This research service covers the Brazilian market for electric drives. The key focus of this research is on alternate current (AC) drives, direct current (DC) drives and servo drives. This research also focuses on market trends, considering challenges, drivers, and restraints, and providing a forecast of market revenue for the period 2010–2015. Strategies that could drive companies' growth also are included. The use of electric drives in Brazil is still not as widespread as in other regions, such as North America and Europe, but adoption rates are beginning to ramp up because of more efficient use of the appliance.
The situation of the overall industry, where only about percent of the electric motors have electric drives for motion control, offers a great scenario for electric drives market growth.
Giving the trend of substitution of AC electric motors and servo motors for DC electric motors, the share of electric drives is expected to shrink.
The servo electric drives will show the highest growth, given the fact that they are demanded for precise movements and the World Cup of 2014 and the Olympic Games of 2016 will demand investments in infrastructure. Thus, there will be a great scenario for the electric drives in this vertical.
The oil and gas strand will represent almost percent of the revenue in the electric drives market. This is given specially on investments for infrastructure increase for extraction of the raw material from recently discovered fields.
The metal and mining vertical will represent more than percent of the revenue in 2015, considering the need for metal and mining materials for the investments in infrastructure in the country.
Companies will tend to be manufacturing electric drives locally by 2015.
Although prices will drop, the electric drives are going to have new functionalities coupled to them.
The automation market will tend to grow at a rate of almost percent and the electric drives market at a CAGR of percent, showing the wide usage of electric drives within the industry.
The substitution for human labor of machines and robots in several manual tasks will increase the need for electric drives.
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