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Global Medium Voltage AC Drive Market Size study, by Converter Type (Voltage Source Inverter, Current Source Inverter, Load Commutated Inverter) by Application (Pumps, Fans, Compressor, Conveyors, Others (Canes& Hoists)) by Voltage (3KV to 7KV, 7.1 KV to 14KV, 14.1KV to 35KV) by Enclosure (Water Cooler, Air Cooler) by End User (Oil & Gas, Power Generation, Pulp & Paper, Cement, Metal & Mining, Others (HVAC System)) and Regional Forecasts 2021-2027

December 2021 | 200 pages | ID: G88DF3668E96EN
Bizwit Research & Consulting LLP

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Global Medium Voltage AC Drive Market is valued approximately USD 20.59 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.8 % over the forecast period 2021-2027. Alternate Current (AC) drives are electronic devices that control the speed and torque of an electric motor by alternative parameters such as frequency and magnetic flux. Rapidly growing industrialization and urbanization is driving the growth for the global medium voltage AC market. Nearly, 70% of all industrial development electrical energy is used to power electric motors. These motors help to reduce CO2 emission and is more energy efficient for the customers. Along with this, government regulation for obtaining energy efficiency is also major factor for growth driver. One with energy saving AC drive reduces wear and tear of mechanical product. Government regulations have boosted AC drives market. For instance, implementation of standards such as IOS 50001 (energy management-system standards) started on June 2011 and the standard is expected to influence up to 60% of global energy used and provide an internationally-recognized. However, decline in Foreign Direct Market (FDIs) and increasing price of these drives would also hinder the market growth during the forecasted period impedes the growth of the market over the forecast period of 2021-2027. Also, major development in urbanization fuel the market and is likely to increase the market growth during the forecast period.

The regional analysis of global Medium Voltage AC Drive market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to significant growth in the rate of urbanization and rising industrialization holds a potential driver in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as oil production in North America which will give leverage the demand of AC drivers there is sustainable growth in industrialization would create lucrative growth prospects for the Medium Voltage AC Drive market across Asia-Pacific region.

Major market player included in this report are:
ABB
Schneider Electric
Hitachi, Ltd.
Rockwell Automation, Inc.
Nidec Industrial Solution
Toshiba Mitsubishi-Electric Industrial System Corporation (TMEIC)
Yaskawa Electric Corporation
Honeywell International Inc.
Siemens
Danfoss

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Converter Type:
Voltage Source Inverter
Current Source Inverter
Load Commutated Inverter
By Application:
Pumps
Fans
Compressor
Conveyors
Others (Canes & Hoists)
By Voltage:
3KV to 7KV
7.1 KV to 14KV
14.1KV to 35KV
By Enclosure:
Water Cooled
Air Cooled
By End Users:
Oil & Gas
Power Generation
Pulp & Paper
Cement
Metal & Mining
Others (HVAC System)

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Medium Voltage AC Drive Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Medium Voltage AC Drive Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Medium Voltage AC Drive Market, by Converter Type, 2019-2027 (USD Billion)
  1.2.3. Medium Voltage AC Drive Market, by Application, 2019-2027 (USD Billion)
  1.2.4. Medium Voltage AC Drive Market, by Enclosure, 2019-2027 (USD Billion)
  1.2.5. Medium Voltage AC Drive Market, by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET DYNAMICS

3.1. Medium Voltage AC Drive Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Rapidly growing industrialization and urbanization
    3.1.1.2. Government Regulation for Obtaining Energy Efficiency
  3.1.2. Market Challenges
    3.1.2.1. Decline in Foreign Direct Market (FDIs)
  3.1.3. Market Opportunities
    3.1.3.1. Major development in urbanization fuel the market

CHAPTER 4. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, BY CONVERTER TYPE

5.1. Market Snapshot
5.2. Global Medium Voltage AC Drive Market by Converter Type, Performance - Potential Analysis
5.3. Global Medium Voltage AC Drive Market Estimates & Forecasts by Converter Type 2018-2027 (USD Billion)
5.4. Medium Voltage AC Drive Market, Sub Segment Analysis
  5.4.1. Voltage Source Inverter
  5.4.2. Current Source Inverter
  5.4.3. Load Commutated Inverter

CHAPTER 6. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Medium Voltage AC Drive Market by Application, Performance - Potential Analysis
6.3. Global Medium Voltage AC Drive Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Medium Voltage AC Drive Market, Sub Segment Analysis
  6.4.1. Pumps
  6.4.2. Fans
  6.4.3. Compressors
  6.4.4. Conveyors
  6.4.5. Others (Canes & Hoists)

CHAPTER 7. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, BY VOLTAGE

7.1. Market Snapshot
7.2. Global Medium Voltage AC Drive Market by Voltage, Performance - Potential Analysis
7.3. Global Medium Voltage AC Drive Market Estimates & Forecasts by Voltage2018-2027 (USD Billion)
7.4. Medium Voltage AC Drive Market, Sub Segment Analysis
  7.4.1. 3KV to 7KV
  7.4.2. 7.1 KV to 14KV
  7.4.3. 14.1 KV to 35KV

CHAPTER 8. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, BY ENCLOSURE

8.1. Market Snapshot
8.2. Global Medium Voltage AC Drive Market by Enclosure, Performance - Potential Analysis
8.3. Global Medium Voltage AC Drive Market Estimates & Forecasts by Enclosure2018-2027 (USD Billion)
8.4. Medium Voltage AC Drive Market, Sub Segment Analysis
  8.4.1. Water Cooler
  8.4.2. Air Cooler

CHAPTER 9. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, BY END USERS

9.1. Market Snapshot
9.2. Global Medium Voltage AC Drive Market by End Users, Performance - Potential Analysis
9.3. Global Medium Voltage AC Drive Market Estimates & Forecasts by End Users 2018-2027 (USD Billion)
9.4. Medium Voltage AC Drive Market, Sub Segment Analysis
  9.4.1. Oil & Gas
  9.4.2. Power Generation
  9.4.3. Pulp & Paper
  9.4.4. Cement
  9.4.5. Metal & Mining
  9.4.6. Other (HVAC System)

CHAPTER 10. GLOBAL MEDIUM VOLTAGE AC DRIVE MARKET, REGIONAL ANALYSIS

10.1. Medium Voltage AC Drive Market, Regional Market Snapshot
10.2. North America Medium Voltage AC Drive Market
  10.2.1. U.S. Medium Voltage AC Drive Market
    10.2.1.1. Converter Type breakdown estimates & forecasts, 2018-2027
    10.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    10.2.1.3. Voltage breakdown estimates & forecasts, 2018-2027
    10.2.1.4. Enclosure breakdown estimates & forecasts, 2018-2027
    10.2.1.5. End Users breakdown estimates & forecasts, 2018-2027
  10.2.2. Canada Medium Voltage AC Drive Market
10.3. Europe Medium Voltage AC Drive Market Snapshot
  10.3.1. U.K. Medium Voltage AC Drive Market
  10.3.2. Germany Medium Voltage AC Drive Market
  10.3.3. France Medium Voltage AC Drive Market
  10.3.4. Spain Medium Voltage AC Drive Market
  10.3.5. Italy Medium Voltage AC Drive Market
  10.3.6. Rest of Europe Medium Voltage AC Drive Market
10.4. Asia-Pacific Medium Voltage AC Drive Market Snapshot
  10.4.1. China Medium Voltage AC Drive Market
  10.4.2. India Medium Voltage AC Drive Market
  10.4.3. Japan Medium Voltage AC Drive Market
  10.4.4. Australia Medium Voltage AC Drive Market
  10.4.5. South Korea Medium Voltage AC Drive Market
  10.4.6. Rest of Asia Pacific Medium Voltage AC Drive Market
10.5. Latin America Medium Voltage AC Drive Market Snapshot
  10.5.1. Brazil Medium Voltage AC Drive Market
  10.5.2. Mexico Medium Voltage AC Drive Market
10.6. Rest of The World Medium Voltage AC Drive Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. ABB
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Schneider Electric
  11.2.3. Hitachi, Ltd.
  11.2.4. Rockwell Automation, Inc.
  11.2.5. Nidec Industrial Solution
  11.2.6. Toshiba Mitsubishi-Electric Industrial System Corporation (TMEIC)
  11.2.7. Yaskawa Electric Corporation
  11.2.8. Honeywell International Inc.
  11.2.9. Siemens
  11.2.10. Danfoss

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Medium Voltage AC Drive market, report scope
TABLE 2. Global Medium Voltage AC Drive market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Medium Voltage AC Drive market estimates & forecasts by Converter Type 2018-2027 (USD Billion)
TABLE 4. Global Medium Voltage AC Drive market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 5. Global Medium Voltage AC Drive market estimates & forecasts by Voltage 2018-2027 (USD Billion)
TABLE 6. Global Medium Voltage AC Drive market estimates & forecasts by Enclosure 2018-2027 (USD Billion)
TABLE 7. Global Medium Voltage AC Drive market estimates & forecasts by End Users 2018-2027 (USD Billion)
TABLE 8.
TABLE 9. Global Medium Voltage AC Drive market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Medium Voltage AC Drive market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Medium Voltage AC Drive market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Medium Voltage AC Drive market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Medium Voltage AC Drive market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Medium Voltage AC Drive market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Medium Voltage AC Drive market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Medium Voltage AC Drive market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Medium Voltage AC Drive market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Medium Voltage AC Drive market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. U.S. Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. U.S. Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. U.S. Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. Canada Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. Canada Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. Canada Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. UK Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. UK Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. UK Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Germany Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. Germany Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. Germany Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. RoE Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. RoE Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. RoE Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. China Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. China Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. China Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. India Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. India Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. India Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Japan Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. Japan Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Japan Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. RoAPAC Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. RoAPAC Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. RoAPAC Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Brazil Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. Brazil Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Brazil Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. Mexico Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. Mexico Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. Mexico Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. RoLA Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. RoLA Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. RoLA Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Row Medium Voltage AC Drive market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 56. Row Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. Row Medium Voltage AC Drive market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. List of secondary sources, used in the study of global Medium Voltage AC Drive market
TABLE 59. List of primary sources, used in the study of global Medium Voltage AC Drive market
TABLE 60. Years considered for the study
TABLE 61. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Medium Voltage AC Drive market, research methodology
FIG 2. Global Medium Voltage AC Drive market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Medium Voltage AC Drive market, key trends 2020
FIG 5. Global Medium Voltage AC Drive market, growth prospects 2021-2027
FIG 6. Global Medium Voltage AC Drive market, porters 5 force model
FIG 7. Global Medium Voltage AC Drive market, pest analysis
FIG 8. Global Medium Voltage AC Drive market, value chain analysis
FIG 9. Global Medium Voltage AC Drive market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Medium Voltage AC Drive market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Medium Voltage AC Drive market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Medium Voltage AC Drive market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Medium Voltage AC Drive market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Medium Voltage AC Drive market, regional snapshot 2018 & 2027
FIG 15. North America Medium Voltage AC Drive market 2018 & 2027 (USD Billion)
FIG 16. Europe Medium Voltage AC Drive market 2018 & 2027 (USD Billion)
FIG 17. Asia pacific Medium Voltage AC Drive market 2018 & 2027 (USD Billion)
FIG 18. Latin America Medium Voltage AC Drive market 2018 & 2027 (USD Billion)
FIG 19. Global Medium Voltage AC Drive market, company market share analysis (2020)








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