Home > Semiconductors & Electronics > Automation > Industrial Automation > Asia Pacific Low Voltage Drives Market

Asia Pacific Low Voltage Drives Market Share

  • Report ID: GMI5373
  • Published Date: Oct 2022
  • Report Format: PDF
 Download Free Sample

Asia Pacific Low Voltage Drives Market Share

Top companies operating in the APAC low voltage drives market include

  • Siemens
  • ABB
  • Danfoss
  • Fuji Electric Co., Ltd.
  • Schneider Electric
  • Rockwell Automation, Inc.
  • GE
  • Hitachi Hi-Rel Power Electronics Private Limited
  • Honeywell International, Inc.
  • Eaton
  • Emerson Electric Co.
  • CG Power and Industrial Solutions Limited
  • Johnson Controls
  • Invertek Drives Far East Pte Ltd
  • Mitsubishi Electric Corporation
  • Yaskawa Electric Corporation
  • Hiconics Eco-energy Technology Co., Ltd.

These leaders are planning product launches to expand their business operations and reinforce their market position.

Citing an instance, in June 2022, Yaskawa Electric Singapore unveiled Sigma-10 (Σ-X) series AC servo drive. These units deliver optimal equipment performance and high production efficiency. The servo drives also support data collection without altering the equipment design. This launch was intended to expand Yasakawa’s existing portfolio of low voltage drives.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of APAC low voltage drives crossed USD 12.9 billion in 2023 and will depict over 4.1% CAGR through 2032, due to rapid commercialization and industrialization in emerging economies.

The low voltage drives demand in Asia Pacific oil & gas industry is projected to be worth over USD 1.8 billion by 2030, with increasing investments in hydrocarbon production and extensive use of electrical equipment in O&G operations.

The Indian market size will exceed USD 1.3 billion by 2030 on account of the rapid expansion of the manufacturing sector, as well as rising investment in utility-based electrification.

Siemens, ABB, Danfoss, Fuji Electric Co., Ltd., Schneider Electric, Invertek Drives Far East Pte Ltd, Yaskawa Electric Corporation, and Rockwell Automation, are a few of the companies operating in the APAC market.

Asia Pacific Low Voltage Drives Market Scope

  • Asia Pacific Low Voltage Drives Market Size
  • Asia Pacific Low Voltage Drives Market Analysis
  • Asia Pacific Low Voltage Drives Market Share

    • Buy Now

    Immediate Delivery Available

    Premium Report Details

    • Base Year: 2023
    • Companies covered: 19
    • Tables & Figures: 920
    • Countries covered: 11
    • Pages: 690
     Download Free Sample
    ×
    Get a free sample of Asia Pacific Low Voltage Drives Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.