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Low Voltage Drives - Global Strategic Business Report

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    Report

  • 480 Pages
  • April 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6070267
The global market for Low Voltage Drives was estimated at US$38.6 Billion in 2024 and is projected to reach US$45.0 Billion by 2030, growing at a CAGR of 2.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Low Voltage Drives market.

Global Low Voltage Drives Market - Key Trends & Drivers Summarized

Why Are Low Voltage Drives Becoming Indispensable in Modern Industrial Systems?

Low voltage drives (LVDs) are increasingly forming the backbone of numerous industrial applications due to their crucial role in controlling the speed and torque of electric motors. These drives, typically designed for motors rated up to 690V, are pivotal in enhancing energy efficiency, process control, and overall equipment longevity. With the surge in automation across various sectors - such as manufacturing, automotive, water treatment, food processing, and HVAC systems - the adoption of low voltage drives has seen an exponential increase. The drive for energy conservation, propelled by rising energy costs and stringent regulatory mandates around emissions and sustainability, has cemented LVDs as a strategic investment for businesses aiming for long-term operational efficiency. Additionally, industries are facing heightened pressure to modernize aging infrastructure, pushing demand for technologically advanced, compact, and easily integrated drive systems that can seamlessly connect with IoT-enabled environments. The modern low voltage drive is no longer just a tool for motor control; it`s now a data-enabled, programmable asset that plays a central role in predictive maintenance, fault diagnostics, and dynamic load management. As energy audits and lifecycle cost analyses become standard practice in industrial operations, low voltage drives are becoming non-negotiable in capital expenditure planning, particularly in energy-intensive sectors.

What Role Does Digitalization Play in Reshaping the Market Landscape for Low Voltage Drives?

The digital transformation of industries has significantly influenced the low voltage drives market, unlocking unprecedented levels of process optimization and cost reduction. Today’s smart drives are embedded with advanced communication protocols - such as EtherNet/IP, Modbus, and PROFINET - enabling seamless data exchange across enterprise systems. This integration allows real-time monitoring of drive parameters, which is instrumental for predictive maintenance strategies and remote diagnostics. The rise of Industry 4.0, emphasizing smart manufacturing and interconnected assets, has led to a substantial uptick in the use of digital twin technology, AI-driven analytics, and edge computing in low voltage drive systems. These drives now offer self-optimizing capabilities, learning from operating environments to adapt their performance accordingly. This digital leap has not only expanded the functional scope of LVDs but also reshaped buying behavior, with end-users prioritizing intelligent drives that support cloud platforms and cybersecurity standards. As OEMs and system integrators continue to align with digitally-native frameworks, the demand for plug-and-play, highly configurable LVDs that can fit into modular production lines has soared. Emerging technologies such as 5G connectivity are further expected to redefine the operational boundaries of these drives, opening avenues for their application in remote, hazardous, or dynamically changing environments.

How Are Shifts in End-Use Industries Fueling Technological Innovations in Drives?

End-use industry transformations are directly influencing the design, functionality, and deployment of low voltage drives. In the automotive sector, for instance, the move towards electric vehicle (EV) manufacturing and the automation of assembly lines are necessitating precision-controlled, energy-efficient motors, thereby elevating the role of LVDs. Similarly, in the oil and gas industry, where explosive atmospheres demand high safety standards, there is growing interest in ATEX-certified drives that can operate under extreme environmental stress while offering granular control. The construction sector, driven by rapid urbanization in emerging markets, has also emerged as a strong adopter of LVDs for use in elevators, HVAC systems, and power tools. Furthermore, the water and wastewater treatment industry - facing rising demand for efficient water management infrastructure - is leveraging LVDs for optimized pump control and energy savings. In the food and beverage segment, hygiene and process control standards have sparked demand for washdown-capable, corrosion-resistant LVDs. Even the renewable energy sector is adopting low voltage drives in wind turbines and solar panel tracking systems to enhance power conversion efficiency. These varied use cases are propelling manufacturers to diversify their portfolios with application-specific models featuring built-in protections, easy commissioning tools, and adaptive feedback mechanisms tailored to each vertical’s requirements.

What Are the True Catalysts Behind the Surging Global Demand for Low Voltage Drives?

The growth in the low voltage drives market is driven by several factors that span technology evolution, changing industrial priorities, and shifting consumer demands. One of the primary drivers is the accelerating trend of industrial automation and smart factory implementation, compelling enterprises to integrate intelligent motor control solutions for improved productivity and cost efficiency. The increasing need to reduce energy consumption and carbon footprints in accordance with global climate goals has also prompted heavy investments in variable frequency drives (VFDs) as a standard energy-saving tool. Government mandates around energy-efficient building codes and industrial processes - particularly in the EU, China, and North America - are reinforcing this trend. Rapid urbanization and infrastructure development in Asia-Pacific, Latin America, and the Middle East are driving demand for HVAC, water treatment, and automated transport systems, all of which rely heavily on LVDs for optimal performance. The proliferation of electric vehicles and the transition towards electrified manufacturing processes are further bolstering demand for advanced motor control solutions. Additionally, the increasing awareness and adoption of condition-based monitoring and predictive maintenance strategies are enhancing the appeal of LVDs with real-time analytics and smart feedback. Lastly, evolving consumer expectations for sustainable, digital-ready industrial solutions are pushing manufacturers to innovate, making low voltage drives more compact, efficient, and intelligent than ever before.

Report Scope

The report analyzes the Low Voltage Drives market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Capacity (2.2 kW, 2.2 - 7.5 kW, 7.5 kW - 22 kW, 22 kW - 75 kW, 75 kW - 110 kW, 110 kW - 500 kW, Above 500 kW); Drive (DC, Servo); Technology (Standard, Regenerative); System (Open loop, Closed loop)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the 2.2 kW segment, which is expected to reach US$12.0 Billion by 2030 with a CAGR of a 1.8%. The 2.2 - 7.5 kW segment is also set to grow at 2.8% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $10.5 Billion in 2024, and China, forecasted to grow at an impressive 4.8% CAGR to reach $8.6 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 Low Voltage 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 Low Voltage 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 Low Voltage 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 2024 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 players such as ABB Ltd., Benshaw Inc., Danfoss A/S, Eaton Corporation plc, Emerson Electric Co. and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 48 Featured):

  • ABB Ltd.
  • Benshaw Inc.
  • Danfoss A/S
  • Eaton Corporation plc
  • Emerson Electric Co.
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Hitachi Hi-Rel Power Electronics Private Limited
  • Infineon Technologies AG
  • Johnson Controls International plc
  • KEB Automation KG
  • Mitsubishi Electric Corporation
  • Nidec Corporation
  • Parker Hannifin Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • TECO-Westinghouse Motor Company
  • TMEIC Corporation
  • Yaskawa Electric Corporation

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

  • Tariff-adjusted market forecasts by region and segment
  • Analysis of cost and supply chain implications by sourcing and trade exposure
  • Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

  • Finalized tariff impacts and new trade agreement effects
  • Updated projections reflecting global sourcing and cost shifts
  • Expanded country-specific coverage across the industry

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Tariff Impact on Global Supply Chain Patterns
  • Low Voltage 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
  • Surge in Industrial Automation Across Manufacturing Sectors Propels Demand for Low Voltage Drives
  • Growing Emphasis on Energy Efficiency Standards Strengthens Business Case for Variable Speed Drives
  • Rising Adoption of Smart Grids and Intelligent Power Distribution Systems Drives Market Expansion
  • Decarbonization Goals Across Industries Generate Demand for High-Efficiency Motor Control Solutions
  • Proliferation of Industrial IoT Ecosystems Accelerates Demand for Digitally Connected Drive Systems
  • Rising Electricity Prices Spur Growth in Demand for Energy-Saving Motor Drive Technologies
  • Government Incentives for Energy-Efficient Equipment Bolster Adoption of Low Voltage Drives
  • Shift Towards Predictive Maintenance and Asset Optimization Drives Integration of Intelligent Drive Features
  • Rapid Expansion of Infrastructure Projects in Emerging Markets Expands Addressable Market Opportunity
  • Growth of HVAC and Building Automation Systems Spurs Demand for Low Voltage Drives in Commercial Applications
  • Increasing Automation in Water and Wastewater Treatment Plants Drives Adoption of Drives for Pump Control
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Low Voltage Drives Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Low Voltage 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 2024 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Low Voltage 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 2015 through 2023 and % CAGR
  • TABLE 4: World 15-Year Perspective for Low Voltage 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 2015, 2025 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for 2.2 kW 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 2024 through 2030 and % CAGR
  • TABLE 6: World Historic Review for 2.2 kW 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 2015 through 2023 and % CAGR
  • TABLE 7: World 15-Year Perspective for 2.2 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for 2.2 - 7.5 kW 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 2024 through 2030 and % CAGR
  • TABLE 9: World Historic Review for 2.2 - 7.5 kW 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 2015 through 2023 and % CAGR
  • TABLE 10: World 15-Year Perspective for 2.2 - 7.5 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for 7.5 kW - 22 kW 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 2024 through 2030 and % CAGR
  • TABLE 12: World Historic Review for 7.5 kW - 22 kW 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 2015 through 2023 and % CAGR
  • TABLE 13: World 15-Year Perspective for 7.5 kW - 22 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for 22 kW - 75 kW 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 2024 through 2030 and % CAGR
  • TABLE 15: World Historic Review for 22 kW - 75 kW 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 2015 through 2023 and % CAGR
  • TABLE 16: World 15-Year Perspective for 22 kW - 75 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for 75 kW - 110 kW 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 2024 through 2030 and % CAGR
  • TABLE 18: World Historic Review for 75 kW - 110 kW 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 2015 through 2023 and % CAGR
  • TABLE 19: World 15-Year Perspective for 75 kW - 110 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for 110 kW - 500 kW 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 2024 through 2030 and % CAGR
  • TABLE 21: World Historic Review for 110 kW - 500 kW 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 2015 through 2023 and % CAGR
  • TABLE 22: World 15-Year Perspective for 110 kW - 500 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Above 500 kW 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 2024 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Above 500 kW 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 2015 through 2023 and % CAGR
  • TABLE 25: World 15-Year Perspective for Above 500 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Standard 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 2024 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Standard 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 2015 through 2023 and % CAGR
  • TABLE 28: World 15-Year Perspective for Standard by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Regenerative 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 2024 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Regenerative 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 2015 through 2023 and % CAGR
  • TABLE 31: World 15-Year Perspective for Regenerative by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Open loop 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 2024 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Open loop 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 2015 through 2023 and % CAGR
  • TABLE 34: World 15-Year Perspective for Open loop by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Closed loop 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 2024 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Closed loop 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 2015 through 2023 and % CAGR
  • TABLE 37: World 15-Year Perspective for Closed loop by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 38: World Recent Past, Current & Future Analysis for DC 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 2024 through 2030 and % CAGR
  • TABLE 39: World Historic Review for DC 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 2015 through 2023 and % CAGR
  • TABLE 40: World 15-Year Perspective for DC by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 41: World Recent Past, Current & Future Analysis for Servo 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 2024 through 2030 and % CAGR
  • TABLE 42: World Historic Review for Servo 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 2015 through 2023 and % CAGR
  • TABLE 43: World 15-Year Perspective for Servo by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
  • CANADA
  • JAPAN
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
  • CHINA
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
  • EUROPE
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
  • FRANCE
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
  • GERMANY
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
  • ITALY
  • UNITED KINGDOM
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
  • AUSTRALIA
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
  • INDIA
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Low Voltage Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Benshaw Inc.
  • Danfoss A/S
  • Eaton Corporation plc
  • Emerson Electric Co.
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Hitachi Hi-Rel Power Electronics Private Limited
  • Infineon Technologies AG
  • Johnson Controls International plc
  • KEB Automation KG
  • Mitsubishi Electric Corporation
  • Nidec Corporation
  • Parker Hannifin Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • TECO-Westinghouse Motor Company
  • TMEIC Corporation
  • Yaskawa Electric Corporation

Table Information