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Induction Motors Market Accelerates with Industrial Automation and Smart Infrastructure Growth | #induction motors # AC motors market # electric motors industry # industrial motor applications # three-phase motors

Induction Motors Market Accelerates with Industrial Automation and Smart Infrastructure Growth

Induction Motors Market Accelerates with Industrial Automation and Smart Infrastructure Growth

The global induction motors market size was valued at USD 26.42 billion in 2024 and is expected to reach USD 46.09 billion by 2032, at a CAGR of 7.20% during the forecast period