Global Permanent Magnet Motor Market Share Set to Reach USD 120.5...

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2025-02-18 04:23:55 -

Global Permanent Magnet Motor Market Share Set to Reach USD 120.5 Billion by 2030, Driven by Energy Efficiency and Electric Vehicle Adoption

Global Permanent Magnet Motor Market Projected to Reach USD 120.5 Billion by 2030 The Global Permanent Magnet Motor Market Share is poised for significant growth, with projections indicating an increase from USD 53.22 billion in 2023 to approximately USD 120.5 billion by 2030, representing a compound annual growth rate (CAGR) of 12.44%. This growth is driven by the increasing demand...

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