The Global Medium Voltage Motors Market is expected to grow by $ 835.73 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period

New York, Oct. 08, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Medium Voltage Motors Market 2020-2024” – https://www.reportlinker.com/p02621956/?utm_source=GNW
Our reports on medium voltage motors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising focus on energy efficiency due to high power consumption of industrial motors, robust growth of process industries such as cement, steel, water, and wastewater and revival of CAPEX cycle in energy sector. In addition, rising focus on energy efficiency due to high power consumption of industrial motors is anticipated to boost the growth of the market as well.
The medium voltage motors market analysis includes product segment and geographical landscapes.
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(GlobeNewsWire)

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