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Can Inverter Duty Motors Market Reach to $4.08 Billion till 2021

The inverter duty motors market is expected to grow from an estimated USD 2.58 Billion in 2016 to USD 4.08 Billion by 2021, at a CAGR of 9.6% from 2016 to 2021. Increasing need for motor efficiency, growing urbanization and infrastructure developments, and high demand for energy density of motors are driving the inverter duty motors market across the globe.

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Can Inverter Duty Motors Market Reach to $4.08 Billion till 2021