World demand to rise 6.5% annually through 2017World demand for electric motors is projected to increase 6.5 percent per year to $122.5 billion in 2017. Electric motors are key components in many durable goods, and as manufacturing output rises, sales of electric motors will follow. In mature motor markets such as Japan, the US, and Western Europe, growth in demand will be driven by rebounding motor vehicle production in these areas as a whole and a healthier fixed investment environment. In nations where electric motor markets are still developing, sales will be fueled by rapidly increasing durable goods manufacturing output and the improving ability of the average consume...
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