Global Industrial Motors Market is projected to Grow at a CAGR of 5.00% over the Forecast Period to Reach US$100.481 Billion by 2022, increasing from US$78.711 Billion in 2017
Global industrial motors market is projected to grow at a CAGR of 5.00% over the forecast period to reach US$100.481 billion by 2022, increasing from US$78.711 billion in 2017. Rising industrial production across the globe is escalating the growth of industrial motors market. Stringent energy standards and growing prices of electricity are further boosting the demand for energy-efficient industri1 Posted via Industry Today. Follow us on Twitter @IndustryToday
