According to XYZResearch study, over the next five years the Electric Drivesmarket will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2026, from US$ xx million in 2020. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Drivesbusiness.
Electric Drives market development trend, sales volume and sales value (million USD) forecast in regional market, the main regions are China, USA, Europe, India, Japan, Korea, South America, Southeast Asia.
Sales forecast by type/application from 2021-2026
Industry chain, downstream and upstream information is also included.
World trade was already slowing in 2019 before COVID 19 outbreak, weighed down by trade tensions and slowing economic growth, such as uncertainty generated from Brexit, the U.S.-China trade war, the Japan-South Korea trade war.
Trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, according to the study of WTO. The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.
XYZResearch’s analysis shows that as China started reopening its economy, world exports initially recovered across the board. But estimates of the expected recovery in 2021 are uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses.
This report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Electric Drives for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global Electric Drives market competition by top manufacturers/players, with Electric Drives sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
ABB
Danfoss
Siemens
Beijing Leader & Harvest Electric Technologies
Emerson Electric
Fuji Electric Holdings
GE
Hiconics Drive Technology
Hitachi
Mitsubishi Electric
Rockwell Automation
Schneider Electric
SEW Eurodrive
Toshiba
Yaskawa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
AC Drives
DC Drives
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Electric Drives for each application, including
Automobile
Industrial
Chemical
Other
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Summary:
Get latest Market Research Reports on Electric Drives. Industry analysis & Market Report on Electric Drives is a syndicated market report, published as Global (Covid-19 Impact) Electric Drives Sales Market (Sales,Revenue and competitors Analysis of Major Market) from 2014-2026. It is complete Research Study and Industry Analysis of Electric Drives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.