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Electric Motor Market Size Increasing Demand Growth of Electric Motor Industry

The global Electric Motor Market size is projected to grow from USD 113.14 billion in 2021 to USD 181.89 billion in 2028 while exhibiting a CAGR of 7.0% between 2021 and 2028. Fortune Business Insights published this information in its latest report, titled, “Electric Motor Market, 2021-2028.” The report further mentions that the market stood at USD 106.45 billion in 2020. Factors such as the inc

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