Global Medium Voltage Drives Market 2024-2030

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    MEDIUM VOLTAGE DRIVES MARKET

     

    INTRODUCTION

    Both current source inverter and voltage source inverter types are available for medium voltage drives, while VSI versions are more common due to their high dependability and low harmonic distortion. This arrangement of AC drives is known as a medium voltage multilevel voltage source PWM drive. Remember that inverters convert DC power to AC power and then convert it back at the necessary frequency and voltage.

     

    The output of the inverter is referred to as “multi-level,” and PWM, or pulse-width modulation, shifts the DC voltages to produce AC power. Instead of simply two voltages, as with a standard 2-level inverter, the inverter in the multi-level design uses numerous DC voltages to create the AC waveform. It is hence almost sinusoidal in nature. As a result, it is possible to lower the PWM switching frequency and lower the dV/dt, both of which lower harmonics.

     

    The multi-phase transformer used on the front end of the majority of medium voltage AC drives works in tandem with the multi-level inverter to lessen harmonics. An active front end may also be employed for applications with extremely dynamic loads. By tracking the harmonic level and dynamically filtering the waveform to offer damping, the active front end lowers harmonics on the line side.

     

    Medium Voltage AC Drives for precise speed and torque control and dependable performance. designed to suit a wide range of industry requirements for general-purpose and specialised variable and constant torque applications, including centrifugal fans, pumps, conveyors, and mills.

     

    MEDIUM VOLTAGE DRIVES MARKET SIZE AND FORECAST

     

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

     

    The Global medium voltage drives market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    MEDIUM VOLTAGE DRIVES MARKET RECENT DEVELOPMENT

    The new VACON1000 medium-voltage drive is made available by Danfoss.a little addition to Danfoss’ line of adaptable, modular medium-voltage drivers The new VACON 1000 medium-voltage drive has helped Danfoss Drives, a pioneer in AC drive technology, diversify its offering of medium-voltage solutions.

     

    The VACON 1000 air-cooled MV drive is the top option for industrial medium-voltage general purpose applications, especially for variable torque loads like pumps and fans, thanks to Danfoss’ unmatched competence in cutting-edge AC drive technologies. The VACON 1000, which is available in voltage ranges from, has the smallest footprint of any air-cooled medium-voltage drive available below 215 A.

     

    While its modular architecture assures simple spare parts management and maintenance, its stand-alone design enables easy and safe installation and quick commissioning. The VACON 1000 complies with worldwide medium-voltage drive safety criteria and appropriate IEC and UL standards. As the globe looks for ways to quickly and shrewdly reduce energy usage, energy efficiency is a critical lever.

     

    According to studies, adding variable speed drives in all appropriate pump, fan, and compressor applications might cut energy usage by up to 8%, according to Dan Isaksson, head of medium-voltage drives at Danfoss Drives. The VACON air-cooled medium-voltage variable speed drive from Danfoss is perfectly suited for these applications and complements the VACON liquid-cooled medium-voltage drive as well as the company’s extensive selection of low-voltage drives, giving users of variable speed drives the option to select the company’s medium-voltage drive products that are the best fit for their needs.

     

    MEDIUM VOLTAGE DRIVES MARKET NEW PRODUCT LAUNCH

     

    ABB has introduced a medium-voltage VFD (Variable-frequency Drive) with a rated capacity of 400 to 1,000kV and a voltage of up to 6.9kV, which is appropriate for a variety of applications without additional engineering design. The air-cooled ACS2000 VFD (Variable-frequency Drive) is specifically utilised in the cement, mining, metallurgy, pulp and paper, water, electric power, chemical, oil and gas sectors for fans, pumps, compressors, and other public applications.

     

    Innovative technologies are incorporated into the ACS2000 VFD (Variable-frequency Drive) to address industry difficulties including the need for adaptable power supply connections, lower harmonics, lower energy consumption, static var compensation, and simple installation and commissioning. Depending on the user’s preference and installed equipment, the ACS2000 VFD (Variable-frequency Drive) may not utilise an input isolation transformer and instead permits direct connection to the power supply (direct grid connection) or it may be linked to an input isolation transformer.

     

    Due to the lack of a transformer required in the direct grid connection arrangement, consumers can take advantage of cheaper investment costs. The ACS2000 VFD (Variable-frequency Drive) has a compact design, is less in weight, requires less space in the electrical room, and has lower transportation expenses than other VFDs (Variable-frequency Drives) that need transformers.

     

    The speed-controlled standard induction motor retrofit projects are appropriate for the ACS2000 for direct connection to the 6.0–6.9kV grid due to its small design. An input transformer is necessary for applications that call for voltage matching or electrical isolation of the power source, and the ACS2000 VFD (Variable-frequency Drive) can be linked to a traditional double-winding oil-immersed or dry-type input isolation transformer.

     

    Reactive power compensation and four-quadrant operation are further advantages of integrating active front-end (AFE) technology, which helps reduce grid-side harmonics without the use of expensive, dedicated transformers. In accordance with various standards, AFE satisfies the requirements for current and voltage harmonics and offers the features of low harmonics. It is no longer necessary to install line-side filters or do harmonic analysis.

     

    The ACS2000 VFD control platform makes use of ABB’s highly regarded DTC platform, which may deliver the highest torque and speed performance and the lowest loss ever seen in a medium-voltage AC VFD (Variable-frequency Drive). Under all circumstances, VFD (Variable-frequency Drive) control is swift and fluid. The ACS2000 has a very low total investment cost over the course of its life due to its adaptable power supply connections, reduced harmonics and energy usage, simple installation and commissioning, and higher dependability.

     

    The ACS2000 VFD (Variable-frequency Drive) is compatible with common motors and cables because it utilises a patented, IGBT-based multi-level design that is based on the VSI topology from ABB. This design also produces nearly sinusoidal current and voltage waveforms.

     

    COMPANY PROFILED IN MEDIUM VOLTAGE DRIVES MARKET

     

    THIS MEDIUM VOLTAGE DRIVES MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many medium voltage drives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global medium voltage drives and key vendor selection criteria
    3. Where are the medium voltage drives manufactured? What is the average margin per unit?
    4. Market share of Global medium voltage drives market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global medium voltage drives in-house
    6. 5 key predictions for next 5 years in Global medium voltage drives market
    7. Average B-2-B medium voltage drives market price in all segments
    8. Latest trends in medium voltage drives market, by every market segment
    9. The market size (both volume and value) of the medium voltage drives market in 2024-2030 and every year in between?
    10.  Production breakup of medium voltage 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, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    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, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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