“The LV AC drives market is a cornerstone of industry that will be deeply affected by COVID-19. However, drives are poised for positive long-term growth to aid industry in reducing cost and achieving its energy efficiency goals. With the rise in adoption of technologies, like predictive maintenance, and increasing demand in applications, such as intralogistics, we expect the drives market to remain an important and robust industry for years to come.”
We’ve conducted more primary research than any other vendor in the market, and combined it with our own tertiary-level dataset, to bring you the most accurate and detailed segmentation of the LV drives market available. Now in its 3rd edition, our enriched report gives you unparalleled in-depth market analysis and uncovers some really interesting future technology and market trends.