Despite Challenging Dynamics Low Power AC Drives Market Will Grow

Author photo: Himanshu Shah
ByHimanshu Shah
Category:
Industry Trends
2015 was a challenging year for the low power AC drives market with many cross currents due to regional economic dynamics, falling oil prices, slow economic growth in China, strong U.S dollar, and weaker euro and Japanese Yen. ARC Advisory Group’s global market research provides analysis on how various regions and industries performed under a backdrop of these dynamics. The report covers hardware, software, and services for low power AC drives market, which comprises the micro (under 5 kW), low-end (5-40 kW), and midrange (41-200 kW) power segments. The research report is available in the following formats: Concise Market Analysis Report (PDF); Market Intelligence Workbook (Excel). The research report also provides long-term trends impacting this market and its growth during the next five years. While the diverse economic and regional dynamics in 2015 resulted in the global low power AC drives market decline, the research identifies many factors that will lift this market. Low power AC drives provide speed, motion, and torque control for equipment, such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, extruders, printing machinery, and textile machines.  This research identifies growth segments and market trends, as well as the challenges suppliers face to achieve expansion in a very fragmented market landscape. In addition to the quantitative assessment, this research provides an insightful analysis of issues that will impact this business in the future. ARC has just published a comprehensive updated market analysis report on low power AC Drives (www.arcweb.com/market-studies/pages/ac-drives-low-power.aspx) that provides a quantitative assessment of the market and associated analysis. While the report is primarily focused at supporting the strategic planning efforts of current and prospective suppliers, it includes much information that end user organizations would find helpful, including both technology and industry trends and information about the leading suppliers.

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