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Induction Motors Market is projected to grow at a CAGR of 3.90%

The induction motors market is estimated to grow to US$30.946 billion by 2029. AC electric motor in which the magnetic field of the stator is used to electromagnetic induce the electric current to produce torque in the rotor. The rising industrial applications are boosting the induction motor market growth. Visit https://www.knowledge-sourcing.com/resources/press-releases/induction-motors-market/ for more details.<br>

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Induction Motors Market is projected to grow at a CAGR of 3.90%

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  1. Induction Motors Market

  2. Introduction • The induction motors market is estimated to grow to US$30.946 billion by 2029. • AC electric motor in which the magnetic field of the stator is used to electromagnetic induce the electric current to produce torque in the rotor. • The rising industrial applications are boosting the induction motor market growth.

  3. Induction Motors Market

  4. SegmentAnalysis • By Type • Single Phase • Split Phase • Shaded Pole • Capacitor-Run • Capacitor-Start • Three Phase • Slip Ring • Squirrel Cage • By Voltage • High • Low

  5. SegmentAnalysis • By End-User • Automotive • Oil & Gas • Construction • Mining • Others • By Geography • North America • South America • Europe • Middle East and Africa • Asia Pacific

  6. Segment Analysis • We have included all segments of this market in the market research report. • The induction motors market has been categorized based on Type, Voltage, End- User,and Geography. • For complete information visit us: https://www.knowledge-sourcing.com/resources/press-releases/induction-motors-market/

  7. Company Profiles ABB Ltd. Siemens Nidec WEG Industries Higen Motor Co. Ltd Smart Office Solution Ltd (ARC System Inc.) MENZEL Elektromotoren and more

  8. CONCLUSION • Major players in the induction motors market have been covered along with their relative competitive positions and strategies. • The report also mentions recent deals and investments of different market players over the last year. • The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the induction motors market. Conclusion

  9. To Order or Request for a Sample Product: Induction Motors Market - Industry Trends, Opportunities, and Forecasts to anticipated period View a sample of the report or purchase the complete study at: https://www.knowledge-sourcing.com/report/global-induction-motors-market

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