Energy Efficient Motor Market to Reach USD 151.0 Billion by 2034, Driven by Regulatory Mandates and Sustainability Initiatives

According to Future Market Insights (FMI), the global energy-efficient motor market is projected to be valued at USD 59.1 billion in 2024, with an expected rise to USD 151.0 billion by 2034, growing at a CAGR of 9.8% during the forecast period. This growth is primarily driven by rising awareness of environmental sustainability and regulatory …