Home » Automation & Process Control » Alternate Current (AC) Drives Market

Alternate Current (AC) Drives Market Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Price: $4999

Published: | Report ID: 11922 | Report Format : PDF


AC drives offer an absolute solution to excessive dissipation of energy and increase the efficiency of machines based on AC power. Using AC drives enables enhanced process and motor control and helps increase the operational life of electric components. AC drives offer quick benefits due to high energy savings and lower operational costs, thereby reducing overall capital costs. This has led to substantial penetration of AC drives in oil and gas, automation, building, pulp and paper, food and beverage, metals and mining, cement, and other industries.

Design Element 2

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample
CTA Design Element 3

Rising industrialization, the rising need for energy-saving components, and the increasing cost of electricity are the key factors driving the AC drive market. An AC drive reduces the use of high-power mechanical drive components (such as gearboxes) and hence offers improved energy savings. AC drives ensure a reduction in starting current consumption, saving energy and protecting the motor from fluctuating voltage problems. Along with energy savings, AC drives reduce wear and tear on mechanical components, thereby decreasing the downtime required for repairs and maintenance. This encourages the industrial sector to adopt AC drives (instead of mechanical drive components), thereby aiding the market growth.

Due to rapidly growing economies and an expanding manufacturing sector in Asia Pacific, the region leads the overall AC drives market with the highest revenue growth, followed by Europe and North America. The market here is mainly driven by countries such as China, India, Japan, and South Korea, all of which have huge industrial manufacturing and processing sectors. China has emerged as one of the largest manufacturing hubs in the world, making it a prominent market for AC drives. Similarly, initiatives such as “Make in India” are further expected to push the industrial manufacturing and processing sector in India, making the country one of the most promising markets for AC drives. Further, the European Commission has set mandatory minimum efficiency standards (the Minimum Energy Performance Standard (MEPS) scheme) for industrial electric motors. As a result, Europe to forms a high-potential market for AC drives, contributing to the 2nd largest market share.

The global AC drive market is segmented on the following basis:

Voltage Type:

  • Low Voltage
  • Medium Voltage
  • High Voltage

Drive Type:

  • Reversible AC drives
  • Irreversible AC drives


  • Compressor
  • Fans
  • Pumps
  • Conveyors
  • Extruders


  • North America
  • U.S.
  • rest of North America


  • U.K.
  • Germany
  • France
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • South Asia
  • Australasia
  • Rest of Asia Pacific

Rest of the World (RoW)

  • Latin America
  • Middle East and Africa

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

The following companies have been identified as key players in the AC Drives market:

ABB Ltd., Danfoss Group Ltd., Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Rockwell Automation, Inc., Yaskawa Electric Corporation, Emerson Electric Co., Hitachi Ltd., Toshiba International Corporation Pty Ltd., Parker Hannifin Corporation, Fuji Electric Co., Ltd., Hiconics Drive Technology Co., Ltd., and several others

Frequently Asked Questions:

What is the size of Alternate Current (AC) Drives Market?

The market for Alternate Current (AC) Drives is expected to reach US$ XX Mn in 2026.

What is the Alternate Current (AC) Drives Market CAGR?

The Alternate Current (AC) Drives market is expected to see significant CAGR growth over the coming years,at XX%.

What is the Forecast period considered for Alternate Current (AC) Drives Market?

The report is forecasted from 2018-2026.

What is the base year considered for Alternate Current (AC) Drives Market?

The base year of this report is 2017.

UK Multihead Weighers Market

Report ID: 35903

Asia Pacific Modular Construction Market

Report ID: 35891

Japan Multihead Weighers Market

Report ID: 35762

Germany Multihead Weighers Market

Report ID: 35610

Hydraulic Pumps Market

Report ID: 7796

Mobile Robotics Market

Report ID: 8913

Lab Automation in Drug Discovery Market

Report ID: 32470

Europe Rotary Kiln Market

Report ID: 30782

Motorized Drive Rollers (MDR) Market

Report ID: 23506

Cryogenic Valves Market

Report ID: 22219

Smart Wine Cellar Market

Report ID: 22795

Rotary Kiln Market

Report ID: 10095

Purchase Options

Delivery Format: Excel.
Designed for the individual purchaser.
Users located at a single corporate site or regional office.
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –


+91 6232 49 3207


24/7 Research Support


– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN