AC Drives Market Report by Power Rating (Low Power Drives (<40 kW), Medium Power Drives (41 kW - 200 kW), High Power Drives (>200 kW)), Voltage (Low Voltage, Medium Voltage), Application (Pumps, Fans, Compressor, Conveyors, Extruders, and Others), End-Use (Food and Beverage, Water and Wastewater, HVAC, Oil and Gas, Power, Metal Processing, Chemicals, and Others), and Region 2024-2032

AC Drives Market Report by Power Rating (Low Power Drives (<40 kW), Medium Power Drives (41 kW - 200 kW), High Power Drives (>200 kW)), Voltage (Low Voltage, Medium Voltage), Application (Pumps, Fans, Compressor, Conveyors, Extruders, and Others), End-Use (Food and Beverage, Water and Wastewater, HVAC, Oil and Gas, Power, Metal Processing, Chemicals, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1215
Buy Now

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global AC Drives Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Power Rating
    5.5    Market Breakup by Voltage
    5.6    Market Breakup by Application
    5.7    Market Breakup by End-Use
    5.8    Market Breakup by Region
    5.9    Market Forecast
6   Market Breakup by Power Rating
    6.1    Low Power Drives (<40 kW)
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Medium Power Drives (41 kW - 200 kW)
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    High Power Drives (>200 kW)
        6.3.1    Market Trends
        6.3.2    Market Forecast
7   Market Breakup by Voltage
    7.1    Low Voltage
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Medium Voltage
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by Application
    8.1    Pumps
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Fans
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Compressor
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Conveyors
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Extruders
        8.5.1    Market Trends
        8.5.2    Market Forecast
    8.6    Others
        8.6.1    Market Trends
        8.6.2    Market Forecast
9   Market Breakup by End-Use
    9.1    Food and Beverage
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Water and Wastewater
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    HVAC
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Oil and Gas
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Power 
        9.5.1    Market Trends
        9.5.2    Market Forecast
    9.6    Metal Processing
        9.6.1    Market Trends
        9.6.2    Market Forecast
    9.7    Chemicals
        9.7.1    Market Trends
        9.7.2    Market Forecast
    9.8    Others
        9.8.1    Market Trends
        9.8.2    Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Europe
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Asia Pacific
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  Global AC Drives Industry: SWOT Analysis
    11.1    Overview 
    11.2    Strengths
    11.3    Weaknesses 
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1     Overview
    13.2     Bargaining Power of Buyers
    13.3     Bargaining Power of Suppliers 
    13.4     Degree of Competition
    13.5     Threat of New Entrants
    13.6     Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    ABB Ltd
        15.3.2    Danfoss Group
        15.3.3    Schneider Electric Se
        15.3.4    Siemens AG
        15.3.5    Mitsubishi Electrical Corporation
        15.3.6    Fuji Electric Co. Ltd.
        15.3.7    Emerson Electric Co.
        15.3.8    Hitachi Ltd
        15.3.9    Parker Hannifin Corporation
        15.3.10      Rockwell Automation,Inc.
        15.3.11      Toshiba International Corporation
        15.3.12      WEG SA
        15.3.13      Yaskawa Electric Corporation

List of Figures

Figure 1: Global: AC Drives Market: Major Drivers and Challenges
Figure 2: Global: AC Drives Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: AC Drives Market: Breakup by Power Rating (in %), 2023
Figure 4: Global: AC Drives Market: Breakup by Voltage (in %), 2023
Figure 5: Global: AC Drives Market: Breakup by Application (in %), 2023
Figure 6: Global: AC Drives Market: Breakup by End-Use (in %), 2023
Figure 7: Global: AC Drives Market: Breakup by Region (in %), 2023
Figure 8: Global: AC Drives Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: Global: AC Drives Industry: SWOT Analysis
Figure 10: Global: AC Drives Industry: Value Chain Analysis
Figure 11: Global: AC Drives Industry: Porter’s Five Forces Analysis
Figure 12: Global: AC Drives (Low Power Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: AC Drives (Low Power Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: AC Drives (Medium Power Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: AC Drives (Medium Power Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: AC Drives (High Power Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: AC Drives (High Power Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: AC Drives (Low Voltage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: AC Drives (Low Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: AC Drives (Medium Voltage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: AC Drives (Medium Voltage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: AC Drives (Pumps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: AC Drives (Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: AC Drives (Fans) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: AC Drives (Fans) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: AC Drives (Compressor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: AC Drives (Compressor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: AC Drives (Conveyors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: AC Drives (Conveyors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: AC Drives (Extruders) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: AC Drives (Extruders) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: AC Drives (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: AC Drives (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: AC Drives (Food and Beverage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: AC Drives (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: AC Drives (Water and Wastewater) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: AC Drives (Water and Wastewater) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: AC Drives (HVAC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: AC Drives (HVAC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: AC Drives (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: AC Drives (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: AC Drives (Power) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: AC Drives (Power) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: AC Drives (Metal Processing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: AC Drives (Metal Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: AC Drives (Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: AC Drives (Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: AC Drives (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: AC Drives (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: North America: AC Drives Market: Sales Value (In Million US$), 2018 & 2023
Figure 51: North America: AC Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: AC Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: AC Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Asia Pacific: AC Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Asia Pacific: AC Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Middle East and Africa: AC Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Middle East and Africa: AC Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Latin America: AC Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Latin America: AC Drives Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

Table 1: Global: AC Drives Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: AC Drives Market Forecast: Breakup by Power Rating (in Million US$), 2024-2032
Table 3: Global: AC Drives Market Forecast: Breakup by Voltage (in Million US$), 2024-2032
Table 4: Global: AC Drives Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: AC Drives Market Forecast: Breakup by End-Use (in Million US$), 2024-2032
Table 6: Global: AC Drives Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: AC Drives Market Structure
Table 8: Global: AC Drives Market: Key Players

AC Drives Market Report by Power Rating (Low Power Drives (<40 kW), Medium Power Drives (41 kW - 200 kW), High Power Drives (>200 kW)), Voltage (Low Voltage, Medium Voltage), Application (Pumps, Fans, Compressor, Conveyors, Extruders, and Others), End-Use (Food and Beverage, Water and Wastewater, HVAC, Oil and Gas, Power, Metal Processing, Chemicals, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More