Global Induction Motors market to see 25.2% CAGR, valued at USD 1030.8M in 2023, expected to reach USD 5098.4M by 2030.
In Bangalore, India, as of January 20th, 2026, the current market value of Induction Motors stands at USD 1030.8 million, as reported by PRNewswire. Forecasts suggest that this market is expected to soar to USD 5098.4 million by the year 2030. This growth represents a significant Compound Annual Growth Rate (CAGR) of 25.2% projected for the period spanning from 2024 to 2030.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments