Low And Medium-Voltage Inverter Market Report 2019-2026 | ABB, Siemens, Schneider Electric, Danfoss
About Low and Medium-Voltage Inverter
Low voltage and medium voltage inverters are electronic devices or circuits that change direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and total power processing depend on the design of a particular device or circuit. The inverter does not generate any power; The power supply is provided by DC power supply.
Scope of Low And Medium-Voltage Inverter Market
This report studies the Low and Medium-Voltage Inverter market from the perspectives of enterprises, regions, product types and terminal industries, and forecasts the market through the analysis of the status quo. In this study, 2018 has been considered as the base year and 2019 to 2026 as the forecast period to estimate the market size for Low and Medium-Voltage Inverter.
The global Low and Medium-Voltage Inverter market size is valued at USD 11,484 million in 2019 and is projected to reach USD 15,524 million by 2026, witnessing a CAGR of 4.4% throughout the forecast period.
For price trend analysis, a key performance variable of medium and low voltage inverter manufacturers is the cost of raw materials, especially the speed at which any increase can be passed through to customers.
Judging from the forecast, the global medium and low voltage inverter revenue will increase by 3~6% per year. Considering the current demand for medium and low voltage inverters, we tend to believe that the industry still has a bright future.
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Key participants
For industry structure analysis, the low voltage and medium voltage inverter industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately-owned companies compete in this industry. The top five producers account for approximately 55% of the revenue market. Foremost key players operating in the global Low and Medium-Voltage Inverter market include ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, Mitsubishi Electric, Yaskawa Electric, Fuji Electric, Delta Electronics, Inovance Technology, INVT, EURA DRIVES, Slanvert, Hiconics, STEP Electric Corporation, and etc.
Geographical Perspective
In terms of geography, the Low and Medium-voltage Inverter market has been categorized into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In terms of value, North America and Asia-Pacific are the dominant markets in the global Low and Medium-voltage Inverter market, followed by Europe, accounting for 34%, 33%, and 23% of the global respectively. The Asia-Pacific market is expected to expand at a fast rate in terms of revenue over the forecast period on account of the steadily increasing demand for the electronics industry.
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Type Synopsis
On the basis of type, the market comprises of Medium-voltage Inverter, Low-voltage Inverter, and Other. Medium-voltage Inverter include 690V,1140V, 2300V, etc. Low-voltage Inverter include 110V,220V, 380V, etc.
A medium voltage inverter can make the speed of a medium-voltage electric motor variable. The low-voltage inverter (48V and less) is a product offering within the Eaton Power Electronics category. It changes Direct Current (DC) to Alternating Current (AC).
Application Synopsis
By application, the low and medium-voltage inverter market can be divided into Textile Industry, Oil & Gas Industry, Mining Industry, Hoisting Machinery, and Other.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Low And Medium-Voltage Inverter Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Low And Medium-Voltage Inverter Market by Types
4 Segmentation of Low And Medium-Voltage Inverter Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Low And Medium-Voltage Inverter Market in Major Countries
7 North America Low And Medium-Voltage Inverter Landscape Analysis
8 Europe Low And Medium-Voltage Inverter Landscape Analysis
9 Asia Pacific Low And Medium-Voltage Inverter Landscape Analysis
10 Latin America, Middle East & Africa Low And Medium-Voltage Inverter Landscape Analysis
11 Major Players Profile
11.1 ABB
11.1.1 ABB Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Siemens
11.3 Schneider Electric
11.4 Danfoss
11.5 Rockwell Automation
11.6 Mitsubishi Electric
11.7 Yaskawa Electric
11.8 Fuji Electric
11.9 Delta Electronics
11.10 Inovance Technology
11.11 INVT
11.12 EURA DRIVES
11.13 Slanvert
11.14 Hiconics
11.15 STEP Electric Corporation
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Target Audience:
Low And Medium-Voltage Inverter manufacturers
Distributors and resellers of Low And Medium-Voltage Inverter
Low and Medium-Voltage Inverter industry associations
Low and Medium-Voltage Inverter end-user sectors
Product managers, Low and Medium-Voltage Inverter industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
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