ARC Advisory Group’s latest low-voltage AC drive market research shows that AC drive functional safety is critical for organizations looking to optimize processes, reduce costs and improve overall efficiency. With integrated drive-based functional safety, safety functions are implemented in the machine via the drive, reducing the need for external safety components and complex wiring. These drives provide a complete solution that combines the benefits of AC drives with advanced safety features. With the growing focus on safety in industrial environments, safety-integrated AC drives have become an important part of machine automation.
“The demand for AC drives in developing countries will continue to grow as demand for infrastructure, energy efficiency and consumer products continues to increase, which will drive production. There is a growing trend towards providing integrated safety features in drives, which brings numerous benefits to various industries. The reduction in the number of control components required, design time, cabinet space and wiring time makes integrated safety features a very cost-effective option. As technology advances, integrated safety features are expected to become more ubiquitous, thereby providing increased safety, said Anju Ajaykumar, Senior Analyst and Lead Author of ARC Low Voltage AC Drive Market Research.
Apart from providing detailed data on competitive market share, the report also discusses the following key market trends:
Apart from providing specific market data and industry trends, this ARC market research also identifies and positions the leading vendors in this market and provides and summarizes their respective products. An alphabetical list of the major suppliers included in this analysis includes: ABB, Danfoss, Rockwell Automation, Schneider Electric, Siemens.
The Low Voltage AC Drives study examines current and future market performance, relevant technologies and business trends, and identifies leading technology providers. The new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling technology. The study includes competitive analysis as well as five-year market forecasts. The research segmentation includes mechanical devices by segment, industry, customer type, global region, sales channel, revenue category, voltage, drive size, configuration, distributed packaging, hardware by component, topology and total volume.
This new research is being conducted in a variety of formats to meet the specific research and budgetary requirements of different organizations. ARC Market Data Service (MDS) is an annual subscription service that provides each client with a unique online environment and all the necessary user interface applications and data sets. MDS leverages trusted ARC market intelligence using the latest analytical tools and technologies, allowing you to make better business decisions in real time. Interactive access to ARC’s qualitative analysis is displayed against the latest market data, allowing clients to develop customized market views that best suit their needs. ARC continues to provide traditional static market reports in PDF format.
ARC provides many types of market data services. The most common are market growth forecasts and competitive analysis services. These services provide detailed market analysis of one or more products or software applications. Please visit the Market Data Services page for more information about these services.
Post time: Mar-22-2024