Electronic motor drive market expected to grow

The worldwide electronic motor drives (EMDs) market is projected to increase at compound annual growth rate of 8.8% per year from $12.5 billion 2000 to $19.1 billion in 2005, according to a study by Drives Research Corp. The reports adds that emerging applications and infrastructure investments by users in industrial, transportation, and utilities in developing countries, as well as renewal of utility infrastructures in developed nations, will promote global EMDs growth. For more information e-mail info@drivesresearch.com

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