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Electronically Commutated Motor Market - Global Market Share, Trends, Analysis and Forecast 2022 – 2032
Frequently asked questions about this report

The global Electronically Commutated Motor market was worth US$ 4.3 billion in 2020.

The global Electronically Commutated Motor market is expected to register a CAGR of 5.6% between 2022 and 2032.

Weg, Parker Hannifin Corp., ABB Group, Nidec Motor Corporation, ALLIED MOTION TECHNOLOGIES INC are the top 5 Electronically Commutated Motor manufacturers.

Key factors considered as the driving factors for the market development are greater emphasis on environment related worries among the populace worldwide, faster endorsement and production of electric vehicles, growing business possibilities in construction and building sectors, and rising tendency of spending in motor innovations.

The end-use segments in Electronically Commutated Motor market are Consumer Electronics(Transport, Heating & Ventilation, Industrial Engineering, Model Engineering).