Research Blogs

  According to a recent research report released by Transparency Market Research, the  global precision electric motors market  is expected to be worth US$52.22 billion by 2020. The report, titled “ Precision Electric Motors (Brushless) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ” estimates the overall market to witness a positive growth at a CAGR of 12.7% during the period between 2014 and 2020. In 2013, the precision electric motors market was valued at US$22.69 billion. The report points out that the increasing demand for high performance motors has led to the growth of the global precision electric motors market. Precision electric motors are energy efficient with reduced noise and increased shelf life. The growing demand for precision electric motors owing to the increased production of motor vehicles, defense and aerospace equipment, home appliances, and other electric motor driven systems will propel the global...

According to a recent research report released by Transparency Market Research, the  global precision electric motors market  is expected to be worth US$52.22 billion by 2020. The report, titled “ Precision Electric Motors (Brushless) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ” estimates the overall market to witness a positive growth at a CAGR of 12.7% during the period between 2014 and 2020. In 2013, the precision electric motors market was valued at US$22.69 billion. The report points out that the increasing demand for high performance motors has led to the growth of the global precision electric motors market. Precision electric motors are energy efficient with reduced noise and increased shelf life. The growing demand for precision electric motors owing to the increased production of motor vehicles, defense and aerospace equipment, home appliances, and other electric motor driven systems will propel the global precis...