DUBLIN--(BUSINESS WIRE)--The "Global DC Drive Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Due to the surge in power consumption across the world, the global DC drive market is likely to register healthy growth over the forecast period.
The increasing disposable income and growing per capita consumption of electricity are leading to an increase in global power consumption. Due to its use in electrical vehicles (EV), the popularity of DC drives has increased. With the rise in preference toward eco-friendly travel, a greater demand has been observed for DC motors and subsequently, DC drives. Exceptional torque handling capacity of a DC drive is another critical attribute. The starting and accelerating torque which may reach up to 400%, can be provided by the DC drives. The regeneration of overhauling loads can be performed with DC drives. DC current-based motor is the first motor that was created even before AC motors.
The booming industrial infrastructure is one of the major drivers of the DC drive market. Industries require regular supply of electricity for their operations. The application of DC drives in the industrial sector is widespread, as most of the equipment are driven by electrical energy.
Asia-Pacific region accounts for the largest share in the global DC drive market. The growth of industrial infrastructure and rising consumption of electricity in the region are likely to promulgate the demand for DC drive in the region, during forecast period. Moreover, the replacement of old equipment with new ones, is likely to make significant contribution to the market's growth. China is growing at a robust pace, in terms of augmenting the overall supply of electrical energy, on account of the growing demand in the country.
- Schneider Electric
- ABB Ltd
- Siemens AG
- Kirloskar Electric
- Mitsubishi Electric Corporation
- Fuji Electric Global
- Anaheim Automation
- Emerson Electric Co.
- Danfoss Group
- Crompton Greaves Limited
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Regional Market Analysis
8. Market Segmentation and Analysis - By Power Rating
9. Market Segmentation and Analysis - By End User
10. Key Company Analysis
11. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/qfszff/global_dc_drive?w=4