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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1880586

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PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1880586

Low Voltage AC Drive Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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Growth Factors of low voltage AC drive Market

The global low voltage AC drive market continues to expand as industries accelerate automation, energy efficiency initiatives, and process optimization. According to the latest data, the market was valued at USD 8.91 billion in 2024, supported by rising adoption across manufacturing and infrastructure sectors. The market is projected to reach USD 9.38 billion in 2025 and further grow to USD 12.14 billion by 2032, driven by increasing urbanization, growth of energy-efficient technologies, and the shift toward intelligent motor control systems.

Industry Overview

Low-voltage AC drives-also known as Variable Frequency Drives (VFDs) or Adjustable Speed Drives (ASDs)-are essential power electronic devices used to control the speed and torque of electric motors by adjusting voltage and frequency. These drives are widely deployed across industries such as HVAC, oil & gas, water treatment, chemicals, and manufacturing to ensure efficiency, reduce operational costs, and improve process automation.

Leading companies such as Danfoss, ABB, Siemens, Schneider Electric, and Fuji Electric are introducing compact, energy-efficient, and IoT-enabled drive technologies suitable for diverse industrial applications.

Market Drivers

Rising Demand from HVAC and Infrastructure Development

The HVAC industry remains one of the most significant contributors to market growth. AC drives help HVAC systems optimize motor performance and reduce energy consumption by enabling variable speed control. In July 2024, LG announced substantial investments in India's HVAC industry focused on System Air Conditioners (SACs), reflecting the market's growing inclination toward advanced, energy-efficient systems.

Infrastructure expansion, including smart grids, smart buildings, and green industrial parks, further supports industry demand. For example, in May 2025, the Government of Maharashtra launched large-scale industrial and logistics parks, increasing the need for automated systems powered by low-voltage AC drives.

Market Restraints

High Upfront Installation Costs

The initial cost of AC drives-including engineering, integration, and installation-remains a major restraint. While these systems offer long-term energy savings, SMEs in particular struggle to adopt them due to limited financial resources and high initial investment requirements.

Market Opportunities

Expansion of Renewable Energy Projects

Global renewable energy expansion is creating strong opportunities for AC drive manufacturers. AC drives are crucial for controlling motors in wind turbines, solar tracking systems, and renewable power plants. The EU's 2023 Renewable Energy Directive, aiming for a 55% reduction in greenhouse gas emissions by 2030, and India's target of 500 GW of non-fossil fuel capacity by 2030, are expected to increase the use of low-voltage AC drives in green energy infrastructure.

Key Market Trends

Shift Toward Compact, Energy-Efficient Drive Systems

Industries are moving toward compact, intelligent, and energy-efficient AC drive solutions, often integrating semiconductor innovations such as SiC and GaN components. Newer multi-axis drives, smart motor-drive systems, and sensor-based monitoring further enhance performance and reduce energy consumption. These advancements are expected to boost adoption as industries transition to Industry 4.0.

Segmentation Insights

By Voltage

The 101-350V segment is projected to dominate due to its widespread use in pumps, fans, compressors, and conveyors. The 351-700V segment is also expanding, particularly in robotics, material handling, and heavy industrial processes.

By Application

The pumps segment held the largest share in 2024, supported by increasing adoption in wastewater treatment, agriculture, HVAC, and industrial processing. AC drives significantly reduce energy consumption by matching pump speed to demand.

By End-User

The power generation segment is expected to dominate the market, as AC drives optimize motor performance in turbines, cooling systems, and compressors. Rapid growth is also seen in oil & gas and water treatment.

Regional Outlook

North America

Growth is driven by expanding automation, rising electricity consumption, and modernization of the power sector. U.S. electricity demand is expected to rise 3% to 5% by 2026, boosting drive installations.

Europe

Stringent efficiency regulations and modernization of industrial infrastructure drive adoption. Germany, Italy, and France lead market demand through strong manufacturing and sustainability initiatives.

Asia Pacific

This region dominated the market in 2024, supported by rapid industrialization and major investments. China's USD 140 billion investment in robotics and industrial technologies (2024) and India's growing manufacturing ecosystem bolster demand.

Latin America & Middle East-Africa

Growth is supported by industrial modernization, renewable projects, and expansion in oil & gas, mining, and construction sectors.

Conclusion

With the market expected to reach USD 12.14 billion by 2032, the global low voltage AC drive industry is poised for sustainable growth driven by industrial automation, renewable energy expansion, and adoption of energy-efficient motor control solutions.

Segmentation By Voltage

  • Below 100V
  • 101 to 350V
  • 351 to 700V

By Application

  • Pumps
  • Conveyers
  • Compressors
  • Electric Fan
  • Extruders
  • Others

By End-User

  • Food & Beverage
  • Oil & Gas
  • Power Generation
  • Building Automation
  • Metal & Mining
  • Water & Wastewater
  • Chemicals & Petrochemicals
  • Others

By Region

  • North America (By Voltage, By Application, By End-User, By Country)
    • U.S.
    • Canada
  • Europe (By Voltage, By Application, By End-User, By Country)
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific (By Voltage, By Application, By End-User, By Country)
    • China
    • India
    • Japan
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America (By Voltage, By Application, By End-User, By Country)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (By Voltage, By Application, By End-User, By Country)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Product Code: FBI113891

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities

4. Key Insights

  • 4.1. Key Emerging Trends - For Major Countries
  • 4.2. Latest Technological Advancement
  • 4.3. Insight on Regulatory Landscape
  • 4.4. Porters Five Forces Analysis
  • 4.5. Impact of Tariffs on the Global Low Voltage AC Drive Market

5. Global Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 5.1. Key Findings
  • 5.2. Market Analysis, Insights, and Forecast - By Voltage
    • 5.2.1. Below 100V
    • 5.2.2. 101 to 350V
    • 5.2.3. 351 to 700V
  • 5.3. Market Analysis, Insights, and Forecast - By Application
    • 5.3.1. Pumps
    • 5.3.2. Conveyers
    • 5.3.3. Compressors
    • 5.3.4. Electric Fan
    • 5.3.5. Extruders
    • 5.3.6. Others
  • 5.4. Market Analysis, Insights, and Forecast - By End-User
    • 5.4.1. Food & Beverage
    • 5.4.2. Oil & Gas
    • 5.4.3. Power Generation
    • 5.4.4. Building Automation
    • 5.4.5. Metal & Mining
    • 5.4.6. Water & Wastewater
    • 5.4.7. Chemicals & Petrochemicals
    • 5.4.8. Others
  • 5.5. Market Analysis, Insights, and Forecast - By Region
    • 5.5.1. North America
    • 5.5.2. Europe
    • 5.5.3. Asia Pacific
    • 5.5.4. Latin America
    • 5.5.5. Middle East & Africa

6. North America Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 6.1. Key Findings
  • 6.2. Market Analysis, Insights, and Forecast - By Voltage
    • 6.2.1. Below 100V
    • 6.2.2. 101 to 350V
    • 6.2.3. 351 to 700V
  • 6.3. Market Analysis, Insights, and Forecast - By Application
    • 6.3.1. Pumps
    • 6.3.2. Conveyers
    • 6.3.3. Compressors
    • 6.3.4. Electric Fan
    • 6.3.5. Extruders
    • 6.3.6. Others
  • 6.4. Market Analysis, Insights, and Forecast - By End-User
    • 6.4.1. Food & Beverage
    • 6.4.2. Oil & Gas
    • 6.4.3. Power Generation
    • 6.4.4. Building Automation
    • 6.4.5. Metal & Mining
    • 6.4.6. Water & Wastewater
    • 6.4.7. Chemicals & Petrochemicals
    • 6.4.8. Others
  • 6.5. Market Analysis, Insights and Forecast - By Country
    • 6.5.1. U.S.
    • 6.5.2. Canada

7. Europe Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 7.1. Key Findings
  • 7.2. Market Analysis, Insights, and Forecast - By Voltage
    • 7.2.1. Below 100V
    • 7.2.2. 101 to 350V
    • 7.2.3. 351 to 700V
  • 7.3. Market Analysis, Insights, and Forecast - By Application
    • 7.3.1. Pumps
    • 7.3.2. Conveyers
    • 7.3.3. Compressors
    • 7.3.4. Electric Fan
    • 7.3.5. Extruders
    • 7.3.6. Others
  • 7.4. Market Analysis, Insights, and Forecast - By End-User
    • 7.4.1. Food & Beverage
    • 7.4.2. Oil & Gas
    • 7.4.3. Power Generation
    • 7.4.4. Building Automation
    • 7.4.5. Metal & Mining
    • 7.4.6. Water & Wastewater
    • 7.4.7. Chemicals & Petrochemicals
    • 7.4.8. Others
  • 7.5. Market Analysis, Insights and Forecast - By Country
    • 7.5.1. UK
    • 7.5.2. Germany
    • 7.5.3. France
    • 7.5.4. Italy
    • 7.5.5. Spain
    • 7.5.6. Russia
    • 7.5.7. Rest of Europe

8. Asia Pacific Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 8.1. Key Findings
  • 8.2. Market Analysis, Insights, and Forecast - By Voltage
    • 8.2.1. Below 100V
    • 8.2.2. 101 to 350V
    • 8.2.3. 351 to 700V
  • 8.3. Market Analysis, Insights, and Forecast - By Application
    • 8.3.1. Pumps
    • 8.3.2. Conveyers
    • 8.3.3. Compressors
    • 8.3.4. Electric Fan
    • 8.3.5. Extruders
    • 8.3.6. Others
  • 8.4. Market Analysis, Insights, and Forecast - By End-User
    • 8.4.1. Food & Beverage
    • 8.4.2. Oil & Gas
    • 8.4.3. Power Generation
    • 8.4.4. Building Automation
    • 8.4.5. Metal & Mining
    • 8.4.6. Water & Wastewater
    • 8.4.7. Chemicals & Petrochemicals
    • 8.4.8. Others
  • 8.5. Market Analysis, Insights and Forecast - By Country
    • 8.5.1. China
    • 8.5.2. India
    • 8.5.3. Japan
    • 8.5.4. Australia
    • 8.5.5. Southeast Asia
    • 8.5.6. Rest of Asia Pacific

9. Latin America Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 9.1. Key Findings
  • 9.2. Market Analysis, Insights, and Forecast - By Voltage
    • 9.2.1. Below 100V
    • 9.2.2. 101 to 350V
    • 9.2.3. 351 to 700V
  • 9.3. Market Analysis, Insights, and Forecast - By Application
    • 9.3.1. Pumps
    • 9.3.2. Conveyers
    • 9.3.3. Compressors
    • 9.3.4. Electric Fan
    • 9.3.5. Extruders
    • 9.3.6. Others
  • 9.4. Market Analysis, Insights, and Forecast - By End-User
    • 9.4.1. Food & Beverage
    • 9.4.2. Oil & Gas
    • 9.4.3. Power Generation
    • 9.4.4. Building Automation
    • 9.4.5. Metal & Mining
    • 9.4.6. Water & Wastewater
    • 9.4.7. Chemicals & Petrochemicals
    • 9.4.8. Others
  • 9.5. Market Analysis, Insights and Forecast - By Country
    • 9.5.1. Brazil
    • 9.5.2. Mexico
    • 9.5.3. Rest of Latin America

10. Middle East & Africa Low Voltage AC Drive Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032

  • 10.1. Key Findings
  • 10.2. Market Analysis, Insights, and Forecast - By Voltage
    • 10.2.1. Below 100V
    • 10.2.2. 101 to 350V
    • 10.2.3. 351 to 700V
  • 10.3. Market Analysis, Insights, and Forecast - By Application
    • 10.3.1. Pumps
    • 10.3.2. Conveyers
    • 10.3.3. Compressors
    • 10.3.4. Electric Fan
    • 10.3.5. Extruders
    • 10.3.6. Others
  • 10.4. Market Analysis, Insights, and Forecast - By End-User
    • 10.4.1. Food & Beverage
    • 10.4.2. Oil & Gas
    • 10.4.3. Power Generation
    • 10.4.4. Building Automation
    • 10.4.5. Metal & Mining
    • 10.4.6. Water & Wastewater
    • 10.4.7. Chemicals & Petrochemicals
    • 10.4.8. Others
  • 10.5. Market Analysis, Insights and Forecast - By Country
    • 10.5.1. GCC
    • 10.5.2. South Africa
    • 10.5.3. Rest of Middle East & Africa

11. Competitive Analysis

  • 11.1. Company Market Share Analysis, 2024
  • 11.2. Company Profile
    • 11.2.1. ABB
    • 11.2.2. Business Overview
    • 11.2.3. Product and Service Offerings
    • 11.2.4. Recent Developments
    • 11.2.5. Financials (Based on Availability)

12. Similar data will be provided for the below listed companies

  • 12.1.
    • 12.1.1. Danfoss Group
    • 12.1.2. Schneider Electric
    • 12.1.3. Siemens
    • 12.1.4. Fuji Electric
    • 12.1.5. Infineon Technologies AG
    • 12.1.6. Parker Hannifin
    • 12.1.7. Rockwell Automation
    • 12.1.8. Toshiba International Corporation
    • 12.1.9. WEG
    • 12.1.10. Yaskawa Electric Corporation
Product Code: FBI113891

List of Tables

  • Table 1: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 2: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 3: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 4: Global Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Region, 2019-2032
  • Table 5: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 6: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 7: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 8: North America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 9: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 10: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 11: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 12: Europe Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 13: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 14: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 15: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 16: Asia Pacific Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 17: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 18: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 19: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 20: Latin America Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032
  • Table 21: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Voltage, 2019-2032
  • Table 22: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by Application, 2019-2032
  • Table 23: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, by End-User, 2019-2032
  • Table 24: Middle East & Africa Low Voltage AC Drives Market Revenue (USD Billion) Forecast, By Country, 2019-2032

List of Figures

  • Figure 1: Global Low Voltage AC Drive Market Revenue Breakdown (USD Billion, %), by Region, 2024 & 2032
  • Figure 2: Global Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 3: Global Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 4: Global Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 5: Global Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 6: Global Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 7: Global Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 8: Global Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 9: Global Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 10: Global Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 11: Global Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 12: Global Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 13: Global Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 14: Global Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 15: Global Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 16: Global Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 17: Global Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 18: Global Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 19: Global Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 20: Global Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 21: Global Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 22: North America Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 23: North America Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 24: North America Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 25: North America Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 26: North America Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 27: North America Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 28: North America Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 29: North America Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 30: North America Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 31: North America Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 32: North America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 33: North America Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 34: North America Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 35: North America Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 36: North America Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 37: North America Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 38: North America Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 39: North America Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 40: North America Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 41: North America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 42: Europe Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 43: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 44: Europe Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 45: Europe Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 46: Europe Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 47: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 48: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 49: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 50: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 51: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 52: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 53: Europe Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 54: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 55: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 56: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 57: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 58: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 59: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 60: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 61: Europe Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 62: Asia Pacific Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 63: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 64: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 65: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 66: Asia Pacific Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 67: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 68: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 69: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 70: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 71: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 72: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 73: Asia Pacific Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 74: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 75: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 76: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 77: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 78: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 79: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 80: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 81: Asia Pacific Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 82: Latin America Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 83: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 84: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 85: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 86: Latin America Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 87: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 88: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 89: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 90: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 91: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 92: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 93: Latin America Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 94: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 95: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 96: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 97: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 98: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 99: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 100: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 101: Latin America Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 102: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By Voltage, 2024 & 2032
  • Figure 103: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Below 100V, 2019-2032
  • Figure 104: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by 101 to 350V, 2019-2032
  • Figure 105: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by 351 to 700V, 2019-2032
  • Figure 106: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By Application, 2024 & 2032
  • Figure 107: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Pumps, 2019-2032
  • Figure 108: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Conveyers, 2019-2032
  • Figure 109: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Compressors, 2019-2032
  • Figure 110: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Electric Fan, 2019-2032
  • Figure 111: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Extruders, 2019-2032
  • Figure 112: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 113: Middle East & Africa Low Voltage AC Drive Market Value Share (%), By End-User 2024 & 2032
  • Figure 114: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Food & Beverage, 2019-2032
  • Figure 115: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Oil & Gas, 2019-2032
  • Figure 116: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Power Generation, 2019-2032
  • Figure 117: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Building Automation, 2019-2032
  • Figure 118: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Metal & Mining, 2019-2032
  • Figure 119: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Water & Wastewater, 2019-2032
  • Figure 120: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Chemicals & Petrochemicals, 2019-2032
  • Figure 121: Middle East & Africa Low Voltage AC Drive Market Forecast (USD Billion), by Others, 2019-2032
  • Figure 122: Company Market Share Analysis (%), 2024
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Manager - EMEA

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