The global AC drives market reached approximately USD 14.67 billion in 2024, driven by infrastructure development, electrification trends, and the need for enhanced motor control and energy efficiency. Adoption is rising across manufacturing, oil and gas, and HVAC sectors, supported by technological advancements and a focus on energy-saving solutions. The market is projected to grow a... https://www.expertmarketresearch.com/reports/ac-drives-market