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Global Synchronous Motors Market Size, Share, Analysis, 2030 | #global Synchronous Motors Market

Global Synchronous Motors Market Size, Share, Analysis, 2030

Global Synchronous Motors Market Size, Share, Analysis, 2030

The size of the global market for synchronous motors was estimated to be $21.5 billion in 2022 and is expected to reach $31.5 billion by the end of 2030 with a CAGR of roughly 4.1% between 2023 and 2030. In 2022, the market was valued at $21.5 billion.