Sales of ac drives could top $16 billion by 2011

July 26, 2007
Strong demand in the chemical, pharmaceutical, power-generation, water and wastewater industries is spurring growth in the low and high-power ac-drives market.

The global market for high-power ac drives is expected to grow 9.1% annually for the next five years. The market, which hit $4.7 billion last year, could reach $7.4 billion in 2011, according to manufacturing and supply-chain research firm ARC Advisory Group, Dedham, Mass.

The worldwide market for low-power ac drives is expected to grow 7.9% annually over the same period. That market, which was nearly $6.0 billion in 2006, could hit $8.7 billion in 2011 .

ARC Advisory Group reports are available at (high-power ac drives) and (low power).

Sponsored Recommendations

The Digital Thread: End-to-End Data-Driven Manufacturing

May 1, 2024
Creating a Digital Thread by harnessing end-to-end manufacturing data is providing unprecedented opportunities to create efficiencies in the world of manufacturing.

Medical Device Manufacturing and Biocompatible Materials

May 1, 2024
Learn about the critical importance of biocompatible materials in medical device manufacturing, emphasizing the stringent regulations and complex considerations involved in ensuring...

VICIS Case Study

May 1, 2024
The team at VICIS turned to SyBridge and Carbon in order to design and manufacture protective helmet pads, leveraging the digitization and customization expertise of Toolkit3D...

What's Next for Additive Manufacturing?

May 1, 2024
From larger, faster 3D printers to more sustainable materials, discover several of the top additive manufacturing trends for 2023 and beyond.

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!