The global economic downturn is forecast to create a 23% contraction of unit shipments in the world market for small motors in 2009, according to the new IMS Research report. However, because of the growing importance of the medical sector, which currently accounts for 19% of the market, IMS Research expects a recovery to pre-recession levels of activity by early 2012.
Small motor market
The global economic downturn is forecast to create a 23% contraction of unit shipments
- October 1, 2009
- 70 views
Small motor market
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