Global Induction Motors Market Forecast to Grow at 25.2% CAGR as Industries Accelerate Electrification | Valuates Reports
PR Newswire —
BANGALORE, India, Jan. 20, 2026 /PRNewswire/ -- What is the Market Size of Induction Motors? The global Induction Motors market was valued at USD 1030.8 Million in 2023 and is anticipated to reach USD 5098.4 Million by 2030, witnessing a CAGR of 25.2% during the forecast period 2024-2030....