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DC Drives Market will rise due to increasing demand for energy-efficient | ABB, Siemens, Schneider Electric, Yaskawa

05-12-2023 08:55 PM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

DC Drives Market will rise due to increasing demand

New York, Global DC Drives Market report from Global Insight Services is the single authoritative source of intelligence on DC Drives Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Download a Free PDF Sample Copy of Report - https://www.globalinsightservices.com/request-sample/GIS10154/

DC drives are devices that regulate the speed and torque of electric motors by controlling the flow of direct current (DC) to the motor. DC drives are used in a wide range of applications, from small electric motors in home appliances to large industrial motors that power factory equipment.

There are two main types of DC drives: linear and switch-mode. Linear DC drives use a linear power amplifier to control the DC motor. Switch-mode DC drives use a switch-mode power amplifier to control the DC motor.

Key Players

ABB
Siemens
Schneider Electric
Yaskawa
Danfoss
Eaton
WEG
Kollmorgen

Read more about DC Drives Market here: https://www.globalinsightservices.com/reports/dc-drives-market/

Key Trends

In the past decade, the development of DC drives technology has been driven by the need for more energy-efficient and environmentally-friendly solutions. The trend towards more efficient and higher-performing drives has resulted in the development of new technologies such as brushless DC (BLDC) drives, permanent magnet (PM) DC drives, and hybrid DC drives.

BLDC drives are more efficient than traditional DC drives as they do not require the use of brushes and commutators. This results in lower maintenance costs and improved reliability. BLDC drives are also smaller and lighter than traditional DC drives, making them more suitable for applications where space is limited.

Key Drivers

The DC drives market is primarily driven by the increasing demand for energy-efficient and eco-friendly technologies. The need to reduce carbon emissions and save energy has resulted in the development of more efficient and cost-effective DC drives. In addition, the increasing adoption of DC drives in the automotive and aerospace industries is another key driver of the DC drives market.

The automotive industry is the largest consumer of DC drives, accounting for more than 50% of the total demand. The growing demand for electric vehicles is one of the key drivers of the DC drives market in the automotive industry. The need for efficient and powerful DC drives for electric vehicles is expected to drive the market in the coming years.

Get Customized report as per your requirements - https://www.globalinsightservices.com/request-customization/GIS10154/

Market Segments

By Voltage

Low Voltage
Medium Voltage
By Type

Linear
Switch Mode
By End-Use Industry

Oil & Gas
Power Generation
Water & Wastewater
Building Automation
Food & Beverage
Metals & Mining
Chemicals & Petrochemicals
Pharmaceuticals

Buy your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS10154/

With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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