Product Code: 5395
The global Asia Pacific medium voltage drives market is anticipated to garner robust growth through 2030 owing to the ongoing integration of advanced operating systems through the heavy-duty end-use verticals.
The key companies in the market are primarily concentrating on the development of cutting-edge systems through strategic partnerships and technological advancements in order to provide improved energy security, decreased power losses, as well as cost-effective solutions.
For instance, in April 2021, Schneider Electric added the Altivar Process ATV6000 to their product lineup. The new solution provides application-specific solutions for a variety of industrial applications, such as mining, power plants, oil & gas, minerals & metals. The new product has improved the firm's portfolio and enhanced its standing within the sector.
The Asia Pacific medium voltage drives market has been classified in terms of power range, drive, application, end-use, and country.
Based on power range, the > 7 MW segment is slated to record decent gains throughout the forecast timeline due to the increasing use of highly effective and dependable technologies in heavy-duty industrial processes, including those in the petrochemical, oil & gas, and maritime sectors, among others.
With respect to drive, the DC segment is expected to propel steadily from 2022 to 2030 stimulated by a paradigm shift toward the integration of efficient monitoring and control systems across small and large applications in accordance with the growing desire to adjust motor speed according to the actual requirements to reduce energy losses.
In terms of application, the conveyer segment is projected to proliferate substantially attributed to the rise in demand for increased process availability and the expansion of optimized drives that offer unique starting & operating characteristics for high-performance conveyor belts. Meanwhile, the extruder segment is speculated to advance considerably by the end of the review years credited to the rising investments in metals & mining, oil & gas, and precision speed & torque control systems to fulfill the actual needs that will support the industry landscape.
Based on end-use, the marine segment is estimated to attain sizeable growth over the analysis timeline fueled by the high adoption of efficient technologies, such as medium voltage drive units to improve energy efficiency & reliability, minimized costs systems, decreased maintenance downtime, high performance, and low exhaust emissions, among other requirements, positively propelling the business environment.
From the regional outlook, the Japan medium voltage drives market is set to capture considerable market share by the end of the research duration driven by the commercial and industrial sectors' ongoing retrofitting projects along with increased efforts to maximize energy security.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimates and forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Asia Pacific Medium Voltage Drives Industry Insights
- 2.1 Industry ecosystem analysis
- 2.2 Innovation & technology landscape
- 2.2.1 Rockwell Automation Inc.
- 2.2.2 Danfoss
- 2.2.3 Triol Corporation
- 2.2.4 Siemens
- 2.2.5 WEG
- 2.2.6 Yaskawa ELECTRIC (SINGAPORE) PTE LTD
- 2.2.7 ABB
- 2.3 Regulatory landscape
- 2.3.1 International Standards
- 2.3.1.1 International Electrotechnical Commission (IEC)
- 2.3.1.2 Institute of Electrical and Electronics Engineers (IEEE)
- 2.3.1.3 China
- 2.3.1.3.1 Methods of Administration of Electricity Conservation
- 2.3.1.4 India
- 2.3.1.5 Australia
- 2.3.1.5.1 Australia Standard (AS) 3439
- 2.3.1.5.2 AURETR3019: Inspect, service and repair AC electric motor drive systems
- 2.4 COVID- 19 impact on the industry outlook
- 2.5 Industry impact forces
- 2.5.1 Growth drivers
- 2.5.1.1 Increasing electricity capacity addition
- 2.5.1.2 Growing investments across industrial establishments
- 2.5.1.3 Substantial untapped potential across end-use verticals
- 2.5.2 Industry pitfalls & challenges
- 2.5.2.1 Significant initial cost
- 2.6 Growth potential analysis
- 2.7 Porter's Analysis
- 2.7.1 Bargaining power of suppliers
- 2.7.2 Bargaining power of buyers
- 2.7.3 Threat of new entrants
- 2.7.4 Threat of substitutes
- 2.8 Competitive landscape, 2021
- 2.8.1 Strategy dashboard
- 2.8.1.1 Fuji Electric Co., Ltd.
- 2.8.1.2 Eaton
- 2.8.1.3 Rockwell Automation, Inc.
- 2.8.1.4 Yaskawa ELECTRIC (SINGAPORE) PTE LTD
- 2.8.1.5 Siemens
- 2.9 PESTEL Analysis
Chapter 3 Asia Pacific Medium Voltage Drives Market, By Power Range
- 3.1 Asia Pacific medium voltage drives market share by power range, 2021 & 2030
- 3.2 ≤ 1 MW
- 3.2.1 Asia Pacific market from ≤ 1 MW, 2018 - 2030
- 3.2.2 Asia Pacific market from ≤ 1 MW, by country, 2018 - 2030
- 3.3 1 MW - 3 MW
- 3.3.1 Asia Pacific market from 1 MW - 3 MW, 2018 - 2030
- 3.3.2 Asia Pacific market from 1 MW - 3 MW, by country, 2018 - 2030
- 3.4 3 MW - 7 MW
- 3.4.1 Asia Pacific market from 3 MW - 7 MW, 2018 - 2030
- 3.4.2 Asia Pacific market from 3 MW - 7 MW, by country, 2018 - 2030
- 3.5 > 7 MW
- 3.5.1 Asia Pacific market from > 7 MW, 2018 - 2030
- 3.5.2 Asia Pacific market from > 7 MW, by country, 2018 - 2030
Chapter 4 Asia Pacific Medium Voltage Drives Market, By Drive
- 4.1 Asia Pacific medium voltage drives market share by drive, 2021 & 2030
- 4.2 AC
- 4.2.1 Asia Pacific market from AC, 2018 - 2030
- 4.2.2 Asia Pacific market from AC, by country, 2018 - 2030
- 4.3 DC
- 4.3.1 Asia Pacific market from DC, 2018 - 2030
- 4.3.2 Asia Pacific market from DC, by country, 2018 - 2030
- 4.4 Servo
- 4.4.1 Asia Pacific market from servo, 2018 - 2030
- 4.4.2 Asia Pacific market from servo, by country, 2018 - 2030
Chapter 5 Asia Pacific Medium Voltage Drives Market, By Application
- 5.1 Asia Pacific medium voltage drives market share by application, 2021 & 2030
- 5.2 Pump
- 5.2.1 Asia Pacific market from pump, 2018 - 2030
- 5.2.2 Asia Pacific market from pump, by country, 2018 - 2030
- 5.3 Fan
- 5.3.1 Asia Pacific market from fan, 2018 - 2030
- 5.3.2 Asia Pacific market from fan, by country, 2018 - 2030
- 5.4 Conveyor
- 5.4.1 Asia Pacific market from conveyor, 2018 - 2030
- 5.4.2 Asia Pacific market from conveyor, by country, 2018 - 2030
- 5.5 Compressor
- 5.5.1 Asia Pacific market from compressor, 2018 - 2030
- 5.5.2 Asia Pacific market from compressor, by country, 2018 - 2030
- 5.6 Extruder
- 5.6.1 Asia Pacific market from extruder, 2018 - 2030
- 5.6.2 Asia Pacific market from extruder, by country, 2018 - 2030
- 5.7 Others
- 5.7.1 Asia Pacific market from others, 2018 - 2030
- 5.7.2 Asia Pacific market from others, by country, 2018 - 2030
Chapter 6 Asia Pacific Medium Voltage Drives Market, By End-Use
- 6.1 Asia Pacific medium voltage drives market share by end-use, 2021 & 2030
- 6.2 Oil & gas
- 6.2.1 Asia Pacific market from oil & gas, 2018 - 2030
- 6.2.2 Asia Pacific market from oil & gas, by country, 2018 - 2030
- 6.3 Power generation
- 6.3.1 Asia Pacific market from power generation, 2018 - 2030
- 6.3.2 Asia Pacific market from power generation, by country, 2018 - 2030
- 6.4 Mining & metals
- 6.4.1 Asia Pacific market from mining & metals, 2018 - 2030
- 6.4.2 Asia Pacific market from mining & metals, by country, 2018 - 2030
- 6.5 Pulp & paper
- 6.5.1 Asia Pacific market from pulp & paper, 2018 - 2030
- 6.5.2 Asia Pacific market from pulp & paper, by country, 2018 - 2030
- 6.6 Marine
- 6.6.1 Asia Pacific market from marine, 2018 - 2030
- 6.6.2 Asia Pacific market from marine, by country, 2018 - 2030
- 6.7 Others
- 6.7.1 Asia Pacific market from others, 2018 - 2030
- 6.7.2 Asia Pacific market from others, by country, 2018 - 2030
Chapter 7 Asia Pacific Medium Voltage Drives Market, By Country
- 7.1 Asia Pacific medium voltage drives market share by country, 2021 & 2030
- 7.2 China
- 7.2.1 China market, 2018 - 2030
- 7.2.2 China market by power range, 2018 - 2030
- 7.2.3 China market by drive, 2018 - 2030
- 7.2.4 China market by application, 2018 - 2030
- 7.2.5 China market by end-use, 2018 - 2030
- 7.3 Japan
- 7.3.1 Japan market, 2018 - 2030
- 7.3.2 Japan market by power range, 2018 - 2030
- 7.3.3 Japan market by drive, 2018 - 2030
- 7.3.4 Japan market by application, 2018 - 2030
- 7.3.5 Japan market by end-use, 2018 - 2030
- 7.4 India
- 7.4.1 India market, 2018 - 2030
- 7.4.2 India market by power range, 2018 - 2030
- 7.4.3 India market by drive, 2018 - 2030
- 7.4.4 India market by application, 2018 - 2030
- 7.4.5 India market by end-use, 2018 - 2030
- 7.5 Australia
- 7.5.1 Australia market, 2018 - 2030
- 7.5.2 Australia market by power range, 2018 - 2030
- 7.5.3 Australia market by drive, 2018 - 2030
- 7.5.4 Australia market by application, 2018 - 2030
- 7.5.5 Australia market by end-use, 2018 - 2030
- 7.6 South Korea
- 7.6.1 South Korea market, 2018 - 2030
- 7.6.2 South Korea market by power range, 2018 - 2030
- 7.6.3 South Korea market by drive, 2018 - 2030
- 7.6.4 South Korea market by application, 2018 - 2030
- 7.6.5 South Korea market by end-use, 2018 - 2030
- 7.7 Thailand
- 7.7.1 Thailand market, 2018 - 2030
- 7.7.2 Thailand market by power range, 2018 - 2030
- 7.7.3 Thailand market by drive, 2018 - 2030
- 7.7.4 Thailand market by application, 2018 - 2030
- 7.7.5 Thailand market by end-use, 2018 - 2030
- 7.8 Singapore
- 7.8.1 Singapore market, 2018 - 2030
- 7.8.2 Singapore market by power range, 2018 - 2030
- 7.8.3 Singapore market by drive, 2018 - 2030
- 7.8.4 Singapore market by application, 2018 - 2030
- 7.8.5 Singapore market by end-use, 2018 - 2030
- 7.9 Malaysia
- 7.9.1 Malaysia market, 2018 - 2030
- 7.9.2 Malaysia market by power range, 2018 - 2030
- 7.9.3 Malaysia market by drive, 2018 - 2030
- 7.9.4 Malaysia market by application, 2018 - 2030
- 7.9.5 Malaysia market by end-use, 2018 - 2030
- 7.10 Philippines
- 7.10.1 Philippines market, 2018 - 2030
- 7.10.2 Philippines market by power range, 2018 - 2030
- 7.10.3 Philippines market by drive, 2018 - 2030
- 7.10.4 Philippines market by application, 2018 - 2030
- 7.10.5 Philippines market by end-use, 2018 - 2030
- 7.11 Vietnam
- 7.11.1 Vietnam market, 2018 - 2030
- 7.11.2 Vietnam market by power range, 2018 - 2030
- 7.11.3 Vietnam market by drive, 2018 - 2030
- 7.11.4 Vietnam market by application, 2018 - 2030
- 7.11.5 Vietnam market by end-use, 2018 - 2030
- 7.12 Indonesia
- 7.12.1 Indonesia market, 2018 - 2030
- 7.12.2 Indonesia market by power range, 2018 - 2030
- 7.12.3 Indonesia market by drive, 2018 - 2030
- 7.12.4 Indonesia market by application, 2018 - 2030
- 7.12.5 Indonesia market by end-use, 2018 - 2030
Chapter 8 Company Profiles
- 8.1 Siemens
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product landscape
- 8.1.4 SWOT analysis
- 8.2 ABB
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
- 8.3 Danfoss
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 SWOT analysis
- 8.4 Fuji Electric Co., Ltd.
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
- 8.5 Schneider Electric
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 SWOT analysis
- 8.6 Rockwell Automation, Inc.
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 SWOT analysis
- 8.7 GE
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 SWOT analysis
- 8.8 Eaton
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 SWOT analysis
- 8.9 CG Power and Industrial Solutions Ltd.
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 SWOT analysis
- 8.10 Nidec Corporation
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 SWOT analysis
- 8.11 WEG
- 8.11.1 Business overview
- 8.11.2 Financial data
- 8.11.3 Product landscape
- 8.11.4 SWOT analysis
- 8.12 Honeywell International, Inc.
- 8.12.1 Business overview
- 8.12.2 Financial data
- 8.12.3 Product landscape
- 8.12.4 SWOT analysis
- 8.13 Hitachi Hi-Rel Power Electronics Private Limited
- 8.13.1 Business overview
- 8.13.2 Financial data
- 8.13.3 Product landscape
- 8.13.4 SWOT analysis
- 8.14 Toshiba-Mitsubishi Electric Industrial Systems Corporation (TMEIC)
- 8.14.1 Business overview
- 8.14.2 Financial data
- 8.14.3 Product landscape
- 8.14.4 SWOT analysis
- 8.15 Triol Corporation
- 8.15.1 Business overview
- 8.15.2 Financial data
- 8.15.3 Product landscape
- 8.15.4 SWOT analysis
- 8.16 VEM Group
- 8.16.1 Business overview
- 8.16.2 Financial data
- 8.16.3 Product landscape
- 8.16.4 SWOT analysis
- 8.17 YASKAWA ELECTRIC (SINGAPORE) PTE LTD
- 8.17.1 Business overview
- 8.17.2 Financial data
- 8.17.3 Product landscape
- 8.17.4 SWOT analysis
- 8.18 Teco Electric & Machinery Pte Ltd
- 8.18.1 Business overview
- 8.18.2 Financial data
- 8.18.3 Product landscape
- 8.18.4 SWOT analysis
- 8.19 Hiconics Eco-energy Technology Co., Ltd.
- 8.19.1 Business overview
- 8.19.2 Financial data
- 8.19.3 Product landscape
- 8.19.4 SWOT analysis
- 8.20 Delta Electronics, Inc.
- 8.20.1 Business overview
- 8.20.2 Financial data
- 8.20.3 Product landscape
- 8.20.4 SWOT analysis