Electric drives have become necessary for efficient speed and motion control of electric motors. The electric drives are primarily categorized into two types: AC and DC. The current market trends are favorable for AC drives because AC motors are more energy efficient than DC motors and do not have unreliable commutators. So,while the market growth of DC drives remained almost flat in recent years, the market for AC drives is expected to see linear growth.Most of the major vendors have seen declining/flat growth during 2014-2015 due to

few major global economy imbalances. We forecast the market to move at low growth till 2018 as an effect of this economic imbalance. Factors such as the increase in the implementation of industrial robots, rising need for energy efficiency, growing urbanization, installation of renewable energy plants are some of the drivers in this market. These factors have enough potential to accelerate the market at a CAGR of 4.52% during 2016-2021.

PART 01: Executive summary 6

PART 02: Scope of the report 18

Market overview 18

Top-vendor offerings 19

Other prominent vendors 20

PART 03: Market research methodology 21

Research methodology 21

Economic indicators 21

PART 04: Introduction 22

Key market highlights 22

PART 05: Market landscape 24

Market overview 24

Global electric drives market 25

Five forces analysis 26

PART 06: Market segmentation by type 27

Market overview 27

Global AC drives market 29

Global DC drives market 30

PART 07: Market segmentation by power rating 32

Market overview 32

Global low voltage electric drives market 33

Global medium voltage electric drives market 34

PART 08: Market segmentation by end-user 35

Market overview 35

Global electric drives market in oil and gas industry 37

Global electric drives market in food and beverage

industry 38

Global electric drives market in water and wastewater

treatment industry 39

Global electric drives market in mining industry 40

Global electric drives market in other industries 41

PART 09: Geographical segmentation 43

Market overview 43

Electric drives market in EMEA 44

Electric drives market in Americas 46

Electric drives market in APAC 47

PART 10: Market drivers 49

PART 11: Impact of drivers 52

PART 12: Market challenges 53

PART 13: Impact of drivers and challenges 55

PART 14: Market trends 56

PART 15: Vendor landscape 58

Competitive scenario 58

Competitive analysis 59

ABB 59

Danfoss 61

Schneider Electric 62

Siemens 64

Rockwell Automation 65

PART 16: Appendix 67

List of abbreviations 67

PART 17: Explore Technavio 68