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 www.arcweb.com/res/achi (high-power ac drives) and www.arcweb.com/res/aclo (low power).

Sponsored Recommendations

April 16, 2025
Clean. Compact. Less heat.
April 16, 2025
SEW-EURODRIVE Introduces DR2C motor, IE5 Ultra-Premium Efficiency Motor
March 31, 2025
Unlike passive products - made of simple carbon springs - the bionic prostheses developed by Revival Bionics are propulsive, equipped with a motor and an artificial Achilles tendon...
March 31, 2025
Electric drives are a key technology for the performance of machines, robots, and power tools. Download this guide for an introduction to high-quality mechatronic drive systems...

Voice your opinion!

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