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Telangana outperformed national growth rate: KTR

Despite the Covid-19 pandemic, Telangana s growth rate has outperformed the national growth rate and its share in the national Gross Domestic Product (GDP) has increased from 4.74 per cent in 2019-20 to 5 per cent this year, state Industry .

Servo Drives and Motors Market Evolving Technology, Demand and Growth Outlook 2021 to 2027 – KSU

Permanent Magnet Motor Market Worth $64 6 Billion by 2026 - Exclusive Report by MarketsandMarkets

Permanent Magnet Motor Market Worth $64 6 Billion by 2026 - Exclusive Report by MarketsandMarkets™

by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential), and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the global Permanent Magnet Motor Market is projected to reach USD 64.6 billion by 2026 from an estimated value of USD 41.2 billion in 2021, at a CAGR of 9.4% during the forecast period. Increasing demand for energy-efficient motors and growing implementation of permanent magnet motor in industries such as automotive are the key factors driving the Permanent Magnet Motor Market. The high initial cost of permanent magnet motor can restraint the growth of the Permanent Magnet Motor Market. However, growing robotics technology offers promising business opportunities in the Permanent Magnet Motor Market.

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