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Asia Pacific Medium-voltage Electric Drives Facts and Figures

Publisher Tanalyze Ltd.
Published Mar 04, 2024
Length 44 Pages
SKU # TAZ18593670

Description

Asia Pacific Medium-voltage Electric Drives Facts and Figures


The Asia Pacific medium-voltage electric drives market is forecasted to grow at a compound annual growth rate (CAGR) of 4.0% in value terms during the forecast period, reaching an estimated value of USD 978.2 million by 2029. Within this market, product types are divided into Medium-voltage AC drives and Medium-voltage DC drives. The medium-voltage AC drives segment emerged as the dominant segment in 2023, with a projected valuation of USD 949.4 million by 2029. Additionally, this segment is expected to exhibit the highest CAGR of 4.1% from 2024 to 2029.

Various industries contribute to the Asia Pacific medium-voltage electric drives market, including oil & gas, petrochemicals, power generation, minerals, water treatment, food & beverages, HVAC-R, paper, discrete manufacturing, and others. The discrete manufacturing segment is anticipated to reach USD 175.6 million by 2029, showing a strong CAGR of 7.4% from 2024 to 2029. Furthermore, the revenue of the power generation segment is expected to grow at a CAGR of 4.7% to reach USD 90.5 million by 2029.

Leading the Asia Pacific medium-voltage electric drives market in 2023 are China, Japan, and India, collectively holding approximately 75% market share. Key players in this market include ABB, Ltd., Siemens AG, Danfoss A/S, Yaskawa Electric Corporation, Schneider Electric SE, Shanghai Electric Group Co., Ltd., and Toshiba Corporation. These top seven companies jointly held around 60% market share in 2022, emphasizing their significant presence and influence within the industry.

This study aims to analyze the Asia Pacific market for various segments of medium-voltage electric drives, including:

Product Type: Medium-voltage AC Drives and Medium-voltage DC Drives.

End-User: Oil & Gas, Petrochemicals, Power Generation, Minerals, Water Treatment, Food & Beverages, HVAC-R, Paper, Discrete Manufacturing, and Others.

Region: China, Japan, India, South Korea, Australia, Indonesia, Thailand, and Rest of Asia Pacific.

Table of Contents

44 Pages
FIGURES AND TABLES
Part 1. Key Findings
Part 2. Scope and Methodology
Report Scope
Product Type
End-User
Region
Research Methodology
Part 3. Medium-Voltage Electric Drives Market Overview
Summary
Introduction
Part 4. Asia Pacific Medium-Voltage Electric Drives Market by Product Type
Medium-voltage AC Drives Market by End-User
Medium-voltage DC Drives Market by End-User
Part 5. Asia Pacific Medium-Voltage Electric Drives Market by End-User
Part 6. Asia Pacific Medium-Voltage Electric Drives Market by Region
Part 7. Competitive Analysis
Competition Overview
ABB, Ltd.
Business Overview
Contact Information
Siemens AG
Business Overview
Contact Information
Danfoss A/S
Business Overview
Contact Information
Yaskawa Electric Corporation
Business Overview
Contact Information
Schneider Electric SE
Business Overview
Contact Information
Shanghai Electric Group Co., Ltd.
Business Overview
Contact Information
Toshiba Corporation
Business Overview
Contact Information
Disclaimer
FIGURES AND TABLES
Asia Pacific Medium-Voltage Electric Drives Market, Net Growth, 2020-2029 (USD Million)
Asia Pacific Medium-Voltage Electric Drives Market by Product Type, 2020-2029 (USD Million)
Asia Pacific Medium-Voltage Electric Drives Market by Product Type, CAGR Historic and Forecast, 2020-2029
Asia Pacific Medium-Voltage AC Electric Drives Market by End-User, 2020-2029 (USD Million)
Asia Pacific Medium-Voltage AC Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
Asia Pacific Medium-Voltage DC Electric Drives Market by End-User, 2020-2029 (USD Million)
Asia Pacific Medium-Voltage DC Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
Asia Pacific Medium-Voltage Electric Drives Market by End-User, 2020-2029 (USD Million)
Asia Pacific Medium-Voltage Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
Asia Pacific Medium-Voltage Electric Drives Market Share by Country, 2023
Asia Pacific Medium-Voltage Electric Drives Market Share (%) by Competitors, 2022
ABB, Ltd. Financial Overview (USD Million)
ABB, Ltd. Revenue, by Type, 2022
ABB, Ltd. Revenue, by Segment, 2022
ABB, Ltd. Revenue, by Product, 2022
ABB, Ltd. Revenue, by Region, 2022
Siemens AG Financial Overview (EUR Million)
Siemens AG Revenue, by Segment, 2022
Siemens AG Revenue, by Region, 2022
Danfoss A/S Financial Overview (EUR Million)
Danfoss A/S Revenue, by Segment, 2022
Danfoss A/S Revenue, by Region, 2022
Yaskawa Electric Corporation Financial Overview (JPY Million)
Yaskawa Electric Corporation Revenue, by Segment, 2023
Yaskawa Electric Corporation Revenue, by Region, 2023
Schneider Electric SE Financial Overview (EUR Million)
Schneider Electric SE Revenue, by Segment, 2022
Shanghai Electric Group Co., Ltd. Financial Overview (CNY Billion)
Shanghai Electric Group Co., Ltd. Revenue, by Segment, 2023
Shanghai Electric Group Co., Ltd. Revenue, by Region, 2023
Toshiba Corporation Financial Overview (JPY Million)
Toshiba Corporation Revenue, by Region, 2023
Toshiba Corporation Revenue, by Segment, 2023

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