The global orthopedic power tools market was valued at USD 1.85 billion in 2023 and is expected to reach USD 2.90 billion by 2030, growing at a 6.8% CAGR between 2024–2030. Growth is being driven by rising orthopedic surgeries, enhanced tool innovation, and global healthcare investments.
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The global automotive electric motors for EV market, valued at USD 66.6 billion in 2022, is projected to skyrocket to USD 791.4 billion by 2030, supported by a remarkable 31.5% compound annual growth rate (CAGR). The growth is driven by accelerating EV sales, stringent emissions regulations, and continuous innovation in motor technology.
Electric motors are essential to vehicle electrification,...
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