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2026-06-02 10:42:55 -

Experts Predict Smart Motor Market Dynamics Demand Surges
The Smart Motor Market is witnessing a paradigm shift, fueled by advancements in technology and escalating energy efficiency demands. The current market size stands at $17.94 billion in 2024, projected to reach $30.21 billion by 2035, reflecting a robust compound annual growth rate (CAGR) of 4.85%. This growth is underpinned by a transformative integration of Internet of Things (IoT)...

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2026-07-24 10:21:53 -

Permanent Magnet Motor Market to Climb to USD 161.9 Billion by 2036 as Smart Manufacturing and EV Demand Accelerate
The global Permanent Magnet Motor Market is entering a period of accelerated expansion as governments, automotive manufacturers, and industrial enterprises intensify investments in electrification, high-efficiency industrial equipment, and renewable energy infrastructure. According to the latest Fact.MR analysis, the market was valued at USD 55.3 billion in 2025 and is projected to increase...

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