Power Magnetics for MV AC Drive Market Analysis and Forecast to 2032: By Type (Transformers, Inductors, Others), Application (Pumps, Conveyors, Others), End-User (Power Generation, Food & Beverages, Others), and Region
The Power Magnetics for MV AC Drive Market size was USD 1.5 Billion in 2022 and is anticipated to reach USD 6.5 Billion in 2032, growing at a rate of 13.7% from 2023 to 2032.
Power magnetics for MV AC drive is a technology that uses magnets to generate power. This power is then used to drive an electric motor. The advantage of this technology is that it is more efficient than traditional methods of generating power, such as coal-fired power plants. Additionally, power magnetics for MV AC drive is cleaner and produces less pollution.
Key Trends
There are a few key trends in Power Magnetics for MV AC Drive technology.
One is the use of advanced materials such as rare earth, which allow for more efficient and powerful magnets.
Another trend is the miniaturization of components, which allows for more compact drives.
Additionally, there is a trend towards more efficient and environmentally friendly designs, which make use of regenerative braking and other energy-saving features.
Key Drivers
There are several key drivers of the Power Magnetics for the MV AC Drive market.
Firstly, the increasing demand for energy-efficient and environmentally-friendly products is driving the market for Power Magnetics for MV AC Drives.
Secondly, the need for efficient and reliable power conversion systems is another key driver of the Power Magnetics for the MV AC Drive market.
Lastly, the increasing demand for electricity in developing countries is also expected to boost the Power Magnetics for the MV AC Drive market.
Restraints & Challenges
The Power Magnetics for MV AC Drive market is restrained by the need for maintenance and replacement of parts, which can be expensive. Additionally, the market is challenged by the need for skilled labor to install and operate the equipment, and by the possibility of equipment failure.
Market Segments
The power magnetics for MV AC drive market is segmented by type, application, end-user, and region. By type, the market is classified into transformers, inductors, and others. Based on application, it is bifurcated into pumps, conveyors, and others. On the basis of end-user, it is divided into power generation, food & beverages, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global power magnetics for MV AC drive market includes players such as Schaffner Holding AG, Tamura Corporation, Torytrans, AQ trafotek Oy, Hans von Mangoldt GmbH, mDexx, Bourns Inc, RoMan Manufacturing, Inc., Danfoss, Hammond Power Solutions, and others.
Power Magnetics for MV AC Drive Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Power Magnetics for MV AC Drive Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Power Magnetics for MV AC Drive Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Hydrogen Energy Storage Industry.
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Power Magnetics for MV AC Drive Market along with the current trends and future estimations to depict imminent investment pockets. The overall Hydrogen Energy Storage industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Power Magnetics for MV AC Drive Market are also analyzed.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Power Magnetics for MV AC Drive Market Outlook
3.1. Power Magnetics for MV AC Drive Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Power Magnetics for MV AC Drive Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Power Magnetics for MV AC Drive Market
4.3. Economic Impact Analysis
Chapter 5. Power Magnetics for MV AC Drive Market by End-Use
5.1. Market Overview
5.2. Power Generation
5.2.1. Market Size and Forecast, 2022-2032 ($Million)
5.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.3. Food & Beverages
5.3.1. Market Size and Forecast, 2022-2032 ($Million)
5.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.4. Others
5.4.1. Market Size and Forecast, 2022-2032 ($Million)
5.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
Chapter 6. Power Magnetics for MV AC Drive Market by Application
6.1. Market Overview
6.2. Pumps
6.2.1. Market Size and Forecast, 2022-2032 ($Million)
6.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.3. Conveyors
6.3.1. Market Size and Forecast, 2022-2032 ($Million)
6.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.4. Others
6.4.1. Market Size and Forecast, 2022-2032 ($Million)
6.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
Chapter 7. Power Magnetics for MV AC Drive Market by Type
7.1. Market Overview
7.2. Transformers
7.2.1. Market Size and Forecast, 2022-2032 ($Million)
7.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.3. Inductors
7.3.1. Market Size and Forecast, 2022-2032 ($Million)
7.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.4. Others
7.4.1. Market Size and Forecast, 2022-2032 ($Million)
7.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
Chapter 8. Power Magnetics for MV AC Drive Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.2.3. North America Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.4. North America Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.2.5. North America Power Magnetics for MV AC Drive Market Size and Forecast by Country, 2022-2032, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.2.6.2. The U.S. Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.6.3. The U.S. Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.2.7. Canada
8.2.7.1. Canada Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.2.7.2. Canada Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.7.3. Canada Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.2.8.2. Mexico Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.8.3. Mexico Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.3. Europe Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.4. Europe Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.5. Europe Power Magnetics for MV AC Drive Market Size and Forecast by Country, 2022-2032, ($Million)
8.3.6. Germany
8.3.6.1. Germany Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.6.2. Germany Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.6.3. Germany Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.7. France
8.3.7.1. France Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.7.2. France Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.7.3. France Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.8.2. U.K. Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.8.3. U.K. Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.9. Spain
8.3.9.1. Spain Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.9.2. Spain Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.9.3. Spain Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.10. Italy
8.3.10.1. Italy Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.10.2. Italy Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.10.3. Italy Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.3.11.2. Rest of Europe Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.11.3. Rest of Europe Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Power Magnetics for MV AC Drive Market Size and Forecast by Country, 2022-2032, ($Million)
8.4.3. Asia-Pacific Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.4. Asia-Pacific Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.5. Asia-Pacific Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4.6. China
8.4.6.1. China Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.6.2. China Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.6.3. China Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4.7. India
8.4.7.1. India Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.7.2. India Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.7.3. India Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4.8. Japan
8.4.8.1. Japan Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.8.2. Japan Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.8.3. Japan Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.9.2. South Korea Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.9.3. South Korea Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.4.10.2. Rest of APAC Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.10.3. Rest of APAC Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.5.3. Rest of the World Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.4. Rest of the World Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.5.5. Rest of the World Power Magnetics for MV AC Drive Market Size and Forecast by Country, 2022-2032, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.5.6.2. Latin America Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.6.3. Latin America Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.5.7.2. Middle East Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.7.3. Middle East Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
8.5.8. Africa
8.5.8.1. Africa Power Magnetics for MV AC Drive Market Size and Forecast by End-Use, 2022-2032, ($Million)
8.5.8.2. Africa Power Magnetics for MV AC Drive Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.8.3. Africa Power Magnetics for MV AC Drive Market Size and Forecast by Type, 2022-2032, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Schaffner Holding AG
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Tamura Corporation
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Torytrans
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. AQ trafotek Oy
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Hans von Mangoldt GmbH
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. mDexx
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Bourns Inc
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. RoMan Manufacturing, Inc.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Danfoss
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Hammond Power Solutions
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of companies is subject to change during the final compilation of the report
Key Players
Market Segmentation
By End-Use
- Power Generation
- Food & Beverages
- Others
By Application
- Pumps
- Conveyors
- Others
By Type
- Transformers
- Inductors
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- France
- Spain
- Italy
- Netherlands
- Sweden
- Switzerland
- Denmark
- Finland
- Russia
- Rest of Europe
- The Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Indonesia
- Taiwan
- Malaysia
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa