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Make in India Boosts Demand for Induction Motors in Manufacturing Sector | #electricmotors

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Make in India Boosts Demand for Induction Motors in Manufacturing Sector | #electricmotors

Make in India Boosts Demand for Induction Motors in Manufacturing Sector
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Make in India Boosts Demand for Induction Motors in Manufacturing Sector

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, registering a CAGR of 7.2% during the forecast period (2024-2032).
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