TechNavio’s analysts forecast the Global AC and DC Drives market to reach US$24.26 billion by 2016. One of the key factors contributing to this market growth is increasing demand for AC and DC drives from the APAC region. The Global AC and DC Drives market has also been witnessing increasing demand for end-to-end systems. However, continuous decline in vendors' profit margin could pose a challenge to the growth of this market.
TechNavio’s report, the Global AC and DC Drives Market, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report COVERS the Americas, and the EMEA and APAC regions; it also covers the Global AC and DC Drives market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include ABB Ltd., Siemens AG, Schneider Electric SA, and Converteam
Other vendors mentioned in the report: Rockwell Automation Inc., Danfoss Group, Mitsubishi Electric Corp., Fuji Electric Holdings Co., Ltd., Yaskawa America Inc., Emerson Electric Co., Hitachi Ltd., Beijing Leader & Harvest Electric Technologies Co., Ltd., Hiconics Drive Technology Co., Ltd., and Toshiba Corp.
Key questions answered in this report:
What will the market size be in 2016 and at what will be the growth rate?
What are the key trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?