AC Drives - Low Voltage

The Low Voltage AC Drives Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

Low voltage AC drives are applied in process and discrete manufacturing industries, commercial buildings, and municipal infrastructure.  They provide speed, motion, and torque control for equipment such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, extruders, and printing and textile machines.  This research covers hardware, software, and services for the low voltage AC drives market, which comprises the micro (<5 kW), low-end (5-40 kW), midrange (>40-200 kW), high-end (>200 kW-600 kW), and mega (>600 kW) power segments.

Low Voltage AC Drives: Global Megatrends and Pent-up Demand Will Reverse the Market Decline

The low voltage AC drives market experienced a decline as demand from industries stumbled due to pandemic-led restricted industrial activities, lockdowns, factory shutdowns, and suppressed orders. 

Low Voltage AC Drives MarketThe demand will recover firmly, supported by pent-up demand and government funding measures in developed as well as developing economies.  Encouraging government responses with effective monetary and fiscal policies will improve global market conditions in manufacturing and capital investments across many industries.  Rising world population demands more capacity for plants producing products and continued need for urban development drives the demand for more infrastructure.  To meet this need, industrial operations must expand capacity and increase productivity, all of which is assisted by the use of low voltage AC drives.  

The market is dominated by ABB, Schneider Electric, Rockwell Automation, Siemens, and Danfoss.  Overall, ARC’s analysis suggests that a broad range of products and solutions clearly enables suppliers to garner defensible leadership positions.

Low Voltage AC Drives Strategic Issues

Low Voltage AC Drives Market TrendsIn addition to providing a five-year market forecast, the low voltage AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Users: Cybersecurity Threats

Even though connected infrastructure is essential, end users and operators are reluctant toward Industrial IoT adoption.  Cybersecurity and perceived loss of intellectual property rights are major threats to the adoption of Industrial IoT.  Suppliers need to take cybersecurity into account and steps to increase safety and analyze how the devices detect and combat threats.

Strategic Issue for Suppliers: Component Shortage Puts a Drag on the AC Drives Market 

Supply chain disruptions on account of the COVID-19 pandemic have created electronics component and semiconductor shortages, which can impact product delivery times, impacting supplier revenues.

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 outbreak has caused disruptions to global supply chains and business operations. While the pandemic impacted the 2020 demand for low voltage AC drives, the market projections do take into account industry trends with ARC’s best estimates for how the COVID-19 pandemic will impact the market in different industry types.  

Low Voltage AC Drive Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Annual Subscription Yes Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Hardware Component
  • Market Shares by Power Range
    • Micro (under 5 kW)
    • Low-end (5-40 kW)
    • Midrange (>40-200 kW)
    • High-end (>200 kW-600 kW)
    • Mega (>600 kW)
  • Market Shares by Industry
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Machinery Manufacturing
    • Marine
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Plastic & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Textiles
    • Water & Wastewater
  • Market Shares by Machinery Segment
  • Market Shares by Configuration
  • Market Shares by Voltage
  • Market Shares by Decentralized Package
  • Market Shares by Topology
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Low Voltage AC Drives Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by by Hardware Component
  • Shipments by Power Range
    • Micro (under 5 kW)
    • Low-end (5-40 kW)
    • Midrange (>40-200 kW)
    • High-end (>200 kW-600 kW)
    • Mega (>600 kW)
  • Shipments by Industry
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Machinery Manufacturing
    • Marine
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Plastic & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Refining
    • Semiconductors
    • Textiles
    • Water & Wastewater
  • Shipments by Machinery Segment
  • Shipments by Configuration
  • Shipments by Voltage
  • Shipments by Mode of Operation
  • Shipments by Decentralized Package
  • Shipments by Topology
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecasts & Histories 

  • Market Forecast & History by Country
  • Market Forecast & History by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

For More Information

For more information or to purchase the Low Voltage AC Drives Market Research study, please contact us.