This report contains market size and forecasts of Electric Drives in global, including the following market information:
Global Electric Drives Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Drives Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Drives companies in 2021 (%)
The global Electric Drives market was valued at 18000 million in 2021 and is projected to reach US$ 20930 million by 2028, at a CAGR of 2.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC Drives Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Drives include ABB, Danfoss, Schneider Electric, Siemens, Rockwell Automation, Mitsubishi Electric, Hitachi, Fuji Electric and Yaskawa Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Drives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drives Market Segment Percentages, by Type, 2021 (%)
AC Drives
DC Drives
Global Electric Drives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drives Market Segment Percentages, by Application, 2021 (%)
Oil and gas
Water and waste water treatment
Food and beverage
Mining
Global Electric Drives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drives Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Drives revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Drives revenues share in global market, 2021 (%)
Key companies Electric Drives sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Drives sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Danfoss
Schneider Electric
Siemens
Rockwell Automation
Mitsubishi Electric
Hitachi
Fuji Electric
Yaskawa Electric
Emerson Electric
Toshiba