Press Release

AC Drives Market 2020 | With COVID-19 Pandemic Analysis & Future Growth Analysis By Top Key Players And Regional Forecast -2026

The global AC drives market size was USD 10.39 billion in 2018 and is projected to reach USD 15.62 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant role in conducting awareness programs about clean energy. Fortune Business Insights in a report, titled “AC Drive Market Size, Share and Global Trend Forecast till 2026” published the above information.

Request a Sample Copy for more detailed AC Drive Market Overview – https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ac-drive-market-100728

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market. Please visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/ac-drive-market-100728

Top Players Overview:

Some of the leading players operating in the global AC Drive market include;

  • ABB Ltd.
  • Siemens AG
  • Danfoss Group
  • Mitsubishi Electrical Co. Ltd.
  • Fuji Electric Holdings
  • Emerson Electric Co.
  • Hitachi Ltd.
  • Parker Hannifin Co.
  • Toshiba International Corporation Ltd.
  • Schneider Electric
  • Rockwell Automation
  • Yaskawa Electric Corporation
  • WEG S.A
  • Hiconics Drive Technology Co. Ltd.
  • Parker Hannifin Co

The rising instability in crude oil prices is expected to positively impact the growth of the AC Drive Market. Rising privatization and relaxation in the FDI norms are factors enabling growth in the market. Also, governments are heavily investing in power projects, which in turn, may fuel demand for energy and power plants across the globe.

Key Segmental Overview:

  • By Voltage
  • By Type
  • By Application
  • By End User
  • By Geography

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.

Regional Analysis:

  • North America (The USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Purchase Full Report for Exclusive AC Drive Market Growth Forecast – https://www.fortunebusinessinsights.com/checkout-page/100728

Other Exclusive Reports:

Mobile Crane Market Research Report 2021: Industry Latest News, Top Company Analysis, Research Methodology and Forecast to 2026

Automated Forklift Trucks Market Size, Share, Demand, Key Players Profiles, Future Prospects and Forecasts to 2026

Soft Services Facilities Management Market Size Research Analysis 2021 Comprehensive Insights of Manufacturers, Global Opportunities, Business Updates by Share, Growth Factors till 2026

Wireless Sensor Network Market 2021 | Trends, Growth Demand, Opportunities & Forecast To 2026

Smart Gas Meter Market Assessment 2019-2026 – Impact of COVID-19, Case Study Analysis, Key Opportunities and Major Players

Inverter Duty Motor Market Size Research Analysis 2021 Comprehensive Insights of Manufacturers, Global Opportunities, Business Updates by Share, Growth Factors till 2026

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

Related Articles

Close