The Global Electric Motor Sales Market size is expected to grow at an annual average of 5.3% during 2021-2027. Rapid technological advances have played an essential role in the growth of the market. In addition, improved insulation and operational efficiency have greatly improved electromechanical machinery in terms of safety and functionality, which has led to increased demand in several industries. Electric motors are used in a number of applications in industries such as household appliances, industrial machinery and vehicles. As the market is an inseparable component of HVAC equipment, it is expected to see high growth in HVAC (heating, ventilation and cooling) applications.
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A full report of Global Electric Motor Sales Market is available at: https://www.orionmarketreports.com/electric-motor-sales-market/47311/
The following Segmentation are covered in this report:
By Motor Type:
- AC Motor
- Synchronous AC Motor
- Induction AC Motor
- DC Motor
- Brushed DC Motor
- Brushless DC Motor
- Hermetic Motor
By Power Output:
- Integral HP Output
- Fractional HP Output
By Application:
- Industrial Machinery
- Motor Vehicles
- HVAC Equipment
- Aerospace & Transportation
- Household Appliances
- Others
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(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)