1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global AC Drives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Power Rating
5.5 Market Breakup by Voltage
5.6 Market Breakup by Application
5.7 Market Breakup by End-Use
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Power Rating
6.1 Low Power Drives (<40 kW)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Medium Power Drives (41 kW - 200 kW)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 High Power Drives (>200 kW)
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Voltage
7.1 Low Voltage
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Voltage
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Pumps
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fans
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Compressor
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Conveyors
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Extruders
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End-Use
9.1 Food and Beverage
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Water and Wastewater
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 HVAC
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Oil and Gas
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Power
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Metal Processing
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Chemicals
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 Global AC Drives Industry: SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Ltd
15.3.2 Danfoss Group
15.3.3 Schneider Electric Se
15.3.4 Siemens AG
15.3.5 Mitsubishi Electrical Corporation
15.3.6 Fuji Electric Co. Ltd.
15.3.7 Emerson Electric Co.
15.3.8 Hitachi Ltd
15.3.9 Parker Hannifin Corporation
15.3.10 Rockwell Automation,Inc.
15.3.11 Toshiba International Corporation
15.3.12 WEG SA
15.3.13 Yaskawa Electric Corporation
List of Figures
Figure 1: Global: AC Drives Market: Major Drivers and Challenges
Figure 2: Global: AC Drives Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: AC Drives Market: Breakup by Power Rating (in %), 2024
Figure 4: Global: AC Drives Market: Breakup by Voltage (in %), 2024
Figure 5: Global: AC Drives Market: Breakup by Application (in %), 2024
Figure 6: Global: AC Drives Market: Breakup by End-Use (in %), 2024
Figure 7: Global: AC Drives Market: Breakup by Region (in %), 2024
Figure 8: Global: AC Drives Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 9: Global: AC Drives Industry: SWOT Analysis
Figure 10: Global: AC Drives Industry: Value Chain Analysis
Figure 11: Global: AC Drives Industry: Porter’s Five Forces Analysis
Figure 12: Global: AC Drives (Low Power Drives) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: AC Drives (Low Power Drives) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: AC Drives (Medium Power Drives) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: AC Drives (Medium Power Drives) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: AC Drives (High Power Drives) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: AC Drives (High Power Drives) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: AC Drives (Low Voltage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: AC Drives (Low Voltage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: AC Drives (Medium Voltage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: AC Drives (Medium Voltage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: AC Drives (Pumps) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: AC Drives (Pumps) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: AC Drives (Fans) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: AC Drives (Fans) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: Global: AC Drives (Compressor) Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: Global: AC Drives (Compressor) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Global: AC Drives (Conveyors) Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Global: AC Drives (Conveyors) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Global: AC Drives (Extruders) Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Global: AC Drives (Extruders) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Global: AC Drives (Others) Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Global: AC Drives (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: Global: AC Drives (Food and Beverage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: Global: AC Drives (Food and Beverage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: Global: AC Drives (Water and Wastewater) Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: Global: AC Drives (Water and Wastewater) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: Global: AC Drives (HVAC) Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: Global: AC Drives (HVAC) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Global: AC Drives (Oil and Gas) Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Global: AC Drives (Oil and Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Global: AC Drives (Power) Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Global: AC Drives (Power) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Global: AC Drives (Metal Processing) Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Global: AC Drives (Metal Processing) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: Global: AC Drives (Chemicals) Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: Global: AC Drives (Chemicals) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 48: Global: AC Drives (Others) Market: Sales Value (in Million USD), 2019 & 2024
Figure 49: Global: AC Drives (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 50: North America: AC Drives Market: Sales Value (In Million USD), 2019 & 2024
Figure 51: North America: AC Drives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 52: Europe: AC Drives Market: Sales Value (in Million USD), 2019 & 2024
Figure 53: Europe: AC Drives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 54: Asia Pacific: AC Drives Market: Sales Value (in Million USD), 2019 & 2024
Figure 55: Asia Pacific: AC Drives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 56: Middle East and Africa: AC Drives Market: Sales Value (in Million USD), 2019 & 2024
Figure 57: Middle East and Africa: AC Drives Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 58: Latin America: AC Drives Market: Sales Value (in Million USD), 2019 & 2024
Figure 59: Latin America: AC Drives Market Forecast: Sales Value (in Million USD), 2025-2033
List of Tables
Table 1: Global: AC Drives Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: AC Drives Market Forecast: Breakup by Power Rating (in Million USD), 2025-2033
Table 3: Global: AC Drives Market Forecast: Breakup by Voltage (in Million USD), 2025-2033
Table 4: Global: AC Drives Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 5: Global: AC Drives Market Forecast: Breakup by End-Use (in Million USD), 2025-2033
Table 6: Global: AC Drives Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 7: Global: AC Drives Market Structure
Table 8: Global: AC Drives Market: Key Players