Global Motors and Drives Market in Process Industries to Grow at a CAGR of 7% During 2016-2020
Globalization has encouraged the use of advanced automation techniques and energy-saving equipment worldwide, leading to increased adoption of low-power AC drives and motors. These drives and motors are used across the discrete, process, and infrastructure industries such as chemical, oil and gas, building automation, food and beverage, textile, utility, metal, and water and wastewater.
View full press release