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World DC Drives Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773101
DC drive is defined as an electric device, which is used for controlling the speed of DC motors by adjusting the input voltage or amperage or both. Reduction in operational cost savings and increasing the shelf life of electric equipment such as DC motors are the prime factors that have necessitated the application of DC Drives.

Rapid urbanization & increasing pace of industrialization are the key factors boosting the growth of the DC drives market. The high cost of DC technology is a key factor that hampers the growth of this factor. The need for attaining energy efficiency offers ample growth opportunities to this markets growth. The DC drives market faces stiff competition from DC Drives which forms a key market challenge

The report segments the market on the basis of voltage, power rating, end-use industries and region. On the basis of voltage, the market is segmented into low voltage & medium voltage. On the basis of applications, the market is segmented into pumps, fans, compressors, conveyors, extruders among other applications. On the basis of end-use industry, the DC Drives market is segmented into oil & gas, power generation, water & wastewater, building automation, food & beverage, metals & mining, chemicals & petrochemicals among other industries. On the basis of power rating the market is segmented into low power drives, medium power drives and high power drives. On the basis of region, the market is segmented into Asia-Pacific, Europe, North America Middle East & Africa and South America. Each of these regions is segmented into voltage, power rating (kW), end-use industry and countries.

Prominent companies operating in this market are 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. and Ge Power Conversion.

KEY MARKET SEGMENTS:

The report provides a comprehensive analysis of current & future market trends, key market challenges and emerging avenues for the growth of the market globally.
The report offers an extensive analysis of government regulations related to commercial drones in different countries and its impact on their adoption rate in these countries.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
The report analyses the top impacting factors in detail and offers adoption rate analysis of the market on the basis of different segment across different countries.
Porters Five Forces analysis is offered in the report along with highlighting bargaining power of buyers and suppliers.
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
The report offers information on the status of new projects along with offering investment feasibility analysis.

DC DRIVES MARKET KEY SEGMENTS:

Market By Voltage

Low Voltage
Medium Voltage

Market By End-Use Industry

Oil & Gas
Power Generation
Water & Wastewater
Building Automation
Food & Beverage
Metals & Mining
Chemicals & Petrochemicals
Other Industries

Market By Power Rating (kW)

Low Power Drives
Medium Power Drives
High Power Drives

Market By Region

Asia-Pacific

By Voltage
By Power Rating (Kw)
By End-Use Industry
By Country

Europe

By Voltage
By Application
By Power Rating (Kw)
By End-Use Industry
By Country

North America

By Voltage
By Power Rating (Kw)
By End-Use Industry
By Country

Middle East & Africa

By Voltage
By Power Rating (Kw)
By End-Use Industry
By Country

South America

By Voltage
By Power Rating (Kw)
By End-Use Indus

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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