Synchronous Motors Market Worth 21.49 Billion USD by 2021
The report "Synchronous Motors Market by Mount Type (Horizontal and Vertical), Voltage (LV and MV), End User (Oil & Gas, Chemicals & Petrochemicals, Metals, Mining, Pulp and Paper), Application, and by Region - Global Trends & Forecasts to 2021", The synchronous motors market is expected to grow from an estimated USD 17.83 Billion in 2016 to USD 21.49 Billion by 2021, at a CAGR of 3.8%. High efficiency, power factor correction capabilities, and stringent regulations are driving the synchronous motors...
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