The global motor drive system market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for electric vehicles and increasing use of robots in various industries. The AC drive system segment is expected to dominate the global motor drive system market during the forecast period, owing to its high efficiency and low maintenance cost.
Some Of The Growth Factors Of This Market:
- Increasing demand for electric vehicles.
- Increasing demand for hybrid vehicles.
- Increasing demand for fuel-efficient vehicles.
- Rising awareness about the benefits of electric and hybrid cars.
- Government regulations.
Industry Growth Insights published a new data on “Motor Drive System Market”. The research report is titled “Motor Drive System Market research by Types (AC Drive System, DC Drive System), By Applications (Robot Technology, Automotive, Aerospace, Ship Propulsion and Steering, Industry and Mining, Other), By Players/Companies Kaman Automation, Schambmuller GmbH, Nidec Motor Corporation, Siemens AG, Rockwell Automation, Hushcraft, Hemco Power & Control Systems, Hi Performance Electric Vehicle Systems, Powersys Solutions, Danfoss, Emerson Electric, Sprint Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Drive System Market Research Report
By Type
AC Drive System, DC Drive System
By Application
Robot Technology, Automotive, Aerospace, Ship Propulsion and Steering, Industry and Mining, Other
By Companies
Kaman Automation, Schambmuller GmbH, Nidec Motor Corporation, Siemens AG, Rockwell Automation, Hushcraft, Hemco Power & Control Systems, Hi Performance Electric Vehicle Systems, Powersys Solutions, Danfoss, Emerson Electric, Sprint Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Motor Drive System Market Report Segments:
The global Motor Drive System market is segmented on the basis of:
Types
AC Drive System, DC Drive System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Robot Technology, Automotive, Aerospace, Ship Propulsion and Steering, Industry and Mining, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kaman Automation
- Schambmuller GmbH
- Nidec Motor Corporation
- Siemens AG
- Rockwell Automation
- Hushcraft
- Hemco Power & Control Systems
- Hi Performance Electric Vehicle Systems
- Powersys Solutions
- Danfoss
- Emerson Electric
- Sprint Electric
Highlights of The Motor Drive System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Drive System
- DC Drive System
- By Application:
- Robot Technology
- Automotive
- Aerospace
- Ship Propulsion and Steering
- Industry and Mining
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Motor Drive System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A motor drive system is a component of an electric vehicle that helps the vehicle move. It typically consists of a motor, gearbox, and transmission. The motor drives the wheels or propellers through a gearbox to provide motion.
Some of the key players operating in the motor drive system market are Kaman Automation, Schambmuller GmbH, Nidec Motor Corporation, Siemens AG, Rockwell Automation, Hushcraft, Hemco Power & Control Systems, Hi Performance Electric Vehicle Systems, Powersys Solutions, Danfoss, Emerson Electric, Sprint Electric.
The motor drive system market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor Drive System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Motor Drive System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Motor Drive System Market - Supply Chain
4.5. Global Motor Drive System Market Forecast
4.5.1. Motor Drive System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Drive System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Drive System Market Absolute $ Opportunity
5. Global Motor Drive System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Motor Drive System Market Size and Volume Forecast by Type
5.3.1. AC Drive System
5.3.2. DC Drive System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motor Drive System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Motor Drive System Market Size and Volume Forecast by Application
6.3.1. Robot Technology
6.3.2. Automotive
6.3.3. Aerospace
6.3.4. Ship Propulsion and Steering
6.3.5. Industry and Mining
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motor Drive System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Motor Drive System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Motor Drive System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Motor Drive System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Motor Drive System Demand Share Forecast, 2019-2026
9. North America Motor Drive System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Motor Drive System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Motor Drive System Market Size and Volume Forecast by Application
9.4.1. Robot Technology
9.4.2. Automotive
9.4.3. Aerospace
9.4.4. Ship Propulsion and Steering
9.4.5. Industry and Mining
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor Drive System Market Size and Volume Forecast by Type
9.7.1. AC Drive System
9.7.2. DC Drive System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Motor Drive System Demand Share Forecast, 2019-2026
10. Latin America Motor Drive System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Motor Drive System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Motor Drive System Market Size and Volume Forecast by Application
10.4.1. Robot Technology
10.4.2. Automotive
10.4.3. Aerospace
10.4.4. Ship Propulsion and Steering
10.4.5. Industry and Mining
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor Drive System Market Size and Volume Forecast by Type
10.7.1. AC Drive System
10.7.2. DC Drive System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Motor Drive System Demand Share Forecast, 2019-2026
11. Europe Motor Drive System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Motor Drive System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Motor Drive System Market Size and Volume Forecast by Application
11.4.1. Robot Technology
11.4.2. Automotive
11.4.3. Aerospace
11.4.4. Ship Propulsion and Steering
11.4.5. Industry and Mining
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor Drive System Market Size and Volume Forecast by Type
11.7.1. AC Drive System
11.7.2. DC Drive System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Motor Drive System Demand Share, 2019-2026
12. Asia Pacific Motor Drive System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Motor Drive System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Motor Drive System Market Size and Volume Forecast by Application
12.4.1. Robot Technology
12.4.2. Automotive
12.4.3. Aerospace
12.4.4. Ship Propulsion and Steering
12.4.5. Industry and Mining
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor Drive System Market Size and Volume Forecast by Type
12.7.1. AC Drive System
12.7.2. DC Drive System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Motor Drive System Demand Share, 2019-2026
13. Middle East & Africa Motor Drive System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Motor Drive System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Motor Drive System Market Size and Volume Forecast by Application
13.4.1. Robot Technology
13.4.2. Automotive
13.4.3. Aerospace
13.4.4. Ship Propulsion and Steering
13.4.5. Industry and Mining
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor Drive System Market Size and Volume Forecast by Type
13.7.1. AC Drive System
13.7.2. DC Drive System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Motor Drive System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motor Drive System Market: Market Share Analysis
14.2. Motor Drive System Distributors and Customers
14.3. Motor Drive System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kaman Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schambmuller GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nidec Motor Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rockwell Automation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hushcraft
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hemco Power & Control Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hi Performance Electric Vehicle Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Powersys Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Danfoss
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Emerson Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sprint Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook