New Report: Permanent Magnet Motor Market to Reach $93.75 billion in 2030
The global Permanent Magnet Motor Market is anticipated to grow from estimated USD 58.68 billion in 2025 to USD 93.75 billion by 2030, at a CAGR of 9.8% during the forecast period. The Permanent Magnet Motor Market is experiencing significant global growth due to the increasing demand for high-performance and energy-efficient motors across various applications. Permanent magnet motors utilize permanent...
Motor Monitoring Market Receive Fuel Flexibility Boost
The Motor Monitoring Market refers to the industry that provides solutions and services for monitoring the performance, condition, and health of electric motors. Electric motors are widely used in various industrial applications such as manufacturing, energy, automotive, and others, and monitoring these motors is critical to ensure their efficient operation, prevent unexpected failures, and optimize...