According to IMARC Group, the global electric motor market size reached US$ 107.0 Billion in 2022. Looking forward, the market is expected to reach US$ 135.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. Factors Affecting the Growth of the Electric Motor Industry:    Increasing Adoption in Electric Vehicles (EVs): The electric […]