DC Drives Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
DC Drives Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
ID : MRI68921 | Date : Apr, 2021 | Pages :
182 | Region : Global |
Publisher : RI
A DC drive is an electrical device used to regulate the speed of a DC motor by controlling the input voltage and/or amperage to the DC motor. It also rectifies the AC power input into DC feed for the motors. Its primary advantages are increased energy savings and reduced motor wear. It is majorly used for variable torque application in industries such as oil & gas, water & wastewater, and mining.
Global DC drives market has been segmented based on voltage into low and medium voltage DC drives. The market has also been segmented based on power ratings into low, medium, and high power DC drives. The major end-use industries covered into this report are oil & gas, water & wastewater, power generation, building automation, food & beverages, metals & mining, chemicals & petrochemicals, and others, where others include cement, chemical, and pulp & paper. The regions considered in this report are Asia-Pacific, North America, Europe, Middle East & Africa, and South America. Information regarding the key countries in each region, such as the U.S., Canada, Mexico, China, India, Japan, Australia, Germany, the U.K., Russia, France, Brazil, Saudi Arabia, UAE, and South Africa, among others has also been included in this report.
The DC Drives Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of DC Drives industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading DC Drives by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global DC Drives market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global DC Drives market for 2015-2027.
Key Companies
ABB Ltd.
Siemens AG
Schneider Electric Se
Rockwell Automation
Mitsubishi Electric Corporation
Crompton Greaves Limited
Toshiba International Corporation Ltd.
Danfoss Group
Parker Hannifin Co.
Emerson Electric Co.
American Electric Technologies Inc.
GE Power Conversion
KB Electronics
DC Drives Market by Type
Low Voltage DC Drives
Medium Voltage DC Drives
DC Drives Market by Application
Low Power Drives
Medium Power Drives
High Power Drives
DC Drives Market by Region
United States
Europe
China
Japan
Other Regions
DC Drives Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify DC Drives according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the DC Drives market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the DC Drives market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the DC Drives market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the DC Drives market for the forecast period 2021 - 2027?
• What are the driving forces in the DC Drives market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the DC Drives industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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