Global AC Drives Market is Projected to Reach USD 21.0 Billion by 2020

Date: 2015-10

The global AC drives market is estimated at USD 14.6 billion in 2015 and is projected to reach USD 21.0 billion by 2020, at a CAGR of 7.4% from 2015 to 2020. The market has been classified on the basis of voltage, power rating, application, end-use industry, and region, which has been further divided on the basis of countries.

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