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Direct current (DC) drives are used for controlling the speed of DC electric motors and are mostly used in locomotive applications as they have high power thyristors and a simple design. Technavio’s market research analyst predicts the market to grow at a steady rate of around 9% during the forecast period. The retrofitting of DC drives with application front end (AFE) technology and the adoption by process industries to regulate the DC motors are driving the growth of the DC drives market.
The high installation cost and harmonic issues with the DC drive are posing a challenge to the growth of the market. Harmonic distortion is a leading cause of frequent power quality problems. . An increase in harmonic distortion leads to high energy loss, reduced life of the equipment, circuit breaks, high power consumption, and subscription costs. Investments are being made by the leading providers in the market to lessen the impact of these distortions on drives and motors.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
Global low voltage DC drives market
Global medium voltage DC drives market
PART 07: Market segmentation by end user
Market overview
Global DC drives market for food & beverage industry
Global DC drives market for water & wastewater industry
Global DC drives market for HVAC industry
Global DC drives market for power industry
Global DC drives market for metal processing industry
Global DC drives market for textiles industry
Global DC drives market for conveyors industry
Global DC drives market for automotive industry
PART 08: Geographical segmentation
DC drives market in APAC
DC drives market in EMEA
DC drives market in Americas
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
PART 15: Key vendor analysis
ABB
Schneider Electric
Siemens
PART 16: Appendix
List of abbreviation
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