The Low Voltage Motor Drive Market – Aug 2020

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Bowen Wilder Author

Research Analyst - US

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email Bowen.wilder@interactanalysis.com

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Bowen has recently joined Interact Analysis as a Market Analyst. An Environmental Scientist with experience in residential PV systems and an avid interest in sustainability and economics. Bowen will be assisting Interact Analysis’ research directors in efforts surrounding industrial automation.

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Description

Deliverables

Methodology

What Our Customers Say

This is the third edition of our annual study covering the low voltage AC drives market. As is the case for each edition, we introduce enhancements each time around to ensure the research stays compelling and relevant to our clients.

As well as providing unparalleled in-depth market analysis, this report uncovers some really interesting future technology and market trends.

Full Description

At Interact Analysis, we conduct more primary research than any other vendor in the market. We commit to conducting in excess of 40 interviews with key stakeholders throughout the industry. It is this effort that ensures the quality and accuracy of our work. Coupled with our “tertiary-level” dataset, we provide the most accurate and detailed segmentation of the LV drives market available. Further, we believe our forecast method is the most rigorous and accurate ever produced.

Objectives:

The goal for this report is to provide the most accurate and detailed dataset evaluating the global market for low voltage motor drives. Key aspects of the final deliverables will include:

Detailed market size and forecast data for low voltage AC motor drives by form factor, performance, industry, and country. This data was compiled through extensive primary research.
To create data at the tertiary level, in effect creating the statistical equivalent of 32 regional studies.
Supplier market shares for low voltage AC motor drives by form factor and region (Americas, Rest of APAC, EMEA, Japan).
Insight into key emerging trends.

Highlights:

A double-digit collapse in 2020 due to Covid-19, but a possible rebound for some countries by 2021.
Average selling price increased in 2019.
Vendors are increasingly offering reduced functionality drives with an aim to achieve the lowest price point possible. This trend is most developed where it originated in APAC, but we are starting to see this trend make its way to parts of EMEA and the Americas.
Electronically Commutated Motors (ECMs) are being considered more commonly as substitutions to help achieve energy efficiency objectives in HVACR and high energy usage applications.
Strong growth industries like Water and Power continue to perform well while most falter asthey try to regain their footingas we enter 2021.

Infographic

Deliverables include: Excel tables and Pivot tables, PDF report and Power-BI dashboard.

PDF Report

Chapter 1 - Research Introduction & Scope
Chapter 2 - Notable Changes from Last Year’s Edition
Chapter 3 - Status of the Low Voltage Motor Drives Market as a Result of the Coronavirus Pandemic
Chapter 4 - Analysis of Deeper Market Statistics
Chapter 5 - Interesting Trends Identified During Discussions With Drives Vendors
Chapter 6 - Research Methodology

To view full table of contents and market segmentation please download the report brochure and sample pages.

Our methodology used to create the data and analysis presented in the report is likely the most extensive of any research house covering the market.

Market sizing is informed by highly detailed primary research with vendors in the market. We incentivize companies to report data to us by sharing top-level findings in return for reported data. This process is comparable to our leading competitors in the market.

What sets us apart is what happens next. We use a highly detailed proprietary manufacturing economic model (the “MIO Tracker”) to help us model how each region breaks down into its constituent regions and industries. We compare versus vendor reporting to fine-tune model parameters, to align the model with known data. We then forecast motor drive demand at the country by industry level.

“Interact Analysis provides clear perspectives on industry trends with thorough analysis and pertinent forecasts. The analysts’ comprehensive understanding of the industry is immediately apparent. Thanks to the focus on primary research, Interact Analysis’s reports provide highly valuable insights.” – ADL

“We can highly recommend collaboration with Interact Analysis as very productive and output-driven. The team at Interact Analysis consists of reliable and motivated professionals who were able to meet and exceed our expectations and deliver very good results.” – Körber Logistics

“The report from Interact Analysis goes into much greater depth and detail than other reports we have used in the past. In addition, the analyst team is very responsive and helpful whenever I have questions and support me beyond just providing a report.”- Kollmorgen