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Research and Markets: Global Electric Drives Market 2015-2019 With ABB, Danfoss Siemens Dominating

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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cw8wf5/global_electric) has announced the addition of the "Global Electric Drives Market 2015-2019" report to their offering. The global electric drives market to grow at a CAGR of 7.63% over the period 2014-2019. An electric drive is a device used to regulate the speed and direction of motors. This is achieved by varying the flow of current through the motor. Drives are classified into two broad categorie

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