Dublin, Oct. 31, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/g7z2dd/global_ac_and_dc)
has announced the addition of the
"Global AC and DC Drives Market 2012-2016" report to their
offering.
One of the key factors contributing to this market growth is
increasing demand for AC and DC drives from the APAC region. The
Global AC and DC Drives market has also been witnessing increasing
demand for end-to-end systems. However, continuous decline in
vendors' profit margin could pose a challenge to the growth of this
market.
Commenting on the report, an analyst from TechNavio's Engineering
team said: ''The Global AC and DC Drives market is witnessing huge
market potential for end-to-end systems. Many end-users expect a
complete solution for motors, drives, and other products from
vendors. End-users prefer complete end-to-end systems from vendors
rather than buying and installing standalone products. Vendors can
help end-users to focus on their core business processes by
providing end-to-end systems with accurate installation at minimal
risk. Thus, many vendors have started to provide end-to-end
products and systems, which help buyers to create a competitive
edge over their competitors in the market.''
According to the report, one of the major drivers in the market is
the increasing demand for
AC and DC drives from the APAC region. Increasing urbanization
and industrialization in the APAC region increases the demand for
low-voltage AC drives.
Companies Mentioned
- ABB Ltd.
- Beijing Leader & Harvest Electric Technologies Co. Ltd.
- Converteam
- Danfoss Group
- Emerson Electric Co.
- Fuji Electric Holdings Co. Ltd.
- Hiconics Drive Technology Co. Ltd.
- Hitachi Ltd.
- Mitsubishi Electric Corp.
- Rockwell Automation Inc.
- Schneider Electric SA
- Siemens AG
- Toshiba Corp.
- Yaskawa America Inc.
For more information visit http://www.researchandmarkets.com/research/g7z2dd/global_ac_and_dc
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