Business Industry

Global Industrial AC Drives Market Size, Share, Trends and Forecast by 2024

MarketResearchNest.com adds “Global Industrial AC Drives Market Growth 2019-2024”new report to its research database.

Industrial AC Drives a power control device that controls the AC motor by changing the working frequency of the motor by applying the frequency conversion technology and the microelectronic technology.

According to this study, over the next five years the Industrial AC Drives market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial AC Drives business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial AC Drives market by product type, application, key manufacturers and key regions and countries.

Scope of Industrial AC Drives: Industrial AC Drives Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities, and trends. The report contains a comprehensive market analysis and vendor landscape in addition to a swot analysis of the key vendors.

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This study considers the Industrial AC Drives value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Below 10 KW
  • 10-100 KW
  • Above 100 KW

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • General Purpose Drives
  • Microdrives
  • Fan and Pump Drives

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • ABB
  • Danfoss
  • GE
  • Magnus Power
  • Siemens
  • Aelco
  • Aplab
  • Avionic Instruments
  • Georator
  • NR Electric
  • Piller
  • Power System and Control
  • Sinepower
  • YASKAWA

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives

  • To study and analyze the global Industrial AC Drives consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Industrial AC Drives market by identifying its various subsegments.
  • Focuses on the key global Industrial AC Drives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Industrial AC Drives with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Industrial AC Drives submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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