The Global Industrial High Voltage Motors Market is expected to grow by $ 1.01 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period
New York, July 03, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Industrial High Voltage Motors Market 2020-2024" - https://www.reportlinker.com/p05445262/?utm_source=GNW
Our reports on industrial high 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 increase in demand for squirrel cage induction motors. In addition, increase in demand for squirrel cage induction motors is anticipated to boost the growth of the market as well.
The industrial high voltage motors market market analysis include segments.1.
The industrial high voltage motors market is segmented as below:
By End User
• Oil and gas industry
• Chemicals and petrochemicals industry
• Utilities sector
• Water and wastewater treatment industry
By Geographic Landscapes
• North America
• South America
This study identifies emergence of customized industrial high voltage motors as one of the prime reasons driving the industrial high voltage motors market growth during the next few years. emergence of customized industrial high voltage motors will lead to sizable demand in the market.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our industrial high voltage motors market covers the following areas:
• Industrial high voltage motors market sizing
• Industrial high voltage motors market forecast
• Industrial high voltage motors market industry analysis"
Read the full report: https://www.reportlinker.com/p05445262/?utm_source=GNW
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