The electric motors market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among the end use industries, Industrial is anticipated to dominate in... Continue Reading →
According to a research report "Switchgear Market by Insulation (Gas-insulated, Air-insulated), Installation (Indoor, Outdoor), Current (AC, DC), Voltage (Low (up to 1 kV), Medium (2-36 kV), High (Above 36 kV), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the market size for switchgear is projected to reach approximately USD 119.9 billion... Continue Reading →
According to the new market research report published by MarketsandMarkets™, the Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% from 2020 to 2026. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle... Continue Reading →
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