June 10, 2021 at 2:10 pm

AC Drives Market Growth Prospects by 2028 with Leading Players

By Prashant Tambe

What is AC Drives?

The research dives deep into the global share, size, and trends, as well as growth rate of the AC Drives market to project its progress during the forecast period, i.e., 2021–2028. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the AC Drives market. The research segments the market on the basis of product type, application, and region.

AC drive are being widely used in diverse industry verticals such as building automation, power, oil & gas, and chemicals among many others to control speed of an AC electric motor. AC drives control speed by changing the frequency of electrical supply that is driving the motor. The key advantages offered by AC dives such as energy savings, low motor starting current, easy installation, less noise, and high power factor are diving the demand for these drives across industries.

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The List of Companies

1. ABB
2. Danfoss
3. Delta Electronics, Inc.
4. Fuji Electric Co., Ltd.
5. General Electric
6. Hitachi, Ltd.
7. PARKER HANNIFIN CORP.
8. Rockwell Automation, Inc.
9. Siemens
10. YASKAWA ELECTRIC CORPORATION

The Insight Partners delivers well-researched industry-wide information on the AC Drives market. It studies the market’s essential aspects such as top participants, expansion strategies, business models, and other market features to gain improved market insights. Additionally, it focuses on the latest advancements in the sector and technological development, executive tools, and tactics that can enhance the performance of the sectors.

The report also includes the profiles of key AC Drives companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of the last three years, key developments in the past five years.

The study assesses factors such as segmentation, description, and applications of AC Drives industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Geographically, this report focuses on product sales, value, market share, and growth opportunity in key regions such as United States, Europe, China, Japan, Southeast Asia, and India.

Major highlights of the report:

  • An all-inclusive evaluation of the parent market
  • The evolution of significant market aspects
  • Industry-wide investigation of market segments
  • Assessment of the market value and volume in the past, present, and forecast years
  • Market share evaluation
  • Study of niche industrial sectors
  • Tactical approaches of the market leaders
  • Lucrative strategies to help companies strengthen their position in the market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Prashant Tambe

An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.

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