The AC Drives Market Growth has emerged as a key focus for industrial automation and energy-efficient systems globally. AC drives, also known as variable frequency drives (VFDs), are used to control the speed and torque of electric motors by adjusting the frequency and voltage of the power supply. The increasing adoption of automation in industries, coupled with the demand for energy-efficient...
The electric vehicle (EV) motor market is witnessing unprecedented growth, fueled by the global shift toward sustainable mobility and the rising adoption of electric vehicles across regions. Innovations in motor technology, coupled with government initiatives and consumer demand for eco-friendly transportation, are driving significant investments in this sector. The surge in...
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