Home Automotive and Transportation Electric Drives Market Share,Segmentations & Growth Graph by 2032

Electric Drives Market Size, Share & Trends Analysis Report By Product Type (AC, DC), By Sales Channel (Direct, Indirect), By Voltage (Low, Medium), By App (F&B, Metal and Mining, Chemicals, Oil and Gas, Power Generation, Packaging, Cement, Textile, Water and Wastewater, Paper and Pulp, Rubber and Plastic, Forestry and Woodwork, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Report Code: SRAT54878DR
Last Updated : Aug 05, 2024
Author : Straits Research
Starting From
USD 1850
Buy Now

Market Segmentation

  1. Electric Drives Market, By Product Type (2020-2032)
    1. AC 
    2. DC 
  2. Electric Drives Market, By Sales Channel (2020-2032)
    1. Direct 
    2. Indirect
  3. Electric Drives Market, By Voltage (2020-2032)
    1. Low
    2. Medium
  4. Electric Drives Market, By App (2020-2032)
    1. F&B
    2. Metal and Mining 
    3. Chemicals
    4. Oil and Gas
    5. Power Generation
    6. Packaging
    7. Cement
    8. Textile 
    9. Water and Wastewater
    10. Paper and Pulp
    11. Rubber and Plastic
    12. Forestry and Woodwork
    13. Others
    1. North America
      1. North America Electric Drives Market, By Product Type
        1. AC 
          1. DC 
          2. North America Electric Drives Market, By Sales Channel
            1. Direct 
              1. Indirect
              2. North America Electric Drives Market, By Voltage
                1. Low
                  1. Medium
                  2. North America Electric Drives Market, By App
                    1. F&B
                      1. Metal and Mining 
                        1. Chemicals
                          1. Oil and Gas
                            1. Power Generation
                              1. Packaging
                                1. Cement
                                  1. Textile 
                                    1. Water and Wastewater
                                      1. Paper and Pulp
                                        1. Rubber and Plastic
                                          1. Forestry and Woodwork
                                            1. Others
                                            2. U.S.
                                              1. U.S. Electric Drives Market, By Product Type
                                                1. AC 
                                                  1. DC 
                                                  2. U.S. Electric Drives Market, By Sales Channel
                                                    1. Direct 
                                                      1. Indirect
                                                      2. U.S. Electric Drives Market, By Voltage
                                                        1. Low
                                                          1. Medium
                                                          2. U.S. Electric Drives Market, By App
                                                            1. F&B
                                                              1. Metal and Mining 
                                                                1. Chemicals
                                                                  1. Oil and Gas
                                                                    1. Power Generation
                                                                      1. Packaging
                                                                        1. Cement
                                                                          1. Textile 
                                                                            1. Water and Wastewater
                                                                              1. Paper and Pulp
                                                                                1. Rubber and Plastic
                                                                                  1. Forestry and Woodwork
                                                                                    1. Others
                                                                                  2. Canada
                                                                                2. Europe
                                                                                  1. Europe Electric Drives Market, By Product Type
                                                                                    1. AC 
                                                                                      1. DC 
                                                                                      2. Europe Electric Drives Market, By Sales Channel
                                                                                        1. Direct 
                                                                                          1. Indirect
                                                                                          2. Europe Electric Drives Market, By Voltage
                                                                                            1. Low
                                                                                              1. Medium
                                                                                              2. Europe Electric Drives Market, By App
                                                                                                1. F&B
                                                                                                  1. Metal and Mining 
                                                                                                    1. Chemicals
                                                                                                      1. Oil and Gas
                                                                                                        1. Power Generation
                                                                                                          1. Packaging
                                                                                                            1. Cement
                                                                                                              1. Textile 
                                                                                                                1. Water and Wastewater
                                                                                                                  1. Paper and Pulp
                                                                                                                    1. Rubber and Plastic
                                                                                                                      1. Forestry and Woodwork
                                                                                                                        1. Others
                                                                                                                        2. U.K.
                                                                                                                          1. U.K. Electric Drives Market, By Product Type
                                                                                                                            1. AC 
                                                                                                                              1. DC 
                                                                                                                              2. U.K. Electric Drives Market, By Sales Channel
                                                                                                                                1. Direct 
                                                                                                                                  1. Indirect
                                                                                                                                  2. U.K. Electric Drives Market, By Voltage
                                                                                                                                    1. Low
                                                                                                                                      1. Medium
                                                                                                                                      2. U.K. Electric Drives Market, By App
                                                                                                                                        1. F&B
                                                                                                                                          1. Metal and Mining 
                                                                                                                                            1. Chemicals
                                                                                                                                              1. Oil and Gas
                                                                                                                                                1. Power Generation
                                                                                                                                                  1. Packaging
                                                                                                                                                    1. Cement
                                                                                                                                                      1. Textile 
                                                                                                                                                        1. Water and Wastewater
                                                                                                                                                          1. Paper and Pulp
                                                                                                                                                            1. Rubber and Plastic
                                                                                                                                                              1. Forestry and Woodwork
                                                                                                                                                                1. Others
                                                                                                                                                              2. Germany
                                                                                                                                                              3. France
                                                                                                                                                              4. Spain
                                                                                                                                                              5. Italy
                                                                                                                                                              6. Russia
                                                                                                                                                              7. Nordic
                                                                                                                                                              8. Benelux
                                                                                                                                                              9. Rest of Europe
                                                                                                                                                            2. APAC
                                                                                                                                                              1. APAC Electric Drives Market, By Product Type
                                                                                                                                                                1. AC 
                                                                                                                                                                  1. DC 
                                                                                                                                                                  2. APAC Electric Drives Market, By Sales Channel
                                                                                                                                                                    1. Direct 
                                                                                                                                                                      1. Indirect
                                                                                                                                                                      2. APAC Electric Drives Market, By Voltage
                                                                                                                                                                        1. Low
                                                                                                                                                                          1. Medium
                                                                                                                                                                          2. APAC Electric Drives Market, By App
                                                                                                                                                                            1. F&B
                                                                                                                                                                              1. Metal and Mining 
                                                                                                                                                                                1. Chemicals
                                                                                                                                                                                  1. Oil and Gas
                                                                                                                                                                                    1. Power Generation
                                                                                                                                                                                      1. Packaging
                                                                                                                                                                                        1. Cement
                                                                                                                                                                                          1. Textile 
                                                                                                                                                                                            1. Water and Wastewater
                                                                                                                                                                                              1. Paper and Pulp
                                                                                                                                                                                                1. Rubber and Plastic
                                                                                                                                                                                                  1. Forestry and Woodwork
                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                    2. China
                                                                                                                                                                                                      1. China Electric Drives Market, By Product Type
                                                                                                                                                                                                        1. AC 
                                                                                                                                                                                                          1. DC 
                                                                                                                                                                                                          2. China Electric Drives Market, By Sales Channel
                                                                                                                                                                                                            1. Direct 
                                                                                                                                                                                                              1. Indirect
                                                                                                                                                                                                              2. China Electric Drives Market, By Voltage
                                                                                                                                                                                                                1. Low
                                                                                                                                                                                                                  1. Medium
                                                                                                                                                                                                                  2. China Electric Drives Market, By App
                                                                                                                                                                                                                    1. F&B
                                                                                                                                                                                                                      1. Metal and Mining 
                                                                                                                                                                                                                        1. Chemicals
                                                                                                                                                                                                                          1. Oil and Gas
                                                                                                                                                                                                                            1. Power Generation
                                                                                                                                                                                                                              1. Packaging
                                                                                                                                                                                                                                1. Cement
                                                                                                                                                                                                                                  1. Textile 
                                                                                                                                                                                                                                    1. Water and Wastewater
                                                                                                                                                                                                                                      1. Paper and Pulp
                                                                                                                                                                                                                                        1. Rubber and Plastic
                                                                                                                                                                                                                                          1. Forestry and Woodwork
                                                                                                                                                                                                                                            1. Others
                                                                                                                                                                                                                                          2. Korea
                                                                                                                                                                                                                                          3. Japan
                                                                                                                                                                                                                                          4. India
                                                                                                                                                                                                                                          5. Australia
                                                                                                                                                                                                                                          6. Singapore
                                                                                                                                                                                                                                          7. Taiwan
                                                                                                                                                                                                                                          8. South East Asia
                                                                                                                                                                                                                                          9. Rest of Asia-Pacific
                                                                                                                                                                                                                                        2. Middle East and Africa
                                                                                                                                                                                                                                          1. Middle East and Africa Electric Drives Market, By Product Type
                                                                                                                                                                                                                                            1. AC 
                                                                                                                                                                                                                                              1. DC 
                                                                                                                                                                                                                                              2. Middle East and Africa Electric Drives Market, By Sales Channel
                                                                                                                                                                                                                                                1. Direct 
                                                                                                                                                                                                                                                  1. Indirect
                                                                                                                                                                                                                                                  2. Middle East and Africa Electric Drives Market, By Voltage
                                                                                                                                                                                                                                                    1. Low
                                                                                                                                                                                                                                                      1. Medium
                                                                                                                                                                                                                                                      2. Middle East and Africa Electric Drives Market, By App
                                                                                                                                                                                                                                                        1. F&B
                                                                                                                                                                                                                                                          1. Metal and Mining 
                                                                                                                                                                                                                                                            1. Chemicals
                                                                                                                                                                                                                                                              1. Oil and Gas
                                                                                                                                                                                                                                                                1. Power Generation
                                                                                                                                                                                                                                                                  1. Packaging
                                                                                                                                                                                                                                                                    1. Cement
                                                                                                                                                                                                                                                                      1. Textile 
                                                                                                                                                                                                                                                                        1. Water and Wastewater
                                                                                                                                                                                                                                                                          1. Paper and Pulp
                                                                                                                                                                                                                                                                            1. Rubber and Plastic
                                                                                                                                                                                                                                                                              1. Forestry and Woodwork
                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                2. UAE
                                                                                                                                                                                                                                                                                  1. UAE Electric Drives Market, By Product Type
                                                                                                                                                                                                                                                                                    1. AC 
                                                                                                                                                                                                                                                                                      1. DC 
                                                                                                                                                                                                                                                                                      2. UAE Electric Drives Market, By Sales Channel
                                                                                                                                                                                                                                                                                        1. Direct 
                                                                                                                                                                                                                                                                                          1. Indirect
                                                                                                                                                                                                                                                                                          2. UAE Electric Drives Market, By Voltage
                                                                                                                                                                                                                                                                                            1. Low
                                                                                                                                                                                                                                                                                              1. Medium
                                                                                                                                                                                                                                                                                              2. UAE Electric Drives Market, By App
                                                                                                                                                                                                                                                                                                1. F&B
                                                                                                                                                                                                                                                                                                  1. Metal and Mining 
                                                                                                                                                                                                                                                                                                    1. Chemicals
                                                                                                                                                                                                                                                                                                      1. Oil and Gas
                                                                                                                                                                                                                                                                                                        1. Power Generation
                                                                                                                                                                                                                                                                                                          1. Packaging
                                                                                                                                                                                                                                                                                                            1. Cement
                                                                                                                                                                                                                                                                                                              1. Textile 
                                                                                                                                                                                                                                                                                                                1. Water and Wastewater
                                                                                                                                                                                                                                                                                                                  1. Paper and Pulp
                                                                                                                                                                                                                                                                                                                    1. Rubber and Plastic
                                                                                                                                                                                                                                                                                                                      1. Forestry and Woodwork
                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                      1. LATAM Electric Drives Market, By Product Type
                                                                                                                                                                                                                                                                                                                        1. AC 
                                                                                                                                                                                                                                                                                                                          1. DC 
                                                                                                                                                                                                                                                                                                                          2. LATAM Electric Drives Market, By Sales Channel
                                                                                                                                                                                                                                                                                                                            1. Direct 
                                                                                                                                                                                                                                                                                                                              1. Indirect
                                                                                                                                                                                                                                                                                                                              2. LATAM Electric Drives Market, By Voltage
                                                                                                                                                                                                                                                                                                                                1. Low
                                                                                                                                                                                                                                                                                                                                  1. Medium
                                                                                                                                                                                                                                                                                                                                  2. LATAM Electric Drives Market, By App
                                                                                                                                                                                                                                                                                                                                    1. F&B
                                                                                                                                                                                                                                                                                                                                      1. Metal and Mining 
                                                                                                                                                                                                                                                                                                                                        1. Chemicals
                                                                                                                                                                                                                                                                                                                                          1. Oil and Gas
                                                                                                                                                                                                                                                                                                                                            1. Power Generation
                                                                                                                                                                                                                                                                                                                                              1. Packaging
                                                                                                                                                                                                                                                                                                                                                1. Cement
                                                                                                                                                                                                                                                                                                                                                  1. Textile 
                                                                                                                                                                                                                                                                                                                                                    1. Water and Wastewater
                                                                                                                                                                                                                                                                                                                                                      1. Paper and Pulp
                                                                                                                                                                                                                                                                                                                                                        1. Rubber and Plastic
                                                                                                                                                                                                                                                                                                                                                          1. Forestry and Woodwork
                                                                                                                                                                                                                                                                                                                                                            1. Others
                                                                                                                                                                                                                                                                                                                                                            2. Brazil
                                                                                                                                                                                                                                                                                                                                                              1. Brazil Electric Drives Market, By Product Type
                                                                                                                                                                                                                                                                                                                                                                1. AC 
                                                                                                                                                                                                                                                                                                                                                                  1. DC 
                                                                                                                                                                                                                                                                                                                                                                  2. Brazil Electric Drives Market, By Sales Channel
                                                                                                                                                                                                                                                                                                                                                                    1. Direct 
                                                                                                                                                                                                                                                                                                                                                                      1. Indirect
                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Electric Drives Market, By Voltage
                                                                                                                                                                                                                                                                                                                                                                        1. Low
                                                                                                                                                                                                                                                                                                                                                                          1. Medium
                                                                                                                                                                                                                                                                                                                                                                          2. Brazil Electric Drives Market, By App
                                                                                                                                                                                                                                                                                                                                                                            1. F&B
                                                                                                                                                                                                                                                                                                                                                                              1. Metal and Mining 
                                                                                                                                                                                                                                                                                                                                                                                1. Chemicals
                                                                                                                                                                                                                                                                                                                                                                                  1. Oil and Gas
                                                                                                                                                                                                                                                                                                                                                                                    1. Power Generation
                                                                                                                                                                                                                                                                                                                                                                                      1. Packaging
                                                                                                                                                                                                                                                                                                                                                                                        1. Cement
                                                                                                                                                                                                                                                                                                                                                                                          1. Textile 
                                                                                                                                                                                                                                                                                                                                                                                            1. Water and Wastewater
                                                                                                                                                                                                                                                                                                                                                                                              1. Paper and Pulp
                                                                                                                                                                                                                                                                                                                                                                                                1. Rubber and Plastic
                                                                                                                                                                                                                                                                                                                                                                                                  1. Forestry and Woodwork
                                                                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                                                                  2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                  3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                  4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                  5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                  6. Rest of LATAM

                                                                                                                                                                                                                                                                                                                                                                                              Related Reports

                                                                                                                                                                                                                                                                                                                                                                                              Global Report
                                                                                                                                                                                                                                                                                                                                                                                              The global bioelectric medicine market size was valued at USD 20.15 billion in 2021 and is expected to reach USD 33.41 billion in 2030 expanding at a compound annual growth rate (CAGR) of 5.78% from 2022 to 2030. The fields of molecular medicine, bi
                                                                                                                                                                                                                                                                                                                                                                                              Buy Now
                                                                                                                                                                                                                                                                                                                                                                                              Global Report
                                                                                                                                                                                                                                                                                                                                                                                              Electric Bicycle Market Size and Highlights The global electric bicycle market size was valued at USD 36.1 billion in 2023 and is projected to reach a value from USD 40.8 billion in 2024 to USD 110.2 billion by 2032, registering a CAGR of 13.2% duri
                                                                                                                                                                                                                                                                                                                                                                                              Buy Now
                                                                                                                                                                                                                                                                                                                                                                                              Global Report
                                                                                                                                                                                                                                                                                                                                                                                              Electric Bus Market Size The global electric bus market size was valued at USD 54.61 billion in 2024 and is expected to grow from USD 61.49 Billion in 2025 to reach USD 158.90 billion by 2033, growing at a CAGR of 12.6% during the forecast period (2
                                                                                                                                                                                                                                                                                                                                                                                              Buy Now
                                                                                                                                                                                                                                                                                                                                                                                              Global Report
                                                                                                                                                                                                                                                                                                                                                                                              The global electric ship market size was valued at USD 6.06 billion in 2023 and is projected to reach USD 15.81 billion by 2032 at a CAGR of 11.24% from 2024 to 2032. Electric ships are electrically pushed deliver, not like traditional diesel engine
                                                                                                                                                                                                                                                                                                                                                                                              Buy Now
                                                                                                                                                                                                                                                                                                                                                                                              Global Report
                                                                                                                                                                                                                                                                                                                                                                                              Electronic Films Market Size The global Electronic Films Market Size was valued at USD 10.70 billion in 2024 and is projected to reach from USD 11.32 billion in 2025 to USD 17.77 billion by 2033, growing at a CAGR of 5.8% during the forecast period
                                                                                                                                                                                                                                                                                                                                                                                              Buy Now

                                                                                                                                                                                                                                                                                                                                                                                              Purchase Benefits

                                                                                                                                                                                                                                                                                                                                                                                              • Eligible for a free updated report next year
                                                                                                                                                                                                                                                                                                                                                                                              • Completely customizable scope
                                                                                                                                                                                                                                                                                                                                                                                              • 30% discount on your next purchase
                                                                                                                                                                                                                                                                                                                                                                                              • Dedicated account manager
                                                                                                                                                                                                                                                                                                                                                                                              • Query resolution within 24 hours
                                                                                                                                                                                                                                                                                                                                                                                              • Permission to print the report


                                                                                                                                                                                                                                                                                                                                                                                              We are featured on :