Industrial Motor Market to Reach US$ 31.9 Billion by 2033 Driven by Energy Efficiency and Automation Trends - Persistence Market Research

LONDON, April 8, 2026 /PRNewswire/ -- The global industrial motor market is growing steadily, expected to be valued at around US$ 23.1 billion in 2026 and projected to reach US$ 31.9 billion by 2033, with a CAGR of 4.7% in the coming years. This growth is fueled by rapid...