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Sales of ac drives could top $16 billion by 2011.(IN THE NEWS)(Report)(Brief article)
From:
Machine Design
| Date:
July 26, 2007
| COPYRIGHT 2007 Penton Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Strong demand in the chemical, pharmaceutical, power-generation, water and wastewater industries is spurring growth in the low and high-power ac-drives market.
The global market for high-power ac drives is expected to grow 9.1% annually for the next five years. The market, which hit $4.7 billion last year, could reach $7.4 billion in 2011, according to manufacturing and ...
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