Market Reports

Unlock 30% off global market reports with code ONLINE30 – get insights on tariff changes, macro trends, and global economic shifts What is the projected value of the electric motor and generator market by 2029? The electric motor and generator market size has grown steadily in recent years. It will grow from $131.75 billion in 2024 to $137.81 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in demand for household appliances, growth in industrial sector, and rise in disposable income. The electric motor and generator market size is expected to see steady growth in the next few years. It will grow to $159.83 billion in 2029 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to rising demand for electric vehicles, rising demand for energy, rising infrastructure development, and rapid urbanization. Major trends i...