Low Voltage Drives Market Latest Trends to Set Phenomenal Growth by 2022

1
Low Voltage Drives Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2022

2
About Us

• Transparency Market Research (TMR) is a market
  intelligence company, providing North America
  business information reports and services. Our
  exclusive blend of quantitative forecasting and
  trends analysis provides forward-looking insight
  for thousands of decision-makers. We have an
  experienced team of Analysts, Researchers, and
  Consultants, who use proprietary data sources and
  various tools and techniques to gather and
  analyze information. Our business offerings
  represent the latest and the most reliable informa
  tion indispensable for businesses to sustain a
  competitive edge.
• Each TMR Syndicated Research report covers a
  different sectorsuch as pharmaceuticals,
  chemical, energy, food beverages,
  semiconductors, med-devices, consumer goods, and
  technology. These reports provide in-depth
  analysis and deep segmentation to possible micro
  levels. With a wider scope and stratified
  research methodology, our syndicated reports
  strive to serve clients and satisfy their overall
  research requirement.

3

• Global Low Voltage Drives Market Snapshot

• The prolific rise in the industrialization and
  the steady increase in the need for energy across
  the world has fueled the demand for low voltage
  drives in a number of industries, such as the
  mining, oil and gas, food and beverages,
  packaging, and automotive.
• This, as a result, is reflecting greatly on the
  global market for low voltage drives. Various
  features of low voltage drives, such as positive
  energy balance, enhanced quality and
  productivity, high safety levels, and low energy
  consumption, are also driving the growth of this
  market substantially.

View Report
Download Brochure
4
Soaring Need for Energy Ensures High Demand for
Low Voltage Drives in APEJ

• Broadly, on the regional basis, the global market
  for low voltage drives is classified into Europe,
  the Middle East and Africa (MEA), North America,
  Asia Pacific excluding Japan (APEJ), and Japan.
• The intense need for energy in APEJ has
  established the region as the leading market for
  low voltage drives across the world.
• The industrial development in various emerging
  economies in the Asia Pacific region, such as
  India and China, is leading to an increased
  demand for low-voltage motors in a number of
  industries, especially in automotive and
  electronics, which is likely to ensure the
  dominance of the APEJ market for low voltage
  drives in the years to come.

5
IE 1 and IE 2 Drives Display Stronger Demand

• Primarily, low voltage drives are available in
  five efficiency classes, that is, IE 1, IE 2, IE
  3, IE 4, and DC.
• The demand for IE 2 and IE 3 low voltage drives
  are higher than other type of products on account
  of their specific characteristics, such as
  corrosion resistance and flexible terminal box.
• Over the coming years, the demand for IE4 drives
  will also increase, owing to the less energy
  consumption offered by them.

6
Global Low Voltage Drives Market Key Player

•  Nabors Industries Ltd.,
• Halliburton Company,
• Baker HughesInc.
• Weatherford International
• Superior Energy Services

7
(No Transcript)