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Low Voltage Drives Market
Updated On

Feb 24 2025

Total Pages

120

Low Voltage Drives Market Dynamics and Forecasts: 2025-2033 Strategic Insights

Low Voltage Drives Market by Power Range (Micro, Low), by Capacity (< 2.2 kW, 2.2 - < 7.5 kW, 7.5 kW - < 22 kW, 22 kW - < 75 kW, ≥ 75 kW - <110 kW, ≥ 110 kW - < 500 kW, ≥ 500 kW), by Drive (AC, DC, Servo), by Technology (Standard, Regenerative), by System (Open loop, Closed loop), by Application (Pump, Fan, Conveyor, Compressor, Extruder, Others), by End-Use (Oil & gas, Power generation, Food processing, Automotive, Mining & metals, Pulp & paper, Textile, Marine, Others), by North America (U.S, Canada, Mexico), by Europe (Germany, UK, France, Italy, Spain, Russia, Norway, Sweden, Poland, Netherlands, Belgium, Denmark), by Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Singapore, Malaysia, Philippines, Vietnam, Indonesia), by Middle East & Africa (Saudi Arabia, UAE, Qatar, Jordan, South Africa, Nigeria, Egypt, Alegria), by Latin America (Brazil, Argentina, Chile) Forecast 2025-2033

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Low Voltage Drives Market Dynamics and Forecasts: 2025-2033 Strategic Insights

Key Insights

The size of the Low Voltage Drives Market was valued at USD 19.2 Billion in 2024 and is projected to reach USD 25.78 Billion by 2033, with an expected CAGR of 4.3% during the forecast period. The Low Voltage Drives (LVD) Market centers on creating and utilizing drives that regulate the function of electric motors at low voltage levels, generally below 1000V. These drives are utilized to control motor speed, torque, and functioning across various sectors, such as manufacturing, HVAC, automotive, and energy. By offering accurate motor control, LVDs enhance energy efficiency, lower operational expenses, and prolong the lifespan of motors. The market consists of elements such as variable frequency drives (VFDs), soft starters, and control systems that enhance motor efficiency and lower energy usage. The increasing need for energy-efficient solutions, along with the rise of industrial automation and a greater focus on sustainable practices, is propelling the market's growth. Additionally, the transition to smart technologies, the incorporation of renewable energy, and the demand for enhanced industrial processes also aid in the expansion of the LVD market. With industries persistently prioritizing cost reductions and efficiency enhancements, the Low Voltage Drives Market is projected to experience continuous growth, propelled by technological progress and a rising embrace of automation in various sectors.

Low Voltage Drives Market Research Report - Market Size, Growth & Forecast

Low Voltage Drives Market Concentration & Characteristics

The low voltage drives market is characterized by a few dominant players that account for a significant share of the market. The top players in the market include ABB, Danfoss, and Siemens. These companies have a strong presence in the market due to their wide product portfolio, global reach, and established distribution networks. The market is also characterized by a high level of innovation, with companies constantly introducing new products and technologies to meet the changing needs of customers.

Low Voltage Drives Market Trends

One of the key trends in the low voltage drives market is the increasing adoption of variable speed drives (VSDs). VSDs are used to control the speed of electric motors, which can lead to significant energy savings. The adoption of VSDs is being driven by the rising cost of energy and the growing need for energy efficiency.

Low Voltage Drives Market Growth

Key Region or Country & Segment to Dominate the Market

The Asia-Pacific region is expected to dominate the low voltage drives market in the coming years. The region is experiencing rapid industrialization and urbanization, which is leading to a growing demand for energy-efficient solutions. The power range segment is expected to account for the largest share of the market, as there is a growing demand for energy-efficient solutions in this segment.

Low Voltage Drives Market Product Insights Report Coverage & Deliverables

The product insights report coverage for the low voltage drives market includes market size and growth, market share, and product trends. The report also provides an analysis of the competitive landscape and the key drivers and challenges facing the market.

Low Voltage Drives Market Analysis

The low voltage drives market is expected to grow at a CAGR of 4.3% over the next five years. The market is expected to be driven by the increasing adoption of energy-efficient solutions and the growing demand for renewable energy sources.

Low Voltage Drives Market Regional Insights

The Asia-Pacific region is expected to dominate the low voltage drives market in the coming years. The region is experiencing rapid industrialization and urbanization, which is leading to a growing demand for energy-efficient solutions. The power range segment is expected to account for the largest share of the market, as there is a growing demand for energy-efficient solutions in this segment.

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Norway
    • Sweden
    • Poland
    • Netherlands
    • Belgium
    • Denmark
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Thailand
    • Singapore
    • Malaysia
    • Philippines
    • Vietnam
    • Indonesia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Jordan
    • South Africa
    • Nigeria
    • Egypt
    • Alegria
  • Latin America
    • Brazil
    • Argentina
    • Chile

Driving Forces: What's Propelling the Low Voltage Drives Market

The low voltage drives market is being driven by a number of factors, including:

  • The increasing adoption of energy-efficient solutions
  • The growing demand for renewable energy sources
  • The rising cost of energy
  • The need for process control
  • The increasing lifespan of equipment

Challenges and Restraints in Low Voltage Drives Market

The low voltage drives market is facing a number of challenges and restraints, including:

  • The high cost of low voltage drives
  • The lack of awareness about the benefits of low voltage drives
  • The lack of skilled labor to install and maintain low voltage drives

Emerging Trends in Low Voltage Drives Market

The low voltage drives market is expected to witness a number of emerging trends in the coming years, including:

  • The increasing adoption of VSDs
  • The growing demand for low voltage drives in renewable energy applications
  • The development of new low voltage drive technologies
  • The increasing use of low voltage drives in developing countries

Low Voltage Drives Industry News

  • In March 2024, Invertek Drives Ltd launched a new addition to its Optidrive Coolvert variable frequency drive units designed to serve HVAC-R industry by operating across condensing units (CDUs), heat pumps, and BLDC compressors. The introduced product line includes a couple of new frame sizes called Sizes 3 and 4 to deliver compact design with enhanced space savings, easy setup & integration, extended power ranges, and seamless operations with natural refrigerants in HVAC-R applications.
  • In February 2024, Danfoss unveiled its iC2 micro drive to enhance the reliability and efficiency across HVAC systems. The compact product is specifically designed to optimize pumps & fans operations along with the ability to control the permanent magnet motors. The VFD unit consist of clear navigation buttons, LED display, frequency setting potentiometer, and status indicators to offer real-time data feedback, remote monitoring, and predictive maintenance proficiency.

Leading Players in the Low Voltage Drives Market 

Low Voltage Drives Market Segmentation

  • 1. Power Range
    • 1.1. Micro
    • 1.2. Low
  • 2. Capacity
    • 2.1. < 2.2 kW
    • 2.2. 2.2 - < 7.5 kW
    • 2.3. 7.5 kW - < 22 kW
    • 2.4. 22 kW - < 75 kW
    • 2.5. ≥ 75 kW - <110 kW
    • 2.6. ≥ 110 kW - < 500 kW
    • 2.7. ≥ 500 kW
  • 3. Drive
    • 3.1. AC
      • 3.1.1. IE1
      • 3.1.2. IE2
      • 3.1.3. IE3
      • 3.1.4. IE4
      • 3.1.5. Others
    • 3.2. DC
    • 3.3. Servo
  • 4. Technology
    • 4.1. Standard
    • 4.2. Regenerative
  • 5. System
    • 5.1. Open loop
    • 5.2. Closed loop
  • 6. Application
    • 6.1. Pump
    • 6.2. Fan
    • 6.3. Conveyor
    • 6.4. Compressor
    • 6.5. Extruder
    • 6.6. Others
  • 7. End-Use
    • 7.1. Oil & gas
    • 7.2. Power generation
    • 7.3. Food processing
    • 7.4. Automotive
    • 7.5. Mining & metals
    • 7.6. Pulp & paper
    • 7.7. Textile
    • 7.8. Marine
    • 7.9. Others

Low Voltage Drives Market Segmentation By Geography

  • 1. North America
    • 1.1. U.S
    • 1.2. Canada
    • 1.3. Mexico
  • 2. Europe
    • 2.1. Germany
    • 2.2. UK
    • 2.3. France
    • 2.4. Italy
    • 2.5. Spain
    • 2.6. Russia
    • 2.7. Norway
    • 2.8. Sweden
    • 2.9. Poland
    • 2.10. Netherlands
    • 2.11. Belgium
    • 2.12. Denmark
  • 3. Asia Pacific
    • 3.1. China
    • 3.2. Japan
    • 3.3. India
    • 3.4. Australia
    • 3.5. South Korea
    • 3.6. Thailand
    • 3.7. Singapore
    • 3.8. Malaysia
    • 3.9. Philippines
    • 3.10. Vietnam
    • 3.11. Indonesia
  • 4. Middle East & Africa
    • 4.1. Saudi Arabia
    • 4.2. UAE
    • 4.3. Qatar
    • 4.4. Jordan
    • 4.5. South Africa
    • 4.6. Nigeria
    • 4.7. Egypt
    • 4.8. Alegria
  • 5. Latin America
    • 5.1. Brazil
    • 5.2. Argentina
    • 5.3. Chile

Low Voltage Drives Market Regional Share

Low Voltage Drives Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 4.3% from 2019-2033
Segmentation
    • By Power Range
      • Micro
      • Low
    • By Capacity
      • < 2.2 kW
      • 2.2 - < 7.5 kW
      • 7.5 kW - < 22 kW
      • 22 kW - < 75 kW
      • ≥ 75 kW - <110 kW
      • ≥ 110 kW - < 500 kW
      • ≥ 500 kW
    • By Drive
      • AC
        • IE1
        • IE2
        • IE3
        • IE4
        • Others
      • DC
      • Servo
    • By Technology
      • Standard
      • Regenerative
    • By System
      • Open loop
      • Closed loop
    • By Application
      • Pump
      • Fan
      • Conveyor
      • Compressor
      • Extruder
      • Others
    • By End-Use
      • Oil & gas
      • Power generation
      • Food processing
      • Automotive
      • Mining & metals
      • Pulp & paper
      • Textile
      • Marine
      • Others
  • By Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Russia
      • Norway
      • Sweden
      • Poland
      • Netherlands
      • Belgium
      • Denmark
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Thailand
      • Singapore
      • Malaysia
      • Philippines
      • Vietnam
      • Indonesia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Qatar
      • Jordan
      • South Africa
      • Nigeria
      • Egypt
      • Alegria
    • Latin America
      • Brazil
      • Argentina
      • Chile

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Flourishing investments in new & existing industrial ventures
        • 3.2.2 Encouraging policy framework to boost the energy efficiency
        • 3.2.3 Positive outlook towards deployment of low carbon systems and attain reduced GHG emission levels
      • 3.3. Market Restrains
        • 3.3.1. Significant initial deployment cost coupled with availability of high-capacity medium voltage drives
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Power Range
      • 5.1.1. Micro
      • 5.1.2. Low
    • 5.2. Market Analysis, Insights and Forecast - by Capacity
      • 5.2.1. < 2.2 kW
      • 5.2.2. 2.2 - < 7.5 kW
      • 5.2.3. 7.5 kW - < 22 kW
      • 5.2.4. 22 kW - < 75 kW
      • 5.2.5. ≥ 75 kW - <110 kW
      • 5.2.6. ≥ 110 kW - < 500 kW
      • 5.2.7. ≥ 500 kW
    • 5.3. Market Analysis, Insights and Forecast - by Drive
      • 5.3.1. AC
        • 5.3.1.1. IE1
        • 5.3.1.2. IE2
        • 5.3.1.3. IE3
        • 5.3.1.4. IE4
        • 5.3.1.5. Others
      • 5.3.2. DC
      • 5.3.3. Servo
    • 5.4. Market Analysis, Insights and Forecast - by Technology
      • 5.4.1. Standard
      • 5.4.2. Regenerative
    • 5.5. Market Analysis, Insights and Forecast - by System
      • 5.5.1. Open loop
      • 5.5.2. Closed loop
    • 5.6. Market Analysis, Insights and Forecast - by Application
      • 5.6.1. Pump
      • 5.6.2. Fan
      • 5.6.3. Conveyor
      • 5.6.4. Compressor
      • 5.6.5. Extruder
      • 5.6.6. Others
    • 5.7. Market Analysis, Insights and Forecast - by End-Use
      • 5.7.1. Oil & gas
      • 5.7.2. Power generation
      • 5.7.3. Food processing
      • 5.7.4. Automotive
      • 5.7.5. Mining & metals
      • 5.7.6. Pulp & paper
      • 5.7.7. Textile
      • 5.7.8. Marine
      • 5.7.9. Others
    • 5.8. Market Analysis, Insights and Forecast - by Region
      • 5.8.1. North America
      • 5.8.2. Europe
      • 5.8.3. Asia Pacific
      • 5.8.4. Middle East & Africa
      • 5.8.5. Latin America
  6. 6. North America Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Power Range
      • 6.1.1. Micro
      • 6.1.2. Low
    • 6.2. Market Analysis, Insights and Forecast - by Capacity
      • 6.2.1. < 2.2 kW
      • 6.2.2. 2.2 - < 7.5 kW
      • 6.2.3. 7.5 kW - < 22 kW
      • 6.2.4. 22 kW - < 75 kW
      • 6.2.5. ≥ 75 kW - <110 kW
      • 6.2.6. ≥ 110 kW - < 500 kW
      • 6.2.7. ≥ 500 kW
    • 6.3. Market Analysis, Insights and Forecast - by Drive
      • 6.3.1. AC
        • 6.3.1.1. IE1
        • 6.3.1.2. IE2
        • 6.3.1.3. IE3
        • 6.3.1.4. IE4
        • 6.3.1.5. Others
      • 6.3.2. DC
      • 6.3.3. Servo
    • 6.4. Market Analysis, Insights and Forecast - by Technology
      • 6.4.1. Standard
      • 6.4.2. Regenerative
    • 6.5. Market Analysis, Insights and Forecast - by System
      • 6.5.1. Open loop
      • 6.5.2. Closed loop
    • 6.6. Market Analysis, Insights and Forecast - by Application
      • 6.6.1. Pump
      • 6.6.2. Fan
      • 6.6.3. Conveyor
      • 6.6.4. Compressor
      • 6.6.5. Extruder
      • 6.6.6. Others
    • 6.7. Market Analysis, Insights and Forecast - by End-Use
      • 6.7.1. Oil & gas
      • 6.7.2. Power generation
      • 6.7.3. Food processing
      • 6.7.4. Automotive
      • 6.7.5. Mining & metals
      • 6.7.6. Pulp & paper
      • 6.7.7. Textile
      • 6.7.8. Marine
      • 6.7.9. Others
  7. 7. Europe Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Power Range
      • 7.1.1. Micro
      • 7.1.2. Low
    • 7.2. Market Analysis, Insights and Forecast - by Capacity
      • 7.2.1. < 2.2 kW
      • 7.2.2. 2.2 - < 7.5 kW
      • 7.2.3. 7.5 kW - < 22 kW
      • 7.2.4. 22 kW - < 75 kW
      • 7.2.5. ≥ 75 kW - <110 kW
      • 7.2.6. ≥ 110 kW - < 500 kW
      • 7.2.7. ≥ 500 kW
    • 7.3. Market Analysis, Insights and Forecast - by Drive
      • 7.3.1. AC
        • 7.3.1.1. IE1
        • 7.3.1.2. IE2
        • 7.3.1.3. IE3
        • 7.3.1.4. IE4
        • 7.3.1.5. Others
      • 7.3.2. DC
      • 7.3.3. Servo
    • 7.4. Market Analysis, Insights and Forecast - by Technology
      • 7.4.1. Standard
      • 7.4.2. Regenerative
    • 7.5. Market Analysis, Insights and Forecast - by System
      • 7.5.1. Open loop
      • 7.5.2. Closed loop
    • 7.6. Market Analysis, Insights and Forecast - by Application
      • 7.6.1. Pump
      • 7.6.2. Fan
      • 7.6.3. Conveyor
      • 7.6.4. Compressor
      • 7.6.5. Extruder
      • 7.6.6. Others
    • 7.7. Market Analysis, Insights and Forecast - by End-Use
      • 7.7.1. Oil & gas
      • 7.7.2. Power generation
      • 7.7.3. Food processing
      • 7.7.4. Automotive
      • 7.7.5. Mining & metals
      • 7.7.6. Pulp & paper
      • 7.7.7. Textile
      • 7.7.8. Marine
      • 7.7.9. Others
  8. 8. Asia Pacific Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Power Range
      • 8.1.1. Micro
      • 8.1.2. Low
    • 8.2. Market Analysis, Insights and Forecast - by Capacity
      • 8.2.1. < 2.2 kW
      • 8.2.2. 2.2 - < 7.5 kW
      • 8.2.3. 7.5 kW - < 22 kW
      • 8.2.4. 22 kW - < 75 kW
      • 8.2.5. ≥ 75 kW - <110 kW
      • 8.2.6. ≥ 110 kW - < 500 kW
      • 8.2.7. ≥ 500 kW
    • 8.3. Market Analysis, Insights and Forecast - by Drive
      • 8.3.1. AC
        • 8.3.1.1. IE1
        • 8.3.1.2. IE2
        • 8.3.1.3. IE3
        • 8.3.1.4. IE4
        • 8.3.1.5. Others
      • 8.3.2. DC
      • 8.3.3. Servo
    • 8.4. Market Analysis, Insights and Forecast - by Technology
      • 8.4.1. Standard
      • 8.4.2. Regenerative
    • 8.5. Market Analysis, Insights and Forecast - by System
      • 8.5.1. Open loop
      • 8.5.2. Closed loop
    • 8.6. Market Analysis, Insights and Forecast - by Application
      • 8.6.1. Pump
      • 8.6.2. Fan
      • 8.6.3. Conveyor
      • 8.6.4. Compressor
      • 8.6.5. Extruder
      • 8.6.6. Others
    • 8.7. Market Analysis, Insights and Forecast - by End-Use
      • 8.7.1. Oil & gas
      • 8.7.2. Power generation
      • 8.7.3. Food processing
      • 8.7.4. Automotive
      • 8.7.5. Mining & metals
      • 8.7.6. Pulp & paper
      • 8.7.7. Textile
      • 8.7.8. Marine
      • 8.7.9. Others
  9. 9. Middle East & Africa Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Power Range
      • 9.1.1. Micro
      • 9.1.2. Low
    • 9.2. Market Analysis, Insights and Forecast - by Capacity
      • 9.2.1. < 2.2 kW
      • 9.2.2. 2.2 - < 7.5 kW
      • 9.2.3. 7.5 kW - < 22 kW
      • 9.2.4. 22 kW - < 75 kW
      • 9.2.5. ≥ 75 kW - <110 kW
      • 9.2.6. ≥ 110 kW - < 500 kW
      • 9.2.7. ≥ 500 kW
    • 9.3. Market Analysis, Insights and Forecast - by Drive
      • 9.3.1. AC
        • 9.3.1.1. IE1
        • 9.3.1.2. IE2
        • 9.3.1.3. IE3
        • 9.3.1.4. IE4
        • 9.3.1.5. Others
      • 9.3.2. DC
      • 9.3.3. Servo
    • 9.4. Market Analysis, Insights and Forecast - by Technology
      • 9.4.1. Standard
      • 9.4.2. Regenerative
    • 9.5. Market Analysis, Insights and Forecast - by System
      • 9.5.1. Open loop
      • 9.5.2. Closed loop
    • 9.6. Market Analysis, Insights and Forecast - by Application
      • 9.6.1. Pump
      • 9.6.2. Fan
      • 9.6.3. Conveyor
      • 9.6.4. Compressor
      • 9.6.5. Extruder
      • 9.6.6. Others
    • 9.7. Market Analysis, Insights and Forecast - by End-Use
      • 9.7.1. Oil & gas
      • 9.7.2. Power generation
      • 9.7.3. Food processing
      • 9.7.4. Automotive
      • 9.7.5. Mining & metals
      • 9.7.6. Pulp & paper
      • 9.7.7. Textile
      • 9.7.8. Marine
      • 9.7.9. Others
  10. 10. Latin America Low Voltage Drives Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Power Range
      • 10.1.1. Micro
      • 10.1.2. Low
    • 10.2. Market Analysis, Insights and Forecast - by Capacity
      • 10.2.1. < 2.2 kW
      • 10.2.2. 2.2 - < 7.5 kW
      • 10.2.3. 7.5 kW - < 22 kW
      • 10.2.4. 22 kW - < 75 kW
      • 10.2.5. ≥ 75 kW - <110 kW
      • 10.2.6. ≥ 110 kW - < 500 kW
      • 10.2.7. ≥ 500 kW
    • 10.3. Market Analysis, Insights and Forecast - by Drive
      • 10.3.1. AC
        • 10.3.1.1. IE1
        • 10.3.1.2. IE2
        • 10.3.1.3. IE3
        • 10.3.1.4. IE4
        • 10.3.1.5. Others
      • 10.3.2. DC
      • 10.3.3. Servo
    • 10.4. Market Analysis, Insights and Forecast - by Technology
      • 10.4.1. Standard
      • 10.4.2. Regenerative
    • 10.5. Market Analysis, Insights and Forecast - by System
      • 10.5.1. Open loop
      • 10.5.2. Closed loop
    • 10.6. Market Analysis, Insights and Forecast - by Application
      • 10.6.1. Pump
      • 10.6.2. Fan
      • 10.6.3. Conveyor
      • 10.6.4. Compressor
      • 10.6.5. Extruder
      • 10.6.6. Others
    • 10.7. Market Analysis, Insights and Forecast - by End-Use
      • 10.7.1. Oil & gas
      • 10.7.2. Power generation
      • 10.7.3. Food processing
      • 10.7.4. Automotive
      • 10.7.5. Mining & metals
      • 10.7.6. Pulp & paper
      • 10.7.7. Textile
      • 10.7.8. Marine
      • 10.7.9. Others
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 ABB
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Beckhoff Automation
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Bosch Rexroth AG
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 CG Power & Industrial Solutions Ltd.
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Danfoss
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Eaton
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Emerson Electric Co.
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Fuji Electric Co. Ltd.
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 GE
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Hiconics Eco-energy Technology Co. Ltd.
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Hitachi Ltd.
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
        • 11.2.12 Honeywell International Inc.
          • 11.2.12.1. Overview
          • 11.2.12.2. Products
          • 11.2.12.3. SWOT Analysis
          • 11.2.12.4. Recent Developments
          • 11.2.12.5. Financials (Based on Availability)
        • 11.2.13 Johnson Controls
          • 11.2.13.1. Overview
          • 11.2.13.2. Products
          • 11.2.13.3. SWOT Analysis
          • 11.2.13.4. Recent Developments
          • 11.2.13.5. Financials (Based on Availability)
        • 11.2.14 Mitsubishi Electric Corporation
          • 11.2.14.1. Overview
          • 11.2.14.2. Products
          • 11.2.14.3. SWOT Analysis
          • 11.2.14.4. Recent Developments
          • 11.2.14.5. Financials (Based on Availability)
        • 11.2.15 NIDEC CORPORATION
          • 11.2.15.1. Overview
          • 11.2.15.2. Products
          • 11.2.15.3. SWOT Analysis
          • 11.2.15.4. Recent Developments
          • 11.2.15.5. Financials (Based on Availability)
        • 11.2.16 Rockwell Automation Inc.
          • 11.2.16.1. Overview
          • 11.2.16.2. Products
          • 11.2.16.3. SWOT Analysis
          • 11.2.16.4. Recent Developments
          • 11.2.16.5. Financials (Based on Availability)
        • 11.2.17 Schneider Electric
          • 11.2.17.1. Overview
          • 11.2.17.2. Products
          • 11.2.17.3. SWOT Analysis
          • 11.2.17.4. Recent Developments
          • 11.2.17.5. Financials (Based on Availability)
        • 11.2.18 Siemens
          • 11.2.18.1. Overview
          • 11.2.18.2. Products
          • 11.2.18.3. SWOT Analysis
          • 11.2.18.4. Recent Developments
          • 11.2.18.5. Financials (Based on Availability)
        • 11.2.19 WEG
          • 11.2.19.1. Overview
          • 11.2.19.2. Products
          • 11.2.19.3. SWOT Analysis
          • 11.2.19.4. Recent Developments
          • 11.2.19.5. Financials (Based on Availability)
        • 11.2.20 YASKAWA ELECTRIC CORPORATION
          • 11.2.20.1. Overview
          • 11.2.20.2. Products
          • 11.2.20.3. SWOT Analysis
          • 11.2.20.4. Recent Developments
          • 11.2.20.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Low Voltage Drives Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
  2. Figure 2: Global Low Voltage Drives Market Volume Breakdown (K Tons, %) by Region 2024 & 2032
  3. Figure 3: North America Low Voltage Drives Market Revenue (Billion), by Power Range 2024 & 2032
  4. Figure 4: North America Low Voltage Drives Market Volume (K Tons), by Power Range 2024 & 2032
  5. Figure 5: North America Low Voltage Drives Market Revenue Share (%), by Power Range 2024 & 2032
  6. Figure 6: North America Low Voltage Drives Market Volume Share (%), by Power Range 2024 & 2032
  7. Figure 7: North America Low Voltage Drives Market Revenue (Billion), by Capacity 2024 & 2032
  8. Figure 8: North America Low Voltage Drives Market Volume (K Tons), by Capacity 2024 & 2032
  9. Figure 9: North America Low Voltage Drives Market Revenue Share (%), by Capacity 2024 & 2032
  10. Figure 10: North America Low Voltage Drives Market Volume Share (%), by Capacity 2024 & 2032
  11. Figure 11: North America Low Voltage Drives Market Revenue (Billion), by Drive 2024 & 2032
  12. Figure 12: North America Low Voltage Drives Market Volume (K Tons), by Drive 2024 & 2032
  13. Figure 13: North America Low Voltage Drives Market Revenue Share (%), by Drive 2024 & 2032
  14. Figure 14: North America Low Voltage Drives Market Volume Share (%), by Drive 2024 & 2032
  15. Figure 15: North America Low Voltage Drives Market Revenue (Billion), by Technology 2024 & 2032
  16. Figure 16: North America Low Voltage Drives Market Volume (K Tons), by Technology 2024 & 2032
  17. Figure 17: North America Low Voltage Drives Market Revenue Share (%), by Technology 2024 & 2032
  18. Figure 18: North America Low Voltage Drives Market Volume Share (%), by Technology 2024 & 2032
  19. Figure 19: North America Low Voltage Drives Market Revenue (Billion), by System 2024 & 2032
  20. Figure 20: North America Low Voltage Drives Market Volume (K Tons), by System 2024 & 2032
  21. Figure 21: North America Low Voltage Drives Market Revenue Share (%), by System 2024 & 2032
  22. Figure 22: North America Low Voltage Drives Market Volume Share (%), by System 2024 & 2032
  23. Figure 23: North America Low Voltage Drives Market Revenue (Billion), by Application 2024 & 2032
  24. Figure 24: North America Low Voltage Drives Market Volume (K Tons), by Application 2024 & 2032
  25. Figure 25: North America Low Voltage Drives Market Revenue Share (%), by Application 2024 & 2032
  26. Figure 26: North America Low Voltage Drives Market Volume Share (%), by Application 2024 & 2032
  27. Figure 27: North America Low Voltage Drives Market Revenue (Billion), by End-Use 2024 & 2032
  28. Figure 28: North America Low Voltage Drives Market Volume (K Tons), by End-Use 2024 & 2032
  29. Figure 29: North America Low Voltage Drives Market Revenue Share (%), by End-Use 2024 & 2032
  30. Figure 30: North America Low Voltage Drives Market Volume Share (%), by End-Use 2024 & 2032
  31. Figure 31: North America Low Voltage Drives Market Revenue (Billion), by Country 2024 & 2032
  32. Figure 32: North America Low Voltage Drives Market Volume (K Tons), by Country 2024 & 2032
  33. Figure 33: North America Low Voltage Drives Market Revenue Share (%), by Country 2024 & 2032
  34. Figure 34: North America Low Voltage Drives Market Volume Share (%), by Country 2024 & 2032
  35. Figure 35: Europe Low Voltage Drives Market Revenue (Billion), by Power Range 2024 & 2032
  36. Figure 36: Europe Low Voltage Drives Market Volume (K Tons), by Power Range 2024 & 2032
  37. Figure 37: Europe Low Voltage Drives Market Revenue Share (%), by Power Range 2024 & 2032
  38. Figure 38: Europe Low Voltage Drives Market Volume Share (%), by Power Range 2024 & 2032
  39. Figure 39: Europe Low Voltage Drives Market Revenue (Billion), by Capacity 2024 & 2032
  40. Figure 40: Europe Low Voltage Drives Market Volume (K Tons), by Capacity 2024 & 2032
  41. Figure 41: Europe Low Voltage Drives Market Revenue Share (%), by Capacity 2024 & 2032
  42. Figure 42: Europe Low Voltage Drives Market Volume Share (%), by Capacity 2024 & 2032
  43. Figure 43: Europe Low Voltage Drives Market Revenue (Billion), by Drive 2024 & 2032
  44. Figure 44: Europe Low Voltage Drives Market Volume (K Tons), by Drive 2024 & 2032
  45. Figure 45: Europe Low Voltage Drives Market Revenue Share (%), by Drive 2024 & 2032
  46. Figure 46: Europe Low Voltage Drives Market Volume Share (%), by Drive 2024 & 2032
  47. Figure 47: Europe Low Voltage Drives Market Revenue (Billion), by Technology 2024 & 2032
  48. Figure 48: Europe Low Voltage Drives Market Volume (K Tons), by Technology 2024 & 2032
  49. Figure 49: Europe Low Voltage Drives Market Revenue Share (%), by Technology 2024 & 2032
  50. Figure 50: Europe Low Voltage Drives Market Volume Share (%), by Technology 2024 & 2032
  51. Figure 51: Europe Low Voltage Drives Market Revenue (Billion), by System 2024 & 2032
  52. Figure 52: Europe Low Voltage Drives Market Volume (K Tons), by System 2024 & 2032
  53. Figure 53: Europe Low Voltage Drives Market Revenue Share (%), by System 2024 & 2032
  54. Figure 54: Europe Low Voltage Drives Market Volume Share (%), by System 2024 & 2032
  55. Figure 55: Europe Low Voltage Drives Market Revenue (Billion), by Application 2024 & 2032
  56. Figure 56: Europe Low Voltage Drives Market Volume (K Tons), by Application 2024 & 2032
  57. Figure 57: Europe Low Voltage Drives Market Revenue Share (%), by Application 2024 & 2032
  58. Figure 58: Europe Low Voltage Drives Market Volume Share (%), by Application 2024 & 2032
  59. Figure 59: Europe Low Voltage Drives Market Revenue (Billion), by End-Use 2024 & 2032
  60. Figure 60: Europe Low Voltage Drives Market Volume (K Tons), by End-Use 2024 & 2032
  61. Figure 61: Europe Low Voltage Drives Market Revenue Share (%), by End-Use 2024 & 2032
  62. Figure 62: Europe Low Voltage Drives Market Volume Share (%), by End-Use 2024 & 2032
  63. Figure 63: Europe Low Voltage Drives Market Revenue (Billion), by Country 2024 & 2032
  64. Figure 64: Europe Low Voltage Drives Market Volume (K Tons), by Country 2024 & 2032
  65. Figure 65: Europe Low Voltage Drives Market Revenue Share (%), by Country 2024 & 2032
  66. Figure 66: Europe Low Voltage Drives Market Volume Share (%), by Country 2024 & 2032
  67. Figure 67: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Power Range 2024 & 2032
  68. Figure 68: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Power Range 2024 & 2032
  69. Figure 69: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Power Range 2024 & 2032
  70. Figure 70: Asia Pacific Low Voltage Drives Market Volume Share (%), by Power Range 2024 & 2032
  71. Figure 71: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Capacity 2024 & 2032
  72. Figure 72: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Capacity 2024 & 2032
  73. Figure 73: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Capacity 2024 & 2032
  74. Figure 74: Asia Pacific Low Voltage Drives Market Volume Share (%), by Capacity 2024 & 2032
  75. Figure 75: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Drive 2024 & 2032
  76. Figure 76: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Drive 2024 & 2032
  77. Figure 77: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Drive 2024 & 2032
  78. Figure 78: Asia Pacific Low Voltage Drives Market Volume Share (%), by Drive 2024 & 2032
  79. Figure 79: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Technology 2024 & 2032
  80. Figure 80: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Technology 2024 & 2032
  81. Figure 81: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Technology 2024 & 2032
  82. Figure 82: Asia Pacific Low Voltage Drives Market Volume Share (%), by Technology 2024 & 2032
  83. Figure 83: Asia Pacific Low Voltage Drives Market Revenue (Billion), by System 2024 & 2032
  84. Figure 84: Asia Pacific Low Voltage Drives Market Volume (K Tons), by System 2024 & 2032
  85. Figure 85: Asia Pacific Low Voltage Drives Market Revenue Share (%), by System 2024 & 2032
  86. Figure 86: Asia Pacific Low Voltage Drives Market Volume Share (%), by System 2024 & 2032
  87. Figure 87: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Application 2024 & 2032
  88. Figure 88: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Application 2024 & 2032
  89. Figure 89: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Application 2024 & 2032
  90. Figure 90: Asia Pacific Low Voltage Drives Market Volume Share (%), by Application 2024 & 2032
  91. Figure 91: Asia Pacific Low Voltage Drives Market Revenue (Billion), by End-Use 2024 & 2032
  92. Figure 92: Asia Pacific Low Voltage Drives Market Volume (K Tons), by End-Use 2024 & 2032
  93. Figure 93: Asia Pacific Low Voltage Drives Market Revenue Share (%), by End-Use 2024 & 2032
  94. Figure 94: Asia Pacific Low Voltage Drives Market Volume Share (%), by End-Use 2024 & 2032
  95. Figure 95: Asia Pacific Low Voltage Drives Market Revenue (Billion), by Country 2024 & 2032
  96. Figure 96: Asia Pacific Low Voltage Drives Market Volume (K Tons), by Country 2024 & 2032
  97. Figure 97: Asia Pacific Low Voltage Drives Market Revenue Share (%), by Country 2024 & 2032
  98. Figure 98: Asia Pacific Low Voltage Drives Market Volume Share (%), by Country 2024 & 2032
  99. Figure 99: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Power Range 2024 & 2032
  100. Figure 100: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Power Range 2024 & 2032
  101. Figure 101: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Power Range 2024 & 2032
  102. Figure 102: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Power Range 2024 & 2032
  103. Figure 103: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Capacity 2024 & 2032
  104. Figure 104: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Capacity 2024 & 2032
  105. Figure 105: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Capacity 2024 & 2032
  106. Figure 106: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Capacity 2024 & 2032
  107. Figure 107: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Drive 2024 & 2032
  108. Figure 108: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Drive 2024 & 2032
  109. Figure 109: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Drive 2024 & 2032
  110. Figure 110: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Drive 2024 & 2032
  111. Figure 111: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Technology 2024 & 2032
  112. Figure 112: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Technology 2024 & 2032
  113. Figure 113: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Technology 2024 & 2032
  114. Figure 114: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Technology 2024 & 2032
  115. Figure 115: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by System 2024 & 2032
  116. Figure 116: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by System 2024 & 2032
  117. Figure 117: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by System 2024 & 2032
  118. Figure 118: Middle East & Africa Low Voltage Drives Market Volume Share (%), by System 2024 & 2032
  119. Figure 119: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Application 2024 & 2032
  120. Figure 120: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Application 2024 & 2032
  121. Figure 121: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Application 2024 & 2032
  122. Figure 122: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Application 2024 & 2032
  123. Figure 123: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by End-Use 2024 & 2032
  124. Figure 124: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by End-Use 2024 & 2032
  125. Figure 125: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by End-Use 2024 & 2032
  126. Figure 126: Middle East & Africa Low Voltage Drives Market Volume Share (%), by End-Use 2024 & 2032
  127. Figure 127: Middle East & Africa Low Voltage Drives Market Revenue (Billion), by Country 2024 & 2032
  128. Figure 128: Middle East & Africa Low Voltage Drives Market Volume (K Tons), by Country 2024 & 2032
  129. Figure 129: Middle East & Africa Low Voltage Drives Market Revenue Share (%), by Country 2024 & 2032
  130. Figure 130: Middle East & Africa Low Voltage Drives Market Volume Share (%), by Country 2024 & 2032
  131. Figure 131: Latin America Low Voltage Drives Market Revenue (Billion), by Power Range 2024 & 2032
  132. Figure 132: Latin America Low Voltage Drives Market Volume (K Tons), by Power Range 2024 & 2032
  133. Figure 133: Latin America Low Voltage Drives Market Revenue Share (%), by Power Range 2024 & 2032
  134. Figure 134: Latin America Low Voltage Drives Market Volume Share (%), by Power Range 2024 & 2032
  135. Figure 135: Latin America Low Voltage Drives Market Revenue (Billion), by Capacity 2024 & 2032
  136. Figure 136: Latin America Low Voltage Drives Market Volume (K Tons), by Capacity 2024 & 2032
  137. Figure 137: Latin America Low Voltage Drives Market Revenue Share (%), by Capacity 2024 & 2032
  138. Figure 138: Latin America Low Voltage Drives Market Volume Share (%), by Capacity 2024 & 2032
  139. Figure 139: Latin America Low Voltage Drives Market Revenue (Billion), by Drive 2024 & 2032
  140. Figure 140: Latin America Low Voltage Drives Market Volume (K Tons), by Drive 2024 & 2032
  141. Figure 141: Latin America Low Voltage Drives Market Revenue Share (%), by Drive 2024 & 2032
  142. Figure 142: Latin America Low Voltage Drives Market Volume Share (%), by Drive 2024 & 2032
  143. Figure 143: Latin America Low Voltage Drives Market Revenue (Billion), by Technology 2024 & 2032
  144. Figure 144: Latin America Low Voltage Drives Market Volume (K Tons), by Technology 2024 & 2032
  145. Figure 145: Latin America Low Voltage Drives Market Revenue Share (%), by Technology 2024 & 2032
  146. Figure 146: Latin America Low Voltage Drives Market Volume Share (%), by Technology 2024 & 2032
  147. Figure 147: Latin America Low Voltage Drives Market Revenue (Billion), by System 2024 & 2032
  148. Figure 148: Latin America Low Voltage Drives Market Volume (K Tons), by System 2024 & 2032
  149. Figure 149: Latin America Low Voltage Drives Market Revenue Share (%), by System 2024 & 2032
  150. Figure 150: Latin America Low Voltage Drives Market Volume Share (%), by System 2024 & 2032
  151. Figure 151: Latin America Low Voltage Drives Market Revenue (Billion), by Application 2024 & 2032
  152. Figure 152: Latin America Low Voltage Drives Market Volume (K Tons), by Application 2024 & 2032
  153. Figure 153: Latin America Low Voltage Drives Market Revenue Share (%), by Application 2024 & 2032
  154. Figure 154: Latin America Low Voltage Drives Market Volume Share (%), by Application 2024 & 2032
  155. Figure 155: Latin America Low Voltage Drives Market Revenue (Billion), by End-Use 2024 & 2032
  156. Figure 156: Latin America Low Voltage Drives Market Volume (K Tons), by End-Use 2024 & 2032
  157. Figure 157: Latin America Low Voltage Drives Market Revenue Share (%), by End-Use 2024 & 2032
  158. Figure 158: Latin America Low Voltage Drives Market Volume Share (%), by End-Use 2024 & 2032
  159. Figure 159: Latin America Low Voltage Drives Market Revenue (Billion), by Country 2024 & 2032
  160. Figure 160: Latin America Low Voltage Drives Market Volume (K Tons), by Country 2024 & 2032
  161. Figure 161: Latin America Low Voltage Drives Market Revenue Share (%), by Country 2024 & 2032
  162. Figure 162: Latin America Low Voltage Drives Market Volume Share (%), by Country 2024 & 2032

List of Tables

  1. Table 1: Global Low Voltage Drives Market Revenue Billion Forecast, by Region 2019 & 2032
  2. Table 2: Global Low Voltage Drives Market Volume K Tons Forecast, by Region 2019 & 2032
  3. Table 3: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  4. Table 4: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  5. Table 5: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  6. Table 6: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  7. Table 7: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  8. Table 8: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  9. Table 9: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  10. Table 10: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  11. Table 11: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  12. Table 12: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  13. Table 13: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  14. Table 14: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  15. Table 15: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  16. Table 16: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  17. Table 17: Global Low Voltage Drives Market Revenue Billion Forecast, by Region 2019 & 2032
  18. Table 18: Global Low Voltage Drives Market Volume K Tons Forecast, by Region 2019 & 2032
  19. Table 19: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  20. Table 20: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  21. Table 21: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  22. Table 22: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  23. Table 23: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  24. Table 24: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  25. Table 25: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  26. Table 26: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  27. Table 27: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  28. Table 28: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  29. Table 29: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  30. Table 30: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  31. Table 31: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  32. Table 32: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  33. Table 33: Global Low Voltage Drives Market Revenue Billion Forecast, by Country 2019 & 2032
  34. Table 34: Global Low Voltage Drives Market Volume K Tons Forecast, by Country 2019 & 2032
  35. Table 35: U.S Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  36. Table 36: U.S Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  37. Table 37: Canada Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  38. Table 38: Canada Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  39. Table 39: Mexico Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  40. Table 40: Mexico Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  41. Table 41: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  42. Table 42: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  43. Table 43: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  44. Table 44: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  45. Table 45: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  46. Table 46: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  47. Table 47: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  48. Table 48: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  49. Table 49: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  50. Table 50: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  51. Table 51: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  52. Table 52: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  53. Table 53: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  54. Table 54: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  55. Table 55: Global Low Voltage Drives Market Revenue Billion Forecast, by Country 2019 & 2032
  56. Table 56: Global Low Voltage Drives Market Volume K Tons Forecast, by Country 2019 & 2032
  57. Table 57: Germany Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  58. Table 58: Germany Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  59. Table 59: UK Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  60. Table 60: UK Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  61. Table 61: France Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  62. Table 62: France Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  63. Table 63: Italy Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  64. Table 64: Italy Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  65. Table 65: Spain Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  66. Table 66: Spain Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  67. Table 67: Russia Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  68. Table 68: Russia Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  69. Table 69: Norway Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  70. Table 70: Norway Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  71. Table 71: Sweden Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  72. Table 72: Sweden Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  73. Table 73: Poland Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  74. Table 74: Poland Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  75. Table 75: Netherlands Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  76. Table 76: Netherlands Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  77. Table 77: Belgium Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  78. Table 78: Belgium Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  79. Table 79: Denmark Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  80. Table 80: Denmark Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  81. Table 81: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  82. Table 82: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  83. Table 83: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  84. Table 84: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  85. Table 85: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  86. Table 86: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  87. Table 87: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  88. Table 88: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  89. Table 89: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  90. Table 90: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  91. Table 91: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  92. Table 92: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  93. Table 93: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  94. Table 94: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  95. Table 95: Global Low Voltage Drives Market Revenue Billion Forecast, by Country 2019 & 2032
  96. Table 96: Global Low Voltage Drives Market Volume K Tons Forecast, by Country 2019 & 2032
  97. Table 97: China Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  98. Table 98: China Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  99. Table 99: Japan Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  100. Table 100: Japan Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  101. Table 101: India Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  102. Table 102: India Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  103. Table 103: Australia Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  104. Table 104: Australia Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  105. Table 105: South Korea Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  106. Table 106: South Korea Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  107. Table 107: Thailand Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  108. Table 108: Thailand Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  109. Table 109: Singapore Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  110. Table 110: Singapore Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  111. Table 111: Malaysia Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  112. Table 112: Malaysia Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  113. Table 113: Philippines Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  114. Table 114: Philippines Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  115. Table 115: Vietnam Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  116. Table 116: Vietnam Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  117. Table 117: Indonesia Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  118. Table 118: Indonesia Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  119. Table 119: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  120. Table 120: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  121. Table 121: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  122. Table 122: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  123. Table 123: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  124. Table 124: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  125. Table 125: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  126. Table 126: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  127. Table 127: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  128. Table 128: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  129. Table 129: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  130. Table 130: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  131. Table 131: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  132. Table 132: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  133. Table 133: Global Low Voltage Drives Market Revenue Billion Forecast, by Country 2019 & 2032
  134. Table 134: Global Low Voltage Drives Market Volume K Tons Forecast, by Country 2019 & 2032
  135. Table 135: Saudi Arabia Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  136. Table 136: Saudi Arabia Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  137. Table 137: UAE Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  138. Table 138: UAE Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  139. Table 139: Qatar Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  140. Table 140: Qatar Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  141. Table 141: Jordan Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  142. Table 142: Jordan Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  143. Table 143: South Africa Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  144. Table 144: South Africa Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  145. Table 145: Nigeria Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  146. Table 146: Nigeria Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  147. Table 147: Egypt Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  148. Table 148: Egypt Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  149. Table 149: Alegria Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  150. Table 150: Alegria Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  151. Table 151: Global Low Voltage Drives Market Revenue Billion Forecast, by Power Range 2019 & 2032
  152. Table 152: Global Low Voltage Drives Market Volume K Tons Forecast, by Power Range 2019 & 2032
  153. Table 153: Global Low Voltage Drives Market Revenue Billion Forecast, by Capacity 2019 & 2032
  154. Table 154: Global Low Voltage Drives Market Volume K Tons Forecast, by Capacity 2019 & 2032
  155. Table 155: Global Low Voltage Drives Market Revenue Billion Forecast, by Drive 2019 & 2032
  156. Table 156: Global Low Voltage Drives Market Volume K Tons Forecast, by Drive 2019 & 2032
  157. Table 157: Global Low Voltage Drives Market Revenue Billion Forecast, by Technology 2019 & 2032
  158. Table 158: Global Low Voltage Drives Market Volume K Tons Forecast, by Technology 2019 & 2032
  159. Table 159: Global Low Voltage Drives Market Revenue Billion Forecast, by System 2019 & 2032
  160. Table 160: Global Low Voltage Drives Market Volume K Tons Forecast, by System 2019 & 2032
  161. Table 161: Global Low Voltage Drives Market Revenue Billion Forecast, by Application 2019 & 2032
  162. Table 162: Global Low Voltage Drives Market Volume K Tons Forecast, by Application 2019 & 2032
  163. Table 163: Global Low Voltage Drives Market Revenue Billion Forecast, by End-Use 2019 & 2032
  164. Table 164: Global Low Voltage Drives Market Volume K Tons Forecast, by End-Use 2019 & 2032
  165. Table 165: Global Low Voltage Drives Market Revenue Billion Forecast, by Country 2019 & 2032
  166. Table 166: Global Low Voltage Drives Market Volume K Tons Forecast, by Country 2019 & 2032
  167. Table 167: Brazil Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  168. Table 168: Brazil Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  169. Table 169: Argentina Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  170. Table 170: Argentina Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032
  171. Table 171: Chile Low Voltage Drives Market Revenue (Billion) Forecast, by Application 2019 & 2032
  172. Table 172: Chile Low Voltage Drives Market Volume (K Tons) Forecast, by Application 2019 & 2032

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Low Voltage Drives Market?

The projected CAGR is approximately 4.3%.

2. Which companies are prominent players in the Low Voltage Drives Market?

Key companies in the market include ABB, Beckhoff Automation, Bosch Rexroth AG, CG Power & Industrial Solutions Ltd., Danfoss, Eaton, Emerson Electric Co., Fuji Electric Co., Ltd., GE, Hiconics Eco-energy Technology Co., Ltd., Hitachi, Ltd., Honeywell International Inc., Johnson Controls, Mitsubishi Electric Corporation, NIDEC CORPORATION, Rockwell Automation, Inc., Schneider Electric, Siemens, WEG, YASKAWA ELECTRIC CORPORATION.

3. What are the main segments of the Low Voltage Drives Market?

The market segments include Power Range, Capacity, Drive, Technology, System, Application, End-Use.

4. Can you provide details about the market size?

The market size is estimated to be USD 19.2 Billion as of 2022.

5. What are some drivers contributing to market growth?

Flourishing investments in new & existing industrial ventures. Encouraging policy framework to boost the energy efficiency. Positive outlook towards deployment of low carbon systems and attain reduced GHG emission levels.

6. What are the notable trends driving market growth?

N/A

7. Are there any restraints impacting market growth?

Significant initial deployment cost coupled with availability of high-capacity medium voltage drives.

8. Can you provide examples of recent developments in the market?

In March 2024, Invertek Drives Ltd launched a new addition to its Optidrive Coolvert variable frequency drive units designed to serve HVAC-R industry by operating across condensing units (CDUs), heat pumps, and BLDC compressors. The introduced product line includes a couple of new frame sizes called Sizes 3 and 4 to deliver compact design with enhanced space savings, easy setup & integration, extended power ranges, and seamless operations with natural refrigerants in HVAC-R applications.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Billion and volume, measured in K Tons.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Low Voltage Drives Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Low Voltage Drives Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Low Voltage Drives Market?

To stay informed about further developments, trends, and reports in the Low Voltage Drives Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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