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The low harmonic drives market is forecasted to grow by USD 3.79 billion during 2023-2028, accelerating at a CAGR of 6% during the forecast period. The report on the low harmonic drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent regulatory standards for energy efficiency, rapid industrial growth in emerging economies, and increasing demand for energy efficiency in end-user industries.
The low harmonic drives market is segmented as below:
By Type
- Low voltage drives
- Medium voltage drives
By End-user
- Oil and gas
- Food and beverage
- Water and wastewater treatment
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the low harmonic drives market covers the following areas:
- Low Harmonic Drives Market sizing
- Low Harmonic Drives Market forecast
- Low Harmonic Drives Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global low harmonic drives market: ABB Ltd., Cone Drive, Danfoss AS, Delta Electronics Inc., Eaton Corp plc, Fuji Electric Co. Ltd., Harmonic Drive LLC, Invertek Drives Ltd, KEB America Inc., Mitsubishi Electric Corp., Nidec Corp., OJ Electronics AS, OMRON Corp., Rockwell Automation Inc., Sango Automation Ltd, Schneider Electric SE, Siemens AG, WEG S.A, and Yaskawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus of vendors on new product launches."
According to the report, one of the major drivers for this market is the stringent regulatory standards for energy efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Cone Drive
- Danfoss AS
- Delta Electronics Inc.
- Eaton Corp plc
- Fuji Electric Co. Ltd.
- Harmonic Drive LLC
- Invertek Drives Ltd
- KEB America Inc.
- Mitsubishi Electric Corp.
- Nidec Corp.
- OJ Electronics AS
- OMRON Corp.
- Rockwell Automation Inc.
- Sango Automation Ltd
- Schneider Electric SE
- Siemens AG
- WEG S.A
- Yaskawa Electric Corp.
