This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis. Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. All of these modules and sub-modules may be purchased as a bundle or separately. A brief description of these modules, sub-modules, and their use cases is included below.
The Medium Voltage AC Drives Market Research delivers current market analysis plus a five year market and technology forecast. The research is available in multiple editions including worldwide, all regions, and most major countries.
Medium voltage AC drives are applied in process and discrete manufacturing industries and provide speed, motion, and torque control for equipment such as fans, pumps, compressors, conveyors, kilns, centrifuges, mixers, hoists, cranes, and extruders. Medium voltage AC drives are predominantly higher power drives that are greater than 0.2 MW. The heavy industries such as mining, metals, electric power generation, cement & glass, water & wastewater, marine, and oil & gas widely use medium voltage AC drives. This global market research covers hardware, software, and services for the medium voltage AC drives market with the following power ranges: >0.2-0.6 MW; >0.6-3 MW; >3-7.5 MW; >7.5-10 MW; >10 MW-20 MW; and >20 MW.
Medium Voltage AC Drives: Investment in Energy Transition for Sustainability Spurs Demand
ARC Advisory Group research on the Medium Voltage AC Drives market reveals that the growing investment in energy transition-related segments, including hydrogen, compressed air energy storage, and carbon capturing & storage, are reshaping the energy landscape. These segments offer sustainable solutions for various industries and are driving the demand for medium voltage AC drives. As industries and governments continue to prioritize the reduction of carbon emissions and embrace clean energy technologies, the demand for medium voltage AC drives is expected to grow further, making them a critical component of the energy transition journey.
Medium Voltage AC Drives Strategic Issues
In addition to providing a five-year market forecast, the medium voltage AC drives market research provides detailed quantitative current market data and addresses key strategic issues as follows.
Seek Solutions to Reduce Harmonics
Medium voltage AC drives produce harmonics on the electric power supply system. These harmonics are of great concern to power regulatory authorities because if there is any deviation from the pure sine wave supply for which electrical equipment is designed, the equipment will not function as well if there is a harmonic component in the line. End users should evaluate medium voltage AC drives suppliers for techniques used to lower the harmonic impact on power lines. It is important for end users to seek medium voltage AC drives to offer low harmonic drives, which use techniques such as an active harmonic filter or the active front end to reduce harmonics.
Embrace Digitalization
Global megatrends are rapidly transforming industrial operations. To this end, digitalization presents a huge opportunity for end users and suppliers. Digitalization helps create a path for the transition toward more connected and smarter systems to drive increased end user value. For example, digitalizing the assets and use of cloud-based architecture with predictive analytics enables end users to monitor the health and performance of assets, allowing them to predict equipment failures before they happen, minimizing unnecessary shutdown that can cost millions of dollars.
Leverage Industrial Internet of Things or Industry 4.0
AC drives products are being updated with new features to fulfill many markets’ demands and increase their value proposition, such as the growing demand for smart connected products based on, for example, Industrial IoT or Industry 4.0. Smart connected products provide opportunities to increase operational efficiency from the plant floor to the supply chain by optimizing data, information, and analytics ranging.
Industrial IoT can play a major role in maintenance-related activities, such as remotely monitoring AC drives systems and initiating orders for the replacement of AC drives. While industrial operations generally have a good understanding of both reactive and preventive maintenance, Industrial IoT enhances maintenance approaches by enabling condition-based, predictive, and prescriptive maintenance. Depending on an operation, moving from preventive maintenance to predictive or prescriptive approaches provides significant savings in maintenance labor and MRO materials. With predictive and prescriptive maintenance, near-zero unplanned downtime for critical equipment can be achieved, providing huge business benefits.
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Market Competitive Analysis
ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Competitive Analysis | Use Cases | Target Role |
| Worldwide Competitive Analysis by Technology | In-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple world regions | Regional Sales Managers |
| Competitive Analysis Executive View | Strategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Worldwide Research Focus Areas
Regional Research Focus Areas
Strategic Analysis
Competitive Analysis
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market Forecasts and Histories
- Market History & Forecast by Country
- Market History & Forecast by Industry
Industry Participants
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