According to TechSci Research the Global Automotive Axial Flux Motor Market was worth USD 108 million in 2021 and is expected to grow at a CAGR of 29.80% by 2027. This is because axial flux motors, which have higher power efficiency, a compact size, and a high torque specification, have the potential to replace radial motors. Unlike radial motors, axial flux motors have a distinct geometry with magnetic flux direction parallel to the motor rotation axis. These motors use the same electrical comp
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