/PRNewswire/ The electric AC motors market size is forecast to increase by USD 35850.81 million from 2022 to 2027. The market is estimated to grow at a CAGR.
/PRNewswire/ Technavio has been monitoring the AC electric motor sales in oil and gas market, and it is expected to grow by USD 3,250.86 million from 2022.
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The electric motor market size was valued USD 106.45 billion in 2020 and USD 113.14 billion in 2021 respectively. The global market size for electric motor is