Low Voltage AC Drive Market Size, Top Companies, Trends, Growth Factors, and Forecast to 2027

The comprehensive Low Voltage AC Drive Market research report highlights the industry's growth and analysis, which is crucial for new market entrants.  The new market players can get a complete overview of the main characteristics that control the growth of the market like challenges, drivers, opportunities, and technological growth This market research is based on a thorough investigation and presents the correct image of the market in a very clear and graphical format.  This unique market report not only studies the current market scenario but also shows us the future possible projections that may hamper the market growth.  This Low Voltage AC Drive market analysis report gives us valuable information on the market share, industry volume, and development factors.

Low Voltage AC Drive Market is envisaged to record an expansion at the CAGR of 4.56% over the forecast period, 2022 – 2027

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Key Players Mentioned in the Low Voltage AC Drive Market Research Report:

Fuji Electric, ABB, Rockwell Automation, Tmeic, Schneider Electric

Recent Developments 

Last December Hitachi and ABB had agreed to merge at an enterprise value of USS 11 billion. The Japanese major had paid $ 6.85 billion to the Swiss major for 80.1 per cent stake. Hitachi will acquire the remaining 19.9 per cent stake of Hitachi ABB Power Grids to make it a wholly owned subsidiary after 2023

Low Voltage AC Drive Segmentation: 

By the product type, the Low Voltage AC Drive market is primarily split into

Voltage Source Inverter (VSI)
Current Source Inverter (CSI)

By the application, this report covers the following segments:

Pulp & Paper
Metals
Mining
Chemical
Others

Geographic Segment Covered in the Report:

The Low Voltage AC Drive report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period. 

North America (USA and Canada)
Europe (UK, Germany, France and the rest of Europe)
Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
Latin America (Brazil, Mexico, and the rest of Latin America)
Middle East and Africa (GCC and rest of the Middle East and Africa)

North America Dominates The Market

The market in North America and Europe is projected to expand at a high CAGR during the forecast period, as countries in these regions are focusing on upgrading their network infrastructure due to rise in demand for energy efficient equipment. This is anticipated to boost the demand for electronic products.

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Key questions answered in the report:

Which are the five top players of the Low Voltage AC Drive market?
How will the Low Voltage AC Drive market change in the next five years?
Which product and application will take a lion’s share of the Low Voltage AC Drive market?
What are the drivers and restraints of the Low Voltage AC Drive market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Low Voltage AC Drive market throughout the forecast period?

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Table of Contents:

Global Low Voltage AC Drive Market Research Report 2022

Chapter 1 - Low Voltage AC Drive Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 6- Global Low Voltage AC Drive Market Analysis by Application

Chapter 7 - Manufacturing Cost Analysis

Chapter 8 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 9 - Marketing Strategy Analysis, Distributors/Traders

Chapter 10- Market Effect Factors Analysis

Chapter 11- Global Low Voltage AC Drive Market Forecast

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