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-0.00139678105456969 -0.00257134694136695 -0.00150788863845581 -0.00273007206120427 0.00212691660582209 0.00314275737278185 0.00838068632741831 0.0122853242754198
Stock impact report

Global Medium Voltage Drives Market Forecast 2024-2030: Increasing Demand for Precision Power Transmission Across Mining and Oil & Gas Operations [Yahoo! Finance]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
kV, Above 7.2 kV, Up to 3.3 kV), Distribution Channel, Application, End-use, and Region - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Global Medium Voltage Drives Market was estimated at USD 13.04 billion in 2023, USD 13.69 billion in 2024, and is projected to reach USD 18.52 billion by 2030, showcasing a CAGR of 5.14% over the forecast period. Various factors are influencing the landscape of Medium Voltage Drives (MVDs). Drivers such as the growing emphasis on energy conservation and efficiency across industries, alongside the increasing demand for precision power transmission in sectors like mining and oil & gas operations, propel market growth. However, there are restraints to consider, including the high costs associated with research, development, and manufacturing of MVDs. Opportunities emerge amidst these dynamics, driven by the global push towards renewable energy and the need for efficient energy distribution systems, as well as t Show less Read more
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