Electric Drives Market to Grow at 7% CAGR by 2019 Says a New Research Report at ReportsnReports.com

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The Global Electric Drives Market 2015-2019 report says increased focus on renewable energy is the latest trend seen in the market. The key players in the Electric Drives market are ABB, Danfoss and Siemens.

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The Global Electric Drives Market 2015-2019 report, is a comprehensive study and a business forecast comprising all major aspects of the Global Electric Drives Market over the period of 2015-2020. The report is a thorough analysis based on market assessment under different conditions and on the inputs by the key industry players. The report starts with a brief introduction to the Electric Drives, its classification and then moves to the application scope of Electric Drives in various end-users industries. Global Electric Drives Market 2015-2019 further incorporates a systematic inclusion of various other aspects like Market Landscape, Market segmentation based on: Types of Electric Drives, end-users and geographical segmentation.

The Global Electric Drives Market 2015-2019 spreads across 68 pages and provides 32 Exhibits. Browse the complete report at http://www.reportsnreports.com/reports/403375-global-electric-drives-market-2015-2019.html. The analysts forecast global electric drives market to grow at a CAGR of 7.63% over the period 2014-2019.

The next few sections of the report articulate the Market growth drivers, Market Challenges and the current market trends. This section is followed by a key vendor analysis of the industry giants like: ABB, Danfoss and Siemens including the following sections for each company:

  •     Key Facts
  •     Business Description
  •     Business Segmentation
  •     Revenue by Business Segmentation
  •     Revenue Comparison by Business Segmentation 2012 and 2013
  •     Sales by Geography
  •     Business Strategy
  •     Recent Developments
  •     SWOT Analysis

This section will provide a complete overview of these industry giants, right from the product specification to the current business approach of the company. This section will make available the current market scenario from the key-vendor’s standpoint.

Some of the other prominent players of Electric Drives Market are: Beijing Leader & Harvest Electric Technologies, Emerson Electric, Fuji Electric Holdings, GE, Hiconics Drive Technology, Hitachi, Karl E. Brinkmann, Mitsubishi Electric, Rockwell Automation, Schneider Electric, SEW Eurodrive, Toshiba and Yaskawa.

Purchase a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=403375.

The prominent vendors of Electric Drives have a significant influence on the current market scenario as they are under constant R&D for proficient production techniques to catch-up with the constantly increasing demand of Electric Drives in various end-users industries. The Electrical drives are broadly classified under two categories:

(A)    AC Drivers – Used to control AC operated electric motors
(B)    DC Drivers – Used to control AC operated electric motors

These both kinds of Electric Drives are used widely in various end-user companies for regulating and operating fans, conveyors-belts, machine spindles, and pumps etc. The latest scope of Electric Drive’s application is being seen in the production of equipment used in the renewable energy industry, forcing the existing players to develop more energy efficient AC and DC motors.

As per the report, the reduction of the operational cost and energy-efficiency are the major factor that has driven the end user companies to go for various advanced Electric drives and equipment. Energy loss is also an important aspect that has enforced the demand of Electric Drives in the end-user companies. The global electric drives market is projected to grow at a CAGR of 7.63% in the span-period of 2014-2019. Also, the report states that the rise of APAC is the major market for electric drives and is likely to affect the vendors in the EMEA and the U.S.

Upon completion the Global Electric Drives Market 2015-2019 provides an in-depth understanding of the complete Global Electric Drives Market and industry. The report is structured to collectively combine the primary and secondary sources of information, along with the inputs from key vendors of the Global Electric Drives Market.     

Explore Other New Reports by Infiniti Research at http://www.reportsnreports.com/publisher/infiniti-research-limited/.

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Ritesh Tiwari
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