Global DC Drive Market Growth, Size, Trends Analysis - By Voltage, By Power Rating, By End-Use Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

PUBLISHED: June 18, 2025

PAGES: 258 Pages

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Description

DC Drive Market Introduction and Overview

According to SPER market research, 'Global DC Drive Market Size- By Voltage, By Power Rating, By End-Use Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global DC Drive Market is predicted to reach 12.59 billion by 2034 with a CAGR of 8.75%.

DC drives are systems that use voltage regulation to regulate the speed of DC motors. These drives are critical for applications requiring accurate speed, torque, and direction control. The primary benefits of DC drives are accurate speed control, ease of speed reversal, and effective torque management, particularly at low speeds. DC drives also have regenerative braking, which recovers energy when braking and improves overall energy efficiency.

Restraints: The increasing use of alternating current (AC) drives is posing problems for the worldwide DC drive business. Because they are less expensive to install and maintain, AC drives are widely used in industries including manufacturing, water treatment, and HVAC. They provide cost efficiency, scalability, and ease of integration, which appeals to industries needing simpler solutions.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Voltage, By Power Rating, By End-Use Industry

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered ABB Ltd, Danfoss Group, Emerson Electric, Mitsubishi Electric, Rockwell Automation, Schneider Electric, Siemens AG.

Global DC Drive Market Segmentation:

By Voltage: Based on the Voltage, Global DC Drive Market is segmented as; Low Voltage, Medium Voltage.

By Power Rating: Based on the Power Rating, Global DC Drive Market is segmented as; Low, Medium, High.

By End-Use Industry: Based on the End-Use Industry, Global DC Drive Market is segmented as; Oil & Gas, Power Generation, Chemical & Petrochemical, Water & Wastewater, Metal & Mining, Food & Beverage, Discrete Industries.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: POAE2574

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global DC Drive Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global DC Drive Market

7. Global DC Drive Market, By Voltage (USD Million) 2021-2034

7.1. Low voltage
7.2. Medium voltage

8. Global DC Drive Market, By Power Rating (USD Million) 2021-2034

8.1. Low
8.2. Medium
8.3. High

9. Global DC Drive Market, By End-Use Industry (USD Million) 2021-2034

9.1. Oil & gas
9.2. Power generation
9.3. Chemical & petrochemical
9.4. Water & wastewater
9.5. Metal & mining
9.6. Food & beverage
9.7. Discrete industries
9.8. Others

10. Global DC Drive Market, (USD Million) 2021-2034

10.1. Global DC Drive Market Size and Market Share

11. Global DC Drive Market, By Region, (USD Million) 2021-2034

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. ABB Ltd
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Danfoss Group
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. Emerson Electric
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. Mitsubishi Electric
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. Rockwell Automation
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. Schneider Electric
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Siemens AG
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Others