Published on in “Business”, language — English. 11 pages.
The global permanent magnet motor market was valued at $28.24 billion in 2016 and is projected to reach $74.33 billion by 2024, growing at a CAGR of 13.2% from 2017 to 2024. In 2016, the direct current motor segment held the highest revenue share in the global market. Among major regions, North America market was the highest revenue generating market in 2016. More