The global AC drives market, valued at USD 14.67 billion in 2024, is witnessing strong growth driven by the rapid infrastructure development and the growing shift towards electrification. AC drives are essential in enhancing motor control, improving energy efficiency, and supporting the move towards more sustainable energy use. The market is expected to grow at a CAGR of 4.90% during ... https://www.expertmarketresearch.com/reports/ac-drives-market