Researchers Predict Strong Growth for AC Drives Market in the Near Future
The alternate current (AC) drive is an electronic device used for controlling the speed of an electric motor by varying the voltage, frequency, and magnetic flux in a motor circuit. It helps in saving energy, enhances efficiency of the system, and reduces motor wear. Moreover, its ease of use, less maintenance, and increasing motor applications across the globe is also boosting the demand for AC drives....
DC Drives Market Growing due to Rapid Urbanization and Industrialization
DC drives are electric devices used in DC motors for regulating its speed by controlling the input voltage or amperage or both to the DC since they tend to consume a huge chunk of power that is supplied to industries, thereby adding to the operational costs. It helps in reducing operational costs by reducing the energy consumption, thus increasing the service life of the motor. With increasing focus...