Electric Motor Market to Surpass USD 285.9 billion by 2035

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2026-03-26 19:40:29

The global Electric Motor Market is entering a transformative growth phase, projected to expand from USD 150.9 billion in 2025 to USD 285.9 billion by 2035, registering a CAGR of 6.6%. This nearly 1.9X growth reflects accelerating demand from electric vehicles (EVs), industrial automation, and energy-efficient infrastructure across residential, commercial, and industrial sectors. As...

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