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Low Voltage Motor Market To Register A Healthy CAGR Till The Forecast Year 2032

Posted by Latest Market Trends on July 26, 2024 at 10:29am 0 Comments

The low voltage motor market is poised for significant expansion, with projections from FMI indicating a notable Compound Annual Growth Rate (CAGR) of 6.7%, aiming for a substantial market value of USD 75 billion by 2032.



These energy-efficient advancements, surpassing conventional motors by 2% to 8% in efficiency, not only promise substantial cost savings but also play a pivotal role in mitigating the carbon footprint of industrial operations. Meticulously engineered to adhere to… Continue

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