Global Low Voltage Drives Market - Market Size, Share &Industry Trends, Growth Analysis Report By Voltage, By Application, By Power Rating, By End–Use Industry and Forecast 2019 - 2025

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Low Voltage Drives Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. The rapid industrialization worldwide is one of the major reasons for the shoot-up of the Low Voltage Drives Market. Additionally, many features like optimum cost and space utilization, positive energy balance, enhanced quality and productivity, high safety levels and low energy consumption are acting as the major driving factors for the Market.
Geographical Overview
At global level, North America region holds the highest market share in 2019 mainly due to the increasing shift towards cleaner energy, specifically for solar and wind projects. Whereas, Asia Pacific and Europe regions are considered the fastest-growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Low Voltage Drives Market with its high population base. Key factors such as increased population of manufacturing industries are driving the Low Voltage Drives Market in Asia Pacific region.?
Segmental Overview
Low Voltage Drives Market is segmented as per below specifications -  
By Voltage:
•	Low Voltage
•	Medium Voltage
By Application:
•	Pumps
•	Fans
•	Compressor
•	Conveyors
•	Extruders
•	Other application
By Power Rating:
•	Low Power Drives (< 40 kW)
•	Medium Power Drives (41 – 200 kW)
•	High Power Drives (> 200 kW)
By End–Use Industry:
•	Oil & Gas
•	Water & wastewater
•	Power generation
•	Building Automation
•	Food & Beverage
•	Metals & Mining
•	Chemicals & Petrochemicals
•	Other industries

Competitor Analysis
Low Voltage Drives Market has presence of some of the key major players across globe which includes
•	Danfoss Group
•	Schneider Electric
•	Siemens
•	Fuji Electric
•	Emerson
•	Parker Hannifin
•	Rockwell Automation
•	Toshiba International Corporation
•	Yaskawa Electric Corporation
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  
By Geographical Locations: 
•	North America
o	U.S.
o	Canada
•	Europe
o	U.K.
o	France
o	Italy
o	Germany
o	Spain
o	Russia & CIS
o	Rest of Europe
•	Asia-Pacific
o	China 
o	India
o	Japan
o	South Korea
o	Rest of Asia Pacific 
•	Latin America
o	Brazil
o	Argentina
o	Rest of LATAM
•	Middle East & Africa
o	South Africa
o	Rest of MEA

Highlights of the report
What is Low Voltage Drives Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by Leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations