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Global Electric Drives Market: By Product: AC Drives, DC Drives; By End Use: Process industry, Discrete industry; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Electric Drives Market Outlook

The global electric drives market is expected to grow at a CAGR of 4.5% during the forecast period of 2021-2026. The electric drives market is being driven by the increasing focus on automating manufacturing processes.

 

Global Electric Drives Market

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Properties and Applications

An electric drive is a type of machine equipment for converting electrical energy into mechanical energy and for providing electrical process control. The mechanism used to control movement is called an electric drive.

 

Global Electric Drives Market By End Use

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The electric drives market can be broadly categorised based on products and end-uses.

Based on the product, the industry can be divided into:

  • AC Drives
  • DC Drives

On the basis of end-uses, the industry can be segmented into:

  • Process Industry
  • Discrete Industry

The EMR report looks into the regional markets of electric drives like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Electric Drives Market By Region

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Market Analysis

The global electric drives market is driven by the implementation of IoT-enabling technologies to link their machinery and motion control systems. In the global industry, vendors are focusing on the rising IoT demand and the manufacture of electrical drives with embedded software capable of operating throughout the IoT networks. The IoT-enabled electrical drives currently available are capable of tracking and exchanging system performance quality reports. Using such electrical drives can promote end-user operations, which is expected to drive the growth of the industry. Besides the increasing emphasis on automation, the advent of IoT in electric drives will also increase the global electric drives market over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global electric drives market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Danfoss A/S
  • Rockwell Automation Inc. (NYSE: ROK)
  • Schneider Electric SE 
  • ABB Ltd. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, End-Use, Region
Breakup by Product AC Drives, DC Drives
Breakup by End-Use Process industry, Discrete industry
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Danfoss A/S, Rockwell Automation Inc. (NYSE: ROK), Schneider Electric SE (EPA: SU), ABB Ltd. (SWX: ABBN), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Report

  • How has the global electric drives market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the industry for 2021-2026?
  • What are the major drivers for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global electric drives market?
  • Who are the major manufacturers in the global electric drives market? 
  • What is the degree of competition in the global electric drives market?
  • What are the major events and developments taking place within the electric drives industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6     Global Electric Drives Market Analysis
    6.1    Global Electric Drives Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Electric Drives Market Breakup by Product
        6.2.1    AC Drives
        6.2.2    DC Drives
    6.3    Global Electric Drives Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    AC Drives
        6.3.2    DC Drives   
    6.4    Global Electric Drives Market Breakup by End-Use
        6.4.1    Process industry
        6.4.2    Discrete industry
    6.5    Global Electric Drives Market Breakup by End-Use: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Process industry
        6.5.2    Discrete industry   
    6.6    Global Electric Drives Market Breakup by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7     Global Electric Drives Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    North America
            6.7.1.1    United States of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Key Players and Company Profiles
    9.1    Danfoss A/S
    9.2    Rockwell Automation Inc. (NYSE: ROK)
    9.3    Schneider Electric SE (EPA: SU)
    9.4    ABB Ltd. (SWX: ABBN)
    9.5    Others
10    Industry Events and Developments

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