Permanent Magnet Motor Industry to 2026: Increasing Demand In Industrial, Commercial & Residential, Healthcare Driving the growth of Industry
The report, global permanent magnet motor market is projected to reach USD 64.6 billion by 2026 from an estimated value of USD 41.2 billion in 2021, at a CAGR of 9.4% during the forecast period. Increasing demand for energy-efficient motors and growing implementation of permanent …