AC Electric Motor Sales in Oil & Gas Market - Global Trends and Analysis to 2023 - PowerPoint PPT Presentation

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AC Electric Motor Sales in Oil & Gas Market - Global Trends and Analysis to 2023

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The AC Electric motor sales in oil & gas industry market is projected to reach USD 13.2 Billion by 2023. The AC Electric Motor Sales in Oil & Gas market is expected to grow from an estimated USD 10.5 billion in 2018 to USD 13.2 billion by 2023, at a CAGR of 4.62%. Increasing use of ROVs and AUVs and new discoveries of oil & gas reserves are likely to drive the AC Electric Motor market. – PowerPoint PPT presentation

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