AC Drives - Low Power

The Low Power AC Drives Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

Low power AC drives are applied in the 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, printing machinery, and textile machines.  This research covers hardware, software, and services for the low power AC drives market, which comprises the micro (<5 kW), low-end (5-40 kW), and midrange (>40-200 kW) drives. 

Demand for Decarbonization Enhances Adoption of AC Drives 

ARC research on the Low Power AC Drives market reveals that demand for decarbonization and achieving the net zero emission targets propels the adoption of AC drives. Deployment of AC drive technology helps to reduce energy consumption and carbon emissions. Increasing energy efficiency in all processes is crucial in preventing climate change. Industrial operations must continue to optimize performance, increase energy efficiency, and minimize waste to balance rising energy demand and support global warming initiatives.

Low Power AC Drives Market Strategic Issues

Low Power AC Drives Market TrendsIn addition to providing a five-year market forecast, the low power AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.

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.

Suppliers Need to 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.

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.

Low Power AC Drive Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a concise, executive-level Market Analysis Report (PDF).  The Workbook has some unique features such as the ability to select local currency.  Regional studies include country and industry market data.  Studies and formats available are listed below: 

MIRA Workbook Market Analysis PDF
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Annual Subscription Yes Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Executive Overview
  • Market Trends
  • Buyer Strategies
  • Supplier Strategies
  • Growth Contributors and Inhibitors

   Competitive Analysis

  • Leading Suppliers of Low Power AC Drives
  • Market Shares by Region
    • North America
    • EMEA
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Hardware Component
  • Market Shares by Power Range
    • Micro (< 5 kW)
    • Low-End (5-40 kW)
    • Midrange (41-200 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
    • Semiconductor
    • Textiles
    • Water & Wastewater
  • Market Shares by Machinery Segment
  • Market Shares by Configuration
  • 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 Power AC Drives Business
  • Shipments by Region
    • North America
    • EMEA
    • Asia
    • Latin America
  • Shipments by Power Range
    • Micro (< 5 kW)
    • Low-End (5-40 kW)
    • Midrange (41-200 kW)
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Hardware Component
  • Shipments by Industry
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Machinery
    • Marine
    • Mining
    • Metals
    • Oil & Gas
    • Plastic & Rubber
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Printing & Publishing
    • Refining
    • Semiconductor
    • Textiles
    • Water & Wastewater
  • Shipments by Machinery Segment
  • Shipments by Voltage
  • Shipments by Mode of Operation
  • Shipments by Configuration
  • 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 History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

For More Information

For more information or to purchase the Low Power AC Drives Market Research study, please contact us.

 

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