Energy Efficient Motor Market is estimated to grow USD 55.76 billion by 2027. readmarketresearch.com

Market Overview
The report's focus is on providing a comprehensive research study of the market by efficiency level (IE1, IE2, IE3, and IE4), type, vertical, application, and geography. The study talks at length on the major factors that are driving the market's growth. Increasing support from governments globally for the adoption of energy efficient motors, rising need to reduce greenhouse effect, and increasing acceptance of energy efficient motors in the industrial sector are driving the adoption of energy efficient motors.

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