North America Hazardous Location Motors Market - Growth, Trends, Covid-19 Impact, and Forecast(2022 - 2027)
The North America Hazardous Location Motors Market is expected to register a CAGR of 5.1% during the forecast period (2021-2026). The strict rules & regulations regarding hazardous areas and safety in the workplace, defined in the NEC articles in the USA, have rendered significant impetus to the growth of the hazardous location motors market in the North American region.
Key HighlightsThe North America Hazardous Location Motors market is moderately competitive with significant players like Brook Crompton, Stainless Motors, Inc., Dietz Electric Co., Inc., Emerson Electric Co., WEG Industries, etc. The players in the market must focus on technological innovations and strategic collaborations to expand their market share.
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