The global Oat-based Snacks Market size is expected to register revenue of USD 23.45 billion from 2019 to 2025, according to a new report by Million Insights. Increasing awareness regarding the consumption of healthy food and rapidly changing dietary preference has majorly driven market growth. Oats have high nutritional values including vitamins, antioxidants, and minerals, thereby expected to propel the demand for this product.
Electric AC Motors Market Specifications,
Product Types and Gross Margin Analysis till
“The increasing demand for AC motors-driven engines across the globe is further, boosting the market growth.
Moreover, factors like the demand for industrial machinery and HVAC equipment are expected to accelerate
market demand in the upcoming years.”
The global Electric AC Motors Market size is projected to value at USD 146.6 billion by 2025, according to a new
report published by Million Insights, at a CAGR of 7.3% from 2017 to 2025. These motors are extensively used in fixed
cranes, domestic appliances, compressors, and diesel-electric engines. Their major benefits like efficient operation
and cost-effectiveness in difficult surroundings make them appropriate for different applications. These products are
expected to observe high growth due to their long operating life, low power consumption, and maintenance
The increasing demand for AC motors-driven engines across the globe is further, boosting the market growth.
Moreover, factors like the demand for industrial machinery and HVAC equipment are expected to accelerate market
demand in the upcoming years. AC motors have deployed various technological advancements in recent years,
resulting in imputed demand for these motors.
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The market is expected to observe significant growth from 2017 to 2025 due to rapid industrialization across
developing and developed countries. Furthermore, large-scale use of these products in various industrial
equipment like the electric saw, conveyor belts, fixed cranes, and many more.
The rapidly rising fuel costs and the preference of consumers for cleaner energy sources have boosted the market
growth in the past years. An AC motor serves as the major component of electric motors which is expected to
accelerate product demand. Moreover, the rising awareness relating to envi