New ARC Advisory Group research on the low voltage AC drives market reveals that urbanization, growing emerging markets, and global trends such as sustainability, energy efficiency, and digitalization are shaping the AC drives market. These megatrends are creating many opportunities for AC drives. Urbanization, with rising city populations, is creating challenges related to food supply, availability of clean water, pollution, energy consumption, and aging and under-capacity infrastructure. Solutions for all these challenges include use of AC drives.
“AC drives play a major role toward gaining a high degree of energy efficiency. Suppliers in this market are continuously evolving their products and adding a multitude of features with the ongoing trend of digitization and smart manufacturing. Digitization in the drive technology is enabling transparency across the complete drive train, starting from the field level down to the control system, and increased productivity and process optimization,” according to Anju Ajaykumar, Analyst at ARC Advisory Group and key author of ARC’s Low Voltage AC Drives Global Market Research report.
About the Low Voltage AC Drives Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the low voltage AC drives market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by power range, region, industry, machinery segmentations, voltage, topology, sales channels, and customer type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.