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Synopsis
The alternate current drive (AC drive) is an electronic device which is used for regulating the velocity of an electric motor by fluctuating the frequency, magnetic flux, and voltage in a motor circuit. AC drives supports in develops efficiency of the system, saving energy, and minimize motor wear.
The global AC Drives market size is expected to reach US$ 25070 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of AC Drives in various end use industries. The expanding demands from the Oil & Gas, Water & wastewater, Power generation and Building Automation, are propelling AC Drives market. Low Voltage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Medium Voltage segment is estimated at % CAGR for the next seven-year period.
Oil & gas segment is the largest end-user of AC drives as it offers good speed controls & high energy savings.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for AC Drives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global AC Drives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global AC Drives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, AC Drives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of AC Drives covered in this report include ABB, Danfoss, Schneider, Siemens, Mitsubishi, Fuji, Emerson, Hitachi and Parker Hannifin, etc.
The global AC Drives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global AC Drives market, by region:
Global AC Drives market, Segment by Type:
Global AC Drives market, by Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of AC Drives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of AC Drives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 AC Drives Market Overview
1.1 AC Drives Product Overview
1.2 AC Drives Market Segment by Type
1.2.1 Low Voltage
1.2.2 Medium Voltage
1.3 Global AC Drives Market Size by Type
1.3.1 Global AC Drives Market Size Overview by Type (2018-2029)
1.3.2 Global AC Drives Historic Market Size Review by Type (2018-2023)
1.3.3 Global AC Drives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America AC Drives Sales Breakdown by Type (2018-2023)
1.4.2 Europe AC Drives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific AC Drives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America AC Drives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa AC Drives Sales Breakdown by Type (2018-2023)
2 Global AC Drives Market Competition by Company
2.1 Global Top Players by AC Drives Sales (2018-2023)
2.2 Global Top Players by AC Drives Revenue (2018-2023)
2.3 Global Top Players by AC Drives Price (2018-2023)
2.4 Global Top Manufacturers AC Drives Manufacturing Base Distribution, Sales Area, Product Type
2.5 AC Drives Market Competitive Situation and Trends
2.5.1 AC Drives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by AC Drives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in AC Drives as of 2022)
2.7 Date of Key Manufacturers Enter into AC Drives Market
2.8 Key Manufacturers AC Drives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 AC Drives Status and Outlook by Region
3.1 Global AC Drives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global AC Drives Historic Market Size by Region
3.2.1 Global AC Drives Sales in Volume by Region (2018-2023)
3.2.2 Global AC Drives Sales in Value by Region (2018-2023)
3.2.3 Global AC Drives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global AC Drives Forecasted Market Size by Region
3.3.1 Global AC Drives Sales in Volume by Region (2024-2029)
3.3.2 Global AC Drives Sales in Value by Region (2024-2029)
3.3.3 Global AC Drives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global AC Drives by Application
4.1 AC Drives Market Segment by Application
4.1.1 Oil & Gas
4.1.2 Water & wastewater
4.1.3 Power generation
4.1.4 Building Automation
4.1.5 Food & Beverage
4.1.6 Metals & Mining
4.1.7 Chemicals & Petrochemicals
4.1.8 Others
4.2 Global AC Drives Market Size by Application
4.2.1 Global AC Drives Market Size Overview by Application (2018-2029)
4.2.2 Global AC Drives Historic Market Size Review by Application (2018-2023)
4.2.3 Global AC Drives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America AC Drives Sales Breakdown by Application (2018-2023)
4.3.2 Europe AC Drives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific AC Drives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America AC Drives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa AC Drives Sales Breakdown by Application (2018-2023)
5 North America AC Drives by Country
5.1 North America AC Drives Historic Market Size by Country
5.1.1 North America AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America AC Drives Sales in Volume by Country (2018-2023)
5.1.3 North America AC Drives Sales in Value by Country (2018-2023)
5.2 North America AC Drives Forecasted Market Size by Country
5.2.1 North America AC Drives Sales in Volume by Country (2024-2029)
5.2.2 North America AC Drives Sales in Value by Country (2024-2029)
6 Europe AC Drives by Country
6.1 Europe AC Drives Historic Market Size by Country
6.1.1 Europe AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe AC Drives Sales in Volume by Country (2018-2023)
6.1.3 Europe AC Drives Sales in Value by Country (2018-2023)
6.2 Europe AC Drives Forecasted Market Size by Country
6.2.1 Europe AC Drives Sales in Volume by Country (2024-2029)
6.2.2 Europe AC Drives Sales in Value by Country (2024-2029)
7 Asia-Pacific AC Drives by Region
7.1 Asia-Pacific AC Drives Historic Market Size by Region
7.1.1 Asia-Pacific AC Drives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific AC Drives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific AC Drives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific AC Drives Forecasted Market Size by Region
7.2.1 Asia-Pacific AC Drives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific AC Drives Sales in Value by Region (2024-2029)
8 Latin America AC Drives by Country
8.1 Latin America AC Drives Historic Market Size by Country
8.1.1 Latin America AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America AC Drives Sales in Volume by Country (2018-2023)
8.1.3 Latin America AC Drives Sales in Value by Country (2018-2023)
8.2 Latin America AC Drives Forecasted Market Size by Country
8.2.1 Latin America AC Drives Sales in Volume by Country (2024-2029)
8.2.2 Latin America AC Drives Sales in Value by Country (2024-2029)
9 Middle East and Africa AC Drives by Country
9.1 Middle East and Africa AC Drives Historic Market Size by Country
9.1.1 Middle East and Africa AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa AC Drives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa AC Drives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa AC Drives Forecasted Market Size by Country
9.2.1 Middle East and Africa AC Drives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa AC Drives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB AC Drives Products Offered
10.1.5 ABB Recent Development
10.2 Danfoss
10.2.1 Danfoss Company Information
10.2.2 Danfoss Introduction and Business Overview
10.2.3 Danfoss AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Danfoss AC Drives Products Offered
10.2.5 Danfoss Recent Development
10.3 Schneider
10.3.1 Schneider Company Information
10.3.2 Schneider Introduction and Business Overview
10.3.3 Schneider AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider AC Drives Products Offered
10.3.5 Schneider Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens AC Drives Products Offered
10.4.5 Siemens Recent Development
10.5 Mitsubishi
10.5.1 Mitsubishi Company Information
10.5.2 Mitsubishi Introduction and Business Overview
10.5.3 Mitsubishi AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi AC Drives Products Offered
10.5.5 Mitsubishi Recent Development
10.6 Fuji
10.6.1 Fuji Company Information
10.6.2 Fuji Introduction and Business Overview
10.6.3 Fuji AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fuji AC Drives Products Offered
10.6.5 Fuji Recent Development
10.7 Emerson
10.7.1 Emerson Company Information
10.7.2 Emerson Introduction and Business Overview
10.7.3 Emerson AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Emerson AC Drives Products Offered
10.7.5 Emerson Recent Development
10.8 Hitachi
10.8.1 Hitachi Company Information
10.8.2 Hitachi Introduction and Business Overview
10.8.3 Hitachi AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hitachi AC Drives Products Offered
10.8.5 Hitachi Recent Development
10.9 Parker Hannifin
10.9.1 Parker Hannifin Company Information
10.9.2 Parker Hannifin Introduction and Business Overview
10.9.3 Parker Hannifin AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Parker Hannifin AC Drives Products Offered
10.9.5 Parker Hannifin Recent Development
10.10 Rockwell
10.10.1 Rockwell Company Information
10.10.2 Rockwell Introduction and Business Overview
10.10.3 Rockwell AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Rockwell AC Drives Products Offered
10.10.5 Rockwell Recent Development
10.11 Toshiba
10.11.1 Toshiba Company Information
10.11.2 Toshiba Introduction and Business Overview
10.11.3 Toshiba AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Toshiba AC Drives Products Offered
10.11.5 Toshiba Recent Development
10.12 WEG
10.12.1 WEG Company Information
10.12.2 WEG Introduction and Business Overview
10.12.3 WEG AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 WEG AC Drives Products Offered
10.12.5 WEG Recent Development
10.13 Yaskawa
10.13.1 Yaskawa Company Information
10.13.2 Yaskawa Introduction and Business Overview
10.13.3 Yaskawa AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Yaskawa AC Drives Products Offered
10.13.5 Yaskawa Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 AC Drives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 AC Drives Industrial Chain Analysis
11.4 AC Drives Market Dynamics
11.4.1 AC Drives Industry Trends
11.4.2 AC Drives Market Drivers
11.4.3 AC Drives Market Challenges
11.4.4 AC Drives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 AC Drives Distributors
12.3 AC Drives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research