According to Custom Market Insights (CMI), The Global Electric Motor Market size was estimated at USD 165 billion in 2021... moreAccording to Custom Market Insights (CMI), The Global Electric Motor Market size was estimated at USD 165 billion in 2021 and is expected to reach USD 182 billion in 2022 and is anticipated to reach around USD 322 billion by 2030, growing at a CAGR of roughly 7% between 2022 and 2030.