封面
市場調查報告書
商品編碼
1436103

中壓驅動器市場 - 2019-2029 年按驅動器、按應用、最終用戶、地區和競爭細分的全球行業規模、佔有率、趨勢、機會和預測

Medium Voltage Drives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Drive, By Application, By End-User, By Region, and By Competition 2019-2029

出版日期: | 出版商: TechSci Research | 英文 186 Pages | 商品交期: 2-3個工作天內

價格

We offer 8 hour analyst time for an additional research. Please contact us for the details.

簡介目錄

2023年,全球中壓傳動市場價值為9.4211億美元,預計到2029年,預測期內將出現強勁成長,複合CAGR為4.88%。全球工業化和基礎設施發展的持續趨勢是中壓傳動的主要驅動力帶動市場。隨著各國投資擴大工業部門和建設關鍵基礎設施,對高效率電機控制系統的需求不斷增加。中壓驅動器在最佳化製造、公用事業和建築等各種應用中的電動馬達性能方面發揮關鍵作用,從而支援工業成長和基礎設施發展計劃。

市場概況
預測期 2025-2029
2023 年市場規模 94211萬美元
2029 年市場規模 126517萬美元
2024-2029 年CAGR 4.88%
成長最快的細分市場 伺服
最大的市場 北美洲

主要市場促進因素

加強工業化和基礎設施發展

目錄

第 1 章:產品概述

第 2 章:研究方法

第 3 章:執行摘要

第 4 章:COVID-19 對全球中壓驅動器市場的影響

第 5 章:客戶之聲

第 6 章:全球中壓驅動器市場概述

第 7 章:全球中壓驅動器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按驅動器(交流、直流和伺服)
    • 按應用(泵浦、風扇、輸送機、壓縮機和擠出機)
    • 按最終用戶(石油和天然氣、發電、採礦和金屬、紙漿和造紙以及船舶)
    • 按地區(北美、歐洲、南美、中東和非洲、亞太地區)
  • 按公司分類 (2023)
  • 市場地圖

第 8 章:北美中壓驅動器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 開車
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 9 章:歐洲中壓傳動市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 開車
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 荷蘭
    • 比利時

第 10 章:南美洲中壓傳動市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 開車
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 哥倫比亞
    • 阿根廷
    • 智利

第 11 章:中東和非洲中壓變頻器市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 開車
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 中東和非洲:國家分析
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 南非
    • 土耳其

第 12 章:亞太地區中壓傳動市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 開車
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 澳洲
    • 泰國
    • 馬來西亞

第 13 章:市場動態

  • 促進要素
  • 挑戰

第 14 章:市場趨勢與發展

第 15 章:公司簡介

  • ABB Ltd.
  • Siemens AG
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Danfoss A/S
  • General Electric Company (GE)
  • Eaton Corporation
  • Mitsubishi Electric Corporation
  • Fuji Electric Co., Ltd.
  • Toshiba International Corporation

第 16 章:策略建議

第17章調查會社について,免責事項

簡介目錄
Product Code: 23125

Global Medium Voltage Drives Market was valued at USD 942.11 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.88% through 2029. The ongoing trend of global industrialization and infrastructure development is a major driver for the medium voltage drives market. As countries invest in expanding their industrial sectors and constructing critical infrastructure, the demand for efficient motor control systems rises. Medium voltage drives play a pivotal role in optimizing the performance of electric motors in various applications, such as manufacturing, utilities, and construction, thereby supporting industrial growth and infrastructure development initiatives.

Market Overview
Forecast Period2025-2029
Market Size 2023USD 942.11 Million
Market Size 2029USD 1265.17 Million
CAGR 2024-20294.88%
Fastest Growing SegmentServo
Largest MarketNorth America

Key Market Drivers

Increasing Industrialization and Infrastructure Development

The global medium voltage drives market is significantly influenced by the ongoing trend of increasing industrialization and infrastructure development worldwide. As countries strive to enhance their economic growth, there is a surge in construction activities, manufacturing facilities, and infrastructure projects. Medium voltage drives play a crucial role in controlling the speed and torque of electric motors, which are integral components in various industrial applications. These drives enable efficient energy consumption, process optimization, and overall cost reduction, making them indispensable in industries such as manufacturing, oil and gas, mining, and utilities.

As developing economies continue to urbanize and expand their industrial sectors, the demand for medium voltage drives is on the rise. These drives offer enhanced performance, reliability, and energy efficiency, addressing the growing need for sustainable solutions in power-intensive industries. The integration of smart technologies in medium voltage drives further amplifies their appeal, allowing for remote monitoring, predictive maintenance, and real-time analytics. As a result, the increasing emphasis on industrialization and infrastructure development acts as a pivotal driver propelling the growth of the global medium voltage drives market.

Emphasis on Energy Efficiency and Sustainability

A key driver steering the global medium voltage drives market is the heightened emphasis on energy efficiency and sustainability across various industries. As organizations and governments worldwide prioritize environmental conservation and seek to reduce carbon footprints, the demand for energy-efficient solutions has gained prominence. Medium voltage drives play a critical role in optimizing energy consumption by controlling the speed and power output of electric motors, ensuring that energy is utilized efficiently in various applications.

The integration of advanced technologies, such as variable frequency drives (VFDs) and power electronics, in medium voltage drives contributes significantly to energy savings. By adjusting motor speed based on actual demand, these drives prevent unnecessary energy wastage, leading to reduced operational costs and environmental impact. Industries are increasingly adopting medium voltage drives not only to comply with stringent energy efficiency regulations but also to enhance their overall sustainability initiatives.

Furthermore, the rising awareness of the long-term benefits associated with energy-efficient technologies is driving organizations to invest in medium voltage drives as part of their broader commitment to environmental responsibility. The combination of regulatory pressures, cost savings, and environmental consciousness positions energy efficiency as a compelling driver fostering the growth of the global medium voltage drives market.

Growing Automation and Industry 4.0 Trends

The global medium voltage drives market is experiencing a robust boost from the growing wave of automation and the implementation of Industry 4.0 technologies. As industries transition towards smart manufacturing practices, the need for precise control and monitoring of industrial processes becomes paramount. Medium voltage drives enable seamless integration with automation systems, facilitating the implementation of advanced control strategies and real-time data analytics.

Industry 4.0 emphasizes the convergence of digital technologies, the Internet of Things (IoT), and artificial intelligence to create intelligent and interconnected industrial ecosystems. Medium voltage drives, when equipped with communication protocols and connectivity features, become integral components in the realization of smart factories. These drives enable remote monitoring, predictive maintenance, and the exchange of data between different elements of the production process, leading to enhanced operational efficiency and reduced downtime.

The demand for medium voltage drives is further fueled by the need for flexibility and adaptability in manufacturing processes. As industries embrace agile production methodologies, medium voltage drives provide the necessary flexibility to adjust motor speed and torque in real-time, optimizing processes and improving overall productivity. The convergence of automation and Industry 4.0 trends acts as a potent driver, propelling the global medium voltage drives market into a new era of advanced industrial control and connectivity.

Key Market Challenges

Economic Uncertainties and Capital Expenditure Constraints

One of the significant challenges facing the global medium voltage drives market is the impact of economic uncertainties and constraints on capital expenditures. The medium voltage drives market is closely tied to the overall economic conditions, and fluctuations in economic indicators, such as GDP growth, inflation rates, and global trade tensions, can significantly affect investment decisions by industries. During periods of economic downturns or uncertainties, businesses often adopt a cautious approach, delaying or scaling back their capital expenditures, including investments in medium voltage drives.

Economic uncertainties can lead to a reduced demand for industrial machinery and equipment, which, in turn, affects the sales of medium voltage drives. Industries may prioritize short-term cost-cutting measures over long-term investments in energy-efficient technologies, hindering the market's growth. Additionally, the postponement of infrastructure projects and industrial expansions during economic challenges can impact the deployment of medium voltage drives across various sectors.

Moreover, capital expenditure constraints can pose challenges for medium voltage drive manufacturers and suppliers. Innovations in technology and compliance with evolving industry standards often require significant research and development investments. The inability to secure sufficient funding for these advancements may hinder the development of cutting-edge solutions, limiting the market's ability to address emerging industry needs.

Stringent Regulatory Standards and Compliance Requirements

The global medium voltage drives market faces a challenge in navigating the complex landscape of stringent regulatory standards and compliance requirements imposed by various regulatory bodies and industry associations. Governments around the world are increasingly implementing stringent energy efficiency regulations to curb carbon emissions and promote sustainable practices. Compliance with these regulations necessitates medium voltage drive manufacturers to invest in research and development to design products that meet or exceed the specified standards.

Adhering to diverse regulatory frameworks across different regions adds a layer of complexity for manufacturers operating in the global market. Achieving compliance requires ongoing efforts to stay abreast of evolving regulations, conducting extensive testing, and making continuous product improvements. This can increase the cost of production and, in turn, impact the pricing of medium voltage drives. Manufacturers must also navigate different certification processes and standards, adding administrative complexities to their operations.

The challenge is further amplified as regulatory standards evolve over time to reflect advancements in technology and a deeper understanding of energy consumption patterns. Keeping pace with these changes requires agility and adaptability, which may pose a challenge for manufacturers who must balance compliance efforts with the need for innovation and market competitiveness.

Intense Market Competition and Technological Evolution

The global medium voltage drives market faces the persistent challenge of intense competition among manufacturers and the continuous evolution of technology. As the demand for energy-efficient solutions grows, more companies enter the market, intensifying competition. This competition often leads to price wars, narrowing profit margins for manufacturers and suppliers. Additionally, the market's maturity has resulted in a situation where differentiation becomes crucial for sustaining a competitive edge.

Technological evolution poses both opportunities and challenges for medium voltage drive manufacturers. On one hand, advancements in power electronics, control systems, and communication technologies open new possibilities for enhanced performance, efficiency, and connectivity. On the other hand, keeping up with the rapid pace of technological change requires substantial investments in research and development. Manufacturers need to constantly innovate and introduce new features to stay relevant in the market, which can strain resources and impact profitability.

Furthermore, the market is witnessing a shift toward integrated solutions that combine medium voltage drives with other smart technologies, such as sensors, data analytics, and artificial intelligence. The challenge lies in developing and offering comprehensive solutions that meet the evolving needs of industries embracing digital transformation. Companies that fail to adapt to these changing market dynamics risk losing market share to competitors who can deliver more integrated and sophisticated solutions. Navigating the balance between competition, innovation, and profitability is a perpetual challenge for stakeholders in the global medium voltage drives market.

Key Market Trends

Integration of Internet of Things (IoT) and Industry 4.0 Technologies

One prominent trend shaping the global medium voltage drives market is the increasing integration of Internet of Things (IoT) and Industry 4.0 technologies. As industries strive for greater efficiency, flexibility, and connectivity, the incorporation of smart technologies into medium voltage drives is becoming a key focus. IoT enables the collection and analysis of real-time data from medium voltage drives, allowing for remote monitoring, predictive maintenance, and advanced analytics.

In the context of medium voltage drives, Industry 4.0 refers to the fourth industrial revolution characterized by the digitization of manufacturing processes. Medium voltage drives equipped with IoT capabilities can communicate with other smart devices and systems within a factory or industrial setup. This connectivity enables a more holistic approach to industrial automation, where medium voltage drives play a central role in the intelligent and interconnected network of machines.

The implementation of IoT in medium voltage drives offers several advantages. Remote monitoring allows for the continuous assessment of drive performance, leading to proactive maintenance and minimizing downtime. Predictive analytics can anticipate potential issues, optimizing maintenance schedules and extending the lifespan of equipment. Additionally, the data generated by IoT-enabled medium voltage drives can contribute to overall process optimization and energy efficiency improvements.

The trend toward IoT integration in medium voltage drives aligns with the broader movement toward smart manufacturing and the creation of smart factories. Manufacturers are increasingly recognizing the value of interconnected systems that can adapt to changing demands, enhance productivity, and provide valuable insights for decision-making. As this trend continues to evolve, medium voltage drives will play a pivotal role in the transformation of industrial landscapes into more intelligent and responsive environments.

Emphasis on Modular and Scalable Solutions

Another notable trend in the global medium voltage drives market is the emphasis on modular and scalable solutions. As industries seek greater flexibility in their operations, there is a growing demand for medium voltage drives that can be easily customized, expanded, or integrated into existing systems. Modular designs allow for the addition or replacement of specific components without requiring extensive changes to the entire system, providing a cost-effective and efficient way to adapt to evolving needs.

The demand for modular and scalable medium voltage drives is fueled by the increasing complexity of industrial processes and the need for adaptable solutions. Industries are moving away from one-size-fits-all approaches and are instead opting for medium voltage drives that can be tailored to specific applications, processes, or environments. This trend is particularly relevant in sectors such as manufacturing, oil and gas, and utilities, where diverse and dynamic operating conditions necessitate flexible solutions.

Scalability is a key feature that aligns with the trend toward modular designs. Medium voltage drives that can scale in terms of power capacity, communication interfaces, and functionality enable businesses to start with a basic configuration and expand the system as their operational requirements grow. This not only enhances cost-effectiveness but also future-proofs investments by accommodating changes in production scale or technological advancements.

The shift towards modular and scalable medium voltage drives is also driven by the desire for simplified maintenance and upgrades. Manufacturers are designing systems with standardized interfaces and easily replaceable components, reducing downtime and simplifying the integration of new features. This trend reflects the industry's response to the need for adaptable and efficient solutions that can keep pace with the evolving demands of modern industrial environments.

Segmental Insights

Application Insights

The Pump segment emerged as the dominating segment in 2023. One prominent trend in the pump segment of the global medium voltage drives market is the increasing adoption of variable speed pumping systems. Variable frequency drives (VFDs) in medium voltage drives enable precise control over pump speeds, allowing them to operate at optimal levels based on real-time demand. This trend is driven by the growing emphasis on energy efficiency and sustainability. Industries are recognizing the potential energy savings achieved by adjusting pump speeds to match varying process requirements, reducing overall power consumption and operational costs.

The demand for medium voltage drives in the pump segment is significantly driven by the water and wastewater treatment industry. Growing global concerns related to water scarcity and environmental regulations necessitate efficient water management solutions. Medium voltage drives play a crucial role in water and wastewater treatment processes by ensuring the precise control of pumps, optimizing energy usage, and meeting stringent quality standards. The expansion of water treatment infrastructure globally contributes to the increased adoption of medium voltage drives in this segment.

End-User Insights

The Power Generation segment is projected to experience rapid growth during the forecast period. The power generation segment encompasses a wide range of applications, including conventional power plants (such as coal, gas, and nuclear), renewable energy sources (wind, solar, hydro), and distributed generation systems. Medium voltage drives play a crucial role in optimizing the performance and efficiency of electric motors used in power generation processes.

The power generation industry is undergoing a significant transformation with the integration of renewable energy sources. Wind and solar power generation, in particular, rely on variable-speed generators, and medium voltage drives are essential for controlling the speed and output of these generators. The trend toward cleaner and sustainable energy sources is driving the demand for medium voltage drives in the power generation sector.

Energy efficiency is a paramount concern in the power generation sector, driven by environmental regulations and the pursuit of operational cost savings. Medium voltage drives play a crucial role in optimizing the efficiency of motors and generators used in power plants. The ability to precisely control motor speed and torque contributes to overall energy savings and aligns with the industry's commitment to sustainable and efficient power generation.

The increasing emphasis on renewable energy expansion presents a significant opportunity for medium voltage drives in the power generation segment. As the share of wind, solar, and hydroelectric power grows, the demand for medium voltage drives to control variable-speed generators and optimize power output is expected to increase.

In conclusion, the power generation segment in the global medium voltage drives market is influenced by trends such as the integration of renewable energy, the adoption of variable frequency drives, and efficiency improvements in conventional power plants. Opportunities arise from the expansion of renewable energy, the modernization of aging power plants, and the continued emphasis on grid stability. Manufacturers and stakeholders in the power generation segment should strategically address these factors to maximize the benefits of medium voltage drives in the evolving landscape of power generation.

Regional Insights

North America emerged as the dominating region in 2023, holding the largest market share. One of the prevailing trends in the North American medium voltage drives market is the increasing emphasis on energy efficiency. As businesses and industries in the region strive to reduce energy consumption and comply with environmental regulations, the demand for medium voltage drives that offer precise control and energy optimization for motors is on the rise. This trend aligns with broader sustainability goals and initiatives to reduce carbon footprints, making medium voltage drives a crucial component in achieving energy efficiency targets.

The robust industrial sector in North America, spanning manufacturing, chemicals, food and beverage, and other industries, is a key driver for the medium voltage drives market. As industrial activities expand, the need for efficient control of electric motors becomes paramount. Medium voltage drives offer a solution for optimizing motor performance, reducing energy consumption, and enhancing overall operational efficiency. The region's continuous industrial growth contributes significantly to the sustained demand for medium voltage drives.

North America has been actively investing in renewable energy sources, such as wind and solar power. The integration of these renewable energy sources into the power grid requires advanced control systems, and medium voltage drives play a crucial role in regulating the speed and torque of motors in renewable energy applications. The drive towards a cleaner and more sustainable energy mix in North America supports the adoption of medium voltage drives in various renewable energy projects, including wind farms and solar installations.

The aging infrastructure in North America presents opportunities for the medium voltage drives market. As industries look to modernize their facilities and upgrade existing systems, there is a growing demand for advanced control solutions. Medium voltage drives offer a pathway to enhance the efficiency and performance of aging industrial infrastructure, providing opportunities for manufacturers to offer retrofit solutions and drive market growth.

With the increasing connectivity of industrial systems, there is a growing focus on cybersecurity in North America. Manufacturers of medium voltage drives have an opportunity to differentiate themselves by offering solutions with robust cybersecurity features. Addressing concerns related to data security and system integrity can be a key selling point in a market where the protection of critical infrastructure is a top priority.

In conclusion, the North American medium voltage drives market is characterized by trends towards energy efficiency, Industry 4.0 integration, and a strong industrial base. While economic fluctuations and regulatory challenges exist, the market offers opportunities for growth through the modernization of infrastructure and the incorporation of cybersecurity features in medium voltage drive solutions. Manufacturers that align with these trends and address challenges strategically can thrive in this dynamic market.

Key Market Players

ABB Ltd.

Siemens AG

Rockwell Automation, Inc.

Schneider Electric SE

Danfoss A/S

General Electric Company (GE)

Eaton Corporation

Mitsubishi Electric Corporation

Fuji Electric Co., Ltd.

Toshiba International Corporation

Report Scope:

In this report, the Global Medium Voltage Drives Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Medium Voltage Drives Market, By Drive:

  • 1 kVA
  • 1 kVA - 2 kVA
  • >3kVA

Medium Voltage Drives Market, By Application:

  • Pump
  • Fan
  • Conveyor
  • Compressor
  • Extruder

Medium Voltage Drives Market, By End-User:

  • Pump
  • Fan
  • Conveyor
  • Compressor
  • Extruder

Medium Voltage Drives Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Netherlands
  • Belgium
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Thailand
  • Malaysia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Medium Voltage Drives Market.

Available Customizations:

  • Global Medium Voltage Drives Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1.Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Formulation of the Scope
  • 2.4. Assumptions and Limitations
  • 2.5. Sources of Research
    • 2.5.1. Secondary Research
    • 2.5.2. Primary Research
  • 2.6. Approach for the Market Study
    • 2.6.1. The Bottom-Up Approach
    • 2.6.2. The Top-Down Approach
  • 2.7. Methodology Followed for Calculation of Market Size & Market Shares
  • 2.8. Forecasting Methodology
    • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Impact of COVID-19 on Global Medium Voltage Drives Market

5. Voice of Customer

6. Global Medium Voltage Drives Market Overview

7. Global Medium Voltage Drives Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Drive (AC, DC and Servo)
    • 7.2.2. By Application (Pump, Fan, Conveyor, Compressor and Extruder)
    • 7.2.3. By End-User (Oil & Gas, Power Generation, Mining & Metals, Pulp & Paper and Marine)
    • 7.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia-Pacific)
  • 7.3. By Company (2023)
  • 7.4. Market Map

8. North America Medium Voltage Drives Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Drive
    • 8.2.2. By Application
    • 8.2.3. By End-User
    • 8.2.4. By Country
  • 8.3. North America: Country Analysis
    • 8.3.1. United States Medium Voltage Drives Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Drive
        • 8.3.1.2.2. By Application
        • 8.3.1.2.3. By End-User
    • 8.3.2. Canada Medium Voltage Drives Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Drive
        • 8.3.2.2.2. By Application
        • 8.3.2.2.3. By End-User
    • 8.3.3. Mexico Medium Voltage Drives Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Drive
        • 8.3.3.2.2. By Application
        • 8.3.3.2.3. By End-User

9. Europe Medium Voltage Drives Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Drive
    • 9.2.2. By Application
    • 9.2.3. By End-User
    • 9.2.4. By Country
  • 9.3. Europe: Country Analysis
    • 9.3.1. Germany Medium Voltage Drives Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Drive
        • 9.3.1.2.2. By Application
        • 9.3.1.2.3. By End-User
    • 9.3.2. France Medium Voltage Drives Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Drive
        • 9.3.2.2.2. By Application
        • 9.3.2.2.3. By End-User
    • 9.3.3. United Kingdom Medium Voltage Drives Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Drive
        • 9.3.3.2.2. By Application
        • 9.3.3.2.3. By End-User
    • 9.3.4. Italy Medium Voltage Drives Market Outlook
      • 9.3.4.1. Market Size & Forecast
        • 9.3.4.1.1. By Value
      • 9.3.4.2. Market Share & Forecast
        • 9.3.4.2.1. By Drive
        • 9.3.4.2.2. By Application
        • 9.3.4.2.3. By End-User
    • 9.3.5. Spain Medium Voltage Drives Market Outlook
      • 9.3.5.1. Market Size & Forecast
        • 9.3.5.1.1. By Value
      • 9.3.5.2. Market Share & Forecast
        • 9.3.5.2.1. By Drive
        • 9.3.5.2.2. By Application
        • 9.3.5.2.3. By End-User
    • 9.3.6. Netherlands Medium Voltage Drives Market Outlook
      • 9.3.6.1. Market Size & Forecast
        • 9.3.6.1.1. By Value
      • 9.3.6.2. Market Share & Forecast
        • 9.3.6.2.1. By Drive
        • 9.3.6.2.2. By Application
        • 9.3.6.2.3. By End-User
    • 9.3.7. Belgium Medium Voltage Drives Market Outlook
      • 9.3.7.1. Market Size & Forecast
        • 9.3.7.1.1. By Value
      • 9.3.7.2. Market Share & Forecast
        • 9.3.7.2.1. By Drive
        • 9.3.7.2.2. By Application
        • 9.3.7.2.3. By End-User

10. South America Medium Voltage Drives Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Drive
    • 10.2.2. By Application
    • 10.2.3. By End-User
    • 10.2.4. By Country
  • 10.3. South America: Country Analysis
    • 10.3.1. Brazil Medium Voltage Drives Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Drive
        • 10.3.1.2.2. By Application
        • 10.3.1.2.3. By End-User
    • 10.3.2. Colombia Medium Voltage Drives Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Drive
        • 10.3.2.2.2. By Application
        • 10.3.2.2.3. By End-User
    • 10.3.3. Argentina Medium Voltage Drives Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Drive
        • 10.3.3.2.2. By Application
        • 10.3.3.2.3. By End-User
    • 10.3.4. Chile Medium Voltage Drives Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Drive
        • 10.3.4.2.2. By Application
        • 10.3.4.2.3. By End-User

11. Middle East & Africa Medium Voltage Drives Market Outlook

  • 11.1. Market Size & Forecast
    • 11.1.1. By Value
  • 11.2. Market Share & Forecast
    • 11.2.1. By Drive
    • 11.2.2. By Application
    • 11.2.3. By End-User
    • 11.2.4. By Country
  • 11.3. Middle East & Africa: Country Analysis
    • 11.3.1. Saudi Arabia Medium Voltage Drives Market Outlook
      • 11.3.1.1. Market Size & Forecast
        • 11.3.1.1.1. By Value
      • 11.3.1.2. Market Share & Forecast
        • 11.3.1.2.1. By Drive
        • 11.3.1.2.2. By Application
        • 11.3.1.2.3. By End-User
    • 11.3.2. UAE Medium Voltage Drives Market Outlook
      • 11.3.2.1. Market Size & Forecast
        • 11.3.2.1.1. By Value
      • 11.3.2.2. Market Share & Forecast
        • 11.3.2.2.1. By Drive
        • 11.3.2.2.2. By Application
        • 11.3.2.2.3. By End-User
    • 11.3.3. South Africa Medium Voltage Drives Market Outlook
      • 11.3.3.1. Market Size & Forecast
        • 11.3.3.1.1. By Value
      • 11.3.3.2. Market Share & Forecast
        • 11.3.3.2.1. By Drive
        • 11.3.3.2.2. By Application
        • 11.3.3.2.3. By End-User
    • 11.3.4. Turkey Medium Voltage Drives Market Outlook
      • 11.3.4.1. Market Size & Forecast
        • 11.3.4.1.1. By Value
      • 11.3.4.2. Market Share & Forecast
        • 11.3.4.2.1. By Drive
        • 11.3.4.2.2. By Application
        • 11.3.4.2.3. By End-User

12. Asia-Pacific Medium Voltage Drives Market Outlook

  • 12.1. Market Size & Forecast
    • 12.1.1. By Value
  • 12.2. Market Share & Forecast
    • 12.2.1. By Drive
    • 12.2.2. By Application
    • 12.2.3. By End-User
    • 12.2.4. By Country
  • 12.3. Asia-Pacific: Country Analysis
    • 12.3.1. China Medium Voltage Drives Market Outlook
      • 12.3.1.1. Market Size & Forecast
        • 12.3.1.1.1. By Value
      • 12.3.1.2. Market Share & Forecast
        • 12.3.1.2.1. By Drive
        • 12.3.1.2.2. By Application
        • 12.3.1.2.3. By End-User
    • 12.3.2. India Medium Voltage Drives Market Outlook
      • 12.3.2.1. Market Size & Forecast
        • 12.3.2.1.1. By Value
      • 12.3.2.2. Market Share & Forecast
        • 12.3.2.2.1. By Drive
        • 12.3.2.2.2. By Application
        • 12.3.2.2.3. By End-User
    • 12.3.3. Japan Medium Voltage Drives Market Outlook
      • 12.3.3.1. Market Size & Forecast
        • 12.3.3.1.1. By Value
      • 12.3.3.2. Market Share & Forecast
        • 12.3.3.2.1. By Drive
        • 12.3.3.2.2. By Application
        • 12.3.3.2.3. By End-User
    • 12.3.4. South Korea Medium Voltage Drives Market Outlook
      • 12.3.4.1. Market Size & Forecast
        • 12.3.4.1.1. By Value
      • 12.3.4.2. Market Share & Forecast
        • 12.3.4.2.1. By Drive
        • 12.3.4.2.2. By Application
        • 12.3.4.2.3. By End-User
    • 12.3.5. Australia Medium Voltage Drives Market Outlook
      • 12.3.5.1. Market Size & Forecast
        • 12.3.5.1.1. By Value
      • 12.3.5.2. Market Share & Forecast
        • 12.3.5.2.1. By Drive
        • 12.3.5.2.2. By Application
        • 12.3.5.2.3. By End-User
    • 12.3.6. Thailand Medium Voltage Drives Market Outlook
      • 12.3.6.1. Market Size & Forecast
        • 12.3.6.1.1. By Value
      • 12.3.6.2. Market Share & Forecast
        • 12.3.6.2.1. By Drive
        • 12.3.6.2.2. By Application
        • 12.3.6.2.3. By End-User
    • 12.3.7. Malaysia Medium Voltage Drives Market Outlook
      • 12.3.7.1. Market Size & Forecast
        • 12.3.7.1.1. By Value
      • 12.3.7.2. Market Share & Forecast
        • 12.3.7.2.1. By Drive
        • 12.3.7.2.2. By Application
        • 12.3.7.2.3. By End-User

13. Market Dynamics

  • 13.1. Drivers
  • 13.2. Challenges

14. Market Trends and Developments

15. Company Profiles

  • 15.1. ABB Ltd.
    • 15.1.1. Business Overview
    • 15.1.2. Key Revenue and Financials
    • 15.1.3. Recent Developments
    • 15.1.4. Key Personnel/Key Contact Person
    • 15.1.5. Key Product/Services Offered
  • 15.2. Siemens AG
    • 15.2.1. Business Overview
    • 15.2.2. Key Revenue and Financials
    • 15.2.3. Recent Developments
    • 15.2.4. Key Personnel/Key Contact Person
    • 15.2.5. Key Product/Services Offered
  • 15.3. Rockwell Automation, Inc.
    • 15.3.1. Business Overview
    • 15.3.2. Key Revenue and Financials
    • 15.3.3. Recent Developments
    • 15.3.4. Key Personnel/Key Contact Person
    • 15.3.5. Key Product/Services Offered
  • 15.4. Schneider Electric SE
    • 15.4.1. Business Overview
    • 15.4.2. Key Revenue and Financials
    • 15.4.3. Recent Developments
    • 15.4.4. Key Personnel/Key Contact Person
    • 15.4.5. Key Product/Services Offered
  • 15.5. Danfoss A/S
    • 15.5.1. Business Overview
    • 15.5.2. Key Revenue and Financials
    • 15.5.3. Recent Developments
    • 15.5.4. Key Personnel/Key Contact Person
    • 15.5.5. Key Product/Services Offered
  • 15.6. General Electric Company (GE)
    • 15.6.1. Business Overview
    • 15.6.2. Key Revenue and Financials
    • 15.6.3. Recent Developments
    • 15.6.4. Key Personnel/Key Contact Person
    • 15.6.5. Key Product/Services Offered
  • 15.7. Eaton Corporation
    • 15.7.1. Business Overview
    • 15.7.2. Key Revenue and Financials
    • 15.7.3. Recent Developments
    • 15.7.4. Key Personnel/Key Contact Person
    • 15.7.5. Key Product/Services Offered
  • 15.8. Mitsubishi Electric Corporation
    • 15.8.1. Business Overview
    • 15.8.2. Key Revenue and Financials
    • 15.8.3. Recent Developments
    • 15.8.4. Key Personnel/Key Contact Person
    • 15.8.5. Key Product/Services Offered
  • 15.9. Fuji Electric Co., Ltd.
    • 15.9.1. Business Overview
    • 15.9.2. Key Revenue and Financials
    • 15.9.3. Recent Developments
    • 15.9.4. Key Personnel/Key Contact Person
    • 15.9.5. Key Product/Services Offered
  • 15.10. Toshiba International Corporation
    • 15.10.1. Business Overview
    • 15.10.2. Key Revenue and Financials
    • 15.10.3. Recent Developments
    • 15.10.4. Key Personnel/Key Contact Person
    • 15.10.5. Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer