Global Electric Motors Market 2016-2020: Industry Size, Share, Growth, Analysis, Key Trend, Demand and Forecast
Electric Motors market is in a mature stage of its lifecycle and has the potential to even grow further in the years to come. The market has witnessed tremendous technological advancements in the last few years due to which, the current electric market is gaining traction. The market is quickly shifting towards highly efficient electric motor systems. Electrical energy is converted into mechanical energy, the electric motors find wide adoption in industrial fans, compressors, pumps, lathe machines, machine tools, domestic...
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