DC Drive Market 2021 – 2022 | Dynamics, Manufacturer, Status, Outlook and Opportunities

DC drives are basically speed-control systems used to regulate the speed of DC motors by varying the voltage. These are thyristor-based devices that are widely used in numerous applications requiring precise speed control of DC motors. Earlier, speed control was achieved using DC generators. There are two types of DC drives, namely analog and digital. Nowadays, digital circuits are used in most of the places.

End-User/Technology
DC motors are widely employed by almost all types of industries. Therefore, DC drives are required by all types of industries on a large scale.
The speed of DC motors is directly proportional to the armature voltage and inversely proportional to the field current. Therefore, the speed of the motor is varied by increasing or decreasing the voltage. The DC drive consists of the components namely DC drive input which may be single phase or three phase, rectifier bridge, field supply unit and firing circuit.

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Market Dynamics
The market is driven primarily by the industrial demand. Among the industries, oil and gas industry provides the highest demand. Also, the attributes of DC drive being favorable on the basis of cost and maintenance gives it an advantage over other types of drives. However, the global trend is towards a gradual shift towards the AC drives. Nevertheless, DC drives will continue to remain popular due to their use in Electric vehicles.

Market Segmentation
The segmentation can be done on the basis of a myriad of factors. One aspect that can be considered is on the basis of the product, namely the low voltage and medium voltage DC drives. Another aspect that can be considered is on the basis of end-user. The different end-users are food and beverage industry, power industry, textiles industry, automotive industry and so on.

Finally, segmentation can be done on the basis of geography as the level of industry penetration in a region and the type of industry is detrimental to driving the demand for the DC drives.

Regional/Geographic Analysis
Asia Pacific is the primary market for DC drives. The major demand is fuelled by the rapid growth in terms of urbanization and industrialization. Also, apart from the industries, the DC drive is facing demand from the electric vehicle industry which is expected to show a positive growth trajectory in the Asia Pacific region due to the rising population.

Opportunities
With the increasing trend towards clean energy and eco-friendly transportation, electric vehicles are gaining much relevance. DC drives to form an integral part of the electric vehicles.

However, the industry is gradually shifting towards the AC drives. Nevertheless, DC drives have the advantage of lower cost and maintenance which it can effectively utilize to maintain its market despite the challenges.

Key Players
Some prominent players in the DC drive market are Siemens, Emerson, Schneider, Hitachi, Toshiba, ABB, Rockwell Automation, Mitsubishi, Fuji Electric and so on.

Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

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Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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