North America High Speed Motor Market By End-User Forecast (2017-2024)
The above chart is Global High Speed Motor market [2017-2024] North America by End-User
united states accounted for the larger market share in 2018 in the north america high speed motor market, and is expected to reach usd 1978.98 million in 2024 from usd 1529.50 million in 2018.this market is projected to grow at a cagr of 4.38% during the forecast period from 2019 - 2024. machine tools segment accounted for the largest market share in 2018, this market is expected to reach usd 943.48 million in 2024 from usd 727.96 million in 2018. this market is projected to grow at a cagr of 4.41% during the forecast period from 2019 - 2024. however, pump segment is the fastest growing market, which is expected to grow at a cagr of 4.42% during the forecast period 2019 - 2024. permanent motor segment accounted for the largest market share in 2018, this market is expected to reach usd 1573.94 million in 2024 from usd 1217.80 million in 2018. this market is projected to grow at a cagr of 4.36% during the forecast period from 2019 - 2024. however, induction motor segment is the fastest growing market, which is expected to grow at a cagr of 4.40% during the forecast period 2019 - 2024. industrial segment accounted for the largest market share in 2018, this market is expected to reach usd 1802.99 million in 2024 from usd 1395.18 million in 2018. this market is projected to grow at a cagr of 4.36% during the forecast period from 2019 - 2024. high voltage segment accounted for the larger market share in 2018, this market is expected to reach usd 1721.53 million in 2024 from usd 1328.27 million in 2018. this market is projected to grow at a cagr of 4.41% during the forecast period from 2019 - 2024. however, high voltage segment is the fastest growing market, which is expected to grow at a cagr of 4.41% during the forecast period 2019 - 2024.