AC Drives Market Size, Share, Trends Report, Forecast 2033

AC Drives Market Size, Share, Trends and Forecast by Power Rating, Voltage, Application, End-Use, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A1215

Buy Now

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

Purchase Options New Year Sale

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.