AC Drives Market in the US 2014-2018: Key Vendors are ABB, Mitsubishi Electrical, Rockwell Automation and Siemens
DUBLIN, Nov. 13, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "AC Drives Market in the US 2014-2018" report to their offering.
http://photos.prnewswire.com/prnh/20130307/600769
Demand for end-to-end systems is one of the major emerging trends in this market. End-users prefer complete end-to-end systems over standalone products, which lead to an increase in the demand for end-to-end systems. Several end-users are adopting application-specific drives, which provide more energy efficiency than general drives. The overall market is expected to grow at a CAGR of 5.03 percent during the period 2013-2018.
According to the report, one of the key drivers of the AC Drives market in the US is the increase in demand for AC compact drives. The low cost and wide application for low-voltage powered devices has increased the demand for these compact drives.
Further, the report states that one of the major challenges in the market is the continuous decline in vendors' profit margins. An increase in the cost of raw materials and a decline in the price of drives are leading to a decline in the profit margins of vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
Companies Mentioned:
- ABB
- Mitsubishi Electrical
- Rockwell Automation
- Siemens
- Beijing Leader & Harvest Electric Technologies
- Danfoss Group
- Emerson Electric
- Fuji Electric Holdings
- Hiconics Drive Technology
- Hitachi
- Schneider Electric
- Toshiba
- Yaskawa America
For more information visit http://www.researchandmarkets.com/research/p5vgsl/ac_drives_market
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
Share this article