Energy-efficient Motor Market is Set for Double-Digit Growth Driven...

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2024-11-25 06:03:55 -

Energy-efficient Motor Market is Set for Double-Digit Growth Driven by Increasing Adoption of Energy-efficient Technologies

The global energy-efficient motor market is estimated to be valued at US$ 60.63 billion in 2024 and is expected to exhibit a CAGR of 9.6% over the forecast period 2024-2031. With growing concerns regarding energy consumption and carbon emissions, industries are increasingly adopting energy-efficient motor technologies to reduce operational costs and meet sustainability goals. Energy-efficient...

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