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Last updateSun, 04 Feb 2024 4am

Need for Energy Efficiency Will Continue to Spur Low Power AC Drives Market Growth

Capital investments for low power AC drives are expected to grow as they save energy and raise productivity by offering more precise speed control and providing a quick ROI. “Low power AC drives are a key product for improving energy efficiency as well as sustainability in the manufacturing, infrastructure, and building automation sectors. This will create significant growth opportunities for the low power AC drives market and its suppliers over the next five year forecast period. These factors make the use of low power AC drives easier to justify even during uncertain economic periods,” according to Senior Analyst Himanshu Shah, the principal author of ARC’s “Low Power AC Drives Worldwide Outlook”.

For details click 'Need for Energy Efficiency Will Continue to Spur Low Power AC Drives Market Growth'

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