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Electric Drives - Global Strategic Business Report

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    Report

  • 406 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 516886
The global market for Electric Drives is estimated at US$26.2 Billion in 2023 and is projected to reach US$36.7 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the electric drives market is driven by several factors. The increasing demand for automation and energy efficiency in industrial processes is a primary driver, as businesses seek to enhance productivity while reducing operational costs. Technological advancements in drive systems, including the adoption of advanced materials and digital technologies, are enhancing performance and reliability, making electric drives more attractive for various applications. The expanding use of electric drives in renewable energy projects, driven by global efforts to reduce carbon emissions and transition to sustainable energy sources, is also contributing to market growth.

Additionally, government regulations and incentives promoting energy-efficient technologies are encouraging the adoption of electric drives across different sectors. The ongoing digital transformation in industries and the push towards smart manufacturing are further propelling the demand for advanced electric drive systems. These factors collectively underscore the robust growth of the electric drives market, highlighting their critical role in the future of industrial automation and energy management.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the AC Drives segment, which is expected to reach US$34.1 Billion by 2030 with a CAGR of a 5.0%. The DC Drives segment is also set to grow at 3.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $6.9 Billion in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach $8.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electric Drives Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Drives Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electric Drives Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB Ltd., Danfoss A/S, Rockwell Automation, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 106 Featured):

  • ABB Ltd.
  • Danfoss A/S
  • Rockwell Automation, Inc.
  • Schneider Electric SA
  • Siemens AG

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Electric Drives - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Energy Efficiency Throws the Spotlight on Electric Drives
  • Advances in Power Electronics Propel Growth in Electric Drive Market
  • Increasing Use in Industrial Automation Expands Addressable Market Opportunity
  • Growing Adoption in Electric Vehicles Generates Demand for High-Performance Drives
  • Technological Innovations in Variable Frequency Drives Drives Adoption
  • Expansion of Renewable Energy Systems Sustains Growth in Electric Drive Market
  • Increasing Focus on Precision Control and Automation Accelerates Market Demand
  • Regulatory Standards for Energy Efficiency and Emission Reduction Spurs Market Growth
  • Integration with IoT and Industry 4.0 Technologies Propels Market Growth for Electric Drives
  • Development of Compact and Lightweight Drives Strengthens Market Potential
  • Growing Demand for HVAC Systems Generates Interest in Efficient Electric Drives
  • Rising Investment in Infrastructure Development Spurs Market Growth
  • Development of Customized Drive Solutions Expands Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Electric Drives Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Electric Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Electric Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Electric Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for AC Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for AC Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for AC Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for DC Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for DC Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for DC Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Process Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Process Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Process Industry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Discrete Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Discrete Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Discrete Industry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 17: USA Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 18: USA Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: USA 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 20: USA Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 21: USA Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: USA 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
CANADA
  • TABLE 23: Canada Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 24: Canada Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: Canada 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 26: Canada Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 27: Canada Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: Canada 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
JAPAN
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 29: Japan Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 30: Japan Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: Japan 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 32: Japan Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 33: Japan Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: Japan 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
CHINA
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 35: China Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 36: China Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 37: China 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 38: China Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 39: China Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 40: China 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
EUROPE
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 41: Europe Recent Past, Current & Future Analysis for Electric Drives by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 42: Europe Historic Review for Electric Drives by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 43: Europe 16-Year Perspective for Electric Drives by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • TABLE 44: Europe Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 45: Europe Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 46: Europe 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 47: Europe Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 48: Europe Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 49: Europe 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
FRANCE
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 50: France Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 51: France Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 52: France 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 53: France Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 54: France Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 55: France 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
GERMANY
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 56: Germany Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 57: Germany Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 58: Germany 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 59: Germany Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 60: Germany Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 61: Germany 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
ITALY
  • TABLE 62: Italy Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 63: Italy Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 64: Italy 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 65: Italy Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 66: Italy Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 67: Italy 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 68: UK Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 69: UK Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 70: UK 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 71: UK Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 72: UK Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 73: UK 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
SPAIN
  • TABLE 74: Spain Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 75: Spain Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 76: Spain 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 77: Spain Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 78: Spain Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 79: Spain 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
RUSSIA
  • TABLE 80: Russia Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 81: Russia Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 82: Russia 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 83: Russia Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 84: Russia Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 85: Russia 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
REST OF EUROPE
  • TABLE 86: Rest of Europe Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 87: Rest of Europe Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 88: Rest of Europe 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 89: Rest of Europe Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 90: Rest of Europe Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 91: Rest of Europe 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 92: Asia-Pacific Recent Past, Current & Future Analysis for Electric Drives by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 93: Asia-Pacific Historic Review for Electric Drives by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 94: Asia-Pacific 16-Year Perspective for Electric Drives by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • TABLE 95: Asia-Pacific Recent Past, Current & Future Analysis for Electric Drives by Product - AC Drives and DC Drives - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 96: Asia-Pacific Historic Review for Electric Drives by Product - AC Drives and DC Drives Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 97: Asia-Pacific 16-Year Perspective for Electric Drives by Product - Percentage Breakdown of Value Sales for AC Drives and DC Drives for the Years 2014, 2024 & 2030
  • TABLE 98: Asia-Pacific Recent Past, Current & Future Analysis for Electric Drives by End-Use - Process Industry and Discrete Industry - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 99: Asia-Pacific Historic Review for Electric Drives by End-Use - Process Industry and Discrete Industry Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 100: Asia-Pacific 16-Year Perspective for Electric Drives by End-Use - Percentage Breakdown of Value Sales for Process Industry and Discrete Industry for the Years 2014, 2024 & 2030
AUSTRALIA
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Electric Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • ABB Ltd.
  • Danfoss A/S
  • Rockwell Automation, Inc.
  • Schneider Electric SA
  • Siemens AG

Table Information