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Bowen Wilder Author
Research Analyst - US
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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.


“The LV AC drives market is a cornerstone of industry that will be deeply affected by COVID-19. However, drives are poised for positive long-term growth to aid industry in reducing cost and achieving its energy efficiency goals. With the rise in adoption of technologies, like predictive maintenance, and increasing demand in applications, such as intralogistics, we expect the drives market to remain an important and robust industry for years to come.” 

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.


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.


  • 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.

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Posted by Bowen Wilder