Global Low and Medium-voltage Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Low and Medium-voltage Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source.
According to our (Global Info Research) latest study, the global Low and Medium-voltage Inverter market size was valued at US$ 12710 million in 2023 and is forecast to a readjusted size of USD 16040 million by 2030 with a CAGR of 3.4% during review period.
For the major players of Low and Medium-voltage Inverter, ABB maintained its first place in the ranking. Followed by Siemens, Danfoss, Yaskawa Electric and Rockwell Automation. The Top 5 players accounted for about 52% of the Global Low and Medium-voltage Inverter revenue market share.
In this study, the revenue market for Low and Medium-voltage Inverter was divided into five geographic regions. Europe occupied the largest revenue market share with about 29%. It is followed by China and North America. Other regions have smaller market.
Based on product type, Low-voltage Inverter type segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for about 80% share in terms of revenue.
In the applications, Hoisting Machinery, Textile Industry and Oil & Gas Industry were estimated to account for the highest market share of about 62%.
This report is a detailed and comprehensive analysis for global Low and Medium-voltage Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Low and Medium-voltage Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Low and Medium-voltage Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Low and Medium-voltage Inverter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Low and Medium-voltage Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Low and Medium-voltage Inverter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Low and Medium-voltage Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Danfoss, Yaskawa Electric, Rockwell Automation, Mitsubishi Electric, Schneider Electric, Fuji Electric, Inovance Technology, Delta Electronics, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Low and Medium-voltage Inverter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Medium-Voltage Inverter
Low-Voltage Inverter
Market segment by Application
Textile
Oil & Gas
Mining
Hoisting
Others
Major players covered
ABB
Siemens
Danfoss
Yaskawa Electric
Rockwell Automation
Mitsubishi Electric
Schneider Electric
Fuji Electric
Inovance Technology
Delta Electronics
INVT
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Low and Medium-voltage Inverter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Low and Medium-voltage Inverter, with price, sales quantity, revenue, and global market share of Low and Medium-voltage Inverter from 2019 to 2024.
Chapter 3, the Low and Medium-voltage Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Low and Medium-voltage Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Low and Medium-voltage Inverter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Low and Medium-voltage Inverter.
Chapter 14 and 15, to describe Low and Medium-voltage Inverter sales channel, distributors, customers, research findings and conclusion.