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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, and Others), End-use Industry and by Region - Global Trends & Forecast to 2020

AC Drives Market by Voltage (Low and Medium), Power Rating (Low, Medium and High Power), Application (Pumps, Fans, Compressors, Conveyors, Extruders, and Others), End-use Industry and by Region - Global Trends & Forecast to 2020

Energy consumption plays an important role in the overall operating costs of any energy intensive industry. AC drives, which are primarily used to control the speed and torque of electric motors, provide optimized energy use, and reduce related costs. Advantages of energy save and long life of the equipment making AC drives increasingly popular. They also help in reducing production costs, improve production quality, and reduce Co2 emissions.

The global AC drives market is estimated at USD 14.6 billion in 2015 and is projected to reach USD 21.0 billion by 2020, at a CAGR of 7.4% from 2015 to 2020. The market has been classified on the basis of voltage, power rating, application, end-use industry, and region, which has been further divided on the basis of countries.

The study has profiled leading market players of the industry, along with their recent developments and other strategic industry activities. Some of the key players include ABB Ltd. (Switzerland), Siemens AG (Germany), Danfoss Group (Denmark), Schneider Electric SE (France), Mitsubishi Electric co. Ltd (Japan), Rockwell Automation (U.S.) and Yaskawa Electric Co.(Japan).

Asia-Pacific leads the AC drives system market with share of approximately 42.6% in 2015, which is expected to grow with a CAGR of 8.8% during the forecast period. This growth is attributed to the increasing government mandates to conserve electricity via energy efficiency norms and rapidly growing industrialization in this region.

Based on end-use industry, AC drives market has been broadly classified into oil & gas, water & wastewater, power generation, building automation, food & beverage, metals & mining, chemicals & petrochemicals and others. Water & wastewater industry is expected to grow at a highest CAGR of 8.4% from 2015-2020.

The low voltage drives segment accounted for the largest market share in 2014. Its growth has been attributed to the usage of low voltage motors in various industries globally. However medium voltage AC drives is expected to register a higher growth rate during the forecast period.

In the methodology various secondary sources have been taken into consideration including annual reports, press releases, investor presentations of companies, white papers and certified publications, articles from recognized authors from association panels, manufacturers associations, directories, and databases. These secondary sources were used to identify and collect information that was useful for this extensive commercial study of the AC drives market. In the primary research process, various primary sources from both supply and demand side have been interviewed to obtain qualitative and quantitative information for this report.

The report caters to
AC drive manufacturers, dealers and suppliers
Manufacturing industry
Consulting companies in energy and power sector
The report also offers the following paid customizations:
Detailed analysis and profiling of additional market players (Up to 5).
Further segmentation and analysis of AC drives based on end-use industry
Related reports include:
Motor Soft Starter Market By Voltage, by Rated Power, by Application (Pumps, Fans, Compressors & Others), by Industry (Oil & Gas, Water & Wastewater, Power Generation, Mining & Others) and by Region - Global Forecast and Trends to 2020
Variable Frequency Drives Market By Type (AC, DC, Servo), Power Range (Micro, Low, Medium, High), Voltage (Low & Medium), Application (Pump, Fan, Compressor, Conveyor, Elevator, Extruder) and Geography - Global Market Trends & Forecast to 2019


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • SECONDARY DATA
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • KEY DATA FROM PRIMARY SOURCES
      • KEY INDUSTRY INSIGHTS
      • BREAKDOWN OF PRIMARIES
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE AC DRIVES MARKET, 2015-2020
    • GLOBAL AC DRIVES MARKET OVERVIEW, 2014
    • AC DRIVES MARKET, BY APPLICATION, 2013-2020
    • 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 END-USE INDUSTRY
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
        • Table COMPARISON BETWEEN ENERGY SAVING OBTAINED BY USING DC DRIVES & AC DRIVES
      • CHALLENGES
    • IMPACT OF MARKET DYNAMICS
      • Table IMPACT OF MARKET DYNAMICS
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF RIVALRY
  • AC DRIVES MARKET, BY VOLTAGE
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY VOLTAGE, 2013–2020 (USD MILLION)
    • LOW VOLTAGE
      • Table LOW VOLTAGE AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
    • MEDIUM VOLTAGE
      • Table MEDIUM VOLTAGE AC DRIVES USED BY DIFFERENT END-USE INDUSTRIES
      • Table MEDIUM VOLTAGE AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
  • AC DRIVES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
    • PUMPS
      • Table PUMPS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • FANS
      • Table FANS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • COMPRESSORS
      • Table COMPRESSORS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CONVEYORS
      • Table CONVEYORS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • EXTRUDERS
      • Table EXTRUDERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • OTHER APPLICATIONS
      • Table OTHERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • AC DRIVES MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013–2020 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • WATER & WASTEWATER
      • Table WATER & WASTEWATER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • POWER GENERATION
      • Table POWER GENERATION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • BUILDING AUTOMATION
      • Table BUILDING AUTOMATION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • FOOD & BEVERAGE
      • Table FOOD & BEVERAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • METALS & MINING
      • Table METALS & MINING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CHEMICALS & PETROCHEMICALS
      • Table CHEMICALS & PETROCHEMICALS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • OTHER INDUSTRIES
      • Table OTHER INDUSTRIES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • AC DRIVES MARKET, BY POWER RATING (KW)
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY POWER RATING, 2013–2020 (USD MILLION)
    • LOW POWER DRIVES
      • Table LOW POWER AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
    • MEDIUM POWER DRIVES
      • Table MEDIUM POWER AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
    • HIGH POWER DRIVES
      • Table HIGH POWER AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
  • AC DRIVES MARKET, BY REGION
    • INTRODUCTION
      • Table AC DRIVES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
    • ASIA-PACIFIC
      • BY VOLTAGE
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
      • BY APPLICATION
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BY POWER RATING (KW)
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY POWER RATING, 2013-2020 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table CHINA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table JAPAN: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table INDIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table AUSTRALIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
    • EUROPE
      • BY VOLTAGE
        • Table EUROPE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: AC DRIVES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BY POWER RATING (KW)
        • Table EUROPE: AC DRIVES MARKET SIZE, BY POWER RATING, 2013-2020 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table EUROPE: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: AC DRIVES MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table GERMANY: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table FRANCE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table RUSSIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table U.K.: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table ITALY: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table REST OF EUROPE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • BY VOLTAGE
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BY POWER RATING (KW)
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2013-2020 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table U.S.: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table CANADA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table MEXICO: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY VOLTAGE
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BY POWER RATING (KW)
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2013-2020 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table SAUDI ARABIA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table UAE: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table SOUTH AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
    • SOUTH AMERICA
      • BY VOLTAGE
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • BY POWER RATING (KW)
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY POWER RATING, 2013-2020 (USD MILLION)
      • BY END-USE INDUSTRY
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: AC DRIVES MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table BRAZIL: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table ARGENTINA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
        • Table REST OF SOUTH AMERICA: AC DRIVES MARKET SIZE, BY VOLTAGE, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2015
      • NEW PRODUCT/SERVICE/TECHNOLOGY DEVELOPMENTS
        • Table NEW PRODUCT/SERVICE/TECHNOLOGY DEVELOPMENTS, 2012-2015
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2015
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2012-2015
      • OTHER DEVELOPMENTS
        • Table OTHER DEVELOPMENTS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • DANFOSS GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2014
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI ELECTRICAL CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SCHNEIDER ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2014
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012
      • SWOT ANALYSIS
      • MNM VIEW
    • FUJI ELECTRIC CO.LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2014
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
    • HICONICS DRIVE TECHNOLOGY CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • HITACHI LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • PARKER HANNIFIN CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2013
    • ROCKWELL AUTOMATION INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2015
    • TOSHIBA INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2014
    • WEG S.A
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2015
    • YASKAWA ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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