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DC Drives Market Size & Industry Share by Leading Companies, Opportunities, Revenue Growth, Trends and Outlook (2020-2026)

DC Drives Market

DC Drives Market

The DC drives market size is projected to reach USD 6.71 billion by 2026, thereby exhibiting a CAGR of 5.7% during the forecast period. However, it stood at USD 4.34 billion in 2018. The market is anticipated to gain impetus from the increasing number of awareness programs regarding the adoption of energy-efficient systems. Additionally, these drives possess more technical advantages as compared to the AC drives.

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other dc drives market trends. The report is available for sale on the company website.

For More Information and Detailed Scope of this Report, Visit - https://www.fortunebusinessinsights.com/industry-reports/dc-drives-market-101447

Regional Analysis for DC Drives Market:

North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Fortune Business Insights(TM) provided this information in a recent report, titled, "Direct Current (DC) Drives Market Size, Share & Industry Analysis, By Voltage Rating (Up to 240 V, 240 - 600 V, and 600 V & Above), By Power Rating (Up to 250 kW, 251 - 500 kW, and 500 kW & Above), By End User (Oil & Gas, Power Generation, Food & Beverage, Chemicals & Petrochemicals, Metal & Mining, Water & Wastewater, Building Automation, and Others), and Regional Forecast, 2019-2026."

Some of the most prominent companies present in the DC drives market are as follows:

Schneider Electric
ABB
Nidec Motor Corporation
Siemens
Renown Electric Motors
Rockwell Automation
GE Power Conversion
Parker Hannifin
Toshiba International Corporation Ltd.
Crompton Greaves Limited
Crompton Greaves Limited
Danfoss
American Control Electronics

Get Sample Brochure for More Details - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dc-drives-market-101447

What Does This Report Contain?

Elaborate details about the direct current drive market growth, barriers, opportunities, and challenges.
List of all the segments and the niche regions present in the market.
Competitive landscape consisting of new product launches, contracts, agreements, strategic partnerships, investments, and mergers and acquisitions.
Vital business strategies of major market players.

"Possession of Numerous Benefits Set to Boost Market Growth"

DC drives offer single power conversion from AC and are less complicated. An inverter drive is considered as a bridge between the load and the supply. However, DC drives are compact as compared to the inverter drives. They are also cost-effective and are mainly used in those applications that require persistent regeneration for overhauling loads. All these factors would propel the market growth in the coming years.

Major Table of Contents for DC Drives Market:

Introduction
Executive Summary
Market Dynamics
Key DC Drives Market Insights
Global Market Analysis, Insights and Forecast, 2015-2026
North America Market Analysis, Insights and Forecast, 2015-2026
Europe Market Analysis, Insights and Forecast, 2015-2026
Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
Latin America Market Analysis, Insights and Forecast, 2015-2026
Competitive Landscape
Global DC Drives Market Revenue Share Analysis, By Key Players, 2020
Company Profiles
Conclusion

For Any Queries and Further Information, Speak to Our Analyst - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/dc-drives-market-101447

Contact:

Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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