The Low Voltage AC Drives Market Study provides current market analysis and five-year market and technology forecasts. The study is available in several versions, including a global version for all regions and most major countries.
Low voltage AC drives are used in process and discrete industries, commercial buildings and municipal infrastructure. They provide control of the speed, motion and torque of equipment such as fans, pumps, compressors, conveyors, ovens, centrifuges, mixers, taps, extruders, and printing and textile machines. This study covers hardware, software and services for the low voltage AC drive market, which includes micro (<5kW), low end (5-40kW), mid-range (>40-200kW), high end (>200kW -600kW) and megawatt (>600kW) power segments.
ARC Advisory Group’s low-voltage AC drive market research shows that the functional safety of AC drives 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.
In addition to the five-year market forecast, the Low Voltage AC Drives market study also provides detailed quantitative current market data and addresses the following key strategic questions.
New industrial IoT connectivity, data management and predictive analytics are driving greater value for customers. However, this connected environment also makes AC transmissions more vulnerable due to additional entry points for external attacks. Thus, the successful use of AC drive systems across the entire IIoT ecosystem requires strong cybersecurity. Some automation vendors partner with cloud service providers to provide security and offer proactive security products to monitor and manage cybersecurity risks.
AC drive products are constantly being updated with new features to meet the needs of many markets and improve their value proposition, for example due to the growing demand for smart connected products based on the Industrial Internet of Things or Industry 4.0. Smart, connected products provide the opportunity to improve operational efficiency from the factory floor to the supply chain by optimizing access to data, information and analytics.
Digitalization helps pave the way for the transition to more connected and smarter systems, thereby increasing value for end users, as the digitization of assets and the use of cloud-based architecture and predictive analytics enable end users to monitor the health and performance of assets. allowing them to predict equipment failures before they happen, minimizing unnecessary downtime that can cost millions of dollars.
As technology advances, AC drives are becoming more sophisticated and intelligent, with many new features and capabilities that help improve the productivity and efficiency of industrial automation systems. The built-in intelligence of AC drives allows them to monitor motor load and detect potential problems early. This helps prevent costly downtime and equipment damage. Another key advancement is the integration of digital inputs and outputs (I/O), which allows AC drives to integrate more devices and interface with more aspects of the system. The growing use of embedded digital instruments and sensors is also helping to improve drive performance. These tools and sensors can be used to collect data on AC drive and motor performance, which can then be used to optimize system performance. This data can also be used to troubleshoot problems and improve maintenance practices.
This in-depth study of market data is divided into two key modules: Market Growth Outlook and Competitive Analysis. Each module is further transformed into several sub-modules to meet the needs of managers, as well as marketing, sales and product development managers. All these modules and submodules can be combined into a kit or purchased separately. These modules, submodules and their use cases are briefly described below.
The ARC Market Growth Outlook service provides in-depth analysis of market opportunities, including five-year market and technology forecasts, as well as three-year historical trend lines when available. In addition to providing in-depth analysis of the market opportunities presented by each technology, the service also allows technology providers to analyze their own multi-technology markets. For example, clients can view different market scenarios by adding or removing technology markets from the analysis, giving them insight into the total available market (TAM) of the markets they serve. The table below lists the available services by market growth prospects.
This service is designed to help your organization quickly gain up-to-date insight into the market opportunities offered by your current product portfolio and analyze how your company’s market opportunities would change if you acquired or divested certain product lines. This service will also help you identify and capitalize on emerging markets, whether they are based on new technologies, geographies, vertical industries or applications. Built on proprietary market models and ARC’s field-tested primary research, the service helps product and marketing managers optimize their business plans by identifying opportunities presented by emerging trends. Over nearly four decades, ARC has built a reputation as the leading independent provider of market growth opportunity analysis, giving your business plan more weight. ARC’s Market Growth Outlook services come in many forms, depending on whether you are looking at market opportunities across different technologies, industries or regions of the world.
In addition, ARC has a long history of providing customized market opportunity reports and services to meet your specific needs. For example, you may only sell your products to certain industries and/or only one or two regions. You tell us the markets you serve, and ARC can quickly customize a report or service designed to best serve the markets you serve.
ARC offers several versions of these reports and services depending on your role in the organization. Executive Viewpoint is a high-level market capability designed to help executives quickly identify key global trends and market opportunities. In-depth market opportunity analysis provides marketing and product managers with more detailed market information on specific technologies to plan marketing and product development strategies. The table below shows more specific information included in each version.
ARC’s competitive analysis services provide in-depth competitive analysis across a variety of technologies, applications, geographies and industries. In addition to providing in-depth analysis of the market opportunities presented by each technology, the service also allows technology providers to analyze their own multi-technology markets. For example, clients can view different market scenarios by adding or removing technology markets from the analysis, giving them insight into the total available market (TAM) of the markets they serve. The table below lists the available services by market growth prospects.
The service is designed to help product and marketing managers determine their company’s market position through multiple available market views (SAMs). Built on proprietary market models and ARC’s field-tested primary research, the service helps product and marketing managers optimize their business plans by determining how a company’s market position would change if it acquired or sold a specific product line or technology. Over nearly four decades, ARC has built a reputation as the preeminent independent provider of competitive market benchmarking services that enhance the effectiveness of your business plans. ARC’s market competition services come in many forms, depending on whether you are looking at market opportunities across different technologies, industries or regions of the world.
In addition, ARC has a long history of providing customized market opportunity reports and services to meet specific client needs. For example, you may only sell your products to certain industries and/or only one or two regions. You tell us the markets you serve, and ARC can quickly customize a report or service designed to best serve the markets you serve.
ARC offers several versions of these reports and services depending on your role in the organization. Executive View is a high-level competitive market analysis designed to help executives quickly evaluate their SAM by global region, technology, or industry vertical. In-depth competitive market analysis provides marketing and product managers with more detailed information about specific technologies to plan marketing and product development strategies. The table below shows more specific information included in each version.
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Post time: Apr-09-2024