Oil & Gas Sector Propels Expected Growth of US Explosion-Proof Motor Market to US$810.8 Million by 2034
Newark, Delaware – The explosion-proof motor market in the United States is poised for substantial growth, with a projected compound annual growth rate (CAGR) of around 2.7% by 2034. The market is expected to reach a total valuation of US$ 810.8 million in the country. The global explosion-proof motor market is forecasted to increase from US$ 3,602.2 million in 2024 to US$ 5,540.8 million by 2034, with a projected CAGR of 4.4%. This growth is …