Wednesday, 1 July 2015

Global Electric Drives Market 2015-2019

An electric drive is a device used to regulate the speed and direction of motors. This is achieved by varying the flow of current through the motor. Drives are classified into two broad categories based on the type of current: AC drives and DC drives. AC drives are used to control AC electric motors, while DC drives are used for DC electric motors. Drives are widely used to regulate and control electrical devices such as fans, conveyors, machine spindles, and pumps. The analysts forecast the global electric drives market to grow at a CAGR of 7.63% over the period 2014-2019....more >>

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