The global AC drives market is estimated to expand at 7.05% CAGR during the forecast period.

AC drives are used to control the speed of an electric motor that are used in the electrical products. The speed of the motor is controlled by changing its frequency while the current is passed through the motor. AC drives are primarily used in pumps, conveyors and compressors. They are also used in oil & gas, power generation, food & beverage, metals & mining, water & ... Read more

AC Drives Market Highlights

The global AC drives market is estimated to expand at 7.05% CAGR during the forecast period.

AC drives are used to control the speed of an electric motor that are used in the electrical products. The speed of the motor is controlled by changing its frequency while the current is passed through the motor. AC drives are primarily used in pumps, conveyors and compressors. They are also used in oil & gas, power generation, food ... Read more

AC Drives Market Scenario:

AC drives are used primarily for controlling the speed level of an electric motor that is used in electrical products. The motor speed is controlled and regulated by changing the frequency level of the electricity passing through the motor. Some of the major advantages of ac drives are reverse operation, energy saving, and elimination of mechanical components so as to curb down the maintenance cost. The global AC drives market is expected ... Read more