The global market for AC electric motors in the oil and gas industry has seen remarkable growth over recent years. In 2024, the market value reached an impressive USD 13.2 billion, and it is projected to continue expanding at a steady compound annual growth rate (CAGR) of 4.7% during the forecast period of 2025 to 2033. By 2033, the market is expected to attain a value of USD 20.02 bi... https://www.vevioz.com/read-blog/261702_ac-electric-motor-sales-in-oil-and-gas-market-size-share-amp-analysis-growth-rep.html