Request SampleGlobal Low and Medium-voltage Inverter Market Research Report 2022
SKU ID : QYR-21624703 | Publishing Date : 06-Sep-2022 | No. of pages : 100
Low and Medium-voltage Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source.
Market Analysis and Insights: Global Low and Medium-voltage Inverter Market
Due to the COVID-19 pandemic, the global Low and Medium-voltage Inverter market size is estimated to be worth US$ 12350 million in 2022 and is forecast to a readjusted size of US$ 15180 million by 2028 with a CAGR of 3.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Medium-Voltage Inverter accounting for % of the Low and Medium-voltage Inverter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Textile segment is altered to an % CAGR throughout this forecast period.
For the major players of Low and Medium-voltage Inverter, ABB maintained its first place in the ranking. Followed by Siemens, Danfoss, Yaskawa Electric and Rockwell Automation. The Top 5 players accounted for about 52% of the Global Low and Medium-voltage Inverter revenue market share.
In this study, the revenue market for Low and Medium-voltage Inverter was divided into five geographic regions. Europe occupied the largest revenue market share with about 29%. It is followed by China and North America. Other regions have smaller market.
Based on product type, Low-voltage Inverter type segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for about 80% share in terms of revenue.
In the applications, Hoisting Machinery, Textile Industry and Oil & Gas Industry were estimated to account for the highest market share of about 62%.
Global Low and Medium-voltage Inverter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Low and Medium-voltage Inverter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Medium-Voltage Inverter
Low-Voltage Inverter
Segment by Application
Textile
Oil & Gas
Mining
Hoisting
Others
By Company
ABB
Siemens
Danfoss
Yaskawa Electric
Rockwell Automation
Mitsubishi Electric
Schneider Electric
Fuji Electric
Inovance Technology
Delta Electronics
INVT
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Low and Medium-voltage Inverter Market
Due to the COVID-19 pandemic, the global Low and Medium-voltage Inverter market size is estimated to be worth US$ 12350 million in 2022 and is forecast to a readjusted size of US$ 15180 million by 2028 with a CAGR of 3.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Medium-Voltage Inverter accounting for % of the Low and Medium-voltage Inverter global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Textile segment is altered to an % CAGR throughout this forecast period.
For the major players of Low and Medium-voltage Inverter, ABB maintained its first place in the ranking. Followed by Siemens, Danfoss, Yaskawa Electric and Rockwell Automation. The Top 5 players accounted for about 52% of the Global Low and Medium-voltage Inverter revenue market share.
In this study, the revenue market for Low and Medium-voltage Inverter was divided into five geographic regions. Europe occupied the largest revenue market share with about 29%. It is followed by China and North America. Other regions have smaller market.
Based on product type, Low-voltage Inverter type segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for about 80% share in terms of revenue.
In the applications, Hoisting Machinery, Textile Industry and Oil & Gas Industry were estimated to account for the highest market share of about 62%.
Global Low and Medium-voltage Inverter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Low and Medium-voltage Inverter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Medium-Voltage Inverter
Low-Voltage Inverter
Segment by Application
Textile
Oil & Gas
Mining
Hoisting
Others
By Company
ABB
Siemens
Danfoss
Yaskawa Electric
Rockwell Automation
Mitsubishi Electric
Schneider Electric
Fuji Electric
Inovance Technology
Delta Electronics
INVT
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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