Market Insight

Medium voltage drives market headed for steady growth despite softer discrete markets

February 12, 2020  | Subscribers Only

Kevin Schiller Kevin Schiller Senior Analyst, Manufacturing Technology
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Revenue for the medium-voltage drive market grew by almost 3 percent and unit shipments expanded by 6 percent globally in 2019, marking the first time in five years the market has grown by both metrics, according to IHS Markit | Technology, now part of Informa Tech.

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