/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…
The growth of the market will be driven by the rising factory automation and use of industrial robots, increasing demand for synchronous motors for energy efficiency, and increased interest in electric vehicles. Therefore, such factors are expected to drive the global electric AC motors market growth during the forecast period.
