Global DC Drives Business Strategy Report 2023: Market to Reach $6.1 Billion by 2030 from $4.3 Billion in 2022 - Increasing Industrial Automation Spurs Demand Across a Multitude of Key Industries - ResearchAndMarkets.com
The global market for DC Drives estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
- The global market for DC Drives estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
- The global market for DC drives is undergoing comprehensive analysis, focusing on various geographic regions spanning from 2014 to 2030.
- This analysis evaluates annual sales in US$ thousand for the years 2022 through 2030, with a corresponding examination of historical data from 2014 to 2021.
- Additionally, the report offers a 16-year perspective on value sales, dissecting the percentage breakdown by region for the years 2014, 2023, and 2030.