The Global AC Drives Market size is expected to grow at an annual average of 7% during 2022-2028. An AC drive is a device used to control the speed of an electric motor. It takes into account the magnetic flux of an electric motor to control the speed of the motor, the frequency and voltage of the power supply.
A full report of AC Drives Market is available at:https://www.orionmarketreports.com/ac-drives-market/40115/
Company Profile
- ABB Ltd.
- Danfoss Group
- Schneider Electric Se
- Siemens AG
- Mitsubishi Electrical Corporation
- Fuji Electric Co. Ltd.
- Emerson Electric Co.
- Hitachi Ltd.
- Parker Hannifin Corporation
Market Segmentation
By Voltage
- Low Voltage
- Medium Voltage
By Application
- Pumps
- Fans
- Compressor
- Conveyors
- Extruders
- Other application
By End–Use Industry
- Oil & Gas
- Water & wastewater
- Power generation
- Building Automation
Scope of the Report
The research study analyzes the AC Drives Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by AC Drives Market Report
- What was the AC Drives Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of AC Drives Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the AC Drives Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the AC Drives market.
- The market share of the AC Drives market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the AC Drives market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the AC Drives market.
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