Asia-Pacific is Expected to Dominate the Low Voltage DC Drives Market During the Forecast Period - PowerPoint PPT Presentation

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Asia-Pacific is Expected to Dominate the Low Voltage DC Drives Market During the Forecast Period

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Top market players from the industry have been studied in order to track developments, technologies, and other key business strategies that define the market environment. A DC drive is an electrical device used to regulate the speed of a DC motor by controlling the input voltage and/or amperage to the DC motor. It also rectifies the AC power input into DC feed for the motors. Its primary advantages are increased energy savings and reduced motor wear. The global DC Drives Market will grow from an estimated value of USD 2.1 Billion in 2015 to around USD 2.3 Billion by 2020 with a CAGR of 2.5% from 2015 to 2020. – PowerPoint PPT presentation

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