KD Market Insights announces the addition of new report on Global DC drive Market to its report store. This research report presents current and future market sizing and competitive landscape of industry. It also offers in-depth analysis of market dynamics which include growth drivers, restraints, opportunity, and industry trends. This report also covers several other major insights including the macro-economic indicators and developments and product launches over the past years. While preparing the report on global DC drive market, our analysts have taken into consideration the vital factors which are likely to shape the growth of the market during the forecast period. The market research report also presents detailed analysis of five regions and more than 20+ countries.
The worldwide DC drive market has been estimated as $ 2.4 billion in 2019 . It is projected to grow to USD 4.1 billion in 2025. This will grow at an annual growth rate of 5.2 percent during the period 2021 until 2025. DC drives can also be referred to in the context of DC controllers for motor speeds. The DC drive is an electronic device utilized to control and regulate the DC motor’s speed via changes to the flow of electricity through the motor. DC drive is used to control diverse industrial processes such as assembly lines which operate at different speed for different items. Furthermore it is a DC drive will be the device used to regulate the speed of current, tension, and voltage on the Direct Current Motor (DC Motor) or DC Motor to keep the ability to transform a process in control.
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This report presents various statistical figures and tables including the market growth indicators, year-on-year (Y-o-Y) growth and compound annual growth rate (CAGR). This report offers a detailed overview of supply chain and value chain analysis of DC drive market. Furthermore, Porter’s Five Forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition are covered in the global DC drive market.
COVID-19 on Global DC drive Market
The outbreak of COVID-19 has disrupted industries all across the globe. Our analysts have measured impact of COVID-19 and presented cross comparative analysis with pre-covid forecasts. Moreover, our team is continuously monitoring the impact of COVID-19 and update report regularly with in accordance with developments. The market research report covers following key points:
- Market sizing along with qualitative insights reflecting impact of COVID-19.
- Revised market value for each countries with COVID-19 impact.
- Key measures adopted to mitigate COVID-19 impact risks
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The market is analyzed into segments and presented with respect to following sub-markets:
By Voltage Rating, By Power Rating, By End Users
In the terms of region, the global DC drive market is analyzed into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Furthermore, country market insights is covered in the report for mentioned regions. The regions coverage include:
– North America (U.S. & Canada)
– Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
– Latin America (Brazil, Mexico, and Rest of Latin America)
– Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
This study offers a separate section of competitive landscape which presents market positioning of major companies. Apart from this, the report also presents detailed company profiling of following companies:
ABB Ltd., Siemens Ag, Schneider Electric Se, Rockwell Automation, Mitsubishi Electric Corporation, Crompton Greaves Limited, Toshiba International Corporation Ltd., Danfoss Group, Parker Hannifin Co., Emerson Electric Co., American Electric Technologies Inc. and Ge Power Conversion. Other Major & Niche Players
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