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...

Energy Efficient Motor Market Size to Reach $41.57 Billion by 2023

Energy Efficient Motor Market
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...

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...

Brushless DC Motor Market anticipated to reach $15.2 Billion by 2025

Brushless DC Motor Market
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...

Excitation Systems Market Projected to reach $3.12 Billion by 2023

The global excitation systems market is expected to grow from an estimated USD 2.64 Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 3.38% from 2018 to 2023. Rising demand for synchronous machines in end-use applications such as hydro as well as thermal power plants is expected to drive the global excitation systems market during the forecast period. Furthermore, the ability of excitation...

Endodontics Market worth 1.61 Billion USD by 2022

Endodontics Market
The report “Endodontics Market by Instruments (Scalers, Apex Locator, Motors, Handpiece, Laser), Consumables (Access Cavity Preparation, Endodontic Files, Burs, Drill, Lubricant, Obturation), End User (Clinic, Hospital) – Global Forecast to 2022″, The global endodontics market is projected to reach USD 1.61 Billion by 2022 from USD 1.26 Billion in 2017, at a CAGR of 5.1% during...

Low Horsepower AC Motors Market Witnessing Strong Growth with Rising Energy Costs

Governments across the world are concerned about increasing energy costs. As a result, they are on the quest of energy efficient solutions to cut the rising costs. Growing demand for energy efficient motors is also gaining momentum across developed and developing nations. As a result, the low horsepower motor market is witnessing sharp growth in the terms of introduction of innovative technologies...