AC Drives - High Power

The High Power AC Drives Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

High power AC drives are applied in process and discrete manufacturing industries, commercial buildings, and municipal infrastructure.  They provide speed, motion, and torque control for equipment, such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, extruders, printing machinery, and textile machines.    This research covers hardware, software, and services for the high power AC drives market, which comprises the midrange (41 kW to 200 kW), high-end (201 kW to 600 kW), and mega (>600 kW) AC drives. 

​Emerging Economies to  Witness Continuous Demand for High Power AC Drives

Emerging economies with a continuing demand for new infrastructure and their growing middle class, along with the potential for strong consumer spending, form a solid foundation for the long-term growth of the high power AC drives market.  The emerging middle class will also create additional demand for automobiles, white goods, and packaged goods in markets such as China, India, and Latin America.  This will increase capital investments in other connected industries as well, such as metals, plastic & rubber, oil & gas, and chemical.  Urbanization and population growth will boost building construction, benefiting the cement & glass industry.

High Power AC Drives Strategic Issues

In addition to providing a five-year market forecast, the high power AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Users: Cybersecurity Threats

Even though connected infrastructure is essential, end users and operators are reluctant toward the adoption of Industrial IoT.  Cybersecurity and the perceived loss of intellectual property rights are a major threat to the adoption of Industrial IoT.  Suppliers need to take cybersecurity into account and take measures to increase safety and make sure that the devices detect, analyze, and combat threats.

Strategic Issue for Suppliers: Trade Conflicts Puts a Drag on the AC Drives Market 

The US-China trade conflict has led to shifts in supply chains and insecurity in markets all over the world.  The slowdown in China, the world’s largest trading nation, has affected countries such as Germany, Japan, Australia, and Singapore that rely on China for exports.  Delayed capital spending and shifts in supply chains have slowed down the manufacturing sector in the country, affecting supplier revenues.

Strategic Issue for All Market Participants: Economic Decline Due to COVID-19  

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for high power AC drives, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the AC drives market in different industries.