DUBLIN--(BUSINESS WIRE)--The "Motor Repair and Maintenance Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The global motor repair and maintenance market is expected to grow at a CAGR of around 4.3% during 2022-2028. This report on global motor repair and maintenance market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global motor repair and maintenance market by segmenting the market based on type, service, end use and region. Also, detailed profiles of companies operating in the motor repair and maintenance market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Dynamics

Drivers

  • Increasing Number of Passenger Cars
  • Rising Innovation in the Industry

Challenges

  • High Cost of Product

Historical & Forecast Period

  • Base Year: 2021
  • Historical Period: 2017-2021
  • Forecast Period: 2022-2028

Market Segmentation

by Type

  • General Repair
  • Bearing
  • Stator
  • Rotor
  • Others
  • Overhaul

by Service

  • On-site Service
  • Off-site Service

by End Use

  • Utilities (water, electricity and gas)
  • HVAC
  • Food and Beverage
  • Mining
  • Others

by Region

  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • Rest of Middle East & Africa

Companies Mentioned

  • ABB
  • Siemens
  • WEG SA
  • Regal Beloit
  • TECO E&M/TECO-Westinghouse

For more information about this report visit https://www.researchandmarkets.com/r/v8ixvp

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