The economic growth that had started in 2010 continued in 2011, although the pace slowed as the year progressed. The automation solutions business remained very robust, with strong demand for energy efficiency solutions in industries, such as mining, oil & gas, and cement, according to a new ARC Advisory Group study. “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,” according to Senior Analyst Himanshu Shah.
Low power AC drives market
driven by need for energy efficiency
- August 29, 2012
- 70 views
Low power AC drives market
