Revolutionizing Home Appliances An In-Depth Analysis of the Electric Motors Market
The market size for electric motors and household appliances was estimated at USD 10.9 billion in 2022. The industry for electric motors and household appliances is expected to grow at a compound annual growth rate (CAGR) of 5.27% from USD 11.47 billion in 2023 to USD 17.3 billion by 2032.
Increasing demand for energy-efficient home appliances provides impetus to the market growth of electric...
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