Global Industrial Motor Market Size, Segmentation, Trends and Growth Analysis Forecast by 2031

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The Industrial Motors Market size is estimated at USD 24.2 billion in 2023 and is expected to reach a CAGR of 5.17% during the forecast period.

Industrial Motor Market Size, Share, Demand & Growth 2031

The size of the Industrial Motor Market is projected to be USD 24.2 billion in 2023, with a compound annual growth rate (CAGR) of 5.17% by 2031