Freedonia In The News

Article Title: April 8, 2013: Demand for Electric Motors to Exceed $14 Billion by 201
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Publication: ACHR News , 4/8/2013
Freedonia Study: Electric Motors (3007)

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CLEVELAND — Demand in the United States for electric motors is expected to increase 4.6 percent annually through 2017 to $14.4 billion, accelerating from the pace of the 2007-2012 period, when nearly every major market for these devices struggled. Electric motors are key components in many durable goods including HVAC equipment; as manufacturing output rises, sales of electric motors will follow. These and other trends are presented in “Electric Motors,” a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm
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