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Stock impact report

Europe Direct Current (DC) Motor Industry Research 2024: A $13.79 Billion Market by 2033 - Rising Emphasis on Energy-Efficient Motors, Manufacturing Boom in Emerging Economies [Yahoo! Fina...

AMETEK, Inc. (AME) 
Last ametek, inc. earnings: 2/5 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Application, Functionality, Motor Type, Operating Voltage, Drive Type, Phase, and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering. The Europe DC motor market is projected to reach $13.79 billion by 2033 from $6.07 billion in 2023, growing at a CAGR of 8.56% during the forecast period 2023-2033 The market is currently growing and is expected to continue to do so. Market players are investing in research, product launches, and partnerships to grow their customer base and market share. The market is expected to grow significantly due to increased demand for electric vehicles, consumer electronics, and power tool solutions. The demand for higher energy efficiency, as well as high-performance brushless DC motors, is driving the growth of this market. The precise control of DC motors and reliability make it an excellent choice for a variety of applications, including automotive, consumer electronics, and power tools, among others. Show less Read more
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