Global and China Electric Drives Market Insights, Forecast to 2026

Electric drives have become necessary for efficient speed and motion control of electric motors. The electric drives are primarily categorized into two types: AC and DC. The current market trends are favorable for AC drives because AC motors are more energy efficient than DC motors and do not have unreliable commutators. So, while the market growth of DC drives remained almost flat in recent years, the market for AC drives is expected to see linear growth.
Analysts forecast the global electric drives market to grow at a CAGR of 4.5% during the period 2018-2022.

Market Analysis and Insights: Global and China Electric Drives Market
This report focuses on global and China Electric Drives QYR Global and China market.
The global Electric Drives market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Electric Drives Scope and Market Size
Electric Drives market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Electric Drives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Electric Drives market is segmented into
AC drives
DC drives

Segment by Application, the Electric Drives market is segmented into
Oil and gas
Water and waste water treatment
Food and beverage
Mining

Regional and Country-level Analysis
The Electric Drives market is analysed and market size information is provided by regions (countries).
The key regions covered in the Electric Drives market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Electric Drives Market Share Analysis
Electric Drives market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Electric Drives business, the date to enter into the Electric Drives market, Electric Drives product introduction, recent developments, etc.
The major vendors covered:
ABB
Danfoss
Schneider Electric
Siemens
Rockwell Automation
Mitsubishi Electric
Hitachi
Fuji Electric
Yaskawa Electric
Emerson Electric
Toshiba

Frequently Asked Questions