Alternate Current (AC) drives are electronic devices that regulate the speed and torque of an electric motor by alternating parameters such as voltage, frequency, and magnetic flux. These alternating parameters are controlled by an alternate current. Managing the entire operational costs of energy-intensive industries requires a significant amount of attention to be paid to optimizing energy use. Controlling the speed and torque of electric motors is one of the primary functions of AC drives, which allows for significant cost savings in addition to improvements in energy efficiency. AC drives have widespread uses in industries such as oil and gas, water and wastewater, and mining because they minimize energy usage and have the advantage of the advantages of prolonging the life of electrical equipment.
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The report provides comprehensive details about demand forecasts, market trends, and both micro and macro indicators. The AC Drives Market report also gives information about the factors that are making this market grow and the objects that are holding it back. Using tools like Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the AC Drives Market, the report provides details about the market. The research also depicts current market trends and gives forecasts for 2022–2028. We've also highlighted future developments in the market that will affect the demand during the period of the forecast. Also, the competitive analysis for each regional market indicates how much of the market the top players have.
Segmentation of AC Drives Market: -
By Power Rating
- Low Power Drives
- Medium Power Drives
- High Power Drives
By Application
- Pumps
- Fans
- Compressors
- Other
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Leading Key Players Covered AC Drives Market: -
- ABB LTD.(Switzerland)
- Danfoss Group (Denmark)
- Mitsubishi Electrical Co. (Japan)
- Schneider Electric Co. (France)
- Siemens Ag Fuji Electric Co. Ltd. (Japan)
- Emerson Electric Co. (United States)
- Hiconics Drive Technology Co. Ltd. (China)
- Hitachi Ltd.(Japan)
- Parker Hannifin Co. (India)
- Rockwell Automation Inc. (United States), and Other Major Players
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Market Analysis and Insights: Global AC Drives Market
The market for AC Drives is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global AC Drives Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.
Table of content
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: AC Drives Market by Deployment
Chapter 6: AC Drives Market by Applications
Chapter 7: AC Drives Market by End-Use Industry
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global AC Drives Market Analysis, Insights and Forecast, 2016-2028
To be continue…
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