This report studies the Electric Drives market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Electric drives have become necessary for efficient speed and motion control of electric motors. The electric drives are primarily categorized into two types: AC and DC. The current market trends are favorable for AC drives because AC motors are more energy efficient than DC motors and do not have unreliable commutators. So, while the market growth of DC drives remained almost flat in recent years, the market for AC drives is expected to see linear growth.

Analysts forecast the global electric drives market to grow at a CAGR of 4.5% during the period 2018-2022. 

The increasing focus on the use of robots for industrial automation is one of the significant factors driving this market's growth. Electric drives are widely used in robots and primarily control direction, movement, and speed in robots. The growing need for automation across industrial, medical, and services sectors will lead to an augmented adoption of robots, which will positively impact the electric drives market during the forecast period.

The global electric drives market is highly fragmented owing to the presence of several well-established small and medium-sized vendors. The large vendors offer high-quality reliable devices with technological advancement. However, the cost of these drives remains very high and these drives face intense competition from small vendors that provide low-quality products at low cost. The competition is likely to intensify because of mergers and acquisitions. The large vendors are expected to acquire small and medium-sized vendors to enhance their market presence and expand their product portfolios.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Drives in these regions, from 2013 to 2025, covering
    North America (United States, Canada and Mexico)
    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
    South America (Brazil etc.)
    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
    ABB
    Danfoss
    Schneider Electric
    Siemens
    Rockwell Automation
    Mitsubishi Electric
    Hitachi
    Fuji Electric
    Yaskawa Electric
    Emerson Electric
    Toshiba

By the product type, the market is primarily split into
    AC drives
    DC drives

By the end users/application, this report covers the following segments
    Oil and gas
    Water and waste water treatment
    Food and beverage
    Mining

The study objectives of this report are:
    To study and analyze the global Electric Drives market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
    To understand the structure of Electric Drives market by identifying its various subsegments.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    Focuses on the key global Electric Drives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Electric Drives with respect to individual growth trends, future prospects, and their contribution to the total market.
    To project the value and volume of Electric Drives submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.

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