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North America Medium-voltage Electric Drives Facts and Figures

Publisher Tanalyze Ltd.
Published Mar 04, 2024
Length 50 Pages
SKU # TAZ18593668

Description

North America Medium-voltage Electric Drives Facts and Figures


Based on the information provided by Tanalyze Ltd., the North America medium-voltage electric drives market is expected to experience a compound annual growth rate (CAGR) of 3.1% in terms of value, reaching a projected value of USD 739.8 million by 2029.

In terms of product type, the medium-voltage AC drives segment was the dominant category in 2023 and is projected to reach a value of USD 719.3 million by 2029. This segment is also expected to exhibit the highest CAGR of 3.2% during the forecast period from 2024 to 2029.

The market for medium-voltage electric drives can be segmented into various industries such as oil & gas, petrochemicals, power generation, minerals, water treatment, food & beverages, HVAC-R, paper, discrete manufacturing, and others. The oil & gas segment is forecasted to reach USD 122.7 million by 2029, with a CAGR of 2.8% from 2024 to 2029. Additionally, the revenue from the food & beverages segment is anticipated to grow at a CAGR of 3.9% and reach USD 69.8 million by 2029.

Key players in the North America medium-voltage electric drives market include Rockwell Automation, Inc., ABB, Ltd., Siemens AG, Danfoss A/S, Schneider Electric SE, Nidec Corporation, Yaskawa Electric Corporation, WEG SA, and others. These top 10 market players collectively held a total share of over 90% in 2022.

This study aims to analyze the North America 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: USA, Canada, and Mexico.

Table of Contents

50 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. North America 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. North America Medium-Voltage Electric Drives Market by End-User
Part 6. North America Medium-Voltage Electric Drives Market by Region
Part 7. Competitive Analysis
Competition Overview
Rockwell Automation, Inc.
Business Overview
Contact Information
ABB, Ltd.
Business Overview
Contact Information
Siemens AG
Business Overview
Contact Information
Danfoss A/S
Business Overview
Contact Information
Schneider Electric SE
Business Overview
Contact Information
Nidec Corporation
Business Overview
Small Precision Motors
Contact Information
Yaskawa Electric Corporation
Business Overview
Contact Information
WEG SA
Business Overview
Contact Information
Disclaimer
FIGURES AND TABLES
North America Medium-Voltage Electric Drives Market, Net Growth, 2020-2029 (USD Million)
North America Medium-Voltage Electric Drives Market by Product Type, 2020-2029 (USD Million)
North America Medium-Voltage Electric Drives Market by Product Type, CAGR Historic and Forecast, 2020-2029
North America Medium-Voltage AC Electric Drives Market by End-User, 2020-2029 (USD Million)
North America Medium-Voltage AC Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
North America Medium-Voltage DC Electric Drives Market by End-User, 2020-2029 (USD Million)
North America Medium-Voltage DC Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
North America Medium-Voltage Electric Drives Market by End-User, 2020-2029 (USD Million)
North America Medium-Voltage Electric Drives Market by End-User, CAGR Historic and Forecast, 2020-2029
North America Medium-Voltage Electric Drives Market Share by Country, 2023
North America Medium-Voltage Electric Drives Market Share (%) by Competitors, 2022
Rockwell Automation, Inc. Financial Overview (USD Million)
Rockwell Automation, Inc. Revenue, by Segment, 2023
Rockwell Automation, Inc. Revenue, by Type, 2023
Rockwell Automation, Inc. Revenue, by Region, 2023
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
Schneider Electric SE Financial Overview (EUR Million)
Schneider Electric SE Revenue, by Segment, 2022
Nidec Corporation Financial Overview (JPY Billion)
Nidec Corporation Revenue, by Segment, 2023
Nidec Corporation Revenue, by Region, 2023
Nidec Corporation Small Precision Motors Revenue (JPY Billion)
Yaskawa Electric Corporation Financial Overview (JPY Million)
Yaskawa Electric Corporation Revenue, by Segment, 2023
Yaskawa Electric Corporation Revenue, by Region, 2023
WEG SA Financial Overview (BRL Million)
WEG SA Revenue, by Region, 2022
WEG SA Domestic Market Revenue, by Segment, 2022
WEG SA International Market Revenue, by Region, 2022

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