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Manufacturing
Global Electric Drives Facts and Figures
The global electric drives market is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2029, reaching a value of USD 14,159.2 million in 2029. The market is categorized by product type, including AC drives, DC drives, and servo…
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Manufacturing
Middle East and Africa (MEA) Electric Drives Facts and Figures
The Middle East and Africa (MEA) electric drives market is projected to grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2029, reaching a value of USD 375.4 million in 2029. The MEA electric drives market is categorized by product type,…
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Manufacturing
Latin America Electric Drives Facts and Figures
The Latin America electric drives market is projected to grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2029, reaching a value of USD 544.8 million in 2029. The Latin America electric drives market is categorized by product type, including AC…
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Manufacturing
Asia Pacific Electric Drives Facts and Figures
It is anticipated that the Asia Pacific electric drives market will witness a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029, reaching a value of USD 5,267.1 million in 2029. The Asia Pacific electric drives market is categorized by product type into…
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Manufacturing
Europe Electric Drives Facts and Figures
It is projected that the European electric drives market will experience a compound annual growth rate (CAGR) of 2.7% in value terms during the forecast period, leading to an estimated value of USD 4,088.5 million by the year 2029. The European electric drives market is…
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Manufacturing
North America Electric Drives Facts and Figures
It is projected that the North American electric drives market will experience a compound annual growth rate (CAGR) of 3.2% in value terms over the forecast period, resulting in an estimated value of USD 3,883.4 million by 2029. The market is segmented by product type…