DC Drives Market to Gain High Demand from Industrial Automation, Aerospace and Automotive Industry

Global DC Drives Market is expected to grow at a positive CAGR in the predicted period. Motor drives are used for various purposes and can range from few watts to a thousand kilowatts depending on applications that require precise and high performance position controlled drives in robotics to variable speed drives for adjusting flow rates in pump. Thus, D.C. motors transform power from adjustable DC voltage source to revolving mechanical force. Motor shaft rotation and direction are proportional to the magnitude and polarity of the DC voltage applied to the motor. Technically, a D.C. drive is an electric device that regulates the speed of D.C motors by fine-tuning input voltage or amperage or both. In all applications, where speed and position are controlled, a power electronic converter is required that acts as an interface amid input power and motor.

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Commercially, the rising pace of industrialization and urbanization and rising demand for energy contributes to the growth of global market. Further DC drives cater to major industrial drive systems for accurate control of machinery. For instance, oil & gas sector largely benefits with the deployment of D.C. drives and common applications of D.C drives encompass belts and conveyors, cranes and trolley and compressor and pumps. Therefore, the drives are also used to coordinate multiple machines for constant production which include pulp and paper & tire industries.  Factors such as industrialization and urbanization results into rise in demand for energy in developing economies such as Middle-East and Asia-Pacific. Also, there is a rising focus and emphasis on energy-efficient solution in industries. Moreover, the growing need for energy efficient systems is anticipated to strengthen the DC drives market.



The key players in the DC drives market include ABB Ltd, Siemens AG, Schneider Electric SE, Rockwell Automation and Mitsubishi Electric.

Based on voltage, the DC drives market is segmented into low voltage and medium voltage DC drives. Based on power rating, the DC drives market segmentation includes low power, medium power and high power. Based on end-user, the DC drives market segmentation includes oil & gas, water & wastewater, building automation, power generation, food & beverages, chemicals & petrochemicals and metals & mining.

Based on types, the DC drives market is segmented into By structure: - Brushed, Brushedless and By technology: - Analog, Digital. Based on application, the DC drives market is segmented into Aerospace, Automotive, Communication field, Consumer applications, Industrial automation and robotics field and Medical industry.

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Geographically, the DC drives market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions are estimated to have a larger share in the global market and are expected to continue dominating in the predicted period. North America and Europe is expected to rise at a positive CAGR in the predicted period. Middle-East and African market is also expected to rise at a steady CAGR in upcoming years.

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