An electric drive is a device used to regulate the speed and direction of motors. This is achieved by varying the flow of current through the motor. Drives are classified into two broad categories based on the type of current: AC drives and DC drives. AC drives are used to control AC electric motors, while DC drives are used for DC electric motors. Drives are widely used to regulate and control electrical devices such as fans, conveyors, machine spindles, and pumps.
The analysts forecast global electric drives market to grow at a CAGR of 7.63% over the period 2014-2019.
Covered in this Report
The global electric drives market can be segmented into two: AC drives and DC drives.
The report, Global Electric Drives Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global electric 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.
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Other Prominent Vendors
- Beijing Leader & Harvest Electric Technologies
- Emerson Electric
- Fuji Electric Holdings
- Hiconics Drive Technology
- Karl E. Brinkmann
- Mitsubishi Electric
- Rockwell Automation
- Schneider Electric
- SEW Eurodrive
- Need for Energy Efficiency
- Competition from Vendors in APAC
- Increased Focus on Renewable Energy
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market 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 the key vendors?
- What are the strengths and weaknesses of the key vendors?
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