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The global crane motors market is poised for substantial growth over the next decade, driven by rising demand from the manufacturing sector and advancements in crane technology. Valued at approximately USD 30 billion in 2023, the market is projected to double in size, reaching a remarkable USD 60 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 7.2% from 2023 to 2033, highlighting the sector's robust potential.



Manufacturing Sector Fuels… Continue

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