AC Adjustable Speed Drive (ASD) have become very popular variable speed control devices used in industrial, commercial and some residential applications. These devices have been available for about 20 years and have a wide range of applications ranging from single motor driven pumps, fans and compressors, to highly sophisticated multi-drive machines. They operate by varying the frequency of the AC voltage supplied to the motor using solid state electronic devices.
This report contains market size and forecasts of AC Adjustable Speed Drives in global, including the following market information:
Global AC Adjustable Speed Drives Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global AC Adjustable Speed Drives Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five AC Adjustable Speed Drives companies in 2021 (%)
The global AC Adjustable Speed Drives market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Voltage Drives Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of AC Adjustable Speed Drives include Mitsubishi Electric, Siemens, Toshiba, ABB, Schaffner, Danfoos, Yaskawa Electric, WEG and Johnson Controls, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the AC Adjustable Speed Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global AC Adjustable Speed Drives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global AC Adjustable Speed Drives Market Segment Percentages, by Type, 2021 (%)
Low Voltage Drives
Medium Voltage Drives
High Voltage Drives
Global AC Adjustable Speed Drives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global AC Adjustable Speed Drives Market Segment Percentages, by Application, 2021 (%)
Pumps
Fans
Others
Global AC Adjustable Speed Drives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global AC Adjustable Speed Drives Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies AC Adjustable Speed Drives revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies AC Adjustable Speed Drives revenues share in global market, 2021 (%)
Key companies AC Adjustable Speed Drives sales in global market, 2017-2022 (Estimated), (K Units)
Key companies AC Adjustable Speed Drives sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Electric
Siemens
Toshiba
ABB
Schaffner
Danfoos
Yaskawa Electric
WEG
Johnson Controls
Power Systems International（PSI）
Rockwell Automation
Fuji Electric
Hitachi
Eaton
Franklin Control Systems
Parker
Schneider Electric
Invertek Drives