Diversity of Applications to Fuel Growth of Global Medium and High Power Motors Market
Medium and high power electric motors are accounted for 10% of the total electric motors volume share and responsible for more than 90% of the electricity consumption. These motors are used in fans, pumps, valve, compressors, mechanical handling, machine tools, machine engineering, process plants and several other systems. The global medium and high power electric motors market is expected to see a significant growth through the forecast period 2013 – 2019. Rising electricity prices and stringent electricity consumption regulations are...
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