
Global Induction Motor Market: Highlighting the Favorites of Industry Leaders Siemens AG and ABB Ltd. The General Electric Company Recent Developments and Strategic Mergers at WEG Industries and Nidec Corporation
Induction Motor Market size was valued at USD 17.13 Bn. in 2021 and the total revenue is expected to grow at 4.2% through 2022 to 2029, reaching nearly USD 22.04 Bn. by 2032 at a CAGR of 3.72 % during the forecast period.
Prevalent impact in the