Market Research Report
Global Electric Drives Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||334053|
|Published||Content info||69 Pages
|Global Electric Drives Market 2017-2021|
|Published: January 5, 2017||Content info: 69 Pages||
Electric drives have become necessary for efficient speed and motion control of electric motors. The electric drives are primarily categorized into two types: AC and DC. The current market trends are favorable for AC drives because AC motors are more energy efficient than DC motors and do not have unreliable commutators. So, while the market growth of DC drives remained almost flat in recent years, the market for AC drives is expected to see linear growth.
Technavio's analysts forecast the global electric drives market to grow at a CAGR of 4.52% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global electric drives market for 2017-2021. To calculate the market size, the report considers the revenue generated by top vendors in electric drives market along with their market share.
The market is divided into the following segments based on geography:
Technavio's report, Global Electric Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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