Energy Efficient Motor Market Share Expected to Reach $59.3 Billion by 2028
The global Energy Efficient Motor Market Share will grow to USD 59.3 Billion by 2028 from USD 41.7 Billion in 2023, at a CAGR of 7.3% according to a new report by MarketsandMarkets™. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant...
Energy Management Systems Market Share Expected to Reach $84.34 billion by 2029
The global Energy Management Systems Market Share is expected to grow from USD 44.19 billion in 2024 to USD 84.34 billion by 2029, at a CAGR of 13.8% from 2024 to 2029. The global energy management system market is mainly pushed through the increasing emphasis on power efficiency and the growing need to reduce operational prices across diverse industries. As energy expenses keep to differ and regulatory...
Energy Efficient Motor Market Share to Reach $59.3 Billion by 2028
The global Energy Efficient Motor Market Share will grow to USD 59.3 Billion by 2028 from USD 41.7 Billion in 2023, at a CAGR of 7.3% during 2023-2028. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant energy savings, reduce greenhouse...
Electric Motors Market Size to Hit $206.4 billion by 2029
The global Electric Motors Market by value, is estimated to be USD 152.2 billion in 2024 and is projected to reach USD 206.4 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029. Due to the growing demand for electric motors within the global automotive, manufacturing, and renewable energy sectors, among others, the electric motor market has bloomed forth globally. All these sectors inherit...
Air Quality Control Systems: Driving Innovation for a Sustainable Future
The global Air Quality Control Systems Industry in terms of revenue was estimated to be worth $107.4 billion in 2024 and is poised to reach $150.7 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The demand for air quality control systems is on the rise due to various factors. Expansion in industries like manufacturing, automotive,...
Energy Efficient Motor Market Size, Share, Trends, Growth & Forecast 2028
The global Energy Efficient Motor Market is projected to reach USD 59.3 billion in 2028 from USD 41.7 billion in 2023 at a CAGR of 7.3% during the forecast period. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant energy savings,...
Clean Solutions: Industrial Filtration Market Evolution in the US
The Industrial Filtration market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to its massive food & beverage sector, extensive oil & gas infrastructure, and ongoing construction & environmental projects. Stringent regulations, aging power plants, and a growing focus on clean industry practices are expected to...
Electrifying Growth: Electric Motors Market Insights for the US Region
The electric motors market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among the end use industries, Industrial is anticipated to dominate in the U.S. market due to the...
Industrial Filtration Market worth $47.1 Billion by 2029
The global Industrial Filtration Market is expected to reach USD 47.1billion by 2029 from USD 37.1 billion in 2024 at a CAGR of 4.9% during the forecast period according to a new report by MarketsandMarkets™. The rigorous environmental regulations imposed by governments worldwide require industries to adopt filtration solutions to mitigate pollution and ensure compliance. This...
Pad-Mounted Switchgear Market worth $7.1 Billion by 2028
The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™. Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while vault switchgear can be wall- or floor-mounted for underground installations with flexibility to the direction...