Low and Medium-voltage Inverter is an electronic device or circuitry that changes direct current (DC) to alternating current (AC). The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source.
First, for industry structure analysis, the Low and Medium-voltage Inverter industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 55 % of the revenue market. Regionally, Europe is the biggest production value area of valves, also the leader in the whole Low and Medium-voltage Inverter industry.
Second, for price trend analysis, a key variable in the performance of Low and Medium-voltage Inverter producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Third, for forecast, the global Low and Medium-voltage Inverter revenue would keep increasing with annual growth rate with 3~6%. We tend to believe that this industry still has a good future, considering the current demand of Low and Medium-voltage Inverter.

According to this study, over the next five years the Low and Medium-voltage Inverter market will register a 4.3% CAGR in terms of revenue, the global market size will reach USD 13500 million by 2024, from USD 10900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Low and Medium-voltage Inverter business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Low and Medium-voltage Inverter market by product type, application, key manufacturers and key regions and countries.

This study considers the Low and Medium-voltage Inverter value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Medium-voltage Inverter
Low-voltage Inverter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Textile Industry
Oil & Gas Industry
Mining Industry
Hoisting Machinery
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ABB
Siemens
Schneider Electric
Danfoss
Rockwell Automation
Mitsubishi Electric
Yaskawa Electric
Fuji Electric
Delta Electronics
Inovance Technology
INVT?
EURA DRIVES
Slanvert
Hiconics
STEP Electric Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Low and Medium-voltage Inverter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Low and Medium-voltage Inverter market by identifying its various subsegments.
Focuses on the key global Low and Medium-voltage Inverter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Low and Medium-voltage Inverter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Low and Medium-voltage Inverter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.