Global Electric Drives Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 (Based on 2020 COVID-19 Worldwide Spread)
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The Electric Drives market is expected to grow from USD X.X million in 2021 to USD X.X million by 2027, at a CAGR of X.X% during the forecast period. The global Electric Drives market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Electric Drives market. The report focuses on well-known providers in the global Electric Drives industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the Electric Drives Industry will develop is also analyzed in detail in Chapter 1.7 of the report.
In Chapter 2.4, we analyzed industry trends in the context of COVID-19.
In Chapter 3.5, we analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.
In Chapters 6 to 10 of the report, we analyze the impact of COVID-19 on various regions and major countries.
In chapter 13.5, the impact of COVID-19 on the future development of the industry is pointed out.
A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.
Key players in the global Electric Drives market covered in Chapter 4:
Danfoss
Toshiba
Emerson Electric
Mitsubishi Electric
SEW Eurodrive
ABB
Yaskawa
Fuji Electric Holdings
Schneider Electric
Karl E. Brinkmann
Rockwell Automation
GE
Siemens
Hiconics Drive Technology
Hitachi
Beijing Leader & Harvest Electric Technologies
In Chapter 11 and 13.3, on the basis of types, the Electric Drives market from 2016 to 2027 is primarily split into:
AC drives
DC drives
In Chapter 12 and 13.4, on the basis of applications, the Electric Drives market from 2016 to 2027 covers:
Fans
Conveyors
Machine spindles
Pumps
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:
North America (Covered in Chapter 6 and 13)
United States
Canada
Mexico
Europe (Covered in Chapter 7 and 13)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8 and 13)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 9 and 13)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 10 and 13)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2021-2027
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Electric Drives Market Share by Type (2021-2027)
1.5.2 AC drives
1.5.3 DC drives
1.6 Market by Application
1.6.1 Global Electric Drives Market Share by Application (2021-2027)
1.6.2 Fans
1.6.3 Conveyors
1.6.4 Machine spindles
1.6.5 Pumps
1.6.6 Other
1.7 Electric Drives Industry Development Trends under COVID-19 Outbreak
1.7.1 Global COVID-19 Status Overview
1.7.2 Influence of COVID-19 Outbreak on Electric Drives Industry Development
2. Global Market Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
2.3 Industry News and Policies by Regions
2.3.1 Industry News
2.3.2 Industry Policies
2.4 Industry Trends Under COVID-19
3 Value Chain of Electric Drives Market
3.1 Value Chain Status
3.2 Electric Drives Manufacturing Cost Structure Analysis
3.2.1 Production Process Analysis
3.2.2 Manufacturing Cost Structure of Electric Drives
3.2.3 Labor Cost of Electric Drives
3.2.3.1 Labor Cost of Electric Drives Under COVID-19
3.3 Sales and Marketing Model Analysis
3.4 Downstream Major Customer Analysis (by Region)
3.5 Value Chain Status Under COVID-19
4 Players Profiles
4.1 Danfoss
4.1.1 Danfoss Basic Information
4.1.2 Electric Drives Product Profiles, Application and Specification
4.1.3 Danfoss Electric Drives Market Performance (2016-2021)
4.1.4 Danfoss Business Overview
4.2 Toshiba
4.2.1 Toshiba Basic Information
4.2.2 Electric Drives Product Profiles, Application and Specification
4.2.3 Toshiba Electric Drives Market Performance (2016-2021)
4.2.4 Toshiba Business Overview
4.3 Emerson Electric
4.3.1 Emerson Electric Basic Information
4.3.2 Electric Drives Product Profiles, Application and Specification
4.3.3 Emerson Electric Electric Drives Market Performance (2016-2021)
4.3.4 Emerson Electric Business Overview
4.4 Mitsubishi Electric
4.4.1 Mitsubishi Electric Basic Information
4.4.2 Electric Drives Product Profiles, Application and Specification
4.4.3 Mitsubishi Electric Electric Drives Market Performance (2016-2021)
4.4.4 Mitsubishi Electric Business Overview
4.5 SEW Eurodrive
4.5.1 SEW Eurodrive Basic Information
4.5.2 Electric Drives Product Profiles, Application and Specification
4.5.3 SEW Eurodrive Electric Drives Market Performance (2016-2021)
4.5.4 SEW Eurodrive Business Overview
4.6 ABB
4.6.1 ABB Basic Information
4.6.2 Electric Drives Product Profiles, Application and Specification
4.6.3 ABB Electric Drives Market Performance (2016-2021)
4.6.4 ABB Business Overview
4.7 Yaskawa
4.7.1 Yaskawa Basic Information
4.7.2 Electric Drives Product Profiles, Application and Specification
4.7.3 Yaskawa Electric Drives Market Performance (2016-2021)
4.7.4 Yaskawa Business Overview
4.8 Fuji Electric Holdings
4.8.1 Fuji Electric Holdings Basic Information
4.8.2 Electric Drives Product Profiles, Application and Specification
4.8.3 Fuji Electric Holdings Electric Drives Market Performance (2016-2021)
4.8.4 Fuji Electric Holdings Business Overview
4.9 Schneider Electric
4.9.1 Schneider Electric Basic Information
4.9.2 Electric Drives Product Profiles, Application and Specification
4.9.3 Schneider Electric Electric Drives Market Performance (2016-2021)
4.9.4 Schneider Electric Business Overview
4.10 Karl E. Brinkmann
4.10.1 Karl E. Brinkmann Basic Information
4.10.2 Electric Drives Product Profiles, Application and Specification
4.10.3 Karl E. Brinkmann Electric Drives Market Performance (2016-2021)
4.10.4 Karl E. Brinkmann Business Overview
4.11 Rockwell Automation
4.11.1 Rockwell Automation Basic Information
4.11.2 Electric Drives Product Profiles, Application and Specification
4.11.3 Rockwell Automation Electric Drives Market Performance (2016-2021)
4.11.4 Rockwell Automation Business Overview
4.12 GE
4.12.1 GE Basic Information
4.12.2 Electric Drives Product Profiles, Application and Specification
4.12.3 GE Electric Drives Market Performance (2016-2021)
4.12.4 GE Business Overview
4.13 Siemens
4.13.1 Siemens Basic Information
4.13.2 Electric Drives Product Profiles, Application and Specification
4.13.3 Siemens Electric Drives Market Performance (2016-2021)
4.13.4 Siemens Business Overview
4.14 Hiconics Drive Technology
4.14.1 Hiconics Drive Technology Basic Information
4.14.2 Electric Drives Product Profiles, Application and Specification
4.14.3 Hiconics Drive Technology Electric Drives Market Performance (2016-2021)
4.14.4 Hiconics Drive Technology Business Overview
4.15 Hitachi
4.15.1 Hitachi Basic Information
4.15.2 Electric Drives Product Profiles, Application and Specification
4.15.3 Hitachi Electric Drives Market Performance (2016-2021)
4.15.4 Hitachi Business Overview
4.16 Beijing Leader & Harvest Electric Technologies
4.16.1 Beijing Leader & Harvest Electric Technologies Basic Information
4.16.2 Electric Drives Product Profiles, Application and Specification
4.16.3 Beijing Leader & Harvest Electric Technologies Electric Drives Market Performance (2016-2021)
4.16.4 Beijing Leader & Harvest Electric Technologies Business Overview
5 Global Electric Drives Market Analysis by Regions
5.1 Global Electric Drives Sales, Revenue and Market Share by Regions
5.1.1 Global Electric Drives Sales by Regions (2016-2021)
5.1.2 Global Electric Drives Revenue by Regions (2016-2021)
5.2 North America Electric Drives Sales and Growth Rate (2016-2021)
5.3 Europe Electric Drives Sales and Growth Rate (2016-2021)
5.4 Asia-Pacific Electric Drives Sales and Growth Rate (2016-2021)
5.5 Middle East and Africa Electric Drives Sales and Growth Rate (2016-2021)
5.6 South America Electric Drives Sales and Growth Rate (2016-2021)
6 North America Electric Drives Market Analysis by Countries
6.1 North America Electric Drives Sales, Revenue and Market Share by Countries
6.1.1 North America Electric Drives Sales by Countries (2016-2021)
6.1.2 North America Electric Drives Revenue by Countries (2016-2021)
6.1.3 North America Electric Drives Market Under COVID-19
6.2 United States Electric Drives Sales and Growth Rate (2016-2021)
6.2.1 United States Electric Drives Market Under COVID-19
6.3 Canada Electric Drives Sales and Growth Rate (2016-2021)
6.4 Mexico Electric Drives Sales and Growth Rate (2016-2021)
7 Europe Electric Drives Market Analysis by Countries
7.1 Europe Electric Drives Sales, Revenue and Market Share by Countries
7.1.1 Europe Electric Drives Sales by Countries (2016-2021)
7.1.2 Europe Electric Drives Revenue by Countries (2016-2021)
7.1.3 Europe Electric Drives Market Under COVID-19
7.2 Germany Electric Drives Sales and Growth Rate (2016-2021)
7.2.1 Germany Electric Drives Market Under COVID-19
7.3 UK Electric Drives Sales and Growth Rate (2016-2021)
7.3.1 UK Electric Drives Market Under COVID-19
7.4 France Electric Drives Sales and Growth Rate (2016-2021)
7.4.1 France Electric Drives Market Under COVID-19
7.5 Italy Electric Drives Sales and Growth Rate (2016-2021)
7.5.1 Italy Electric Drives Market Under COVID-19
7.6 Spain Electric Drives Sales and Growth Rate (2016-2021)
7.6.1 Spain Electric Drives Market Under COVID-19
7.7 Russia Electric Drives Sales and Growth Rate (2016-2021)
7.7.1 Russia Electric Drives Market Under COVID-19
8 Asia-Pacific Electric Drives Market Analysis by Countries
8.1 Asia-Pacific Electric Drives Sales, Revenue and Market Share by Countries
8.1.1 Asia-Pacific Electric Drives Sales by Countries (2016-2021)
8.1.2 Asia-Pacific Electric Drives Revenue by Countries (2016-2021)
8.1.3 Asia-Pacific Electric Drives Market Under COVID-19
8.2 China Electric Drives Sales and Growth Rate (2016-2021)
8.2.1 China Electric Drives Market Under COVID-19
8.3 Japan Electric Drives Sales and Growth Rate (2016-2021)
8.3.1 Japan Electric Drives Market Under COVID-19
8.4 South Korea Electric Drives Sales and Growth Rate (2016-2021)
8.4.1 South Korea Electric Drives Market Under COVID-19
8.5 Australia Electric Drives Sales and Growth Rate (2016-2021)
8.6 India Electric Drives Sales and Growth Rate (2016-2021)
8.6.1 India Electric Drives Market Under COVID-19
8.7 Southeast Asia Electric Drives Sales and Growth Rate (2016-2021)
8.7.1 Southeast Asia Electric Drives Market Under COVID-19
9 Middle East and Africa Electric Drives Market Analysis by Countries
9.1 Middle East and Africa Electric Drives Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Electric Drives Sales by Countries (2016-2021)
9.1.2 Middle East and Africa Electric Drives Revenue by Countries (2016-2021)
9.1.3 Middle East and Africa Electric Drives Market Under COVID-19
9.2 Saudi Arabia Electric Drives Sales and Growth Rate (2016-2021)
9.3 UAE Electric Drives Sales and Growth Rate (2016-2021)
9.4 Egypt Electric Drives Sales and Growth Rate (2016-2021)
9.5 Nigeria Electric Drives Sales and Growth Rate (2016-2021)
9.6 South Africa Electric Drives Sales and Growth Rate (2016-2021)
10 South America Electric Drives Market Analysis by Countries
10.1 South America Electric Drives Sales, Revenue and Market Share by Countries
10.1.1 South America Electric Drives Sales by Countries (2016-2021)
10.1.2 South America Electric Drives Revenue by Countries (2016-2021)
10.1.3 South America Electric Drives Market Under COVID-19
10.2 Brazil Electric Drives Sales and Growth Rate (2016-2021)
10.2.1 Brazil Electric Drives Market Under COVID-19
10.3 Argentina Electric Drives Sales and Growth Rate (2016-2021)
10.4 Columbia Electric Drives Sales and Growth Rate (2016-2021)
10.5 Chile Electric Drives Sales and Growth Rate (2016-2021)
11 Global Electric Drives Market Segment by Types
11.1 Global Electric Drives Sales, Revenue and Market Share by Types (2016-2021)
11.1.1 Global Electric Drives Sales and Market Share by Types (2016-2021)
11.1.2 Global Electric Drives Revenue and Market Share by Types (2016-2021)
11.2 AC drives Sales and Price (2016-2021)
11.3 DC drives Sales and Price (2016-2021)
12 Global Electric Drives Market Segment by Applications
12.1 Global Electric Drives Sales, Revenue and Market Share by Applications (2016-2021)
12.1.1 Global Electric Drives Sales and Market Share by Applications (2016-2021)
12.1.2 Global Electric Drives Revenue and Market Share by Applications (2016-2021)
12.2 Fans Sales, Revenue and Growth Rate (2016-2021)
12.3 Conveyors Sales, Revenue and Growth Rate (2016-2021)
12.4 Machine spindles Sales, Revenue and Growth Rate (2016-2021)
12.5 Pumps Sales, Revenue and Growth Rate (2016-2021)
12.6 Other Sales, Revenue and Growth Rate (2016-2021)
13 Electric Drives Market Forecast by Regions (2021-2027)
13.1 Global Electric Drives Sales, Revenue and Growth Rate (2021-2027)
13.2 Electric Drives Market Forecast by Regions (2021-2027)
13.2.1 North America Electric Drives Market Forecast (2021-2027)
13.2.2 Europe Electric Drives Market Forecast (2021-2027)
13.2.3 Asia-Pacific Electric Drives Market Forecast (2021-2027)
13.2.4 Middle East and Africa Electric Drives Market Forecast (2021-2027)
13.2.5 South America Electric Drives Market Forecast (2021-2027)
13.3 Electric Drives Market Forecast by Types (2021-2027)
13.4 Electric Drives Market Forecast by Applications (2021-2027)
13.5 Electric Drives Market Forecast Under COVID-19
14 Appendix
14.1 Methodology
14.2 Research Data Source
List of Tables and Figures
Table Global Electric Drives Market Size Growth Rate by Type (2021-2027)
Figure Global Electric Drives Market Share by Type in 2020 & 2026
Figure AC drives Features
Figure DC drives Features
Table Global Electric Drives Market Size Growth by Application (2021-2027)
Figure Global Electric Drives Market Share by Application in 2020 & 2026
Figure Fans Description
Figure Conveyors Description
Figure Machine spindles Description
Figure Pumps Description
Figure Other Description
Figure Global COVID-19 Status Overview
Table Influence of COVID-19 Outbreak on Electric Drives Industry Development
Table SWOT Analysis
Figure Porter's Five Forces Analysis
Figure Global Electric Drives Market Size and Growth Rate 2016-2027
Table Industry News
Table Industry Policies
Figure Value Chain Status of Electric Drives
Figure Production Process of Electric Drives
Figure Manufacturing Cost Structure of Electric Drives
Figure Major Company Analysis (by Business Distribution Base, by Product Type)
Table Downstream Major Customer Analysis (by Region)
Table Danfoss Profile
Table Danfoss Production, Value, Price, Gross Margin 2016-2021
Table Toshiba Profile
Table Toshiba Production, Value, Price, Gross Margin 2016-2021
Table Emerson Electric Profile
Table Emerson Electric Production, Value, Price, Gross Margin 2016-2021
Table Mitsubishi Electric Profile
Table Mitsubishi Electric Production, Value, Price, Gross Margin 2016-2021
Table SEW Eurodrive Profile
Table SEW Eurodrive Production, Value, Price, Gross Margin 2016-2021
Table ABB Profile
Table ABB Production, Value, Price, Gross Margin 2016-2021
Table Yaskawa Profile
Table Yaskawa Production, Value, Price, Gross Margin 2016-2021
Table Fuji Electric Holdings Profile
Table Fuji Electric Holdings Production, Value, Price, Gross Margin 2016-2021
Table Schneider Electric Profile
Table Schneider Electric Production, Value, Price, Gross Margin 2016-2021
Table Karl E. Brinkmann Profile
Table Karl E. Brinkmann Production, Value, Price, Gross Margin 2016-2021
Table Rockwell Automation Profile
Table Rockwell Automation Production, Value, Price, Gross Margin 2016-2021
Table GE Profile
Table GE Production, Value, Price, Gross Margin 2016-2021
Table Siemens Profile
Table Siemens Production, Value, Price, Gross Margin 2016-2021
Table Hiconics Drive Technology Profile
Table Hiconics Drive Technology Production, Value, Price, Gross Margin 2016-2021
Table Hitachi Profile
Table Hitachi Production, Value, Price, Gross Margin 2016-2021
Table Beijing Leader & Harvest Electric Technologies Profile
Table Beijing Leader & Harvest Electric Technologies Production, Value, Price, Gross Margin 2016-2021
Figure Global Electric Drives Sales and Growth Rate (2016-2021)
Figure Global Electric Drives Revenue ($) and Growth (2016-2021)
Table Global Electric Drives Sales by Regions (2016-2021)
Table Global Electric Drives Sales Market Share by Regions (2016-2021)
Table Global Electric Drives Revenue ($) by Regions (2016-2021)
Table Global Electric Drives Revenue Market Share by Regions (2016-2021)
Table Global Electric Drives Revenue Market Share by Regions in 2016
Table Global Electric Drives Revenue Market Share by Regions in 2020
Figure North America Electric Drives Sales and Growth Rate (2016-2021)
Figure Europe Electric Drives Sales and Growth Rate (2016-2021)
Figure Asia-Pacific Electric Drives Sales and Growth Rate (2016-2021)
Figure Middle East and Africa Electric Drives Sales and Growth Rate (2016-2021)
Figure South America Electric Drives Sales and Growth Rate (2016-2021)
Figure North America Electric Drives Revenue ($) and Growth (2016-2021)
Table North America Electric Drives Sales by Countries (2016-2021)
Table North America Electric Drives Sales Market Share by Countries (2016-2021)
Figure North America Electric Drives Sales Market Share by Countries in 2016
Figure United States Electric Drives Sales and Growth Rate (2016-2021)
Figure Canada Electric Drives Sales and Growth Rate (2016-2021)
Figure Mexico Electric Drives Sales and Growth (2016-2021)
Figure Europe Electric Drives Revenue ($) Growth (2016-2021)
Table Europe Electric Drives Sales by Countries (2016-2021)
Table Europe Electric Drives Sales Market Share by Countries (2016-2021)
Figure Germany Electric Drives Sales and Growth Rate (2016-2021)
Figure UK Electric Drives Sales and Growth Rate (2016-2021)
Figure France Electric Drives Sales and Growth Rate (2016-2021)
Figure Italy Electric Drives Sales and Growth Rate (2016-2021)
Figure Spain Electric Drives Sales and Growth Rate (2016-2021)
Figure Russia Electric Drives Sales and Growth Rate (2016-2021)
Figure Asia-Pacific Electric Drives Revenue ($) and Growth (2016-2021)
Table Asia-Pacific Electric Drives Sales by Countries (2016-2021)
Table Asia-Pacific Electric Drives Sales Market Share by Countries (2016-2021)
Figure China Electric Drives Sales and Growth Rate (2016-2021)
Figure Japan Electric Drives Sales and Growth Rate (2016-2021)
Figure South Korea Electric Drives Sales and Growth Rate (2016-2021)
Figure Australia Electric Drives Sales and Growth Rate (2016-2021)
Figure India Electric Drives Sales and Growth Rate (2016-2021)
Figure Southeast Asia Electric Drives Sales and Growth Rate (2016-2021)
Figure Middle East and Africa Electric Drives Revenue ($) and Growth (2016-2021)
Table Middle East and Africa Electric Drives Sales by Countries (2016-2021)
Table Middle East and Africa Electric Drives Sales Market Share by Countries (2016-2021)
Figure Saudi Arabia Electric Drives Sales and Growth Rate (2016-2021)
Figure UAE Electric Drives Sales and Growth Rate (2016-2021)
Figure Egypt Electric Drives Sales and Growth Rate (2016-2021)
Figure Nigeria Electric Drives Sales and Growth Rate (2016-2021)
Figure South Africa Electric Drives Sales and Growth Rate (2016-2021)
Figure South America Electric Drives Revenue ($) and Growth (2016-2021)
Figure Brazil Electric Drives Sales and Growth Rate (2016-2021)
Figure Argentina Electric Drives Sales and Growth Rate (2016-2021)
Figure Columbia Electric Drives Sales and Growth Rate (2016-2021)
Figure Chile Electric Drives Sales and Growth Rate (2016-2021)
Table Global Electric Drives Sales by Types (2016-2021)
Table Global Electric Drives Revenue ($) by Types (2016-2021)
Figure Global AC drives Sales and Growth Rate (2016-2021)
Figure Global AC drives Price (2016-2021)
Figure Global DC drives Sales and Growth Rate (2016-2021)
Figure Global DC drives Price (2016-2021)
Table Global Electric Drives Sales by Applications (2016-2021)
Table Global Electric Drives Sales Share by Applications (2016-2021)
Figure Global Fans Sales and Growth Rate (2016-2021)
Figure Global Fans Revenue and Growth Rate (2016-2021)
Figure Global Conveyors Sales and Growth Rate (2016-2021)
Figure Global Conveyors Revenue and Growth Rate (2016-2021)
Figure Global Machine spindles Sales and Growth Rate (2016-2021)
Figure Global Machine spindles Revenue and Growth Rate (2016-2021)
Figure Global Pumps Sales and Growth Rate (2016-2021)
Figure Global Pumps Revenue and Growth Rate (2016-2021)
Figure Global Other Sales and Growth Rate (2016-2021)
Figure Global Other Revenue and Growth Rate (2016-2021)
Figure Global Electric Drives Sales and Growth Rate (2021-2027)
Figure Global Electric Drives Revenue ($) and Growth Rate (2021-2027)
Table Global Electric Drives Sales Forecast by Regions (2021-2027)
Table Global Electric Drives Revenue Forecast by Regions (2021-2027)
Figure North America Electric Drives Sales Forecast (2021-2027)
Figure North America Electric Drives Revenue Forecast (2021-2027)
Figure Europe Electric Drives Sales Forecast (2021-2027)
Figure Europe Electric Drives Revenue Forecast (2021-2027)
Figure Asia-Pacific Electric Drives Sales Forecast (2021-2027)
Figure Asia-Pacific Electric Drives Revenue Forecast (2021-2027)
Figure Middle East and Africa Electric Drives Sales Forecast (2021-2027)
Figure Middle East and Africa Electric Drives Revenue Forecast (2021-2027)
Figure South America Electric Drives Sales Forecast (2021-2027)
Figure South America Electric Drives Revenue Forecast (2021-2027)
Table Global Electric Drives Sales Forecast by Types (2021-2027)
Table Global Electric Drives Sales Market Share Forecast by Types (2021-2027)
Table Global Electric Drives Revenue Market Share Forecast by Types (2021-2027)
Table Global Electric Drives Sales Market Share Forecast by Applications (2021-2027)
Table Global Electric Drives Revenue Forecast by Applications (2021-2027)
Table Global Electric Drives Revenue Market Share Forecast by Applications (2021-2027)
Research Methodology:
Electric Drives Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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