DUBLIN, December 10, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kftqlz/global_ac_drives) has announced the addition of the "Global AC Drives Market 2015-2019" report to their offering.
The global AC drives market to grow at a CAGR of 7.54% over the period 2015-2019.
This report covers the present scenario and the growth prospects of the global AC drives market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of AC drives in end-user industries. The report includes a discussion of the key vendors operating in this market.
According to the report, the global AC drives market is fueled by a strong demand for energy-efficient products and technologies in industries. The various rules laid down by regulatory bodies, such as the use of higher energy-efficient motors, are pushing end-users to opt for technologies that optimize operations and are energy efficient.
Energy-efficient AC motors have gained significant momentum over the last decade as electricity has emerged as a key concern for various industries, especially in developing countries. Therefore, end-users use different types of industrial equipment such as motors, compressors, pumps, and fans to reduce electricity consumption and cut operational expenses.
Further, the report states that the majority of manufacturers have not invested in AC drives technology and controllers for the last four-to-five years due to a lack of knowledge about their benefits.
- Rockwell Automation
Other prominent vendors
- Beijing Leader & Harvest Electric Technologies
- Danfoss Group
- Emerson Electric
- Fuji Electric Holdings
- Hiconics Drive Technology
- Schneider Electric
- Yaskawa America
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Market Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By End-User
Part 08: Geographical Segmentation
Part 09: Key Leading Countries
Part 10: Market Drivers
Part 11: Impact Of Drivers
Part 12: Market Challenges
Part 13: Impact Of Drivers And Challenges
Part 14: Market Trends
Part 15: Vendor Landscape
Part 16: Key Vendor Analysis
Part 17: Appendix
For more information visit http://www.researchandmarkets.com/research/kftqlz/global_ac_drives
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SOURCE Research and Markets