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AC Drives Market by Voltage (Low, Medium), by Power Rating (Up to 40 kW, 40.1–200 kW, Above 200 kW), by Application (Compressors, Fans, Pumps, Conveyors, Extruders), by End-User Industry (Oil & Gas, Power Generation, Building Automation, Food & Beverages, Water & Wastewater, Metals & Mining, Chemicals & Petrochemicals), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, Japan, China, India, Brazil, Mexico, Saudi Arabia, U.A.E., South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast to 2024