AC Drives Market size was valued US$ 20.02 Bn in 2021 and the total revenue is expected to grow at 6.85 % through 2022 to 2029, reaching US$ 34.02 Bn. The report has covered Country Market trends with a competitive landscape.
AC Drives Market Scope
The study provides a thorough analysis of the AC Drives market taking into account all the key factors including segments, national and regional differences. At the local, regional, and international levels, market demand study, pricing analysis, and competitive structure are all conducted to better understand the penetration of the AC Drives market. For the purpose of conducting a competitive study of the AC Drives market, major leading firms are identified by region, along with information about their revenue, financial condition, portfolio, developments, mergers and acquisitions, and strategic alliances. The Bottom-up approach was used to validate estimations for the AC Drives market's overall size, volume, and numerous segmentations.
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AC Drives Market size was valued at US$ 10.39 Bn. in 2021 and the total revenue is expected to grow at 7.5 % through 2021 to 2029, reaching nearly US$ 18.53 Bn.
AC Drives Market Overview
The total global market for "AC Drives Market" was USD AC Drives Bn in 2021, according to Maximize Market Research, a global business research and consultancy firm, and is forecast to increase at a CAGR of AC Drives percent over the forecast period to reach USD AC Drives Bn by 2029. The market for AC Drives is anticipated to increase as a result of innovative technology.
Segmentation
by Voltage
• Low
• Medium
by Power Rating
• Low
• Medium
• High
by Application
• Pumps
• Fans
• Extruders
• Conveyors
by End-Use
• Oil and Gas
• Metals and Mixing
• Food and Beverages
• Power Generation
Key Players
• ABB (Switzerland)
• Siemens (Germany)
• Danfoss Group (Denmark)
• Schneider Electric (France)
• Rockwell Automation, Inc.(U.S)
• Mitsubishi Electric Corporation (Japan)
• Yaskawa Electric Corporation (Japan)
• WEG (Brazil)
• Toshiba International Corporation
• Hiconics Drive Technology Co. Ltd
• Hitachi Ltd.
• Parker Hannifin Co.
• Delta Electronics, Inc.
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Regional Analysis
Geographically, the report is divided into several important nations, covering North America, Europe, the UK, Germany, France, and Spain, as well as the rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, Asian Countries, and the rest of APAC. South America, Brazil, as well as the Middle East and Africa, are also covered. Market research improves its perspective and comprehension of the AC Drives market and target audience in order to stay ahead of the competition.
Key Questions answered in the AC Drives Market Report are:
Key offerings:
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: AC Drives Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
5. Supply Side and Demand Side Indicators
6. AC Drives Market Analysis and Forecast
7. AC Drives Market Analysis and Forecast, by Voltage
7.1. Introduction and Definition
7.2. Key Findings
7.3. AC Drives Market Value Share Analysis, by Voltage
7.4. AC Drives Market Size (US$ Mn) Forecast, by Voltage
7.5. AC Drives Market Analysis, by Voltage
7.6. AC Drives Market Attractiveness Analysis, by Voltage
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 16, 2023