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Induction Motors Market 2024-2032: Analyzing Growth Drivers, Innovations, and Global Opportunities | #induction Motors Market Forecast

Induction Motors Market 2024-2032: Analyzing Growth Drivers, Innovations, and Global Opportunities

Induction Motors Market 2024-2032: Analyzing Growth Drivers, Innovations, and Global Opportunities

According to Straits Research, the global Induction Motors Market size was valued at USD 19.2 billion in 2023. It is projected to reach from USD 20.5 billion in 2024 to USD 36 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2024–2032).

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