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Ultra-low voltage motors and drives sector rebound in 2025: Interact Analysis
After growing at 0.1 per cent in 2024, the ultra-low voltage (ULV) motors and drives market is set for recovery in 2025, driven by mobile robotics and renewed industrial automation demand.Read more
Global belt drives market to reach $9.1 billion by 2030: Report
V-belt drives segment is projected to record 4.3 per cent CAGR and reach $ 5.3 billion by 2030, according to the ResearchAndMarkets report. Read more
Ultra-low voltage drives market to grow to $3.1 billion by 2027
Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more
Motors industry: Driven by technology
Energy efficient motors are gaining acceptance in India to confront with the global efficiency standards. This increasing awareness towards energy conservation combined with growing industrial infrastructure are driving the growth of the electric motors industry.Read more
