving the growth of the energy-efficient motor market are energy
savings and the subsequent cost over traditional motors, increasing
governmental support worldwide towards the adoption of energy-efficient motors,
rising...
Energy Efficient Motor Market Size to Reach $41.6 Billion by 2023
The global energy-efficient
motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3
billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors
driving the growth of the energy-efficient motor market are energy savings and
the subsequent cost over traditional motors, increasing governmental support
worldwide towards the adoption of energy-efficient motors, rising...
Industrial Plugs and Sockets Market Size 2021: key players, growth and demand drivers to 2025
The global industrial plugs and sockets market size is projected to grow from USD 2.5 billion in 2020 to USD 3.2 billion by 2025; it is expected to grow at a CAGR of 4.9% from 2020 to 2025. The key factors driving the growth of the industrial plugs and sockets industry include rapid industrialization in Asia Pacific and increased investments in infrastructure development projects to contribute...
Energy Efficient Motor Market Size to Reach $41.57 Billion by 2023
The global Energy
Efficient Motor Market is projected to reach USD 41.6 billion by 2023 from
USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major
factors driving the growth of the energy efficient motor market are energy
savings and the subsequent cost over traditional motors, increasing
governmental support worldwide towards the adoption of energy efficient motors,
rising...
Brushless DC Motor Market anticipated to reach $15.2 Billion by 2025
The global Brushless
DC Motor Market size is expected to grow from an estimated USD 9.6 billion
in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast
period. The market is set to witness growth due to increasing industrial
applications of these motors and surging adoption of brushless DC motors in
HVAC, automotive, and consumer electronics applications.
The inner rotor segment...
HVAC Filters Market Industry Leaders
HVAC filters are the separation media used in HVAC systems to remove pollutants or harmful substances from the air that is taken in by the HVAC systems. These pollutants can be solid air particles, dust, pollen, and even toxic gases. The HVAC filters market is estimated to be USD 6.0 billion in 2019 and is projected to reach USD 7.7 billion by 2024, at a CAGR of 5.1% during the forecast period. Growth...