The global DC Drives market was valued at US$ 1911.4 million in 2022 and is projected to reach US$ 2100.5 million by 2029, at a CAGR of 1.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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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.
This report aims to provide a comprehensive presentation of the global market for DC Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DC Drives.
This report contains market size and forecasts of DC Drives in global, including the following market information:
- Global DC Drives Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global DC Drives Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five DC Drives companies in 2022 (%)
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.
We surveyed the DC Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global DC Drives Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Drives Market Segment Percentages, by Type, 2022 (%)
- Low Voltage DC Drives
- Medium Voltage DC Drives
Global DC Drives Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Drives Market Segment Percentages, by Application, 2022 (%)
- Low Power Drives
- Medium Power Drives
- High Power Drives
Global DC Drives Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Drives Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies DC Drives revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies DC Drives revenues share in global market, 2022 (%)
- Key companies DC Drives sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies DC Drives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of DC Drives, market overview.
Chapter 2: Global DC Drives market size in revenue and volume.
Chapter 3: Detailed analysis of DC Drives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of DC Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global DC Drives capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 DC Drives Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global DC Drives Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global DC Drives Overall Market Size
2.1 Global DC Drives Market Size: 2022 VS 2030
2.2 Global DC Drives Revenue, Prospects & Forecasts: 2018-2030
2.3 Global DC Drives Sales: 2018-2030
3 Company Landscape
3.1 Top DC Drives Players in Global Market
3.2 Top Global DC Drives Companies Ranked by Revenue
3.3 Global DC Drives Revenue by Companies
3.4 Global DC Drives Sales by Companies
3.5 Global DC Drives Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 DC Drives Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers DC Drives Product Type
3.8 Tier 1, Tier 2 and Tier 3 DC Drives Players in Global Market
3.8.1 List of Global Tier 1 DC Drives Companies
3.8.2 List of Global Tier 2 and Tier 3 DC Drives Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global DC Drives Market Size Markets, 2022 & 2030
4.1.2 Low Voltage DC Drives
4.1.3 Medium Voltage DC Drives
4.2 By Type - Global DC Drives Revenue & Forecas
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