LV AC motor sales likely to decline further in 2024
Growth in the global market for low-voltage AC motors market slowed from 16.4% in 2022 to 4.2% in 2023, and will fall back even further… Read More
Growth in the global market for low-voltage AC motors market slowed from 16.4% in 2022 to 4.2% in 2023, and will fall back even further… Read More
Updated research by Interact Analysis indicates that the current economic turbulence will continue to have a dampening effect on the global manufacturing industry. Just three… Read More
Global semiconductor shortages continued to place strains on the low-voltage variable-speed drives market during 2022, affecting sales and pushing up prices of power modules to… Read More
The global market for motion controls – including servomotors, drives and controls – expanded by 21.6% during 2021 and will grow by a further 9.1%… Read More
Global sales of low-voltage AC drives fell by about 8.9% during 2020, with the EMEA region being hit hardest with sales plummeting by 17.8%, according… Read More