6 Key Insights on Industrial Motor Market for Forecast Period 2017-2026
Expansion of industries with increasing production around the world is resulting in the growth of industrial motor. Moreover, increasing the cost of electricity is leading towards the rising demand for energy efficient and cost-effective industrial motor. Hence, manufacturers are focusing on developing industrial motor with a new design and lightweight to make it easy to use across various industries. Increasing awareness regarding the depletion of water resources and growing need for water recycling is also contributing towards the growth of...
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