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On 26 July Wuxi Sunshine Precision Machinery Enterprises cited a motor market research report published by QYResearch in its prospectus

240801-163309.webp (138 KB)

According to QYResearch market research report, it is expected that the global motor market size will reach $207.2 billion in 2027, with a high compound annual growth rate (CAGR) of 6.79% during the forecast period; it is expected that China's motor market size will grow to $61.7 billion in 2026, with a high compound annual growth rate (CAGR) of 8.83% during the forecast period.

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