Crane Motors Market Poised for Transformational Growth as Technological Advancements and Renewable Energy Drive Demand | Future Market Insights, Inc. [Yahoo! Finance]
Regal Rexnord Corporation (RRX)
Company Research
Source: Yahoo! Finance
Demand is driven by expanding manufacturing and renewable energy sectors requiring advanced material handling solutions. NEWARK, DE / ACCESSWIRE / December 11, 2024 / The global crane motors market is experiencing remarkable growth, driven by the increasing adoption of cranes in diverse industries such as manufacturing, renewable energy, construction, and mining. As a critical component in cranes, crane motors are essential for material handling, assembly, and heavy-duty lifting. The expanding manufacturing sector, coupled with a surge in renewable energy projects, is propelling the demand for advanced crane motor solutions. The global market size for crane motors was valued at USD 30 billion in 2023 and is projected to reach USD 60 billion by 2033, growing at a CAGR of over the forecast period. This growth is fueled by the rising demand for efficient and durable crane motors that can meet the operational challenges of modern industries. Advancements in crane motor technology, i
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News
- Are Investors Undervaluing Regal Rexnord Corporation (NYSE:RRX) By 38%? [Yahoo! Finance]Yahoo! Finance
- Regal Rexnord Co. (NYSE: RRX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $191.00 to $213.00. They now have a "buy" rating on the stock.MarketBeat
- Regal Rexnord Co. (NYSE: RRX) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $215.00 price target on the stock.MarketBeat
- Regal Rexnord Corporation (RRX) Rose 23% Despite Mixed Results [Yahoo! Finance]Yahoo! Finance
- Engineered Components and Systems Stocks Q3 Teardown: Regal Rexnord (NYSE:RRX) Vs The Rest [Yahoo! Finance]Yahoo! Finance
RRX
Earnings
- 11/4/24 - Miss
RRX
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- RRX's page on the SEC website