Energy-Efficient Motor Market Worth $82.23 Billion by 2020
According to a new market research report on the "Energy-Efficient Motor Market by Type (IE1, IE2, IE3, and IE4), Product (Synchronous, Asynchronous, and DC), Application (HVAC, Pumps, Fans, Compressed Air, Material Handling, and Processing), End-user, and Geography - Analysis & Forecast to 2015 - 2020", published by MarketsandMarkets, the Energy-Efficient Motor Market is expected to grow at a CAGR of 11.78% between 2015 and 2020, and reach $82.23 Billion by 2020.
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