AC Drives Market- Industry Research Report Growth Analysis till 2017 and Forecast Analysis to 2022
Key drivers for this market are rapid industrialization and urbanization, rising need for energy efficiency, and regulations conducive to the maintenance of energy efficient operations. Burgeoning demand in the automotive aftermarket and automation of remote facilities using Industrial Internet of Things (IIoT) will open new avenues for this market share on the forecast horizon.
Content
Key drivers for this market are rapid industrialization and urbanization, rising need for energy efficiency, and regulations conducive to the maintenance of energy efficient operations. Burgeoning demand in the automotive aftermarket and automation of remote facilities using Industrial Internet of Things (IIoT) will open new avenues for this market share on the forecast horizon.
