DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jtlwtc/global_dc_drives) has announced the addition of the "Global DC Drives Market 2014-2018" report to their offering.
The Global DC Drives market to grow at a CAGR of 44.99% over the period 2013-2018.
A drive is an adjustable speed device that regulates the speed and direction of motors. The adjustment is made by varying the current flow through the motor. Drives are classified into two broad categories based on the type of current: 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 during the production processes.
One of the major trends in the market is the increasing demand for end-to-end systems. End-users prefer complete end-to-end systems from vendors rather than buying and installing stand-alone products. In addition, many end-users are adopting application-specific drives, which provide more energy efficiency than general drives.
According to the report, one of the major drivers in this market is increased demand from the APAC region. Increased urbanization and industrialization in the APAC region increases the demand for low-end and medium-end DC drives.
Further, the report states that one of the major challenges in this market is the continuous decline in vendors' profit margins. An increase in the cost of raw materials and a decline in the price of drives has led to a decline in the profit margins of vendors.
The Global DC Drives market can be segmented into two categories based on products:
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Low-end Drives
- Medium-range Drives
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?
Key Vendors
- ABB
- Schneider Electric
- Siemens
Other Prominent Vendors
- Beijing Leader & Harvest Electric Technologies
- Danfoss Group
- Emerson Electric
- Fuji Electric Holdings
- Hiconics Drive Technology
- Hitachi
- Mitsubishi Electric
- Rockwell Automation
- Toshiba
- Yaskawa America
For more information visit http://www.researchandmarkets.com/research/jtlwtc/global_dc_drives
