Home Rolando Campos Senior Analyst, IHS Motion Oil and Gas Industry's Effect on Variable Frequency Drives Global oil and gas operating and capital expenditures have grown significantly from 2009-2013. Though these spending rates are expected to be lower moving forward, the demand for industrial automation is expected to remain strong. Here's why. Motion Mixed Picture for Medium-Voltage Drives Some industries and geographies are seeing considerable growth in MV drives, while others face decline. But expect 2014 to shift toward equilibrium.
