Electric Drives Market 2025-2034: Growth, Trends, and Future Outlook

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2025-01-07 11:33:47

The global electric drives market size is expected to experience steady growth over the forecast period of 2025-2034, with a compound annual growth rate (CAGR) of 4.50%. Electric drives, which are essential components for controlling the speed, torque, and direction of electric motors, are increasingly being adopted across industries due to their efficiency, precision, and ability to...

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