Valued at USD 19.10 billion in 2024, the electric AC motors market is projected to reach USD 19.96 billion in 2025 and USD 29.92 billion by 2034, growing at a CAGR of 4.6% during the forecast period 2025–2034, according to Polaris Market Research. Application trends show where demand is concentrating, and the report points to electrified transport, building systems, and clean energy...