High-torque Synchronous Motor Market: Key Developments Advancing Motor Technology
The global high-torque synchronous motor market was valued at USD 2.29 billion in 2024 and is projected to reach USD 2.47 billion in 2025 and USD 4.99 billion by 2034, advancing at a CAGR of 8.10% during the forecast period 2025–2034. Competitive participants include ABB, Emerson Electric Co., GE Vernova, Hansen Corporation, HD Hyundai Electric Co., Ltd., Kinetics Industries, Mark...
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