New ARC Advisory Group market research on Medium Voltage AC Drives in India reveals that industrial operations today recognize the way manufacturing is being transformed as digitalization and connectivity transform machines and factories worldwide. While digital transformation is picking up speed and is a catalyst for long-term competitive advantage for end users, this digital technology creates new business opportunities and better services for medium voltage AC drives suppliers.
“Digitalization offers numerous benefits to industrial operations. Digitalizing the assets and use of cloud-based architecture with predictive analytics enable end users to monitor the health and performance of assets and to predict equipment failures before they happen. Digitalization also helps create a path for the transition toward more connected and smarter systems to drive increased end user value,” according to Rajkumar Paira, Senior Analyst at ARC Advisory Group and key author of ARC’s Medium Voltage AC Drives Market Research for India 2017-2022 study.
About the Medium Voltage AC Drives Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year regional forecasts for the medium voltage AC drives market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, drive type, and revenue category.
This new research is available as a Comprehensive Market Research Study (PDF). It provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.