AC Adjustable Speed Drive (ASD) have become very popular variable speed control devices used in industrial, commercial and some residential applications. These devices have been available for about 20 years and have a wide range of applications ranging from single motor driven pumps, fans and compressors, to highly sophisticated multi-drive machines. They operate by varying the frequency of the AC voltage supplied to the motor using solid state electronic devices.



The global AC Adjustable Speed Drives market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.



North American market for AC Adjustable Speed Drives is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.



Asia-Pacific market for AC Adjustable Speed Drives is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.



The key global companies of AC Adjustable Speed Drives include Mitsubishi Electric, Siemens, Toshiba, ABB, Schaffner, Danfoos, Yaskawa Electric, WEG and Johnson Controls, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.



Report Scope



This report aims to provide a comprehensive presentation of the global market for AC Adjustable Speed Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AC Adjustable Speed Drives.



The AC Adjustable Speed Drives market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global AC Adjustable Speed Drives market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.



For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.



The report will help the AC Adjustable Speed Drives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.




By Company




Mitsubishi Electric



Siemens



Toshiba



ABB



Schaffner



Danfoos



Yaskawa Electric



WEG



Johnson Controls



Power Systems International（PSI）



Rockwell Automation



Fuji Electric



Hitachi



Eaton



Franklin Control Systems



Parker



Schneider Electric



Invertek Drives




Segment by Type




Low Voltage Drives



Medium Voltage Drives



High Voltage Drives




Segment by Application




Pumps



Fans



Others




Production by Region





North America



Europe



China



Japan




Consumption by Region




North America



U.S.



Canada



Europe



Germany



France



U.K.



Italy



Russia



Asia-Pacific



China



Japan



South Korea



China Taiwan



Southeast Asia



India



Latin America



Mexico



Brazil



Core Chapters



Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.



Chapter 2: Detailed analysis of AC Adjustable Speed Drives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.



Chapter 3: Production/output, value of AC Adjustable Speed Drives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.



Chapter 4: Consumption of AC Adjustable Speed Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.



Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.



Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.



Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.



Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.



Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.



Chapter 10: The main points and conclusions of the report.