World Low Voltage Drives Markets published by Frost & Sullivan in June, 2006. This report price starts from US $ 6000.
Abstract
This Frost & Sullivan research service entitled The World Low Voltage Drives
Market provides an overview of revenue forecasts for the market across various
geographies along with a comprehensive analysis of the various drivers,
challenges, and trends prevailing in the market.
Market Overview
AC Drives Continue to Grow while DC Drives Show Reasonable Recovery
Increasing end-user concerns about energy efficiency are proving to be a
strong driving force for the growth of the low voltage (LV) drives market. The
market also benefits from sustained technological development, which has
resulted in smaller and easy-to-use drives that are commercially viable at
lower power ratings. While alternating current (AC) and servo drives are
showing a positive growth pattern, direct current (DC) drives are experiencing
a very low growth and have been losing market share to AC drives.
The lack of technology development is also impacting DC drives negatively,
with companies preferring to capitalize their R&D budgets on the expanding AC
segment. However, DC drives are likely to sustain their revenues with
customers using these drives as retrofit options to upgrade their existing
systems rather than completely shift to AC drives. "On the other hand, AC
drives are expected to continuously benefit from superior process capabilities
and cost competitiveness," says the analyst of this research service. "In
addition, the manufacturers have been focusing on investing in the AC segment,
resulting in the regular introduction of several new technologies."
Servo Drives Segment Experiences Strong Growth
The focus on energy cost savings, longer life cycles, and low maintenance
costs of equipment with a general economic recovery has positively impacted
end users' willingness to spend on optimizing their processes. With growing AC
drives, servo drives segments are also witnessing a sudden spurt of activity.
These drives are chiefly used in the manufacturing industry due to their vast
and accurate production capabilities but are expected to eventually diversify
into other areas such as aerospace, automobiles, and robotics. Another
important reason for their widespread adoption is that they are becoming more
cost effective as compared to AC drives.
One of the key trends seen in the LV drives market is end users' growing
preference for a total solution package. End users outsource projects to
either drive manufacturers or solution finders, and expect them to supply the
complete system. "This trend is gaining prominence as end users have
confidence in manufacturers and opt for knowledge outsourcing to minimize
risks as well as ensure proper applicability of the equipment installed," says
the analyst of this research service. "This enables end users to benefit from
operational and maintenance training for the entire system as well as from
significant cost savings." Other major trends in the LV drives market include
increased attention on lowering harmonics with reduction in size and cost of
drives.
Table of Contents
1. Executive Summary
- 1. Market Overview and Definitions
- 1. Introduction
- 2. Executive Overview
- 3. Competitive Analysis
- 2. Summary of Major Research Findings
- 1. Market Opportunities and Forecasts
- 2. Strategic Conclusions
2. World Low Voltage Drives Market
- 1. Market Overview and Definitions
- 1. Market Segmentation
- 2. Market Engineering Measurements
- 2. Strategic Analysis and Market Forecasts
- 1. Primary Industry Challenges
- 2. Secondary Industry Challenges
- 3. Market Drivers
- a. Increasing Awareness on Energy Conservation and Environmental
Compliance Leads to Increased Adoption
- b. Payback Period Becoming Shorter Justifies Capital Expenditure on
Drives
- c. Greater Need for Automation and Precise Control Promotes Growth
- d. Huge Shift to Low Cost Manufacturing Regions Spurs Growths in Newer
Regions
- e. Investments in Infrastructure Related Activities in Asia-Pacific
Regions Boost Sales
- f. Technology Change Resulting in Easy to Use Drives Spurs Growth
- g. Increased Adoption by Non-Industrial Areas Spurs Growth
- h. Emergence of New Markets such as Drives for Hybrid Electric Vehicles
Drives Growth
- 4. Market Restraints
- a. Slow Economic Recovery Slashes Potential Investment Thereby
Restricting The Sale Of Low Voltage Drives
- b. High Initial Investment Associated with the low Voltage Drives
Obstructs Sales
- c. Lack of Awareness Provokes End-Users to Incorporate Other Types of
Drives
- d. Increasing Customer Power Forces the Companies to Compromise
- e. Shrinking Customer Base in Developed Countries Decreases Revenues
- f. Market Maturity Slows Growth
- g. The Decrease in Greenfield Investments in Developed Countries Retards
the Sales of Low Voltage Drives
- h. Lack of Confidence Among End-users Due to their Experience with Bad
Quality Drives Limits Adoption of Drives
- 5. Revenue Forecasts
- 6. End-user Analysis
- 3. Market Trends
- 1. Trends by Geographic Regions
- 2. Pricing Trends
- 3. Market and Technology Trends
- 4. Distribution Analysis
- 4. Competitive Landscape Analysis
- 1. Competitive Structure
- 2. Market Share Analysis
3. World Low Voltage DC Drives Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Engineering Measurements
- 2. Strategic Analysis and Market Forecasts
- 1. Market Drivers
- 2. Market Restraints
- 3. Revenue Forecasts
- 4. End-user Analysis
- 3. Market Trends
- 1. Trends by Geographic Region
- 2. Pricing Trends
- 3. Market Trends
4. World Low Voltage AC Drives Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Engineering Measurements
- 2. Strategic Analysis and Market Forecasts
- 1. Market Drivers
- 2. Market Restraints
- 3. Revenue Forecasts
- 4. End-user Analysis
- 3. Market Trends
- 1. Trends by Geographic Region
- 2. Market and Technology Trends
5. World Low Voltage Servo Drives Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Engineering Measurements
- 2. Strategic Analysis and Market Forecasts
- 1. Market Drivers
- 2. Market Restraints
- 3. Revenue Forecasts
- 4. End-user Analysis
- 3. Market Trends
- 1. Trends by Geographic Region
- 2. Pricing Trends
- 3. Market and Technology Trends
6. Appendix
- 1. Desicion Support Database
- 1. Nominal GDP
- 2. Per Capita GDP
- 3. Electricity Generation
- 4. Machine Tools Production
- 5. Pulp and Paper Mills
- 6. Crude Oil Production
List of Figures
Chapter 1
- Low Voltage Drives Market: Competitive Analysis of the Key Industry
Participants (World), 2005
- Low Voltage Drives Market: Revenue Forecasts (World), 2002-2012
Chapter 2
- Low Voltage Drives Market: Impact of Primary Industry Challenges (World),
2006-2012
- Low Voltage Drives Market: Impact of Secondary Industry Challenges
(World), 2006-2012
- Low Voltage Drives Market: Market Drives Ranked in Order of Impact
(World), 2006-2012
- Low Voltage Drives Market: Market Restraints Ranked in Order of Impact
(World), 2006-2012
- Low Voltage Drives Market: Revenues Forecasts by End-user Segments
(World), 2002-2012
- Low Voltage Drives Market: Revenue Forecasts by Geographic Regions
(World), 2002-2012
- Low Voltage Drives Market: Top Twelve Company Market Share by Revenues
(World), 2005
Chapter 3
- Low Voltage DC Drives Market: Market Drives Ranked in Order of Impact
(World), 2006-2012
- Low Voltage DC Drives Market: Market Restraints Ranked in Order of Impact
(World), 2006-2012
- Low Voltage DC Drives Market: Revenue Forecasts (World), 2002 -2012
- Low Voltage DC Drives Market: Revenue Forecasts by Geographic Region
(World), 2005
Chapter 4
- Low Voltage AC Drives Market: Market Drivers Ranked in Order of Impact
(World), 2006-2012
- Low Voltage AC Drives Market: Market Restraints Ranked in Order of Impact
(World), 2006-2012
- Low Voltage AC Drives Market: Revenue Forecasts (World), 2002-2012
- Low Voltage AC Drives Market: Revenues by End-user Segments (World), 2005
- Low Voltage AC Drives Market: Revenues by Geographic Regions (World), 2005
Chapter 5
- Low Voltage Servo Drives Market: Market Drivers Ranked in Order of Impact
(World), 2006-2012
- Low Voltage Servo Drives Market: Market Restraints Ranked in Order of
Impact (World), 2006-2012
- Low Voltage Servo Drives Market: Revenue Forecasts (World), 2002-2012
- Low Voltage Servo Drives Market: Revenues by Geographic Regions (World),
2005
