Global Low Voltage AC Drives Market 2022-2027

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    GLOBAL LOW VOLTAGE AC DRIVES MARKET

     

    INTRODUCTION

     

    The industry situation will be driven by a growing focus on energy efficiency and increased infrastructure spending. Continuous technical improvements, such as battery-operated motion control devices that assist prompt problem diagnosis and provide efficient work at varying loads and speeds, will increase the use of Low Voltage drives in a wide range of applications.

     

    infographic: Low Voltage AC Drives Market, Low Voltage AC Drives Market Size, Low Voltage AC Drives Market Trends, Low Voltage AC Drives Market Forecast, Low Voltage AC Drives Market Risks, Low Voltage AC Drives Market Report, Low Voltage AC Drives Market Share

     

    The regenerative Low Voltage drive demand will be augmented by network reliability, reduced total maintenance, energy consumption, equipment longevity, energy generation, and supply costs.

     

     

    GLOBAL LOW VOLTAGE AC DRIVES MARKET SIZE AND FORECAST

     

    The Global Low Voltage AC Drives Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

     

     

    GLOBAL LOW VOLTAGE AC DRIVES NEW PRODUCT LAUNCH

    ABB  extensive line of low voltage AC drives to increase the productivity of  processes, enhance energy efficiency, and reduce maintenance costs.

     

    The range of drives covered by the portfolio is extensive. From micro and machinery drives for machine construction to industrial drives for regulating processing lines, industry-specific drives with purpose-built features and capabilities are available.

     

    ABB drives are available from stock or can be custom designed to fulfil specific requirements. Our life cycle services ensure that your systems continue to run smoothly year after year.

     

    Discover Schneider Electric’s variable speed drives, which are tailored to the needs of our customers in certain industries. Altivar is a prominent brand of variable speed drives, including models such as the Altivar 61 Plus, Altivar 312, Altivar 312 Solar, and others. They all have a wide range of applications. We also provide great services to help our customers reduce operational costs and extend the life of their installed base.

     

     

    GLOBAL LOW VOLTAGE AC DRIVES NEW ACQUISITION

     

    Danfoss A/S of Denmark has made an offer for the purchase of Facon Oyj of Finland, which would bring together two of the top ten global suppliers of variable frequency drives. The two businesses’ combined low-voltage drive sales account for almost 10% of the total market value; this is just a little less than the anticipated market shares for ABB and Siemens, the two biggest manufacturers of low-voltage drives worldwide.

     

    Both businesses have a large market share in the EMEA and Asia Pacific areas, as seen by the above graph. In these locations, where only ABB and Siemens have historically contended for the top market share, the combination of the Vacon and Danfoss VFD companies will compete fiercely. The Danfoss press release also praises Vacon’s accomplishments in China, Finland, India, Italy, and the United States.

     

    An AC drives business with the clear objective to establish a leadership position in the AC drives market is anticipated to be created through the merger of the Vacon and Danfoss drive companies, according to a Danfoss.

     

    The acquisition will provide the Danfoss and Vacon drive products a stronger market position, and the newly created drives business that results from the acquisition of Vacon by Danfoss will not resemble its rivals.

     

    ABB and Siemens are able to provide comprehensive system solutions across all power ranges because they develop a significant portion of their drives business along with their sizable share of the integral AC motor industry.

     

    Danfoss, on the other hand, has a very modest market share for standalone motors. However, the new Danfoss and Vacon integration will probably have an impact on the competitive environment in lower power ranges—below 50 kW—due to their large market share in drives combined with motors and end equipment.

     

     

    COMPANY PROFILE

    1. ABB
    2. Schneider Electric
    3. Siemens
    4. General Electric

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per Global Low Voltage AC Drives Market right now and how will it change in next 5-6 years? 
    2. Average cost to set up a Global Low Voltage AC Drives Market in US, Europe and China?
    3. How many Global Low Voltage AC Drives Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally? 
    5. Cost breakup of a Global Low Voltage AC Drives Market and key vendor selection criteria
    6. Where is the Global Low Voltage AC Drives Market manufactured? What is the average margin per equipment?
    7. Market share of Global Low Voltage AC Drives Market manufacturers and their upcoming products
    8. The most important planned Global Low Voltage AC Drives Market in next 2 years
    9. Details on network of major Global Low Voltage AC Drives Market and pricing plans
    10. Cost advantage for OEMs who manufacture Global Low Voltage AC Drives Market in-house
    11. 5 key predictions for next 5 years in Global Low Voltage AC Drives Market
    12. Average B-2-B Global Low Voltage AC Drives Market price in all segments
    13. Latest trends in Global Low Voltage AC Drives Market by every market segment
    14. The market size (both volume and value) of Global Low Voltage AC Drives Market in 2022-2027 and every year in between?
    15. Global production breakup of Global Low Voltage AC Drives Market by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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