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Middle East & Africa Low Voltage Drives Market Share

Report ID: GMI5074
Published Date: Jul 2024
Report Format: PDF

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Middle East & Africa Low Voltage Drives Market Share

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Key players operating across the Middle East & Africa low voltage drives industry are focusing on making strategic alliances, contracts, collaborations, and introducing innovative technologies to enhance their competitiveness over their counterparts. Major industry participants including ABB, Schneider Electric, Yaskawa Electric Corporation, Fuji Electric Co. Ltd., Siemens, and Rockwell Automation among other, holds majority of the market share backed by their wide geographical footprint and advanced product portfolio.s

Middle East & Africa Low Voltage Drives Market Companies

Major manufacturers operating across the industry consists of:

ABB
Bosch Rexroth
Danfoss
Delta Electronics, Inc
Eaton
Emerson Electric Co.
Fuji Electric. Co., Ltd.
Hitachi Hi-Rel Power Electronics Private Limited
Johnson Controls
Nidec Corporation
Rockwell Automation
Schneider Electric
Siemens
TMEIC
WEG
YASKAWA ELECTRIC CORPORATION

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

MEA low voltage drives market size was USD 783.1 million in 2023 and may observe 4.1% CAGR from 2034-2032 due to growing automation across various industrial applications along with increasing development of infrastructure

Middle East & Africa low voltage AC drives market is projected to witness over 4% CAGR from 2024-2032 owing to integration of smart features and IoT capabilities, have improved performance and functionality

Saudi Arabia low voltage drives industry size is set to surpass USD 200 million by 2032 owing to the rising trend for the adoption low voltage drives across various industries to enhance energy efficiency and optimize operations in the country

ABB, Bosch Rexroth, Danfoss, Delta Electronics, Inc, Eaton, Emerson Electric Co., and Fuji Electric. Co., Ltd., among others