The drives industry -- which includes high-growth markets, such as alternating current (AC) and direct current (DC) -- is anticipated to cash in on crucial breakthroughs in near future. Our experts predict that energy efficiency regulations, increasing need for energy optimization, and rising industrialization and urbanization will boost the growth of the AC drives market. Growing on similar lines, we predict the DC drives market to witness handsome demand due to various benefits, such as the optimization of power consumption, reduction in operational costs, and energy efficiency.
Drives Market Research Reports
Apr, 2015 | 80 pages
This market research study analyzes the powertrain market on a global level and provides estimates in terms of revenue (USD billion) from 2014 to 2020. It gives a comprehensive overview of the powertrain industry from all the important aspects of the market. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period.