Global Electric Drives Market Growth 2024-2030

The global Electric Drives market, projected to grow from USD 17.11 Billion in 2023 to USD 20.15 Billion by 2030, is expected to grow at a CAGR of X% due to advancements in industr

The global Electric Drives market size is projected to grow from US$ 17110 million in 2023 to US$ 20150 million in 2030; it is expected to grow at a CAGR of 2.4% from 2024 to 2030.

Our publisher newest research report, the “Electric Drives Industry Forecast” looks at past sales and reviews total world Electric Drives sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Drives sales for 2024 through 2030. With Electric Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Drives industry.

What's Inside a Bonafide Research`s industry report?

A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.

Download Sample


This Insight Report provides a comprehensive analysis of the global Electric Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Drives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Drives.
Market Drivers:
Rising Demand for Energy Efficiency:
Electric drives are becoming more and more popular in industrial applications due to the growing emphasis on energy efficiency and conservation. Electric drives optimize energy usage and lower operating costs, which is important for companies trying to raise their sustainability profiles.
Growth in Industrial Automation:
The ongoing trend towards industrial automation in manufacturing and production facilities is boosting the demand for electric drives. These systems are integral to automated processes, providing precise control and efficiency in various applications, including robotics, conveyors, and machine tools.
Expansion of Renewable Energy Sources:
The global shift towards renewable energy sources, such as wind and solar power, is contributing to the growth of the electric drives market. Electric drives are essential components in the conversion and control of energy generated from renewable sources, ensuring efficient power management and distribution.
Technological Advancements:
Continuous advancements in electric drive technologies, including improvements in motor design, power electronics, and control systems, are enhancing the performance, reliability, and efficiency of electric drives. Innovations such as variable frequency drives (VFDs) and servo drives are expanding their applications across various sectors.
Regulatory Support and Government Initiatives:
Government regulations and initiatives aimed at reducing carbon emissions and promoting energy efficiency are encouraging the adoption of electric drives. Incentives, subsidies, and policies that support the transition to energy-efficient technologies are further propelling market growth.
Challenges:
High Initial Costs:
The initial investment required for electric drives can be significant, particularly for small and medium-sized enterprises (SMEs). High costs associated with advanced drive systems, installation, and integration may pose a barrier to adoption for budget-constrained businesses.
Complex Integration and Technical Expertise:
Integrating electric drives into existing systems and processes can be complex and may require specialized technical expertise. Businesses may face challenges in terms of compatibility, customization, and the need for skilled personnel to manage and maintain the systems.
Supply Chain Disruptions:
Supply chain disruptions, such as those caused by geopolitical tensions, pandemics, or natural disasters, can impact the availability and cost of components required for electric drives. These disruptions may lead to delays in production and increased operational costs for manufacturers.
Maintenance and Reliability Concerns:
While electric drives are designed for high efficiency and reliability, they require regular maintenance to ensure optimal performance. Any lapses in maintenance can lead to operational downtime and increased repair costs, which can be a concern for end-users.
Trends:
Adoption of IoT and Industry 4.0:
The electric drive market is changing as a result of the amalgamation of Industry 4.0 concepts and Internet of Things (IoT) technology. IoT-enabled smart drives improve total system performance and efficiency by providing real-time monitoring, predictive maintenance, and sophisticated analytics.
Growth of Electric Vehicles (EVs):
The expanding electric vehicle market is a significant driver for the electric drives market. Electric drives are crucial components in EVs, providing the necessary power and control for vehicle operation. As the EV market grows, so does the demand for high-performance electric drives.
Energy Storage Solutions:
The development and deployment of energy storage solutions, such as batteries and supercapacitors, are complementing the use of electric drives. These storage systems provide reliable backup power and enhance the stability of energy supply in various applications, including renewable energy integration and grid management.
Increased Focus on Customization and Flexibility:
There is a growing demand for customized electric drive solutions tailored to specific applications and industry requirements. Manufacturers are focusing on developing flexible and modular drive systems that can be easily adapted and scaled to meet diverse operational needs.
Sustainability and Eco-friendly Solutions:
Sustainability is increasingly being taken into account by both consumers and enterprises. Eco-friendly solutions, such as the use of recyclable materials, energy-efficient designs, and technology that lessen the total environmental impact of their goods, are becoming more and more important to electric drive makers.
United States market for Electric Drives is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Electric Drives is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Make this report your own

Have queries/questions regarding a report

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant



Europe market for Electric Drives is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Electric Drives players cover ABB, Danfoss, Schneider Electric, Siemens and Rockwell Automation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Drives market by product type, application, key manufacturers and key regions and countries.

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Manmayi Raval


Segmentation by type

AC Drives

DC Drives

Segmentation by application

Oil and gas

Water and waste water treatment

Food and beverage

Mining

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ABB

Danfoss

Schneider Electric

Siemens

Rockwell Automation

Mitsubishi Electric

Hitachi

Fuji Electric

Yaskawa Electric

Emerson Electric

Toshiba

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Drives market?

What factors are driving Electric Drives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Drives market opportunities vary by end market size?

How does Electric Drives break out type, application?

Table of Contents

  • 1 Scope of the Report
  • 1.1 Market Introduction
  • 1.2 Years Considered
  • 1.3 Research Objectives
  • 1.4 Market Research Methodology
  • 1.5 Research Process and Data Source
  • 1.6 Economic Indicators
  • 1.7 Currency Considered
  • 1.8 Market Estimation Caveats
  • 2 Executive Summary
  • 2.1 World Market Overview
  • 2.1.1 Global Electric Drives Annual Sales 2019-2030
  • 2.1.2 World Current & Future Analysis for Electric Drives by Geographic Region, 2019, 2023 & 2030
  • 2.1.3 World Current & Future Analysis for Electric Drives by Country/Region, 2019, 2023 & 2030
  • 2.2 Electric Drives Segment by Type
  • 2.2.1 AC Drives
  • 2.2.2 DC Drives
  • 2.3 Electric Drives Sales by Type
  • 2.3.1 Global Electric Drives Sales Market Share by Type (2019-2024)
  • 2.3.2 Global Electric Drives Revenue and Market Share by Type (2019-2024)
  • 2.3.3 Global Electric Drives Sale Price by Type (2019-2024)
  • 2.4 Electric Drives Segment by Application
  • 2.4.1 Oil and gas
  • 2.4.2 Water and waste water treatment
  • 2.4.3 Food and beverage
  • 2.4.4 Mining
  • 2.5 Electric Drives Sales by Application
  • 2.5.1 Global Electric Drives Sale Market Share by Application (2019-2024)
  • 2.5.2 Global Electric Drives Revenue and Market Share by Application (2019-2024)
  • 2.5.3 Global Electric Drives Sale Price by Application (2019-2024)
  • 3 Global Electric Drives by Company
  • 3.1 Global Electric Drives Breakdown Data by Company
  • 3.1.1 Global Electric Drives Annual Sales by Company (2019-2024)
  • 3.1.2 Global Electric Drives Sales Market Share by Company (2019-2024)
  • 3.2 Global Electric Drives Annual Revenue by Company (2019-2024)
  • 3.2.1 Global Electric Drives Revenue by Company (2019-2024)
  • 3.2.2 Global Electric Drives Revenue Market Share by Company (2019-2024)
  • 3.3 Global Electric Drives Sale Price by Company
  • 3.4 Key Manufacturers Electric Drives Producing Area Distribution, Sales Area, Product Type
  • 3.4.1 Key Manufacturers Electric Drives Product Location Distribution
  • 3.4.2 Players Electric Drives Products Offered
  • 3.5 Market Concentration Rate Analysis
  • 3.5.1 Competition Landscape Analysis
  • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
  • 3.6 New Products and Potential Entrants
  • 3.7 Mergers & Acquisitions, Expansion
  • 4 World Historic Review for Electric Drives by Geographic Region
  • 4.1 World Historic Electric Drives Market Size by Geographic Region (2019-2024)
  • 4.1.1 Global Electric Drives Annual Sales by Geographic Region (2019-2024)
  • 4.1.2 Global Electric Drives Annual Revenue by Geographic Region (2019-2024)
  • 4.2 World Historic Electric Drives Market Size by Country/Region (2019-2024)
  • 4.2.1 Global Electric Drives Annual Sales by Country/Region (2019-2024)
  • 4.2.2 Global Electric Drives Annual Revenue by Country/Region (2019-2024)
  • 4.3 Americas Electric Drives Sales Growth
  • 4.4 APAC Electric Drives Sales Growth
  • 4.5 Europe Electric Drives Sales Growth
  • 4.6 Middle East & Africa Electric Drives Sales Growth
  • 5 Americas
  • 5.1 Americas Electric Drives Sales by Country
  • 5.1.1 Americas Electric Drives Sales by Country (2019-2024)
  • 5.1.2 Americas Electric Drives Revenue by Country (2019-2024)
  • 5.2 Americas Electric Drives Sales by Type
  • 5.3 Americas Electric Drives Sales by Application
  • 5.4 United States
  • 5.5 Canada
  • 5.6 Mexico
  • 5.7 Brazil
  • 6 APAC
  • 6.1 APAC Electric Drives Sales by Region
  • 6.1.1 APAC Electric Drives Sales by Region (2019-2024)
  • 6.1.2 APAC Electric Drives Revenue by Region (2019-2024)
  • 6.2 APAC Electric Drives Sales by Type
  • 6.3 APAC Electric Drives Sales by Application
  • 6.4 China
  • 6.5 Japan
  • 6.6 South Korea
  • 6.7 Southeast Asia
  • 6.8 India
  • 6.9 Australia
  • 6.10 China Taiwan
  • 7 Europe
  • 7.1 Europe Electric Drives by Country
  • 7.1.1 Europe Electric Drives Sales by Country (2019-2024)
  • 7.1.2 Europe Electric Drives Revenue by Country (2019-2024)
  • 7.2 Europe Electric Drives Sales by Type
  • 7.3 Europe Electric Drives Sales by Application
  • 7.4 Germany
  • 7.5 France
  • 7.6 UK
  • 7.7 Italy
  • 7.8 Russia
  • 8 Middle East & Africa
  • 8.1 Middle East & Africa Electric Drives by Country
  • 8.1.1 Middle East & Africa Electric Drives Sales by Country (2019-2024)
  • 8.1.2 Middle East & Africa Electric Drives Revenue by Country (2019-2024)
  • 8.2 Middle East & Africa Electric Drives Sales by Type
  • 8.3 Middle East & Africa Electric Drives Sales by Application
  • 8.4 Egypt
  • 8.5 South Africa
  • 8.6 Israel
  • 8.7 Turkey
  • 8.8 GCC Countries
  • 9 Market Drivers, Challenges and Trends
  • 9.1 Market Drivers & Growth Opportunities
  • 9.2 Market Challenges & Risks
  • 9.3 Industry Trends
  • 10 Manufacturing Cost Structure Analysis
  • 10.1 Raw Material and Suppliers
  • 10.2 Manufacturing Cost Structure Analysis of Electric Drives
  • 10.3 Manufacturing Process Analysis of Electric Drives
  • 10.4 Industry Chain Structure of Electric Drives
  • 11 Marketing, Distributors and Customer
  • 11.1 Sales Channel
  • 11.1.1 Direct Channels
  • 11.1.2 Indirect Channels
  • 11.2 Electric Drives Distributors
  • 11.3 Electric Drives Customer
  • 12 World Forecast Review for Electric Drives by Geographic Region
  • 12.1 Global Electric Drives Market Size Forecast by Region
  • 12.1.1 Global Electric Drives Forecast by Region (2025-2030)
  • 12.1.2 Global Electric Drives Annual Revenue Forecast by Region (2025-2030)
  • 12.2 Americas Forecast by Country
  • 12.3 APAC Forecast by Region
  • 12.4 Europe Forecast by Country
  • 12.5 Middle East & Africa Forecast by Country
  • 12.6 Global Electric Drives Forecast by Type
  • 12.7 Global Electric Drives Forecast by Application
  • 13 Key Players Analysis
  • 13.1 ABB
  • 13.1.1 ABB Company Information
  • 13.1.2 ABB Electric Drives Product Portfolios and Specifications
  • 13.1.3 ABB Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.1.4 ABB Main Business Overview
  • 13.1.5 ABB Latest Developments
  • 13.2 Danfoss
  • 13.2.1 Danfoss Company Information
  • 13.2.2 Danfoss Electric Drives Product Portfolios and Specifications
  • 13.2.3 Danfoss Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.2.4 Danfoss Main Business Overview
  • 13.2.5 Danfoss Latest Developments
  • 13.3 Schneider Electric
  • 13.3.1 Schneider Electric Company Information
  • 13.3.2 Schneider Electric Electric Drives Product Portfolios and Specifications
  • 13.3.3 Schneider Electric Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.3.4 Schneider Electric Main Business Overview
  • 13.3.5 Schneider Electric Latest Developments
  • 13.4 Siemens
  • 13.4.1 Siemens Company Information
  • 13.4.2 Siemens Electric Drives Product Portfolios and Specifications
  • 13.4.3 Siemens Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.4.4 Siemens Main Business Overview
  • 13.4.5 Siemens Latest Developments
  • 13.5 Rockwell Automation
  • 13.5.1 Rockwell Automation Company Information
  • 13.5.2 Rockwell Automation Electric Drives Product Portfolios and Specifications
  • 13.5.3 Rockwell Automation Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.5.4 Rockwell Automation Main Business Overview
  • 13.5.5 Rockwell Automation Latest Developments
  • 13.6 Mitsubishi Electric
  • 13.6.1 Mitsubishi Electric Company Information
  • 13.6.2 Mitsubishi Electric Electric Drives Product Portfolios and Specifications
  • 13.6.3 Mitsubishi Electric Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.6.4 Mitsubishi Electric Main Business Overview
  • 13.6.5 Mitsubishi Electric Latest Developments
  • 13.7 Hitachi
  • 13.7.1 Hitachi Company Information
  • 13.7.2 Hitachi Electric Drives Product Portfolios and Specifications
  • 13.7.3 Hitachi Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.7.4 Hitachi Main Business Overview
  • 13.7.5 Hitachi Latest Developments
  • 13.8 Fuji Electric
  • 13.8.1 Fuji Electric Company Information
  • 13.8.2 Fuji Electric Electric Drives Product Portfolios and Specifications
  • 13.8.3 Fuji Electric Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.8.4 Fuji Electric Main Business Overview
  • 13.8.5 Fuji Electric Latest Developments
  • 13.9 Yaskawa Electric
  • 13.9.1 Yaskawa Electric Company Information
  • 13.9.2 Yaskawa Electric Electric Drives Product Portfolios and Specifications
  • 13.9.3 Yaskawa Electric Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.9.4 Yaskawa Electric Main Business Overview
  • 13.9.5 Yaskawa Electric Latest Developments
  • 13.10 Emerson Electric
  • 13.10.1 Emerson Electric Company Information
  • 13.10.2 Emerson Electric Electric Drives Product Portfolios and Specifications
  • 13.10.3 Emerson Electric Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.10.4 Emerson Electric Main Business Overview
  • 13.10.5 Emerson Electric Latest Developments
  • 13.11 Toshiba
  • 13.11.1 Toshiba Company Information
  • 13.11.2 Toshiba Electric Drives Product Portfolios and Specifications
  • 13.11.3 Toshiba Electric Drives Sales, Revenue, Price and Gross Margin (2019-2024)
  • 13.11.4 Toshiba Main Business Overview
  • 13.11.5 Toshiba Latest Developments
  • 14 Research Findings and Conclusion

Table 1. Electric Drives Annual Sales CAGR by Geographic Region (2019, 2023 & 2030) & ($ millions) Table 2. Electric Drives Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions) Table 3. Major Players of AC Drives Table 4. Major Players of DC Drives Table 5. Global Electric Drives Sales by Type (2019-2024) & (K Units) Table 6. Global Electric Drives Sales Market Share by Type (2019-2024) Table 7. Global Electric Drives Revenue by Type (2019-2024) & ($ million) Table 8. Global Electric Drives Revenue Market Share by Type (2019-2024) Table 9. Global Electric Drives Sale Price by Type (2019-2024) & (USD/Unit) Table 10. Global Electric Drives Sales by Application (2019-2024) & (K Units) Table 11. Global Electric Drives Sales Market Share by Application (2019-2024) Table 12. Global Electric Drives Revenue by Application (2019-2024) Table 13. Global Electric Drives Revenue Market Share by Application (2019-2024) Table 14. Global Electric Drives Sale Price by Application (2019-2024) & (USD/Unit) Table 15. Global Electric Drives Sales by Company (2019-2024) & (K Units) Table 16. Global Electric Drives Sales Market Share by Company (2019-2024) Table 17. Global Electric Drives Revenue by Company (2019-2024) ($ Millions) Table 18. Global Electric Drives Revenue Market Share by Company (2019-2024) Table 19. Global Electric Drives Sale Price by Company (2019-2024) & (USD/Unit) Table 20. Key Manufacturers Electric Drives Producing Area Distribution and Sales Area Table 21. Players Electric Drives Products Offered Table 22. Electric Drives Concentration Ratio (CR3, CR5 and CR10) & (2019-2024) Table 23. New Products and Potential Entrants Table 24. Mergers & Acquisitions, Expansion Table 25. Global Electric Drives Sales by Geographic Region (2019-2024) & (K Units) Table 26. Global Electric Drives Sales Market Share Geographic Region (2019-2024) Table 27. Global Electric Drives Revenue by Geographic Region (2019-2024) & ($ millions) Table 28. Global Electric Drives Revenue Market Share by Geographic Region (2019-2024) Table 29. Global Electric Drives Sales by Country/Region (2019-2024) & (K Units) Table 30. Global Electric Drives Sales Market Share by Country/Region (2019-2024) Table 31. Global Electric Drives Revenue by Country/Region (2019-2024) & ($ millions) Table 32. Global Electric Drives Revenue Market Share by Country/Region (2019-2024) Table 33. Americas Electric Drives Sales by Country (2019-2024) & (K Units) Table 34. Americas Electric Drives Sales Market Share by Country (2019-2024) Table 35. Americas Electric Drives Revenue by Country (2019-2024) & ($ Millions) Table 36. Americas Electric Drives Revenue Market Share by Country (2019-2024) Table 37. Americas Electric Drives Sales by Type (2019-2024) & (K Units) Table 38. Americas Electric Drives Sales by Application (2019-2024) & (K Units) Table 39. APAC Electric Drives Sales by Region (2019-2024) & (K Units) Table 40. APAC Electric Drives Sales Market Share by Region (2019-2024) Table 41. APAC Electric Drives Revenue by Region (2019-2024) & ($ Millions) Table 42. APAC Electric Drives Revenue Market Share by Region (2019-2024) Table 43. APAC Electric Drives Sales by Type (2019-2024) & (K Units) Table 44. APAC Electric Drives Sales by Application (2019-2024) & (K Units) Table 45. Europe Electric Drives Sales by Country (2019-2024) & (K Units) Table 46. Europe Electric Drives Sales Market Share by Country (2019-2024) Table 47. Europe Electric Drives Revenue by Country (2019-2024) & ($ Millions) Table 48. Europe Electric Drives Revenue Market Share by Country (2019-2024) Table 49. Europe Electric Drives Sales by Type (2019-2024) & (K Units) Table 50. Europe Electric Drives Sales by Application (2019-2024) & (K Units) Table 51. Middle East & Africa Electric Drives Sales by Country (2019-2024) & (K Units) Table 52. Middle East & Africa Electric Drives Sales Market Share by Country (2019-2024) Table 53. Middle East & Africa Electric Drives Revenue by Country (2019-2024) & ($ Millions) Table 54. Middle East & Africa Electric Drives Revenue Market Share by Country (2019-2024) Table 55. Middle East & Africa Electric Drives Sales by Type (2019-2024) & (K Units) Table 56. Middle East & Africa Electric Drives Sales by Application (2019-2024) & (K Units) Table 57. Key Market Drivers & Growth Opportunities of Electric Drives Table 58. Key Market Challenges & Risks of Electric Drives Table 59. Key Industry Trends of Electric Drives Table 60. Electric Drives Raw Material Table 61. Key Suppliers of Raw Materials Table 62. Electric Drives Distributors List Table 63. Electric Drives Customer List Table 64. Global Electric Drives Sales Forecast by Region (2025-2030) & (K Units) Table 65. Global Electric Drives Revenue Forecast by Region (2025-2030) & ($ millions) Table 66. Americas Electric Drives Sales Forecast by Country (2025-2030) & (K Units) Table 67. Americas Electric Drives Revenue Forecast by Country (2025-2030) & ($ millions) Table 68. APAC Electric Drives Sales Forecast by Region (2025-2030) & (K Units) Table 69. APAC Electric Drives Revenue Forecast by Region (2025-2030) & ($ millions) Table 70. Europe Electric Drives Sales Forecast by Country (2025-2030) & (K Units) Table 71. Europe Electric Drives Revenue Forecast by Country (2025-2030) & ($ millions) Table 72. Middle East & Africa Electric Drives Sales Forecast by Country (2025-2030) & (K Units) Table 73. Middle East & Africa Electric Drives Revenue Forecast by Country (2025-2030) & ($ millions) Table 74. Global Electric Drives Sales Forecast by Type (2025-2030) & (K Units) Table 75. Global Electric Drives Revenue Forecast by Type (2025-2030) & ($ Millions) Table 76. Global Electric Drives Sales Forecast by Application (2025-2030) & (K Units) Table 77. Global Electric Drives Revenue Forecast by Application (2025-2030) & ($ Millions) Table 78. ABB Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 79. ABB Electric Drives Product Portfolios and Specifications Table 80. ABB Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 81. ABB Main Business Table 82. ABB Latest Developments Table 83. Danfoss Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 84. Danfoss Electric Drives Product Portfolios and Specifications Table 85. Danfoss Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 86. Danfoss Main Business Table 87. Danfoss Latest Developments Table 88. Schneider Electric Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 89. Schneider Electric Electric Drives Product Portfolios and Specifications Table 90. Schneider Electric Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 91. Schneider Electric Main Business Table 92. Schneider Electric Latest Developments Table 93. Siemens Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 94. Siemens Electric Drives Product Portfolios and Specifications Table 95. Siemens Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 96. Siemens Main Business Table 97. Siemens Latest Developments Table 98. Rockwell Automation Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 99. Rockwell Automation Electric Drives Product Portfolios and Specifications Table 100. Rockwell Automation Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 101. Rockwell Automation Main Business Table 102. Rockwell Automation Latest Developments Table 103. Mitsubishi Electric Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 104. Mitsubishi Electric Electric Drives Product Portfolios and Specifications Table 105. Mitsubishi Electric Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 106. Mitsubishi Electric Main Business Table 107. Mitsubishi Electric Latest Developments Table 108. Hitachi Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 109. Hitachi Electric Drives Product Portfolios and Specifications Table 110. Hitachi Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 111. Hitachi Main Business Table 112. Hitachi Latest Developments Table 113. Fuji Electric Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 114. Fuji Electric Electric Drives Product Portfolios and Specifications Table 115. Fuji Electric Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 116. Fuji Electric Main Business Table 117. Fuji Electric Latest Developments Table 118. Yaskawa Electric Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 119. Yaskawa Electric Electric Drives Product Portfolios and Specifications Table 120. Yaskawa Electric Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 121. Yaskawa Electric Main Business Table 122. Yaskawa Electric Latest Developments Table 123. Emerson Electric Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 124. Emerson Electric Electric Drives Product Portfolios and Specifications Table 125. Emerson Electric Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 126. Emerson Electric Main Business Table 127. Emerson Electric Latest Developments Table 128. Toshiba Basic Information, Electric Drives Manufacturing Base, Sales Area and Its Competitors Table 129. Toshiba Electric Drives Product Portfolios and Specifications Table 130. Toshiba Electric Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2019-2024) Table 131. Toshiba Main Business Table 132. Toshiba Latest Developments

Figure 1. Picture of Electric Drives Figure 2. Electric Drives Report Years Considered Figure 3. Research Objectives Figure 4. Research Methodology Figure 5. Research Process and Data Source Figure 6. Global Electric Drives Sales Growth Rate 2019-2030 (K Units) Figure 7. Global Electric Drives Revenue Growth Rate 2019-2030 ($ Millions) Figure 8. Electric Drives Sales by Region (2019, 2023 & 2030) & ($ Millions) Figure 9. Product Picture of AC Drives Figure 10. Product Picture of DC Drives Figure 11. Global Electric Drives Sales Market Share by Type in 2023 Figure 12. Global Electric Drives Revenue Market Share by Type (2019-2024) Figure 13. Electric Drives Consumed in Oil and gas Figure 14. Global Electric Drives Market: Oil and gas (2019-2024) & (K Units) Figure 15. Electric Drives Consumed in Water and waste water treatment Figure 16. Global Electric Drives Market: Water and waste water treatment (2019-2024) & (K Units) Figure 17. Electric Drives Consumed in Food and beverage Figure 18. Global Electric Drives Market: Food and beverage (2019-2024) & (K Units) Figure 19. Electric Drives Consumed in Mining Figure 20. Global Electric Drives Market: Mining (2019-2024) & (K Units) Figure 21. Global Electric Drives Sales Market Share by Application (2023) Figure 22. Global Electric Drives Revenue Market Share by Application in 2023 Figure 23. Electric Drives Sales Market by Company in 2023 (K Units) Figure 24. Global Electric Drives Sales Market Share by Company in 2023 Figure 25. Electric Drives Revenue Market by Company in 2023 ($ Million) Figure 26. Global Electric Drives Revenue Market Share by Company in 2023 Figure 27. Global Electric Drives Sales Market Share by Geographic Region (2019-2024) Figure 28. Global Electric Drives Revenue Market Share by Geographic Region in 2023 Figure 29. Americas Electric Drives Sales 2019-2024 (K Units) Figure 30. Americas Electric Drives Revenue 2019-2024 ($ Millions) Figure 31. APAC Electric Drives Sales 2019-2024 (K Units) Figure 32. APAC Electric Drives Revenue 2019-2024 ($ Millions) Figure 33. Europe Electric Drives Sales 2019-2024 (K Units) Figure 34. Europe Electric Drives Revenue 2019-2024 ($ Millions) Figure 35. Middle East & Africa Electric Drives Sales 2019-2024 (K Units) Figure 36. Middle East & Africa Electric Drives Revenue 2019-2024 ($ Millions) Figure 37. Americas Electric Drives Sales Market Share by Country in 2023 Figure 38. Americas Electric Drives Revenue Market Share by Country in 2023 Figure 39. Americas Electric Drives Sales Market Share by Type (2019-2024) Figure 40. Americas Electric Drives Sales Market Share by Application (2019-2024) Figure 41. United States Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 42. Canada Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 43. Mexico Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 44. Brazil Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 45. APAC Electric Drives Sales Market Share by Region in 2023 Figure 46. APAC Electric Drives Revenue Market Share by Regions in 2023 Figure 47. APAC Electric Drives Sales Market Share by Type (2019-2024) Figure 48. APAC Electric Drives Sales Market Share by Application (2019-2024) Figure 49. China Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 50. Japan Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 51. South Korea Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 52. Southeast Asia Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 53. India Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 54. Australia Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 55. China Taiwan Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 56. Europe Electric Drives Sales Market Share by Country in 2023 Figure 57. Europe Electric Drives Revenue Market Share by Country in 2023 Figure 58. Europe Electric Drives Sales Market Share by Type (2019-2024) Figure 59. Europe Electric Drives Sales Market Share by Application (2019-2024) Figure 60. Germany Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 61. France Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 62. UK Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 63. Italy Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 64. Russia Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 65. Middle East & Africa Electric Drives Sales Market Share by Country in 2023 Figure 66. Middle East & Africa Electric Drives Revenue Market Share by Country in 2023 Figure 67. Middle East & Africa Electric Drives Sales Market Share by Type (2019-2024) Figure 68. Middle East & Africa Electric Drives Sales Market Share by Application (2019-2024) Figure 69. Egypt Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 70. South Africa Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 71. Israel Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 72. Turkey Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 73. GCC Country Electric Drives Revenue Growth 2019-2024 ($ Millions) Figure 74. Manufacturing Cost Structure Analysis of Electric Drives in 2023 Figure 75. Manufacturing Process Analysis of Electric Drives Figure 76. Industry Chain Structure of Electric Drives Figure 77. Channels of Distribution Figure 78. Global Electric Drives Sales Market Forecast by Region (2025-2030) Figure 79. Global Electric Drives Revenue Market Share Forecast by Region (2025-2030) Figure 80. Global Electric Drives Sales Market Share Forecast by Type (2025-2030) Figure 81. Global Electric Drives Revenue Market Share Forecast by Type (2025-2030) Figure 82. Global Electric Drives Sales Market Share Forecast by Application (2025-2030) Figure 83. Global Electric Drives Revenue Market Share Forecast by Application (2025-2030)
Logo

Global Electric Drives Market Growth 2024-2030

Contact usWe are friendly and approachable, give us a call.