ARCHITECTURE LOW VOLTAGE AC DRIVES MARKET

INTRODUCTION

An electrical motor's speed is controlled by an AC drive, which improves process control. lessen energy use, and efficiently produce energy. reduce mechanical stress on applications involving motor control.

These drives are ideal for numerous motor control applications, such as pumps, fans, and conveyors. Architecture-class AC Drives provide affordable solutions for a variety of international applications. This general-purpose class of drives is time-saving and user-friendly, and it comes in a small package to maximize panel space and application variety.

Low voltage AC drives include built-in capabilities to modify the speed and torque of regular AC motors. AC drives replace the use of DC and slip-ring motors along with associated control systems.

ARCHITECTURE LOW VOLTAGE AC DRIVES MARKETSIZE AND FORECAST

 The Global Architecture Low Voltage AC Drives market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

ARCHITECTURE LOW VOLTAGE AC DRIVES MARKETNEW PRODUCT LAUNCH

When general purpose applications with safety features are needed, PowerFlex 753 AC Drives are affordable and simple to operate. They already have built-in I/O as a standard feature, which is perfect for machine makers and system integrators who want to cut engineering costs, get equipment to market more quickly, and satisfy end users' demand for more productive machines.

For low-power applications where space is at a premium, pick drives that are size-optimised. Flexible and affordable ways to use EtherNet/IP networks are provided by the Dual-port EtherNet/IPTM Option Module.

The PowerFlex 755 AC Drives offer great performance, application versatility, and ease of use. They come with a variety of hardware and control choices as well as optional inbuilt safety features.

Pumps, fans, and conveyors are just a few of the many motor control applications that these drives are ideal for. These drives can be connected to the same network as Kinetix drives using Integrated Motion on EtherNet/IPTM.

For fault tolerant connectivity and high drive availability, a Dual-port EtherNet/IPTM Option Module enables ring, linear, and star topologies in addition to Device Level Ring (DLR) capability.

ARCHITECTURE LOW VOLTAGE AC DRIVESMARKET DYNAMICS

In both low and high power applications, low voltage drives are frequently integrated to control the torque and speed of AC motors. The business situation will spread as a result of the low price, simple availability, and small size coupled with the ability to increase process productivity throughout industrial processes. Additionally, the need for highly efficient systems and significant energy savings will hasten the product landscape.

Due to interruptions in the logistics of the supply chain and the temporary shutdown of manufacturing facilities, the COVID-19 epidemic has had a minimal effect on the market for low voltage drives. The strict restrictions used by regional governments to restrict international trade and enforce national lockdowns have had a negative impact on consumer demand.

The dynamics of the industry have been somewhat counterbalanced by the leading companies' adoption of new combat strategies and their increased attention to the emergency sector, which includes healthcare institutions.

Due to the rapidly increasing investments in both the private and public sectors, it is anticipated that the market for low power range drives will increase. Additionally, the industry scenario will be improved by the growing integration of renewable energy networks and the rising demand for energy efficiency in the construction of contemporary infrastructure.

The market potential will also increase due to rapid urbanisation and a growing propensity for optimal electricity use. The market for low voltage drives under 500 kW is expected to grow as a result of the oil and gas industry's growing acceptance of dependable, high-performance drives.

Product penetration will be aided by straightforward installations, controlled module choices, and an increase in the installation of systems that can regulate frequency variations for a set period of time. The industrial need will also be fueled by the expanding use of energy-efficient systems in the food processing, pulp & paper, power generation, textile, and mining & metals industries as well as the booming automobile sector.

The servo drives market is predicted to grow significantly due to increased consumer interest in renewable energy sources and the ongoing release of cutting-edge devices with sophisticated automation capabilities.

ARCHITECTURE LOW VOLTAGE AC DRIVES MARKETCOMPANY PROFILE

• Mitsubishi Electric Corporation,
• ABB
• Siemens
• Beckhoff Automation
• Emerson Electric Co
• Eaton
• Hitachi Ltd
• Johnson Controls
• NIDEC CORPORATION
• Honeywell International Inc
•  Bosch Rexroth AG

THISARCHITECTURE LOW VOLTAGE AC DRIVES MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Architecture Low Voltage AC Drives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Architecture Low Voltage AC Drives and key vendor selection criteria
3. Where are the Architecture Low Voltage AC Drives manufactured? What is the average margin per unit?
4. Market share of Global Architecture Low Voltage AC Drives market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Architecture Low Voltage AC Drives in-house
6. key predictions for next 5 years in Global Architecture Low Voltage AC Drives market
7. Average B-2-B Architecture Low Voltage AC Drives market price in all segments
8. Latest trends in Architecture Low Voltage AC Drives market, by every market segment
9. The market size (both volume and value) of the Architecture Low Voltage AC Drives market in 2024-2030 and every year in between?
10. Production breakup of Architecture Low Voltage AC Drives market, by suppliers and their OEM relationship