Excellent Growth of Global Industrial Smart Motors Market Insights, Forecast to 2025
Press Release – 22 Jan 2019 Research and Development News -- . . Latest Update "Global Industrial Smart Motors Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future. ' ' These specialized motors through the integration of Industrial Internet of Things (IIoT)-enabled services offer a superior performance to the end users. The mechanical power transmission capabilities enable and provide huge scope for application of electric motors in numerous industrial activities and processes. Thus, these motors play a crucial role in various tasks such as material handling, pumps, compressors, conveyor systems, automation processes, and controllers. The Industrial Smart Motors market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the ...