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Low Voltage AC Drives-Global Market Insights and Sales Trends 2024
Synopsis
Low voltage AC drives are basically used for adjusting the speed and torque of standard AC motors. Along with induction motors, AC drives replace the use of DC and slip-ring motors together with their control systems.
The global Low Voltage AC Drives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Low Voltage AC Drives in various end use industries. The expanding demands from the Infrastructure, Water and Wastewater, HVAC and Others, are propelling Low Voltage AC Drives market. Below 20kW, 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 20-50kW segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Low Voltage AC Drives market, driven by demand from China, the second largest economy with some signs of stabilising, the Low Voltage AC Drives market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Low Voltage 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 Low Voltage 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 Low Voltage AC Drives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low Voltage 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 Low Voltage AC Drives covered in this report include Fuji Electric, ABB, Siemens, GE, Schneider Electric, Nidec, Danfoss, Benshaw and Rockwell Automation, etc.
The global Low Voltage 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:
Fuji Electric
ABB
Siemens
GE
Schneider Electric
Nidec
Danfoss
Benshaw
Rockwell Automation
Nancal Technology
Yaskawa Electric
TMEIC
Global Low Voltage AC Drives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Low Voltage AC Drives market, Segment by Type:
Below 20kW
20-50kW
50-100kW
More than 100kW
Global Low Voltage AC Drives market, by Application
Infrastructure
Water and Wastewater
HVAC
Others
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 Low Voltage 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 Low Voltage 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.
Low voltage AC drives are basically used for adjusting the speed and torque of standard AC motors. Along with induction motors, AC drives replace the use of DC and slip-ring motors together with their control systems.
The global Low Voltage AC Drives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Low Voltage AC Drives in various end use industries. The expanding demands from the Infrastructure, Water and Wastewater, HVAC and Others, are propelling Low Voltage AC Drives market. Below 20kW, 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 20-50kW segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Low Voltage AC Drives market, driven by demand from China, the second largest economy with some signs of stabilising, the Low Voltage AC Drives market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Low Voltage 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 Low Voltage 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 Low Voltage AC Drives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low Voltage 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 Low Voltage AC Drives covered in this report include Fuji Electric, ABB, Siemens, GE, Schneider Electric, Nidec, Danfoss, Benshaw and Rockwell Automation, etc.
The global Low Voltage 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:
Fuji Electric
ABB
Siemens
GE
Schneider Electric
Nidec
Danfoss
Benshaw
Rockwell Automation
Nancal Technology
Yaskawa Electric
TMEIC
Global Low Voltage AC Drives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Low Voltage AC Drives market, Segment by Type:
Below 20kW
20-50kW
50-100kW
More than 100kW
Global Low Voltage AC Drives market, by Application
Infrastructure
Water and Wastewater
HVAC
Others
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 Low Voltage 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 Low Voltage 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.
Index1 Low Voltage AC Drives Market Overview
1.1 Low Voltage AC Drives Product Overview
1.2 Low Voltage AC Drives Market Segment by Type
1.2.1 Below 20kW
1.2.2 20-50kW
1.2.3 50-100kW
1.2.4 More than 100kW
1.3 Global Low Voltage AC Drives Market Size by Type
1.3.1 Global Low Voltage AC Drives Market Size Overview by Type (2018-2029)
1.3.2 Global Low Voltage AC Drives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Low Voltage AC Drives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Low Voltage AC Drives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Low Voltage AC Drives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Low Voltage AC Drives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Low Voltage AC Drives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Low Voltage AC Drives Sales Breakdown by Type (2018-2023)
2 Global Low Voltage AC Drives Market Competition by Company
2.1 Global Top Players by Low Voltage AC Drives Sales (2018-2023)
2.2 Global Top Players by Low Voltage AC Drives Revenue (2018-2023)
2.3 Global Top Players by Low Voltage AC Drives Price (2018-2023)
2.4 Global Top Manufacturers Low Voltage AC Drives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Low Voltage AC Drives Market Competitive Situation and Trends
2.5.1 Low Voltage AC Drives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Low Voltage 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 Low Voltage AC Drives as of 2022)
2.7 Date of Key Manufacturers Enter into Low Voltage AC Drives Market
2.8 Key Manufacturers Low Voltage AC Drives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Low Voltage AC Drives Status and Outlook by Region
3.1 Global Low Voltage AC Drives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Low Voltage AC Drives Historic Market Size by Region
3.2.1 Global Low Voltage AC Drives Sales in Volume by Region (2018-2023)
3.2.2 Global Low Voltage AC Drives Sales in Value by Region (2018-2023)
3.2.3 Global Low Voltage AC Drives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Low Voltage AC Drives Forecasted Market Size by Region
3.3.1 Global Low Voltage AC Drives Sales in Volume by Region (2024-2029)
3.3.2 Global Low Voltage AC Drives Sales in Value by Region (2024-2029)
3.3.3 Global Low Voltage AC Drives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Low Voltage AC Drives by Application
4.1 Low Voltage AC Drives Market Segment by Application
4.1.1 Infrastructure
4.1.2 Water and Wastewater
4.1.3 HVAC
4.1.4 Others
4.2 Global Low Voltage AC Drives Market Size by Application
4.2.1 Global Low Voltage AC Drives Market Size Overview by Application (2018-2029)
4.2.2 Global Low Voltage AC Drives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Low Voltage AC Drives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Low Voltage AC Drives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Low Voltage AC Drives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Low Voltage AC Drives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Low Voltage AC Drives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Low Voltage AC Drives Sales Breakdown by Application (2018-2023)
5 North America Low Voltage AC Drives by Country
5.1 North America Low Voltage AC Drives Historic Market Size by Country
5.1.1 North America Low Voltage AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Low Voltage AC Drives Sales in Volume by Country (2018-2023)
5.1.3 North America Low Voltage AC Drives Sales in Value by Country (2018-2023)
5.2 North America Low Voltage AC Drives Forecasted Market Size by Country
5.2.1 North America Low Voltage AC Drives Sales in Volume by Country (2024-2029)
5.2.2 North America Low Voltage AC Drives Sales in Value by Country (2024-2029)
6 Europe Low Voltage AC Drives by Country
6.1 Europe Low Voltage AC Drives Historic Market Size by Country
6.1.1 Europe Low Voltage AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Low Voltage AC Drives Sales in Volume by Country (2018-2023)
6.1.3 Europe Low Voltage AC Drives Sales in Value by Country (2018-2023)
6.2 Europe Low Voltage AC Drives Forecasted Market Size by Country
6.2.1 Europe Low Voltage AC Drives Sales in Volume by Country (2024-2029)
6.2.2 Europe Low Voltage AC Drives Sales in Value by Country (2024-2029)
7 Asia-Pacific Low Voltage AC Drives by Region
7.1 Asia-Pacific Low Voltage AC Drives Historic Market Size by Region
7.1.1 Asia-Pacific Low Voltage AC Drives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Low Voltage AC Drives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Low Voltage AC Drives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Low Voltage AC Drives Forecasted Market Size by Region
7.2.1 Asia-Pacific Low Voltage AC Drives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Low Voltage AC Drives Sales in Value by Region (2024-2029)
8 Latin America Low Voltage AC Drives by Country
8.1 Latin America Low Voltage AC Drives Historic Market Size by Country
8.1.1 Latin America Low Voltage AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Low Voltage AC Drives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Low Voltage AC Drives Sales in Value by Country (2018-2023)
8.2 Latin America Low Voltage AC Drives Forecasted Market Size by Country
8.2.1 Latin America Low Voltage AC Drives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Low Voltage AC Drives Sales in Value by Country (2024-2029)
9 Middle East and Africa Low Voltage AC Drives by Country
9.1 Middle East and Africa Low Voltage AC Drives Historic Market Size by Country
9.1.1 Middle East and Africa Low Voltage AC Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Low Voltage AC Drives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Low Voltage AC Drives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Low Voltage AC Drives Forecasted Market Size by Country
9.2.1 Middle East and Africa Low Voltage AC Drives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Low Voltage AC Drives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fuji Electric
10.1.1 Fuji Electric Company Information
10.1.2 Fuji Electric Introduction and Business Overview
10.1.3 Fuji Electric Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fuji Electric Low Voltage AC Drives Products Offered
10.1.5 Fuji Electric Recent Development
10.2 ABB
10.2.1 ABB Company Information
10.2.2 ABB Introduction and Business Overview
10.2.3 ABB Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ABB Low Voltage AC Drives Products Offered
10.2.5 ABB Recent Development
10.3 Siemens
10.3.1 Siemens Company Information
10.3.2 Siemens Introduction and Business Overview
10.3.3 Siemens Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Siemens Low Voltage AC Drives Products Offered
10.3.5 Siemens Recent Development
10.4 GE
10.4.1 GE Company Information
10.4.2 GE Introduction and Business Overview
10.4.3 GE Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GE Low Voltage AC Drives Products Offered
10.4.5 GE Recent Development
10.5 Schneider Electric
10.5.1 Schneider Electric Company Information
10.5.2 Schneider Electric Introduction and Business Overview
10.5.3 Schneider Electric Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Schneider Electric Low Voltage AC Drives Products Offered
10.5.5 Schneider Electric Recent Development
10.6 Nidec
10.6.1 Nidec Company Information
10.6.2 Nidec Introduction and Business Overview
10.6.3 Nidec Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nidec Low Voltage AC Drives Products Offered
10.6.5 Nidec Recent Development
10.7 Danfoss
10.7.1 Danfoss Company Information
10.7.2 Danfoss Introduction and Business Overview
10.7.3 Danfoss Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Danfoss Low Voltage AC Drives Products Offered
10.7.5 Danfoss Recent Development
10.8 Benshaw
10.8.1 Benshaw Company Information
10.8.2 Benshaw Introduction and Business Overview
10.8.3 Benshaw Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Benshaw Low Voltage AC Drives Products Offered
10.8.5 Benshaw Recent Development
10.9 Rockwell Automation
10.9.1 Rockwell Automation Company Information
10.9.2 Rockwell Automation Introduction and Business Overview
10.9.3 Rockwell Automation Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Rockwell Automation Low Voltage AC Drives Products Offered
10.9.5 Rockwell Automation Recent Development
10.10 Nancal Technology
10.10.1 Nancal Technology Company Information
10.10.2 Nancal Technology Introduction and Business Overview
10.10.3 Nancal Technology Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nancal Technology Low Voltage AC Drives Products Offered
10.10.5 Nancal Technology Recent Development
10.11 Yaskawa Electric
10.11.1 Yaskawa Electric Company Information
10.11.2 Yaskawa Electric Introduction and Business Overview
10.11.3 Yaskawa Electric Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Yaskawa Electric Low Voltage AC Drives Products Offered
10.11.5 Yaskawa Electric Recent Development
10.12 TMEIC
10.12.1 TMEIC Company Information
10.12.2 TMEIC Introduction and Business Overview
10.12.3 TMEIC Low Voltage AC Drives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 TMEIC Low Voltage AC Drives Products Offered
10.12.5 TMEIC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Low Voltage 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 Low Voltage AC Drives Industrial Chain Analysis
11.4 Low Voltage AC Drives Market Dynamics
11.4.1 Low Voltage AC Drives Industry Trends
11.4.2 Low Voltage AC Drives Market Drivers
11.4.3 Low Voltage AC Drives Market Challenges
11.4.4 Low Voltage AC Drives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Low Voltage AC Drives Distributors
12.3 Low Voltage 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
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