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低壓交流驅動器市場規模、佔有率、成長及全球產業分析:依類型、應用和地區劃分的洞察與預測(2024-2032 年)

Low Voltage AC Drive Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

出版日期: | 出版商: Fortune Business Insights Pvt. Ltd. | 英文 210 Pages | 商品交期: 請詢問到貨日

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低壓交流驅動器市場成長推動因素

由於工業自動化加速發展、節能措施的推行以及流程最佳化,全球低壓交流驅動器市場持續擴張。最新數據顯示,在製造業和基礎設施領域應用日益廣泛推動下,該市場預計到 2024 年將達到 89.1 億美元。在城市化進程加快、節能技術發展以及智慧馬達控制系統普及的推動下,預計到2025年,市場規模將達到93.8億美元,到2032年將進一步增長至121.4億美元。

產業概觀

低電壓交流驅動器(也稱為變頻驅動器:VFD 和可調速驅動器:ASD)是關鍵的電力電子設備,它透過調節電壓和頻率來控制馬達的轉速和扭矩。這些驅動器廣泛應用於暖通空調、石油天然氣、水處理、化學和製造等行業,有助於提高效率、降低營運成本並改善流程自動化。

丹佛斯、ABB、西門子、施耐德電機和富士電機等領先企業正在推出適用於各種工業應用的緊湊型、節能型和物聯網驅動技術。

市場推動因素

空調(HVAC)產業和基礎設施建設需求成長

空調(HVAC)產業仍然是市場成長的主要推動力之一。交流驅動器可實現變速控制,有助於優化馬達性能並降低空調系統的能耗。 2024年7月,LG宣布對印度空調產業,特別是系統空調(SAC)領域進行重大投資,反映出市場對先進、節能系統的需求日益增長。

包括智慧電網、智慧建築和綠色工業園區在內的基礎設施擴張進一步推動了該行業的需求。例如,2025年5月,馬哈拉施特拉邦政府啟動了一個大型工業和物流園區,這增加了對低電壓交流驅動器驅動的自動化系統的需求。

市場限制因子

初始安裝成本高

交流驅動器的實施成本(包括設計、整合和安裝)仍然是一個重大障礙。雖然這些系統能夠帶來長期的節能效益,但由於資金有限和初始投資要求高,中小企業尤其難以採用這些系統。

市場機會

再生能源專案的擴展

全球再生能源的擴展為交流驅動器製造商創造了巨大的機會。交流驅動器對於風力渦輪機、太陽能追蹤系統和再生能源電站的馬達控制至關重要。歐盟2023年再生能源指令旨在2030年將溫室氣體排放量減少55%,而印度到2030年實現500吉瓦非化石燃料發電裝置容量的政策目標,預計將促進低壓交流驅動器在綠色能源基礎設施中的應用。

主要市場趨勢

轉型為緊湊型、節能型驅動系統

各行業正在向緊湊型、智慧化、節能型交流驅動解決方案轉型,這些解決方案整合了碳化矽 (SiC) 和氮化鎵 (GaN) 等半導體技術創新。新型多軸驅動器、智慧馬達驅動系統和基於感測器的監控技術進一步提高了性能並降低了能耗。隨著各行業向工業 4.0 轉型,這些進步有望推動其應用。

區隔市場洞察

依電壓劃分

由於 101-350V 電壓範圍廣泛應用於泵浦、風扇、壓縮機和輸送機,預計此電壓範圍將引領市場。 351-700V 電壓範圍也在不斷擴大,尤其是在機器人、物料搬運和重工業流程領域。

依應用領域

預計到 2024 年,泵類應用將佔最大市場佔有率,這主要得益於污水處理、農業、暖通空調 (HVAC) 和工業流程等領域的日益普及。交流驅動器透過使泵速與需求相匹配,顯著降低了能耗。

依最終使用者

由於交流驅動器能夠優化渦輪機、冷卻系統和壓縮機中的馬達性能,預計發電領域將引領市場。石油天然氣和水處理產業預計也將快速成長。

區域展望

北美

成長的推動因素包括自動化程度的提高、電力消耗的增加以及電力產業的現代化。預計到 2026 年,美國的電力需求將成長 3% 至 5%,這將推動驅動器的安裝量成長。

歐洲

嚴格的效率法規和現代化的工業基礎設施正在推動技術應用。德國、義大利和法國正透過強而有力的製造業和永續發展措施來推動市場需求。

亞太地區

在快速工業化和大規模投資的推動下,該地區將在2024年主導市場。中國在機器人和工業技術領域1,400億美元的投資(2024年)以及印度不斷發展的製造業生態系統都支撐了市場需求。

拉丁美洲、中東和非洲

工業現代化、再生能源項目以及石油天然氣、採礦和建築業的擴張推動了成長。

目錄

第一章:引言

第二章:摘要整理

第三章:市場動態

  • 市場推動因素
  • 市場阻礙因素
  • 市場機遇

第四章:主要發現

  • 主要國家的主要新興趨勢
  • 最新技術進展
  • 監理環境分析
  • 波特五力分析
  • 關稅對全球低壓交流驅動器市場的影響

第五章:全球低壓交流驅動器市場分析、洞察與預測 (2019-2032)

  • 主要發現
  • 依電壓劃分的市場分析、洞察與預測
    • 100V 以下
    • 101-350V
    • 351-700V
  • 依應用劃分的市場分析、洞察與預測
    • 輸送機
    • 壓縮機
    • 電風扇
    • 擠出機
    • 其他
  • 依最終用戶劃分的市場分析、洞察和預測
    • 食品飲料
    • 石油天然氣
    • 發電
    • 樓宇自動化
    • 金屬和採礦
    • 水和廢水處理
    • 化工石油化工
    • 其他
  • 市場分析、洞察與預測 - 依地區劃分
    • 北美
    • 歐洲
    • 亞太地區
    • 拉丁美洲
    • 中東和非洲

第六章:北美低電壓交流驅動器市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 美國
    • 加拿大

第七章:歐洲低電壓交流驅動器市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 美國王國
    • 德國
    • 法國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 歐洲其他地區

第八章 亞太地區低壓交流驅動器市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 中國
    • 印度
    • 日本
    • 澳大利亞
    • 東南亞
    • 亞太其他地區

第九章 拉丁美洲低壓交流驅動器市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 巴西
    • 墨西哥
    • 拉丁美洲其他地區美洲

第十章:中東與非洲低壓交流驅動器市場分析、洞察與預測(2019-2032)

  • 依國家劃分
    • 海灣合作委員會 (GCC)
    • 南非
    • 中東和非洲其他地區

第十一章:競爭分析

  • 依公司劃分的市佔率分析(2024)
  • 公司簡介
    • ABB
    • 業務概覽
    • 產品與服務
    • 近期發展
    • 財務數據(視情況而定)

第十二章:公司資訊

  • 丹佛斯集團
  • 施耐德電機電氣
  • 西門子
  • 富士電機
  • 英飛凌科技股份公司
  • 派克漢尼汾
  • 羅克韋爾自動化
  • 東芝國際公司
  • WEG
  • 安川電機株式會社
Product Code: FBI113891

Growth Factors of low voltage AC drive Market

The global low voltage AC drive market continues to expand as industries accelerate automation, energy efficiency initiatives, and process optimization. According to the latest data, the market was valued at USD 8.91 billion in 2024, supported by rising adoption across manufacturing and infrastructure sectors. The market is projected to reach USD 9.38 billion in 2025 and further grow to USD 12.14 billion by 2032, driven by increasing urbanization, growth of energy-efficient technologies, and the shift toward intelligent motor control systems.

Industry Overview

Low-voltage AC drives-also known as Variable Frequency Drives (VFDs) or Adjustable Speed Drives (ASDs)-are essential power electronic devices used to control the speed and torque of electric motors by adjusting voltage and frequency. These drives are widely deployed across industries such as HVAC, oil & gas, water treatment, chemicals, and manufacturing to ensure efficiency, reduce operational costs, and improve process automation.

Leading companies such as Danfoss, ABB, Siemens, Schneider Electric, and Fuji Electric are introducing compact, energy-efficient, and IoT-enabled drive technologies suitable for diverse industrial applications.

Market Drivers

Rising Demand from HVAC and Infrastructure Development

The HVAC industry remains one of the most significant contributors to market growth. AC drives help HVAC systems optimize motor performance and reduce energy consumption by enabling variable speed control. In July 2024, LG announced substantial investments in India's HVAC industry focused on System Air Conditioners (SACs), reflecting the market's growing inclination toward advanced, energy-efficient systems.

Infrastructure expansion, including smart grids, smart buildings, and green industrial parks, further supports industry demand. For example, in May 2025, the Government of Maharashtra launched large-scale industrial and logistics parks, increasing the need for automated systems powered by low-voltage AC drives.

Market Restraints

High Upfront Installation Costs

The initial cost of AC drives-including engineering, integration, and installation-remains a major restraint. While these systems offer long-term energy savings, SMEs in particular struggle to adopt them due to limited financial resources and high initial investment requirements.

Market Opportunities

Expansion of Renewable Energy Projects

Global renewable energy expansion is creating strong opportunities for AC drive manufacturers. AC drives are crucial for controlling motors in wind turbines, solar tracking systems, and renewable power plants. The EU's 2023 Renewable Energy Directive, aiming for a 55% reduction in greenhouse gas emissions by 2030, and India's target of 500 GW of non-fossil fuel capacity by 2030, are expected to increase the use of low-voltage AC drives in green energy infrastructure.

Key Market Trends

Shift Toward Compact, Energy-Efficient Drive Systems

Industries are moving toward compact, intelligent, and energy-efficient AC drive solutions, often integrating semiconductor innovations such as SiC and GaN components. Newer multi-axis drives, smart motor-drive systems, and sensor-based monitoring further enhance performance and reduce energy consumption. These advancements are expected to boost adoption as industries transition to Industry 4.0.

Segmentation Insights

By Voltage

The 101-350V segment is projected to dominate due to its widespread use in pumps, fans, compressors, and conveyors. The 351-700V segment is also expanding, particularly in robotics, material handling, and heavy industrial processes.

By Application

The pumps segment held the largest share in 2024, supported by increasing adoption in wastewater treatment, agriculture, HVAC, and industrial processing. AC drives significantly reduce energy consumption by matching pump speed to demand.

By End-User

The power generation segment is expected to dominate the market, as AC drives optimize motor performance in turbines, cooling systems, and compressors. Rapid growth is also seen in oil & gas and water treatment.

Regional Outlook

North America

Growth is driven by expanding automation, rising electricity consumption, and modernization of the power sector. U.S. electricity demand is expected to rise 3% to 5% by 2026, boosting drive installations.

Europe

Stringent efficiency regulations and modernization of industrial infrastructure drive adoption. Germany, Italy, and France lead market demand through strong manufacturing and sustainability initiatives.

Asia Pacific

This region dominated the market in 2024, supported by rapid industrialization and major investments. China's USD 140 billion investment in robotics and industrial technologies (2024) and India's growing manufacturing ecosystem bolster demand.

Latin America & Middle East-Africa

Growth is supported by industrial modernization, renewable projects, and expansion in oil & gas, mining, and construction sectors.

Conclusion

With the market expected to reach USD 12.14 billion by 2032, the global low voltage AC drive industry is poised for sustainable growth driven by industrial automation, renewable energy expansion, and adoption of energy-efficient motor control solutions.

Segmentation By Voltage

  • Below 100V
  • 101 to 350V
  • 351 to 700V

By Application

  • Pumps
  • Conveyers
  • Compressors
  • Electric Fan
  • Extruders
  • Others

By End-User

  • Food & Beverage
  • Oil & Gas
  • Power Generation
  • Building Automation
  • Metal & Mining
  • Water & Wastewater
  • Chemicals & Petrochemicals
  • Others

By Region

  • North America (By Voltage, By Application, By End-User, By Country)
    • U.S.
    • Canada
  • Europe (By Voltage, By Application, By End-User, By Country)
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific (By Voltage, By Application, By End-User, By Country)
    • China
    • India
    • Japan
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America (By Voltage, By Application, By End-User, By Country)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (By Voltage, By Application, By End-User, By Country)
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities

4. Key Insights

  • 4.1. Key Emerging Trends - For Major Countries
  • 4.2. Latest Technological Advancement
  • 4.3. Insight on Regulatory Landscape
  • 4.4. Porters Five Forces Analysis
  • 4.5. Impact of Tariffs on the Global Low Voltage AC Drive Market

5. Global Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 5.1. Key Findings
  • 5.2. Market Analysis, Insights, and Forecast - By Voltage
    • 5.2.1. Below 100V
    • 5.2.2. 101 to 350V
    • 5.2.3. 351 to 700V
  • 5.3. Market Analysis, Insights, and Forecast - By Application
    • 5.3.1. Pumps
    • 5.3.2. Conveyers
    • 5.3.3. Compressors
    • 5.3.4. Electric Fan
    • 5.3.5. Extruders
    • 5.3.6. Others
  • 5.4. Market Analysis, Insights, and Forecast - By End-User
    • 5.4.1. Food & Beverage
    • 5.4.2. Oil & Gas
    • 5.4.3. Power Generation
    • 5.4.4. Building Automation
    • 5.4.5. Metal & Mining
    • 5.4.6. Water & Wastewater
    • 5.4.7. Chemicals & Petrochemicals
    • 5.4.8. Others
  • 5.5. Market Analysis, Insights, and Forecast - By Region
    • 5.5.1. North America
    • 5.5.2. Europe
    • 5.5.3. Asia Pacific
    • 5.5.4. Latin America
    • 5.5.5. Middle East & Africa

6. North America Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 6.1. Key Findings
  • 6.2. Market Analysis, Insights, and Forecast - By Voltage
    • 6.2.1. Below 100V
    • 6.2.2. 101 to 350V
    • 6.2.3. 351 to 700V
  • 6.3. Market Analysis, Insights, and Forecast - By Application
    • 6.3.1. Pumps
    • 6.3.2. Conveyers
    • 6.3.3. Compressors
    • 6.3.4. Electric Fan
    • 6.3.5. Extruders
    • 6.3.6. Others
  • 6.4. Market Analysis, Insights, and Forecast - By End-User
    • 6.4.1. Food & Beverage
    • 6.4.2. Oil & Gas
    • 6.4.3. Power Generation
    • 6.4.4. Building Automation
    • 6.4.5. Metal & Mining
    • 6.4.6. Water & Wastewater
    • 6.4.7. Chemicals & Petrochemicals
    • 6.4.8. Others
  • 6.5. Market Analysis, Insights and Forecast - By Country
    • 6.5.1. U.S.
    • 6.5.2. Canada

7. Europe Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 7.1. Key Findings
  • 7.2. Market Analysis, Insights, and Forecast - By Voltage
    • 7.2.1. Below 100V
    • 7.2.2. 101 to 350V
    • 7.2.3. 351 to 700V
  • 7.3. Market Analysis, Insights, and Forecast - By Application
    • 7.3.1. Pumps
    • 7.3.2. Conveyers
    • 7.3.3. Compressors
    • 7.3.4. Electric Fan
    • 7.3.5. Extruders
    • 7.3.6. Others
  • 7.4. Market Analysis, Insights, and Forecast - By End-User
    • 7.4.1. Food & Beverage
    • 7.4.2. Oil & Gas
    • 7.4.3. Power Generation
    • 7.4.4. Building Automation
    • 7.4.5. Metal & Mining
    • 7.4.6. Water & Wastewater
    • 7.4.7. Chemicals & Petrochemicals
    • 7.4.8. Others
  • 7.5. Market Analysis, Insights and Forecast - By Country
    • 7.5.1. UK
    • 7.5.2. Germany
    • 7.5.3. France
    • 7.5.4. Italy
    • 7.5.5. Spain
    • 7.5.6. Russia
    • 7.5.7. Rest of Europe

8. Asia Pacific Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 8.1. Key Findings
  • 8.2. Market Analysis, Insights, and Forecast - By Voltage
    • 8.2.1. Below 100V
    • 8.2.2. 101 to 350V
    • 8.2.3. 351 to 700V
  • 8.3. Market Analysis, Insights, and Forecast - By Application
    • 8.3.1. Pumps
    • 8.3.2. Conveyers
    • 8.3.3. Compressors
    • 8.3.4. Electric Fan
    • 8.3.5. Extruders
    • 8.3.6. Others
  • 8.4. Market Analysis, Insights, and Forecast - By End-User
    • 8.4.1. Food & Beverage
    • 8.4.2. Oil & Gas
    • 8.4.3. Power Generation
    • 8.4.4. Building Automation
    • 8.4.5. Metal & Mining
    • 8.4.6. Water & Wastewater
    • 8.4.7. Chemicals & Petrochemicals
    • 8.4.8. Others
  • 8.5. Market Analysis, Insights and Forecast - By Country
    • 8.5.1. China
    • 8.5.2. India
    • 8.5.3. Japan
    • 8.5.4. Australia
    • 8.5.5. Southeast Asia
    • 8.5.6. Rest of Asia Pacific

9. Latin America Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 9.1. Key Findings
  • 9.2. Market Analysis, Insights, and Forecast - By Voltage
    • 9.2.1. Below 100V
    • 9.2.2. 101 to 350V
    • 9.2.3. 351 to 700V
  • 9.3. Market Analysis, Insights, and Forecast - By Application
    • 9.3.1. Pumps
    • 9.3.2. Conveyers
    • 9.3.3. Compressors
    • 9.3.4. Electric Fan
    • 9.3.5. Extruders
    • 9.3.6. Others
  • 9.4. Market Analysis, Insights, and Forecast - By End-User
    • 9.4.1. Food & Beverage
    • 9.4.2. Oil & Gas
    • 9.4.3. Power Generation
    • 9.4.4. Building Automation
    • 9.4.5. Metal & Mining
    • 9.4.6. Water & Wastewater
    • 9.4.7. Chemicals & Petrochemicals
    • 9.4.8. Others
  • 9.5. Market Analysis, Insights and Forecast - By Country
    • 9.5.1. Brazil
    • 9.5.2. Mexico
    • 9.5.3. Rest of Latin America

10. Middle East & Africa Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 10.1. Key Findings
  • 10.2. Market Analysis, Insights, and Forecast - By Voltage
    • 10.2.1. Below 100V
    • 10.2.2. 101 to 350V
    • 10.2.3. 351 to 700V
  • 10.3. Market Analysis, Insights, and Forecast - By Application
    • 10.3.1. Pumps
    • 10.3.2. Conveyers
    • 10.3.3. Compressors
    • 10.3.4. Electric Fan
    • 10.3.5. Extruders
    • 10.3.6. Others
  • 10.4. Market Analysis, Insights, and Forecast - By End-User
    • 10.4.1. Food & Beverage
    • 10.4.2. Oil & Gas
    • 10.4.3. Power Generation
    • 10.4.4. Building Automation
    • 10.4.5. Metal & Mining
    • 10.4.6. Water & Wastewater
    • 10.4.7. Chemicals & Petrochemicals
    • 10.4.8. Others
  • 10.5. Market Analysis, Insights and Forecast - By Country
    • 10.5.1. GCC
    • 10.5.2. South Africa
    • 10.5.3. Rest of Middle East & Africa

11. Competitive Analysis

  • 11.1. Company Market Share Analysis, 2024
  • 11.2. Company Profile
    • 11.2.1. ABB
    • 11.2.2. Business Overview
    • 11.2.3. Product and Service Offerings
    • 11.2.4. Recent Developments
    • 11.2.5. Financials (Based on Availability)

12. Similar data will be provided for the below listed companies

  • 12.1.
    • 12.1.1. Danfoss Group
    • 12.1.2. Schneider Electric
    • 12.1.3. Siemens
    • 12.1.4. Fuji Electric
    • 12.1.5. Infineon Technologies AG
    • 12.1.6. Parker Hannifin
    • 12.1.7. Rockwell Automation
    • 12.1.8. Toshiba International Corporation
    • 12.1.9. WEG
    • 12.1.10. Yaskawa Electric Corporation

List of Tables

  • Table 1: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 2: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 3: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 4: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Region, 2019-2032
  • Table 5: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 6: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 7: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 8: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 9: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 10: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 11: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 12: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 13: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 14: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 15: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 16: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 17: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 18: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 19: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 20: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 21: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 22: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 23: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 24: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032

List of Figures

  • Figure 1: Global Low Voltage AC Drive Market Revenue Breakdown (USD Billion, %), by Region, 2024 & 2032
  • Figure 2: Global Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 3: Global Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 4: Global Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 5: Global Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 6: Global Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 7: Global Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 8: Global Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 9: Global Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 10: Global Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 11: Global Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 12: Global Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 13: Global Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 14: Global Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 15: Global Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 16: Global Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 17: Global Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 18: Global Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 19: Global Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 20: Global Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 21: Global Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 22: North America Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 23: North America Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 24: North America Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 25: North America Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 26: North America Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 27: North America Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 28: North America Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 29: North America Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 30: North America Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 31: North America Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 32: North America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 33: North America Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 34: North America Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 35: North America Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 36: North America Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 37: North America Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 38: North America Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 39: North America Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 40: North America Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 41: North America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 42: Europe Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 43: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 44: Europe Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 45: Europe Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 46: Europe Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 47: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 48: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 49: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 50: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 51: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 52: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 53: Europe Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 54: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 55: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 56: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 57: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 58: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 59: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 60: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 61: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 62: Asia Pacific Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 63: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 64: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 65: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 66: Asia Pacific Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 67: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 68: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 69: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 70: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 71: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 72: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 73: Asia Pacific Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 74: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 75: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 76: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 77: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 78: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 79: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 80: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 81: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 82: Latin America Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 83: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 84: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 85: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 86: Latin America Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 87: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 88: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 89: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 90: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 91: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 92: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 93: Latin America Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 94: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 95: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 96: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 97: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 98: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 99: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 100: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 101: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 102: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 103: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 104: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 105: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 106: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 107: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 108: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 109: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 110: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 111: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 112: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 113: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 114: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 115: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 116: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 117: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 118: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 119: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 120: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 121: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 122: Company Market Share Analysis (%), 2024