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From: Stephen Morrissey <stephen.morrissey@research-and-markets.com>
Date: Mon, 22 Jan 2024 18:30:55 +0000
Subject: Electric Drives: Global Strategic Business Report to 2030
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<h1 style=3D" word-break: normal; text-=
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olor: #256B9F; " =
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href=3D"https://www.researchandmarkets.com/report=
s/516886/electric_drives_global_strategic_business_report?utm_source=3D=
MC&utm_medium=3DEmail&utm_code=3Dnhngfyyny&utm_ss=3D39&utm_campaign=3D=
1927034+-+Electric+Drives%3a+Global+Strategic+Business+Report+to+2030&=
utm_exec=3Drore169mtd" =
target=3D"_blank">Electric Drives: Globa=
l Strategic Business Report to 2030</a></h1> <span=
style=3D"font-family: 'Helvetica', 'Arial', sans-serif; font-weight: =
normal; line-height: 19px; font-size: 14px; "> <sp=
an style =3D "font-family: 'Helvetica', 'Arial', sans-serif; font-weig=
ht: normal; line-height: 19px; font-size: 14px; " >Report</span><span =
style =3D "color: #F1C84F;" > | </span><span style =3D "font-family: '=
Helvetica', 'Arial', sans-serif; font-weight: normal; line-height: 19p=
x; font-size: 14px; " >January 2024</span><span style =3D "color: #F1C=
84F;" > | </span><span style =3D "font-family: 'Helvetica', 'Arial', s=
ans-serif; font-weight: normal; line-height: 19px; font-size: 14px; " =
>Region: Global</span><span style =3D "color: #F1C84F;" > | </span><sp=
an style =3D "font-family: 'Helvetica', 'Arial', sans-serif; font-weig=
ht: normal; line-height: 19px; font-size: 14px; " >406 Pages</spa=
n></span> =
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<td style=3D"padding-left:10px; vertical-align: bottom;font-family:=
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9px; font-size: 14px; "> =
</td> =
</tr>--> =
</table> <br />Dear Vince,<br /><br />The global mark=
et for Electric Drives estimated at US$23.4 Billion in the year 2022, =
is projected to reach a revised size of US$36.7 Billion by 2030, growi=
ng at a CAGR of 5.8% over the analysis period 2022-2030. AC Drives, on=
e of the segments analyzed in the report, is projected to record 5.9% =
CAGR and reach US$34.1 Billion by the end of the analysis period. Taki=
ng into account the ongoing post pandemic recovery, growth in the DC D=
rives segment is readjusted to a revised 4.1% CAGR for the next 8-year=
period.<br /><br />The Electric Drives market in the U.S. is estimate=
d at US$6.4 Billion in the year 2022. China, the world's second larges=
t economy, is forecast to reach a projected market size of US$8 Billio=
n by the year 2030 trailing a CAGR of 9.3% over the analysis period 20=
22 to 2030. Among the other noteworthy geographic markets are Japan an=
d Canada, each forecast to grow at 3.4% and 4.4% respectively over the=
2022-2030 period. Within Europe, Germany is forecast to grow at appro=
ximately 4.2% CAGR.<br /><br /><strong>Select Competitors (Total 106 F=
eatured) - </strong><br />- ABB Ltd.- Danfoss A/S- Rockwell Automation=
, Inc.- Schneider Electric SA- Siemens AG<br /><br /><strong>What's Ne=
w?</strong><br /><ul><li>Special coverage on Russia-Ukraine war; globa=
l inflation; easing of zero-Covid policy in China and its `bumpy` reop=
ening; supply chain disruptions, global trade tensions; and risk of re=
cession.</li><li>Global competitiveness and key competitor percentage =
market shares</li><li>Market presence across multiple geographies - St=
rong/Active/Niche/Trivial</li><li>Online interactive peer-to-peer coll=
aborative bespoke updates</li><li>Access to digital archives and Resea=
rch Platform</li><li>Complimentary updates for one year</li></ul>Find =
out more:<br />
<a href=3D"https://www.researchandmarkets.com/reports/516886/electric_=
drives_global_strategic_business_report?utm_source=3DMC&utm_medium=3DE=
mail&utm_code=3Dnhngfyyny&utm_ss=3D39&utm_campaign=3D1927034+-+Electri=
c+Drives%3a+Global+Strategic+Business+Report+to+2030&utm_exec=3Drore16=
9mtd">Electric Drives: Global Strategic Business Report to 2030</a><br=
/><br />Thank you for your consideration.<br /><br />Best Regards,<br=
/><br />Stephen Morrissey<br />Senior Manager =
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