Permanent Magnet Motor Market to Touch $64.6 billion by 2026; Increasing Demand for Energy-efficient Motors to Boost Growth
According to the new market report “Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential), and Region – Global Forecast to 2026” The global permanent magnet motor market is projected to reach USD 64.6 billion by 2026 from an estimated...