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CIS Market , finds that the market earned revenues of $472.5 million in 2011 and estimates this to reach $652.1 million in 2016. The research covers Alternative Current (AC), Direct Current (DC) and Servo Drives. AC drives are the largest product
The food and beverage (F&B) industry has been a major end-user of electric drives in Europe. The economic slowdown had however an adverse impact on most industries, including the F&B one, impacting on the demand for electric drives.