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How Innovation in Electric Motor Design Is Shaping the Future of Automation | #electric Motor

How Innovation in Electric Motor Design Is Shaping the Future of Automation

How Innovation in Electric Motor Design Is Shaping the Future of Automation

According to recent industry estimates, the global electric motor market was valued at US$ 163.4 billion in 2024 and is projected to reach US$ 303.0 billion by 2035, growing at a CAGR of 5.8% between 2025 and 2035.