The global electric motor sales market size was valued at USD 153.87 billion in 2021 and is predicted to reach at USD 271.90 billion by 2030, increasing at a CAGR of 6.53% from 2022 to 2030. Electrical energy is transformed into mechanical energy by an electric motor. Among its parts are the rotor, bearing, stator, air pressure, windings and commutator. For more information - https://straitsresearch.com/report/electric-motor-sales-market