LV AC drives sales hit $14bn in 2023, but growth is slowing
More than 20 million low-voltage AC drives, worth more than $14bn, were shipped globally during 2023 as the market continued to expand, new data from… Read More
More than 20 million low-voltage AC drives, worth more than $14bn, were shipped globally during 2023 as the market continued to expand, new data from… Read More
The Association of Electrical and Mechanical Trades (AEMT) has published a free guide to help industrial motor users to calculate the total cost of ownership… 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
Nearly six out of ten UK manufacturers (58%) now fear that soaring energy prices are threatening their businesses – up from 8% just four months… Read More
UPDATED: The average global price of low-voltage AC motors soared by 14% during 2021, compared to 2020 levels, and could rise by a further 8.5%… 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
UPDATED: Schneider Electric has denied a suggestion by a US financial analyst that it is looking to buy Rockwell Automation in a deal that could… Read More
At next month’s SPS IPC Drives show in Germany, Siemens will be unveiling significant additions to its Simatic family of industrial controls, including failsafe versions… Read More
Schneider Electric has introduced a fixed-price repair service for variable speed drives (VSDs) in the UK, offering users a choice of standard, express or “no… Read More
The global market for industrial operator terminals was worth $2.32bn in 2013, and will rise to around $3.16bn by 2018, according to a new report… Read More