A drive is an adjustable speed device that regulates the speed and direction of motors; adjustment is done by varying the current flow through motors. Based on the type of current flow, a drive is classified into two: AC drive and DC drive.
An AC drive is used to control AC electric motors, while a DC drive is used to control DC electric motors. AC drives are widely used in process industries to increase the energy efficiency of motors.
Technavio’s analysts forecast the global AC drives market to grow at a CAGR of 7.54% over the period 2015-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the global AC drives market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of AC drives in end-user industries.
Technavio’s report, Global AC Drives Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global AC drives market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Other Prominent Vendors
Beijing Leader & Harvest Electric Technologies
Fuji Electric Holdings
Hiconics Drive Technology
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