Global Compact Drives Market Growth 2023-2029

Global Compact Drives Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Compact Drives Industry Forecast” looks at past sales and reviews total world Compact Drives sales in 2022, providing a comprehensive analysis by region and market sector of projected Compact Drives sales for 2023 through 2029. With Compact Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compact Drives industry.

This Insight Report provides a comprehensive analysis of the global Compact Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compact Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Compact Drives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compact Drives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compact Drives.

The global Compact Drives market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Compact Drives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Compact Drives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Compact Drives is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Compact Drives players cover ABB, Hitachi, Mitsubishi Electric, Schneider Electric USA, Eaton, ATB, Siemens, Maxon and Beckhoff, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Compact Drives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low-voltage
Medium-voltage
High--voltage

Segmentation by application
Industrial
Robotics
Logistics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Hitachi
Mitsubishi Electric
Schneider Electric USA
Eaton
ATB
Siemens
Maxon
Beckhoff
SEW‑EURODRIVE
VEM Group
TR Electronic
Ortlinghaus
ELMEQ
Yaskawa

Key Questions Addressed in this Report

What is the 10-year outlook for the global Compact Drives market?

What factors are driving Compact Drives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Compact Drives market opportunities vary by end market size?

How does Compact Drives break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.