The AC Drives Market Report provides statistical information about the global industry. The study has been done with respect to market share, size, trends, growth, outlook, estimation and forecast period 2023 2032. The report also highlights the major key players focusing on their latest development.

This section of the AC drives market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.

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By Voltage

• Low Voltage
• Medium Voltage

By Application

• Pumps
• Fans
• Compressors
• Conveyors
• Extruders
• Other Applications

By End-Use Industry

• Oil & Gas
• Power Generation
• Water & Wastewater
• Building Automation
• Food & Beverage
• Metals & Mining
• Chemicals & Petrochemicals
• Other Industries

By Power Rating (kW)

• Low Power Drives
• Medium Power Drives
• High Power Drives

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The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the AC drives market include ABB LTD., Danfoss Group, Mitsubishi Electrical Co., Schneider Electric Co., Siemens Ag Fuji Electric Co. Ltd., Emerson Electric Co., Hiconics Drive Technology Co. Ltd., Hitachi Ltd., Parker Hannifin Co., Rockwell Automation Inc., Yaskawa Electric Corporation, WEG. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

This section covers regional segmentation which accentuates on current and future demand for AC drives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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