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AC Drives Market by Voltage (Low and Medium), Power Rating (Low, Medium, and High Power), Application (Pumps, Fans, Compressors, Conveyors, Extruders), End-Use Industry and Region - Global Trends & Forecast to 2021

AC Drives Market by Voltage (Low and Medium), Power Rating (Low, Medium, and High Power), Application (Pumps, Fans, Compressors, Conveyors, Extruders), End-Use Industry and Region - Global Trends & Forecast to 2021

“The AC drives is projected to grow at a CAGR of 7.0% from 2016 to 2021”
The AC drives market is projected to reach USD 22.07 billion by 2021, growing at a CAGR of 7.0% from 2016 to 2021. AC drives are used in oil & gas, water & wastewater, power generation, building automation, food & beverage, metals & mining, chemicals & petrochemicals, and other industries. Increase in urbanization & industrialization, rising need for energy efficiency, and regulation for energy efficiency are expected to drive the AC drives market. Decrease in Greenfield investment is a restraint for global AC drives market.

“The AC drive with Medium voltage segment is expected to grow at the fastest CAGR from 2016 to 2021”
With regard to voltage, the medium voltage AC drives is estimated to grow at the fastest CAGR. The demand from industries such as utilities, petrochemicals, water & wastewater, metals & mining, and cement, will drive the medium voltage AC drives market. The medium voltage generally employed in applications such as pumps, compressors, conveyors, crushers & mills, fans, and kiln applications.

“Asia-Pacific: The largest market for AC drives”
Asia-Pacific is currently the largest market for AC drives market, followed by Europe. The market of Asia-Pacific is primarily driven by countries such as China, India, Japan, Australia, and Rest of Asia-Pacific. China is expected to dominate the AC drives market, followed by Japan and India. Urbanization and industrialization will drive the Asia-Pacific market for the forecast period.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 40%, Tier 2- 35%, Tier 3- 25%
By Designation: C-Level- 36%, D-Level- 24%, Others- 40%
By Region: North America- 34%, Europe- 15%, Asia-Pacific- 38%, Rest of World- 13%

Note: The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 20 billion, Tier 2 = From USD 10 billion to USD 20 billion, and Tier 3 = <USD 10 billion

The leading players in the AC drives market include ABB Ltd. (Switzerland), Siemens AG (Germany), Danfoss Group (Denmark), Schneider Electric SE (France), Rockwell Automation, Inc. (U.S.), Mitsubishi Electric Co. (Japan), and Yaskawa Electric Corporation (Japan) , among others.

Research Coverage:
The report provides a picture on AC drives market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as application, voltage, power rating, end-use industry, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall AC drives market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

Why buy this report?
1. The report identifies and addresses key markets for AC drives market, which is useful for suppliers to review the growth in demand for the product.
2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.
3. The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • HISTORICAL BACKDROP
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE AC DRIVES MARKET, 2016-2021
    • ASIA-PACIFIC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2015
    • AC DRIVES MARKET, BY APPLICATION, 2014-2021
    • AC DRIVES MARKET IN THE ASIA-PACIFIC REGION
    • LOW VOLTAGE AC DRIVES SEGMENT IS EXPECTED TO DOMINATE THE GLOBAL MARKET DURING THE FORECAST PERIOD
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • AC DRIVES: MARKET SEGMENTATION
      • BY VOLTAGE
      • BY APPLICATION
      • BY POWER RATING
      • BY INDUSTRY
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • AC DRIVES MARKET, BY VOLTAGE
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
    • LOW VOLTAGE
      • Table LOW VOLTAGE: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIUM VOLTAGE
      • Table MEDIUM VOLTAGE AC DRIVES USED BY DIFFERENT END-USE INDUSTRIES
      • Table MEDIUM VOLTAGE: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AC DRIVES MARKET, BY POWER RATING
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
    • LOW POWER
      • Table LOW POWER: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIUM POWER
      • Table MEDIUM POWER: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HIGH POWER
      • Table HIGH POWER: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AC DRIVES MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • WATER & WASTEWATER
      • Table WATER & WASTEWATER: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • POWER GENERATION
      • Table POWER GENERATION: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • BUILDING AUTOMATION
      • Table BUILDING AUTOMATION: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • FOOD & BEVERAGE
      • Table FOOD & BEVERAGE: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • METALS & MINING
      • Table METALS & MINING: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CHEMICALS & PETROCHEMICALS
      • Table CHEMICALS & PETROCHEMICALS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AC DRIVES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • PUMPS
      • Table PUMPS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • FANS
      • Table FANS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • COMPRESSORS
      • Table COMPRESSORS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CONVEYORS
      • Table CONVEYORS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • EXTRUDERS
      • Table EXTRUDERS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AC DRIVES MARKET, BY REGION
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • BY VOLTAGE
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY POWER RATING
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table CHINA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table JAPAN: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table INDIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
    • EUROPE
      • BY VOLTAGE
        • Table EUROPE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY POWER RATING
        • Table EUROPE: AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table EUROPE: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: AC DRIVES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table GERMANY: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table FRANCE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table RUSSIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table U.K.: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table ITALY: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • BY VOLTAGE
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY POWER RATING
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.S.: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table CANADA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table MEXICO: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY VOLTAGE
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY POWER RATING
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table UAE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table REST OF THE MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
    • SOUTH AMERICA
      • BY VOLTAGE
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY POWER RATING
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2014-2021 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table ARGENTINA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
        • Table REST OF SOUTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATIONS & TRENDS
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2015-2016
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2014-2016
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2015-2016
      • MERGERS & ACQUISITIONS
        • Table MERGER & ACQUISITIONS, 2014-2016
      • OTHER DEVELOPMENTS
        • Table OTHER DEVELOPMENTS, 2015-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • DANFOSS GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2014
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI ELECTRICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • FUJI ELECTRIC CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2015
    • HITACHI LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2015
    • PARKER HANNIFIN CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
    • ROCKWELL AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • TOSHIBA INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2014
    • WEG SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • YASKAWA ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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