Energy Efficient Motor Market Size Projected to Grow $59.3 Billion by 2028 | MarketsandMarkets™ [Yahoo! Finance]
Regal Rexnord Corporation (RRX)
Company Research
Source: Yahoo! Finance
59.3 billion by 2028, at a CAGR of 7.3% according to a new report by MarketsandMarkets™. An energy efficient motor is a type of electric motor that gives greater output compared to a standard motor at lesser power consumption. Energy efficient motors use improved materials, more efficient manufacturing processes, and advanced technologies such as variable speed drives. These motors help in achieving significant energy savings, reducing greenhouse gas emissions, and lowering operating costs over the lifetime of the motor. Implementation of energy-efficient motors can lower the energy consumption significantly. The operations of devices enabled with energy-efficient motors lead to the lesser production of greenhouse gases. The adoption of these motors in various equipment reduces the operation costs and improves industrial operations in terms of energy efficiency. These factors help reduce the life cycle costs for energy-efficient motors as compared to traditional electric motors, dri
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News
- Explosion-proof Motor Market Value Projected to Reach US$ 5,540.8 Million by 2034: Amid Booming Oil and Gas Sector Worldwide | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Regal Rexnord Corporation to Host First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Regal Rexnord Corporation to Host First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024PR Newswire
- Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.PR Newswire
- Brushless DC Motor (BLDC) Market To Reach USD 23.4 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
RRX
Earnings
- 2/7/24 - Beat
RRX
Sec Filings
- 4/24/24 - Form 8-K
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- RRX's page on the SEC website