Electric motors and drives and Mechanical power transmission

Their prices have moved together.

Electric motors and drives (energy) and Mechanical power transmission (energy): 1 relationship.

How they are linked

1. Price link: paired equipment

Cost and price · Strong · Both ways

Gearboxes are usually sold with electric motors to drive pumps, conveyors and machinery, and both follow industrial investment. Yearly moves correlate at 0.86 with the motors index, though monthly moves correlate only at 0.27.

• 0.27 monthly change correlation
• 0.86 12-month change correlation
• 1.09 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.