India, Pune, Aug. 08, 2023 (GLOBE NEWSWIRE) — The global electric motor market size was valued at USD 106.45 billion in 2020 and is expected to reach 181.89 billion by 2028, exhibiting a CAGR of 7.0% during the forecast period. A key trend in the aircraft Electric Motor market includes technological advancement. Major companies operating in the Electric Motor market are focused on developing technologically advanced products to strengthen their market position.
(GlobeNewsWire)