The global DC Drives market was valued at 1989.84 Million USD in 2021 and will grow with a CAGR of 1.39% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A DC drive is an electrical device used to regulate the speed of a DC motor by controlling the input voltage and/or amperage to the DC motor. It also rectifies the AC power input into DC feed for the motors. Its primary advantages are increased energy savings and reduced motor wear. It is majorly used for variable torque application in industries such as oil & gas, water & wastewater, and mining.Global DC drives market has been segmented based on voltage into low and medium voltage DC drives. The market has also been segmented based on power ratings into low, medium, and high power DC drives. The major end-use industries covered into this report are oil & gas, water & wastewater, power generation, building automation, food & beverages, metals & mining, chemicals & petrochemicals, and others, where others include cement, chemical, and pulp & paper. The regions considered in this report are Asia-Pacific, North America, Europe, Middle East & Africa, and South America. Information regarding the key countries in each region, such as the U.S., Canada, Mexico, China, India, Japan, Australia, Germany, the U.K., Russia, France, Brazil, Saudi Arabia, UAE, and South Africa, among others has also been included in this report.

By Market Verdors:

ABB Ltd.

Siemens AG

Schneider Electric Se

Rockwell Automation

Mitsubishi Electric Corporation

Crompton Greaves Limited

Toshiba International Corporation Ltd.

Danfoss Group

Parker Hannifin Co.

Emerson Electric Co.

American Electric Technologies Inc.

GE Power Conversion

KB Electronics

By Types:

Low Voltage DC Drives

Medium Voltage DC Drives

By Applications:

Low Power Drives

Medium Power Drives

High Power Drives

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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