Traction motors are predicted to be the fastest-growing segment in the next five years, driven by the spurt in demand for electric vehicles Frost & Sullivan’s recent analysis of the market for electric motors in North America forecasts that sector revenues will witness steady growth between 2019 and 2024, increasing at a CAGR of 3.5% from $7.2 billion to $8.5 billion. The transition from engines, […]
The post Increasing industrial automation fuels growth opportunities for electric motors in North America appeared first on Fleet News Daily.
from Fleet News Daily https://ift.tt/3avZ4MO
Sourced by Quik DMV - CADMV fleet registration services. Renew your registration online in only 10 minutes. No DMV visits, no lines, no phone mazes, and no appointments needed. Visit Quik, Click, Pay & Print your registration from home or any local print shop.
0 comments:
Post a Comment