Global Low Harmonic Drives Market 2017-2021

  • ID: 4255076
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Danfoss
  • Eaton
  • Rockwell Automation
  • Schneider Electric.
  • MORE
Low harmonic drives are devices that are used to reduce harmonic distortions in current systems. Harmonic distortions in electric power systems are due to nonlinear electric loads, which is a major reason for frequency power quality problems.

The analysts forecast the global Low Harmonic Drives market to grow at a CAGR of 4.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global low harmonic drives market for 2017-2021. To calculate the market size, the report considers the new installations, retrofit, replacement and services market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

This report, Global Low Harmonic Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

- ABB
- Danfoss
- Eaton
- Rockwell Automation
- Schneider Electric

Market drivers:

- High demand for energy-efficient products

- For a full, detailed list, view the full report

Market challenges:

- High switching costs for end-users
- For a full, detailed list, view the full report

Market trends:

- Regulations on energy efficiency and growing concern for renewable energy
- For a full, detailed list, view the full report

Key questions answered in this report:

- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB
  • Danfoss
  • Eaton
  • Rockwell Automation
  • Schneider Electric.
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Market outline
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by product
  • Market overview
  • Global low harmonic drives market by low voltage drives
  • Global low harmonic drives market by medium voltage drives
Part 07: Market segmentation by end-user
  • Market overview
  • Global low harmonic drives market in oil and gas industry
  • Global low harmonic drives market in food and beverage industry
  • Global low harmonic drives market in water and wastewater treatment industry
  • Global low harmonic drives market in mining industry
  • Global low harmonic drives market in HVAC sector
  • Global low harmonic drives market in others industry
Part 08: Geographical segmentation
  • Market overview
  • Low harmonic drives market in EMEA
  • Low harmonic drives market in APAC
  • Low harmonic drives market in the Americas
Part 09: Decision framework

Part 10: Drivers and challenges
  • Market drivers
  • Market challenges
Part 11: Market trends

Part 12: Vendor landscape
  • Competition review
  • Competition analysis
  • ABB
  • Danfoss
  • Eaton
  • Rockwell Automation
  • Schneider Electric
Part 13: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Equipment prone to harmonic distortions
Exhibit 02: Effects of harmonic distortions
Exhibit 03: Value chain analysis
Exhibit 04: Key stakeholders in the global low harmonic drives market
Exhibit 05: Global low harmonic drives market segmentation
Exhibit 06: Global low harmonic drives market 2016-2021 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global low harmonic drives market segmentation by product
Exhibit 09: Global low harmonic drives market by type 2016 and 2021 (%)
Exhibit 10: Global low harmonic drives market by low voltage drives 2016-2021 ($ billions)
Exhibit 11: Global low harmonic drives market by medium voltage drives 2016-2021 ($ billions)
Exhibit 12: Global low harmonic drives market segmentation by end-users
Exhibit 13: Global low harmonic drives market by end-users 2016 and 2021 (%)
Exhibit 14: Global low harmonic drives market in the oil and gas industry 2016-2021 ($ millions)
Exhibit 15: Global low harmonic drives market in the food and beverage industry 2016-2021 ($ millions)
Exhibit 16: Global low harmonic drives market in the water and wastewater treatment industry 2016-2021 ($ millions)
Exhibit 17: Global low harmonic drives market in the mining industry 2016-2021 ($ millions)
Exhibit 18: Global low harmonic drives market in the HVAC sector 2016-2021 ($ millions)
Exhibit 19: Global low harmonic drives market in others industry 2016-2021 ($ millions)
Exhibit 20: Global low harmonic drives market by geography 2016 and 2021 (%)
Exhibit 21: Low harmonic drives market in EMEA 2016-2021 ($ billions)
Exhibit 22: Key power projects in European countries
Exhibit 23: Low harmonic drives market in APAC 2016-2021 ($ billions)
Exhibit 24: Key investments in the oil and gas industry in APAC
Exhibit 25: Low harmonic drives market in the Americas 2016-2021 ($ billions)
Exhibit 26: Key power projects in Brazil and Mexico
Exhibit 27: Share of energy utilization by equipment in various industries
Exhibit 28: Total harmonic distortion voltage (THDV) level
Exhibit 29: Prominent vendors in the global low harmonic drives market
Exhibit 30: Other prominent vendors
Exhibit 31: ABB: Business verticals
Exhibit 32: ABB: Industries served
Exhibit 33: ABB: Product offerings
Exhibit 34: Danfoss: Industries served
Exhibit 35: Danfoss: Products manufactured in the global low harmonic drives market
Exhibit 36: Eaton: Business segmentation
Exhibit 37: Eaton: Products manufactured in the global low harmonic drives market
Exhibit 38: Rockwell Automation: Business segmentation
Exhibit 39: Rockwell Automation: Products manufactured in the global low harmonic drives market
Exhibit 40: Schneider Electric: Products manufactured in the global low harmonic drives market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Danfoss
  • Eaton
  • Rockwell Automation
  • Schneider Electric.
  • MORE
New Research Report - Global Low Harmonic Drives Market 2017-2021

The following companies are recognised as the key players in the global low harmonic drives market: ABB, Danfoss, Eaton, Rockwell Automation, and Schneider Electric.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is regulations on energy efficiency and growing concern for renewable energy. Resources available for industries in the world are limited with most governments stringent about the use of resources and their impact on environment. Consumers are motivated to utilize products that conform to an environmental-friendly production process.”

According to the report, one of the major drivers for this market is high demand for energy-efficient products. The global low harmonic drives market is fueled by the strong demand for energy-efficient products and technologies in industrial set-ups. Various compliances laid down by regulatory bodies such as adherence to the use of higher energy-efficient motors are pushing end-users to opt for such technologies that help them optimize the operations along with energy efficiency. The importance of energy-efficient drives has gained a significant momentum over the last decade.

Further, the report states that one of the major factors hindering the growth of this market is high switching costs for end-users. Though low harmonic drives generate a better ROI in a longer duration, the adoption process involves end-users to invest in substantial amounts. The switching cost can come out to be higher and acts as a major obstacle for end-users to implement these drives in their production capacities. Higher switching cost can adversely impact the overall product output while regular maintenance or repair activity also hampers the daily production schedule in industries. As harmonic reduction is an integral part of the production process in industries, replacement of low harmonic drives may lead to serious implications for the related production line. These factors tend to prevent end-users from wide scale deployment of medium voltage low harmonic drives in their production/manufacturing facilities.

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.
Note: Product cover images may vary from those shown
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  • ABB
  • Danfoss
  • Eaton
  • Rockwell Automation
  • Schneider Electric.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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