Boston, MA -- (SBWIRE) -- 07/22/2014 -- A drive is an adjustable speed device that regulates the speed and direction of motors. Adjustment is done by varying the current flow through the motor. Drives are classified on the basis of the type of current into two broad categories: AC drives and DC drives. AC drives are used to control AC electric motors, while DC drives are used for DC electric motors. Drives are widely used in manufacturing industries to regulate and control electrical devices such as fans, conveyors, machine spindles, and pumps, which are used in production processes. AC drives are widely used in process industries to increase the energy efficiency of motors.

TechNavio's analysts forecast the Global AC Drives market will grow at a CAGR of 7.24 percent over the period 2013-2018.

View Full Report Details and Table of Contents

Covered in this Report

The Global AC Drives market can be divided into four segments: High-end Drives, Medium-range Drives, Low-end Drives, and Micro Drives.

TechNavio's report, the Global AC Drives Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, Europe , and the APAC and ROW region; it also covers the Global AC Drives market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- Europe
- APAC
- ROW

Key Vendors

- ABB Ltd.
- Mitsubishi Electrical Corp.
- Siemens AG

Other Prominent Vendors

- Beijing Leader & Harvest Electric Technologies Co. Ltd.
- Danfoss Group
- Emerson Electric Co.
- Fuji Electric Holdings Co. Ltd.
- Hiconics Drive Technology Co. Ltd.
- Hitachi Ltd.
- Rockwell Automation Inc.
- Schneider Electric SA
- Toshiba Corp.
- Yaskawa America Inc.

Key Market Driver

- Demand from the APAC Region
- For a full, detailed list, view our report.

Key Market Challenge

- Continuous Decline in Vendors' Profit Margins
- For a full, detailed list, view our report.

Key Market Trend

- Increasing Demand for End-to-end Systems
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: ABB Ltd., Mitsubishi Electrical Corp., Siemens AG, Beijing Leader & Harvest Electric Technologies Co. Ltd., Danfoss Group, Emerson Electric Co., Fuji Electric Holdings Co. Ltd., Hiconics Drive Technology Co. Ltd., Hitachi Ltd., Rockwell Automation Inc., Schneider Electric SA, Toshiba Corp., Yaskawa America Inc.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Manufacturing research reports at Fast Market Research

You may also be interested in these related reports:

- AC Drives: Global Industry Guide
- Global AC Drives
- Servo Motor & Drives Market: By Type (AC Servo Motors/Drives, DC Servo Motors/Drives, Brushless Servo Motors), Voltage Range (Low Voltage, Medium Voltage), Components (Sensors, Controller Modules, Encoders, Amplifiers) & Application - (2013 - 2018)
- AC Drives in the United States
- AC Drives in the United Kingdom
- AC Drives in Europe
- AC Drives in Germany
- AC Drives in France
- AC Drives in Asia-Pacific
- AC Drives in Japan