Low Voltage Drives Market Leading Players Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Rockwell Automation, Danfoss, Yaskawa Electric Corporation, Fuji Electric, Emerson Electric and SEW-Eurodrive

An off-the-shelf report on Low Voltage Drives Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

Low voltage drives are basically used for controlling and adjusting the torque, speed, acceleration, rotation direction, and deceleration of electric motors. The productive increase in the industrialization and the constant rise in the requirement for energy across the world has propelled the demand for low voltage drives in numerous industries, such as the oil and gas, mining, packaging, food and beverages, automotive, and others. Low voltage drives provide a solution for both high and low-power applications. These drives are often preferred owing to their smaller size, relatively lower cost, and better availability.

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The key players influencing the market are:

1. ABB Ltd.
2. Siemens AG
3. Mitsubishi Electric Corporation
4. Schneider Electric SE
5. Rockwell Automation, Inc.
6. Danfoss GmbH
7. Yaskawa Electric Corporation
8. Fuji Electric Co., Ltd.
9. Emerson Electric Co.
10. SEW-Eurodrive

The increase in industrialization and urbanization in the emerging countries, rising trend in industrial automation, growing need for energy efficiency in the motors are the factors that are driving the growth of the market. Moreover, several features of low voltage drives, such as high safety levels, enhanced quality and productivity, positive energy balance, and low energy consumption, are also driving the growth of low voltage drives market considerably. Moreover, strict rules and policies attributing to motor efficacy and the upgradation and replacement of old equipment are anticipated to propel the demand for these drives in the near future.

Low Voltage Drives Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Low Voltage Drives Market- Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Low Voltage Drives Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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Reason To Buy

Highlights key business priorities in order to assist companies to realign their business strategies

- Highlights Low Voltage Drives Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Low Voltage Drives Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America

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