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DC Drives Market by Voltage, by Power Rating, by End-Use Industry, and by Region - Global trends and forecast to 2020

DC Drives Market: forecast until 2020

  • October 2015
  • 129 pages
  • ID: 3343750
In this report:
FIGURE ## ASIA-PACIFIC IS EXPECTED TO MAINTAIN ITS DOMINANCE IN THE OIL & GAS MARKET THROUGHOUT THE FORECAST PERIOD ##
Industrial demand in the U.S. market, particularly from water & wastewater sector is expected to drive the demand for DC drives in North America.
FIGURE ## OIL & GAS AND WATER & WASTEWATER INDUSTRIES ARE EXPECTED TO ACCOUNT FOR THE MAXIMUM SHARE DURING THE FORECAST PERIOD ##

Summary

Table of Contents

DC Drives Market report estimates the DC drives market, in terms of value importance. The industry is projected at $2.10B in 2015, and is projected to extend $2.30B by 2020. The sector has been divided into main regions, and then further split to country-level forecasting.

The research methodology used in the analysis involved the use of secondary sources, including annual reports, press releases, and investor presentations of firms, white papers, and certified publications, articles from recognized authors, manufacturers associations, directories, and databases to identify and collect info that was useful for this extensive commercial study of the overall DC drives market. Primary sources, including experts and providers from the sector, have been interviewed to obtain and verify critical data, as well as to evaluate the future prospects of the market.

This analysis includes profiles of leading actors together with their new developments and other strategic activities. Some of the main firms profiled include ABB Ltd. (NYSE:ABB), Siemens (SIA), Schneider Electric (SU), Rockwell Automation (NYSE:ROK), and Mitsubishi Electric.

Asia Pacific (APAC) held the biggest market share in the DC drives market, and is expected to grow at high Compound annual growth rate. This high increase can be accredited to the high urbanization and industrialization in territories, such as china (CN), India (IN), and Japan (JP). China (CN) and India (IN) are two of the quickest-increasing economies around the world, and are responsible for the increase ot the DC drives market in the territory.

EU and North America continent are matured market for DC drives in terms of commercial and domestic applications. Growing focus on energy efficiency is anticipated to aid the increase of the DC drives market in these areas. Developed economies of the European region including the U.K., Germany (DE), and France (FR) have a wide industrial base. Industrial demand in the U.S. market, particularly from water & wastewater market is predicted to push the demand for DC drives in North America (NA).

DC drives market has been divided on the basis of several areas, namely Asia-Pacific, North America continent, Europe (EU), Middle East (ME) & African continent, and South America region. The market research also comprises an detailed country-level study, established on voltage level; this review offers market values, by value for different voltage levels considered in the market research at country level.

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