AC Drives - Medium Voltage

The Medium Voltage 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.

Medium voltage AC drives are applied in process and discrete manufacturing industries and provide speed, motion, and torque control for equipment such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, and extruders.  Medium voltage AC drives are predominantly higher power drives that are greater than 0.2 MW.  The heavy industries such as mining, metals, electric power generation, cement & glass, water & wastewater, marine, and oil & gas widely use medium voltage AC drives.  This global market research report covers hardware, software, and services for the medium voltage AC drives market with the following power ranges: >0.2-0.6 MW; >0.6-3 MW; >3-7.5 MW; >7.5-10 MW; >10 MW-20 MW; and >20 MW.  

Medium Voltage AC Drives: Digitalization Is a Necessity for Sustainable Operations

ARC research on the Medium Voltage AC Drives market reveals that digitalization enables ease of maintenance, productivity, and efficiency, that is necessary for sustainable plant operations. Digitalization in the drive technology allows transparency and easy access to relevant data of motors and converters, data analysis, monitoring the status and performance of the drive system, and to predict equipment failures beforehand, minimizing unnecessary shutdowns that can cost millions of dollars. End user companies could reap significant improvement in their operating performance, enabling them to succeed in today’s highly competitive market by embracing such technologies.

Medium Voltage AC Drives Strategic Issues

Medium Voltage AC Drives Market TrendsIn addition to providing a five-year market forecast, the medium voltage AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Seek Solutions to Reduce Harmonics    

Medium voltage AC drives produce harmonics on the electric power supply system. These harmonics are of great concern to power regulatory authorities because if there is any deviation from the pure sine wave supply for which electrical equipment is designed, the equipment will not function as well if there is a harmonic component in the line. End users should evaluate medium voltage AC drives suppliers for techniques used to lower the harmonic impact on power lines. It is important for end users to seek medium voltage AC drives to offer low harmonic drives, which use techniques such as an active harmonic filter or the active front end to reduce harmonics.

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 Internet of Things 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.

Industrial IoT can play a major role in maintenance-related activities, such as remotely monitoring AC drives systems and initiating orders for the replacement of AC drives. While industrial operations generally have a good understanding of both reactive and preventive maintenance, Industrial IoT enhances maintenance approaches by enabling condition-based, predictive, and prescriptive maintenance. Depending on an operation, moving from preventive maintenance to predictive or prescriptive approaches provides significant savings in maintenance labor and MRO materials. With predictive and prescriptive maintenance, near-zero unplanned downtime for critical equipment can be achieved, providing huge business benefits.

Medium Voltage AC Drives Study Formats and Editions Available

This market study may be purchased as an Excel Workbook or as a concise, executive-level Market Analysis Report (PDF).  The Workbook has some unique features such as five year market history and 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

  • Market Shares for 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 Drive Size
    • Up to 0.2 MW
    • >0.2-0.6 MW
    • >0.6 - 3 MW
    • >3 - 7.5 MW
    • >7.5 - 10 MW
    • >10 -20MW
    • >20 MW
  • Market Shares by Motor Voltage
    • 1 - 2.3 kV
    • >2.3 - 3.3 kV
    • >3.3 - 5 kV
    • >5 -7.2 kV
    • >7.2 - 11 kV
    • >11 kV
  • Market Shares by Industry
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Marine
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Plastic & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Refining
    • Textiles
    • Water & Wastewater
  • Market Shares by Machinery Segment
  • Market Shares by Cooling Method
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Medium 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 Hardware Component
  • Shipments by Drive Size
    • Up to 0.2 MW
    • >0.2-0.6 MW
    • >0.6 - 3 MW
    • >3 - 7.5 MW
    • >7.5 - 10 MW
    • >10 -20MW
    • >20 MW
  • Shipments by Motor Voltage
    • 1 - 2.3 kV
    • >2.3 - 3.3 kV
    • >3.3 - 5 kV
    • >5 - 7.2 kV
    • >7.2 - 11 kV
    • >11 kV
  • Shipments by Industry
    • Automotive
    • Building Automation
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Electronics & Electrical
    • Food & Beverage
    • Machinery Manufacturing
    • Marine
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Plastic & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Refining
    • Textiles
    • Water & Wastewater
  • Shipments by Machinery Segment
  • Market Shares by Cooling Method
  • 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 and Histories

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

Industry Participants

List of countries and currencies included in each region

For More Information

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

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