This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis. Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. All of these modules and sub-modules may be purchased as a bundle or separately. A brief description of these modules, sub-modules, and their use cases is included below.
The Low Voltage AC Drives Market Research delivers current market analysis plus a five year market and technology forecast. The research is available in multiple editions including worldwide, all regions, and most major countries.
Low voltage AC drives are applied in process and discrete manufacturing industries, commercial buildings, and municipal infrastructure. They provide speed, motion, and torque control for equipment such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, extruders, and printing and textile machines. This research covers hardware, software, and services for the low voltage AC drives market, which comprises the micro (<5 kW), low-end (5-40 kW), midrange (>40-200 kW), high-end (>200 kW-600 kW), and mega (>600 kW) power segments.
Low Voltage AC Drives: AC Drive-based Functional Safety Facilitates Operational Excellence
ARC Advisory Group research on the Low Voltage AC Drives market reveals that AC drive-based functional safety is vital for organizations striving to optimize processes, reduce costs, and enhance overall efficiency. With integrated drive-based functional safety, the safety functions are implemented into the machine via the drive, reducing the need for external safety components and complex wiring. These drives offer a comprehensive solution that combine the benefits of AC drives with advanced safety functionalities. With the increasing focus on safety in industrial settings, safety integrated AC drives have become a vital component of machine automation.
Low Voltage AC Drives Strategic Issues
In addition to providing a five-year market forecast, the low voltage AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.
Implement Robust Cybersecurity
The new Industrial IoT-enabled connectivity, data management, and predictive analytics capabilities increase customer value. However, this connected environment also makes AC drives systems more vulnerable due to additional entry points for external attacks. Consequently, the successful use of AC drives systems within an overall Industrial IoT ecosystem requires robust cybersecurity. Some automation suppliers collaborate with cloud providers to provide security and offer proactive security products to monitor and manage cybersecurity risks.
Leverage Industrial IoT or Industry 4.0
AC drives products are being updated with new features to fulfill many markets’ demands and increase their value proposition, such as the growing demand for smart connected products based on, for example, Industrial IoT or Industry 4.0. Smart connected products provide opportunities to increase operational efficiency from the plant floor to the supply chain by optimizing data, information, and analytics ranging.
Embrace Digitalization
Digitalization helps create a path for the transition toward more connected and smarter systems to drive increased end user value as digitalizing of the assets and use of cloud-based architecture with predictive analytics enables end users to monitor the health and performance of assets, allowing them to predict equipment failures before they happen, minimizing unnecessary shutdowns that can cost millions of dollars.
Intelligent AC Drives
With technological advancements AC drives are becoming increasingly sophisticated and intelligent, with many new features and capabilities that are helping to improve the performance and efficiency of industrial automation systems. The onboard intelligence of AC drives allows them to monitor the motor load and identify potential problems early on. This can help to prevent costly downtime and damage to equipment. Another key advancement is the integration of digital inputs and outputs (I/O), which enables AC drives to integrate more equipment and interact with more aspects of the system. The increasing use of onboard digital tools and sensors also helps improve the performance of the drives. These tools and sensors can be used to collect data on the operation of the AC drive and the motor, which can then be used to optimize the system‘s performance. This data can also be used to troubleshoot problems and improve maintenance practices.
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Market Competitive Analysis
ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Competitive Analysis | Use Cases | Target Role |
| Worldwide Competitive Analysis by Technology | In-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple world regions | Regional Sales Managers |
| Competitive Analysis Executive View | Strategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Worldwide Research Focus Areas
Strategic Analysis
- Executive Overview
- Market Trends
- Buyer Strategies
- Supplier Strategies
- Growth Contributors and Inhibitors
Competitive Analysis
- Market Shares of the Leading Suppliers
- Market Shares by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Market Shares by Revenue Category
- Hardware
- Software
- Services
- Market Shares by Hardware Component
- Market Shares by Power Range
- Micro (under 5 kW)
- Low-end (5-40 kW)
- Midrange (>40-200 kW)
- High-end (>200 kW-600 kW)
- Mega (>600 kW)
- Market Shares by Industry
- Automotive
- Building Automation
- Cement & Glass
- Chemical
- Electric Power Generation
- Electric Power T&D
- Electronics & Electrical
- Fabricated Metals
- Food & Beverage
- Machinery Manufacturing
- Marine
- Metals
- Mining
- Oil & Gas
- Pharmaceutical & Biotech
- Plastic & Rubber
- Printing & Publishing
- Pulp & Paper
- Refining
- Semiconductors
- Textiles
- Water & Wastewater
- Market Shares by Machinery Segment
- Market Shares by Configuration
- Market Shares by Voltage
- Market Shares by Decentralized Package
- Market Shares by Topology
- Market Shares by Sales Channel
- Market Shares by Customer Type
Market Forecasts and Histories
- Total Low Voltage AC Drives Business
- Shipments by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Shipments by Revenue Category
- Hardware
- Software
- Services
- Shipments by by Hardware Component
- Shipments by Power Range
- Micro (under 5 kW)
- Low-end (5-40 kW)
- Midrange (>40-200 kW)
- High-end (>200 kW-600 kW)
- Mega (>600 kW)
- Shipments by Industry
- Automotive
- Building Automation
- Cement & Glass
- Chemical
- Electric Power Generation
- Electric Power T&D
- Electronics & Electrical
- Fabricated Metals
- Food & Beverage
- Machinery Manufacturing
- Marine
- Metals
- Mining
- Oil & Gas
- Pharmaceutical & Biotech
- Plastic & Rubber
- Printing & Publishing
- Pulp & Paper
- Refining
- Semiconductors
- Textiles
- Water & Wastewater
- Shipments by Machinery Segment
- Shipments by Configuration
- Shipments by Voltage
- Shipments by Mode of Operation
- Shipments by Decentralized Package
- Shipments by Topology
- Shipments by Sales Channel
- Shipments by Customer Type
Industry Participants
The research identifies all relevant suppliers serving this market.
Regional Research Focus Areas
Strategic Analysis
Competitive Analysis
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market Forecasts & Histories
- Market Forecast & History by Country
- Market Forecast & History by Industry
Industry Participants
List of countries & currencies included in each region: MIRA-Country
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