Global Switched Reluctance Motors Market Size to Cross USD 1,039.1 Million Mark by 2033, Surging at 6.3% CAGR | FMI Analysis

The global switched reluctance motor market size was expected to be valued at USD 564.1 million in 2023. The increasing demand for energy-efficient and cost-effective motors driving market growth. The market is estimated to garner USD 1,039.1 million in 2033, recording a CAGR of 6.3% from 2023 to 2033. The increasing demand for high-speed motors from different industry verticals such as automobiles …