Blake Griffin

Interact Analysis have recently released the Low Voltage AC Motor Report and Low Voltage AC Motor Drive reports. The below infographic combines both of these reports and demonstrates some of the key findings. The infographic is also available to download in PDF here -Low Voltage AC Motor revenues were up 21% in 2021 due to historic price increases across the market. By the end of 2021, the market was valued at an estimated $14.6bn.

The war that Russia has waged on the Ukraine has rocked global commodity markets. While oil & gas supply disruption and the resulting increase in price continue to dominate headlines, there are a number of other key materials exported by Russia and Ukraine which have been equally disrupted. The disruption of many of these materials will have both direct and indirect impacts on costs associated with producing a motor or drive.