Precision Electric Motors Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020
51 Page Report
Precision Electric Motors (Brushless) Market is Expected to Reach
USD 52.22 billion in 2020:Transparency Market Research
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Precision Electric Motors Market
Precision Electric Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020
According to a new market report published by Transparency Market Research “Precision Electric Motors
(Brushless) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,”
global precision electric motors (brushless) market was valued at USD 22.69 billion in 2013; growing at a
CAGR of 12.7% from 2014 to 2020 to account for USD 52.22 billion in 2020.
Browse Report with Full TOC at Precision Electric Motors Market
Precision electric motors are high performance electric motors having characteristics such as increased
shelf life, reduced noise, and reduced energy cost. Moreover, the precision electric motors (brushless)
offers easy installation and no maintenance cost. The need for energy efficient motors is escalating
globally owing to the introduction of stringent electricity utilization standards and mounting electricity
prices. In addition, intensifying production of motor vehicles, defense and aerospace equipment and home
appliances and other electric motor driven systems are increasing the demand for precision electric motors
(brushless) globally. However, high initial purchase cost and deterioration of position control...