The Global Energy Efficient Motors Market size is expected to grow at an annual average of 5.3% during 2021-2027. Energy efficient motors are based on less energy, power coolers and are more stable than conventional motors. This engine features more copper windings. The motor has low noise and vibration and a low operating temperature. Increasing robotics and automation in the manufacturing sector, decreasing energy consumption costs and increasing vehicle sales are driving the growth of the energy efficient motor market. High investment costs and fierce competition in the early stages are limiting the energy-efficient motor market. Government support for energy-efficient motor adoption is an opportunity.
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The following Segmentation are covered in this report:
By Efficiency Level
- IE4
- IE3
- IE2
- IE1
By Type
- AC Motors
- DC Motors
By Application
- HVAC
- Fans
- Pumps
- Compressors
- Refrigeration
- Material Handling
- Material Processing
By Vertical
- Industrial
- Commercial Building
- Residential
- Automotive
- Aerospace and Defense
- Agriculture
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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.)