DC Drives Market by Power Rating (250kw, 251- 500kw, <500kw), Voltage (240-600V, 240V, <600V), End-use - Global Forecast 2024-2030

DC Drives Market by Power Rating (250kw, 251- 500kw, <500kw), Voltage (240-600V, 240V, <600V), End-use - Global Forecast 2024-2030


The DC Drives Market size was estimated at USD 5.90 billion in 2023 and expected to reach USD 6.34 billion in 2024, at a CAGR 7.99% to reach USD 10.10 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the DC Drives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the DC Drives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the DC Drives Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., American Electric Technologies Inc., Ametek, Inc., Danfoss Group, Emerson Electric Co., General Electric Company, Hitachi, Ltd., Johnson Electric Holdings Limited, Mitsubishi Electric Corporation, Nidec Corporation, Parker Hannifin Corporation, Renown Electric Motors & Repair Inc., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and Toshiba International Corporation.

Market Segmentation & Coverage

This research report categorizes the DC Drives Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Power Rating
    • 250kw
    • 251- 500kw
    • <500kw
  • Voltage
    • 240-600V
    • 240V
    • <600V
  • End-use
    • Automotive
    • Building Automation
    • Chemicals & Petrochemicals
    • Food & Beverage
    • Metal & Mining
    • Oil & Gas
    • Power Generation
    • Water & Wastewater


  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom


The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the DC Drives Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the DC Drives Market?
  3. What are the technology trends and regulatory frameworks in the DC Drives Market?
  4. What is the market share of the leading vendors in the DC Drives Market?
  5. Which modes and strategic moves are suitable for entering the DC Drives Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. DC Drives Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing industrialization & urbanization and rising manufacturing plants
5.1.1.2. Reduction in operational cost savings and increasing the shelf life of electric equipment
5.1.1.3. Rising power generation activities and focus on energy-efficient systems
5.1.2. Restraints
5.1.2.1. High cost of DC technology
5.1.3. Opportunities
5.1.3.1. Investments for technological advancements in DC drives
5.1.3.2. Emergence of automation in industries and adoption of electric vehicles
5.1.4. Challenges
5.1.4.1. Performance issues of DC drives
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. DC Drives Market, by Power Rating
6.1. Introduction
6.2. 250kw
6.3. 251- 500kw
6.4.<500kw
7. DC Drives Market, by Voltage
7.1. Introduction
7.2. 240-600V
7.3. 240V
7.4.<600V
8. DC Drives Market, by End-use
8.1. Introduction
8.2. Automotive
8.3. Building Automation
8.4. Chemicals & Petrochemicals
8.5. Food & Beverage
8.6. Metal & Mining
8.7. Oil & Gas
8.8. Power Generation
8.9. Water & Wastewater
9. Americas DC Drives Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific DC Drives Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa DC Drives Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ABB Ltd.
13.1.2. American Electric Technologies Inc.
13.1.3. Ametek, Inc.
13.1.4. Danfoss Group
13.1.5. Emerson Electric Co.
13.1.6. General Electric Company
13.1.7. Hitachi, Ltd.
13.1.8. Johnson Electric Holdings Limited
13.1.9. Mitsubishi Electric Corporation
13.1.10. Nidec Corporation
13.1.11. Parker Hannifin Corporation
13.1.12. Renown Electric Motors & Repair Inc.
13.1.13. Rockwell Automation, Inc.
13.1.14. Schneider Electric SE
13.1.15. Siemens AG
13.1.16. Toshiba International Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. DC DRIVES MARKET RESEARCH PROCESS
FIGURE 2. DC DRIVES MARKET SIZE, 2023 VS 2030
FIGURE 3. DC DRIVES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. DC DRIVES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. DC DRIVES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. DC DRIVES MARKET DYNAMICS
FIGURE 7. DC DRIVES MARKET SIZE, BY POWER RATING, 2023 VS 2030 (%)
FIGURE 8. DC DRIVES MARKET SIZE, BY POWER RATING, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. DC DRIVES MARKET SIZE, BY VOLTAGE, 2023 VS 2030 (%)
FIGURE 10. DC DRIVES MARKET SIZE, BY VOLTAGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. DC DRIVES MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 12. DC DRIVES MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES DC DRIVES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES DC DRIVES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA DC DRIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. DC DRIVES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. DC DRIVES MARKET SHARE, BY KEY PLAYER, 2023

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