The global demand for AC Drives Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
An ac drive is an electronic device used to control the speed of an electric motor. The pace is controlled by altering the frequency of the electrical supply to the motor. It is suitable for controlling the torque, speed, horsepower, and direction of an AC motor. The AC driver can switch the inverter as per the requirement of the load. The major components of the AC drive are ac motor, motor control section, and operator interface. AC drive uses have augmented radically in HVAC (heating, ventilation, and air conditioning) applications. The AC drives are usually applied to air handlers, chillers pumps, and tower fans.
Market Dynamics
The growing urbanization & high rate of industrialization worldwide is the primary factor driving the AC drives market over the forecast time frame. The increasing advances in technology have made the size, price, reliability, and performance of AC drive very appealing in industrial variable speed, thus creating more demand for the AC drives. Also, the rising need for energy optimizations in different industrial processes is positively impacting the growth of the AC drives the market. Moreover, the increasing applications in the industrial internet of things (IIoT) are likely to provide profitable growth opportunities for key players of the AC drives market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of AC drives.
Market Segmentation
This section of the AC drives market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Voltage
- Low Voltage
- Medium Voltage
By Application
- Pumps
- Fans
- Compressors
- Conveyors
- Extruders
- Other Applications
By End-Use Industry
- Oil & Gas
- Power Generation
- Water & Wastewater
- Building Automation
- Food & Beverage
- Metals & Mining
- Chemicals & Petrochemicals
- Other Industries
By Power Rating (kW)
- Low Power Drives
- Medium Power Drives
- High Power Drives
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for AC drives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global AC Drives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the AC drives market include ABB LTD., Danfoss Group, Mitsubishi Electrical Co., Schneider Electric Co., Siemens Ag Fuji Electric Co. Ltd., Emerson Electric Co., Hiconics Drive Technology Co. Ltd., Hitachi Ltd., Parker Hannifin Co., Rockwell Automation Inc., Yaskawa Electric Corporation, WEG. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . AC DRIVES – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Voltage
3.7.2 By Application
3.7.3 By End-Use Industry
3.7.4 By Power Rating (kW)
3.7.5 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL AC DRIVES MARKET ANALYSIS BY VOLTAGE
6.1 Overview by Voltage
6.2 Historical and Forecast Data
6.3 Analysis by Voltage
6.4 Low Voltage Market by Regions
6.6 Medium Voltage Market by Regions
7 . GLOBAL AC DRIVES MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Pumps Market by Regions
7.5 Fans Market by Regions
7.6 Compressors Market by Regions
7.7 Conveyors Market by Regions
7.8 Extruders Market by Regions
7.9 Other Applications Market by Regions
8 . GLOBAL AC DRIVES MARKET ANALYSIS BY END-USE INDUSTRY
8.1 Overview by End-Use Industry
8.2 Historical and Forecast Data
8.3 Analysis by End-Use Industry
8.4 Oil & Gas Market by Regions
8.5 Power Generation Market by Regions
8.6 Water & Wastewater Market by Regions
8.7 Building Automation Market by Regions
8.8 Food & Beverage Market by Regions
8.9 Metals & Mining Market by Regions
8.10. Chemicals & Petrochemicals Market by Regions
8.11 Other Industries Market by Regions
9 . GLOBAL AC DRIVES MARKET ANALYSIS BY POWER RATING (KW)
9.1 Overview by Power Rating (kW)
9.2 Historical and Forecast Data
9.3 Analysis by Power Rating (kW)
9.4 Low Power Drives Market by Regions
9.5 Medium Power Drives Market by Regions
9.6 High Power Drives Market by Regions
10 . GLOBAL AC DRIVES MARKET ANALYSIS BY GEOGRAPHY
10.1. Regional Outlook
10.2. Introduction
10.3. North America
10.3.1. Overview, Historic and Forecast Data
10.3.2. North America By Segment
10.3.3. North America By Country
10.3.4. United State
10.3.5. Canada
10.3.6. Mexico
10.4. Europe
10.4.1. Overview, Historic and Forecast Data
10.4.2. Europe by Segment
10.4.3. Europe by Country
10.4.4. United Kingdom
10.4.5. France
10.4.6. Germany
10.4.7. Italy
10.4.8. Russia
10.4.9. Rest Of Europe
10.5. Asia Pacific
10.5.1. Overview, Historic and Forecast Data
10.5.2. Asia Pacific by Segment
10.5.3. Asia Pacific by Country
10.5.4. China
10.5.5. India
10.5.6. Japan
10.5.7. South Korea
10.5.8. Australia
10.5.9. Rest Of Asia Pacific
10.6. Latin America
10.6.1. Overview, Historic and Forecast Data
10.6.2. Latin America by Segment
10.6.3. Latin America by Country
10.6.4. Brazil
10.6.5. Argentina
10.6.6. Peru
10.6.7. Chile
10.6.8. Rest of Latin America
10.7. Middle East & Africa
10.7.1. Overview, Historic and Forecast Data
10.7.2. Middle East & Africa by Segment
10.7.3. Middle East & Africa by Country
10.7.4. Saudi Arabia
10.7.5. UAE
10.7.6. Israel
10.7.7. South Africa
10.7.8. Rest Of Middle East And Africa
11 . COMPETITIVE LANDSCAPE OF THE AC DRIVES COMPANIES
11.1. AC Drives Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments
12 . COMPANY PROFILES OF AC DRIVES INDUSTRY
12.1. Company Share Analysis
12.2. Market Concentration Rate
12.3. ABB LTD.
12.3.1. Company Overview
12.3.2. Financials
12.3.3. Products
12.3.4. Recent Developments
12.4. Danfoss Group
12.4.1. Company Overview
12.4.2. Financials
12.4.3. Products
12.4.4. Recent Developments
12.5. Mitsubishi Electrical Co.
12.5.1. Company Overview
12.5.2. Financials
12.5.3. Products
12.5.4. Recent Developments
12.6. Schneider Electric Co.
12.6.1. Company Overview
12.6.2. Financials
12.6.3. Products
12.6.4. Recent Developments
12.7. Siemens Ag Fuji Electric Co. Ltd.
12.7.1. Company Overview
12.7.2. Financials
12.7.3. Products
12.7.4. Recent Developments
12.8. Emerson Electric Co.
12.8.1. Company Overview
12.8.2. Financials
12.8.3. Products
12.8.4. Recent Developments
12.9. Hiconics Drive Technology Co. Ltd.
12.9.1. Company Overview
12.9.2. Financials
12.9.3. Products
12.9.4. Recent Developments
12.10. Hitachi Ltd.
12.10.1. Company Overview
12.10.2. Financials
12.10.3. Products
12.10.4. Recent Developments
12.11. Parker Hannifin Co.
12.11.1. Company Overview
12.11.2. Financials
12.11.3. Products
12.11.4. Recent Developments
12.12. Rockwell Automation Inc.
12.12.1. Company Overview
12.12.2. Financials
12.12.3. Products
12.12.4. Recent Developments
12.13. Yaskawa Electric Corporation
12.13.1. Company Overview
12.13.2. Financials
12.13.3. Products
12.13.4. Recent Developments
12.14. WEG
12.14.1. Company Overview
12.14.2. Financials
12.14.3. Products
12.14.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Voltage (USD MN)
- Low Voltage Market by Geography (USD MN)
- Medium Voltage Market by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Pumps Market by Geography (USD MN)
- Fans Market by Geography (USD MN)
- Compressors Market by Geography (USD MN)
- Conveyors Market by Geography (USD MN)
- Extruders Market by Geography (USD MN)
- Other Applications Market by Geography (USD MN)
- Analysis by End-Use Industry (USD MN)
- Oil & Gas Market by Geography (USD MN)
- Power Generation Market by Geography (USD MN)
- Water & Wastewater Market by Geography (USD MN)
- Building Automation Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Metals & Mining Market by Geography (USD MN)
- Chemicals & Petrochemicals Market by Geography (USD MN)
- Other Industries Market by Geography (USD MN)
- Analysis by Power Rating (kW) (USD MN)
- Low Power Drives Market by Geography (USD MN)
- Medium Power Drives Market by Geography (USD MN)
- High Power Drives Market by Geography (USD MN)
- Global AC Drives Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of AC Drives Report
- Market Research Process
- Market Research Methodology
- Global AC Drives Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Voltage
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by End-Use Industry
- Market Attractiveness Analysis by Power Rating (kW)
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Voltage (USD MN)
- Low Voltage Market by Geography (USD MN)
- Medium Voltage Market by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Pumps Market by Geography (USD MN)
- Fans Market by Geography (USD MN)
- Compressors Market by Geography (USD MN)
- Conveyors Market by Geography (USD MN)
- Extruders Market by Geography (USD MN)
- Other Applications Market by Geography (USD MN)
- Global Market Analysis by End-Use Industry (USD MN)
- Oil & Gas Market by Geography (USD MN)
- Power Generation Market by Geography (USD MN)
- Water & Wastewater Market by Geography (USD MN)
- Building Automation Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Metals & Mining Market by Geography (USD MN)
- Chemicals & Petrochemicals Market by Geography (USD MN)
- Other Industries Market by Geography (USD MN)
- Global Market Analysis by Power Rating (kW) (USD MN)
- Low Power Drives Market by Geography (USD MN)
- Medium Power Drives Market by Geography (USD MN)
- High Power Drives Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.