Energy Efficient Motors Are the Next Big Opportunity for Energy Industry-Forecast 22
Factory automation is being increasingly adopted by manufacturers in order to improve production capacity while simultaneously minimizing errors, process time and hazardous environmental effects. This acts as a driving force for the Energy Efficient Motor Market, ensuring that it will grow at a steady rate. Energy efficient motors have a low failure rate and a high tolerance for overload conditions; these features make them significantly attractive for end users from various verticals.
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