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Germany Electric Motor Market CAGR and Value Chain Study for the Septennial 2021-2027 – KSU

Partnership By Major Players To Power Growth In The Market  Major players in the global market for electric motor adopted product launch and partnership as its major developmental tactic to branch out its business and enhance its product portfolio. For example, WEG S.A, and Spanish private firm, a leading provider of pork, in January 2019 inked partnership deal. As per the deal Spanish private firm has set up W22 Magnet IE4 electric motors at the Manresa facilities in refrigeration system. In the same manner, Nord Drivesystems in December 2017 rolled out IE4, AC synchronous motors for applications in food & beverage sectors. Via this decision Nord branched out its portfolio of PM synchronous motor.

Global Vehicle Electrification Market Report 2020-2027: Rise in Adoption of Fuel-efficient Mobility Solutions Along with Effective Performance

Share this article Share this article ResearchAndMarkets.com s offering. The global vehicle electrification market was valued at $70.14 billion in 2019, and is projected to reach $140.29 billion by 2027, registering a CAGR of 11.3%. Asia-Pacific and North America are expected to witness considerable CAGRs of 12.9% and 11.2%, respectively. Vehicle electrification is the new era of automotive industry as majority of the industry players are changing the manufacturing outlook. The changing automotive manufacturing outlook is expected to support the growth of vehicle electrification market in the recent years. Moreover, electrical vehicles are witnessing popularity across the globe, owing to their operational efficiency and superior fuel economy. Vehicle electrification outperforms the conventional vehicle providing higher fuel economy, low carbon emission & maintenance, convenience of charging and refueling, smoother drive, and reduced sound from engine. Asia Pacific is expected

Electric Motor Market Revenue to Hit $195 2 Billion by 2030: P&S Intelligence

Share this article Share this article NEW YORK, Jan. 18, 2021 /PRNewswire/ The global electric motor market is projected to reach a value of over $195.2 billion by 2030, rising from $118.2 billion in 2019, progressing at a 4.8% CAGR during 2020–2030, according to P&S Intelligence. The market is growing due to the: Increasing sales of electric vehicles Rising government efforts for encouraging the adoption of electric vehicles The increasing government efforts for enhancing the adoption of electric vehicles is a key driving factor of the   electric motor market. Governments of several countries are offering tax incentives and subsidies on the purchase of electric vehicles and are implementing strict emission laws on traditional ICE vehicles. For example, China has been providing a subsidy of over $10,000 per EV since 2017. Similarly, the Indian government is also aiming to have a considerable EV fleet by 2030, for which the National Electric Mobility Mission Plan 2020 wa

Gear Motor Market Regional Study, Growth Insight, Share, Size, Key Players, Competitor Strategies and Forecast 2021

Gear Motor Market Regional Study, Growth Insight, Share, Size, Key Players, Competitor Strategies and Forecast 2021
texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.

Synchronous Motor Market 2021 Latest Trends, Shares, Revenue, Comprehensive Analysis and Regional Growth With Industry Forecast To 2023

Synchronous Motor Market 2021 Latest Trends, Shares, Revenue, Comprehensive Analysis and Regional Growth With Industry Forecast To 2023
texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.

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