ABC Consulting has announced its latest market research report Global Linear Motion Systems Market.
The global electric motor market has been hit by a drastic increase in raw material prices for the third time in the last couple of months
The global electric motor market has been hit by a drastic increase in raw material prices.
The Pandemic slows "Made in Germany" in 2020. Since then, exports have been increasing slowly but steadily, but are still well below pre-crisis levels.
More than 300 million electric motors are used in infrastructure, large buildings, and industry globally.
The global electric motor sales market grows from EUR 84 bil. in 2016 to EUR 114 bil. by 2020, at a CAGR of 6%.