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Global Electric Drives Market 2021-2025Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the electric drives market and it is poised to grow by $ 4.88 mn during 2021-2025, progressing at a CAGR of 4% during the forecast period. The report on electric drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing focus on automating manufacturing processes and stringent regulations mandating use of electric drives. In addition, increasing focus on automating manufacturing processes is anticipated to boost the growth of the market as well.
The electric drives market analysis includes product segment and end-user segment and geographical landscapes.
The electric drives market is segmented as below:
By Product
- AC drives
- DC drives
By End-user
- Process industry
- Discrete industry
By Geographical Landscapes
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the expansion of oil terminals as one of the prime reasons driving the electric drives market growth during the next few years.
The report on electric drives market covers the following areas:
- Electric drives market sizing
- Electric drives market forecast
- Electric drives market industry analysis
The publisher robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric drives market vendors that include ABB Ltd., Danfoss AS, Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., WEG Equipamentos Eletricos SA, and Yaskawa Electric Corp. Also, the electric drives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 publisher 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 research - both primary and secondary. 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 an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global electric drives market: ABB Ltd., Danfoss AS, Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., WEG Equipamentos Eletricos SA, and Yaskawa Electric Corp.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is expansion of oil terminals.'
According to the report, one of the major drivers for this market is the increasing focus on automating manufacturing processes.
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.
- Danfoss AS
- Mitsubishi Electric Corp.
- Nidec Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
- WEG Equipamentos Eletricos SA
- Yaskawa Electric Corp.
