DC Drives Market Worth 2.3 Billion USD by 2020
DC Drives market is estimated at USD 2.1 Billion in 2015, and is projected to reach USD 2.3 Billion by 2020. At a CAGR of 2.5% from 2015 to 2020. Increasing demand for electricity along with rising electricity costs has raised a need for energy efficient systems and equipment. Motor systems are one of the most power consuming equipment in an industry. DC drives help achieve energy efficiency and reduce operational costs by regulating the speed of the motor and...
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