This study covers the state of the low voltage drives market in Europe, examining drivers and restraints for growth, market challenges, technology and product trends, demand and geographical trends. Following from these, market growth for regional and market segments are forecasted. In addition, an in-depth product and technology analysis for has been covered, along with detailed market trends for AC, DC and Servo drives in the industry. The base year is 2009 with forecasts running through 2016. The market is further divided into three product categories including AC, DC and Servo.

Reduction in harmonics is poised to remain a major challenge. With the advent of power electronics, non-linear loads and power switching devices such as variable frequency drives (VFDs), there have been concerns about a potential increase in the level of harmonic distortion being conducted back onto the utility power lines. The need to provide value-added services poses another challenge for market participants. “Drive manufacturers primarily tend to compete on price and value added services,” states the analyst. “The availability of Chinese products with the same features and functionality at a much lower price has had a significant impact on the prospects of European manufacturers.”

The demand for products with value-added features and services will motivate manufacturers to devise better strategies to tap the services market in Europe. This will require drive manufacturers to invest more to form a dedicated service approach in order to increase or at least sustain their market share. “End users have high expectations and requirements in terms of both product quality and the services they receive from their suppliers even while suppliers have to rise to the challenge posed by low end-user awareness and acceptance of drives,” concludes the analyst. “Suppliers with a broad range of high-quality products and services are positioned to emerge as market leaders.

TABLE OF CONTENTS

1. Executive Summary

   1.1 Definitions and Scope of Research

   1.2 Market Overview

   1.3 Market Segmentation

   1.4 Summary of Major Findings

2. Market Overview

   2.1 Overview of End User Industries


3. Energy Efficiency Trends and its Impact on Low Voltage Drives

   3.1 Energy Efficiency Trends

   3.2 Energy Demand Expected to Grow Mainly from ROWE, CEE and Scandinavian Countries

   3.3 Roadmap for Energy Efficient Motors Scheme

   3.4 Incentive Schemes and Rebates

4. Forecasts for Low Voltage Drives

   4.1 Industry Challenges

   4.2 Market Drivers

   4.3 Market Restraints

   4.4 Market Forecasts

5. Market Segment Analysis

   5.1 AC Drives

   5.2 DC Drives

   5.3 Servo Drives

6. Market Trends

   6.1 Product Trends

   6.2 Technology Trends

   6.3 Distribution Trends

7. Conclusion

8. Annexure
 
9. About Frost & Sullivan

LIST OF FIGURES

AC Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
AC Low Voltage Drives Market: Recent Developments (Europe), 2009
DC Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
DC Low Voltage Drives Market: Recent Developments (Europe), 2009
Servo Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
Servo Low Voltage Drives Market: Recent Developments (Europe), 2009

LIST OF CHARTS

Low Voltage Drives Market: Market Segmentation (Europe), 2009
Low Voltage Drives Market: Energy Demand (Europe), 2003 and 2020
Low Voltage Drives Market: CO2 Emissions in European Countries vs. Kyoto Protocol Target (Europe), 2009
Low Voltage Drives Market: Roadmap for Energy Efficient Motors Scheme - Implementation Phases (Europe), 2009-2020
Low Voltage Drives Market: Harmonisation of Energy Standards for Electric Motors (Europe), 2009
Low Voltage Drives Market: Top Six Industry Challenges (Europe), 2010-2016
Low Voltage Drives Market: Market Drivers and Restraints Ranked in Order of Impact (Europe), 2010-2016
Low Voltage Drives Market: Revenues by Product Type (Europe), 2009 and 2016
Low Voltage Drives Market: Per cent of Revenues by Product Type (Europe), 2009
Low Voltage Drives Market: Revenues by Product Range (Europe), 2009 and 2016
Low Voltage Drives Market: Per cent of Revenues by Product Range (Europe), 2009
Low Voltage Drives Market: Revenues by Geographic Region (Europe), 2009 and 2016
Low Voltage Drives Market: Per cent of Revenues by Geographic Region (Europe), 2009
Low Voltage Drives Market: Per cent of Revenues by End-user Industry (Europe), 2009
Low Voltage Drives Market: Per cent of Revenues by Application (Europe), 2009
Low Voltage Drives Market: Revenues by Standard vs. Integrated Product (Europe), 2009 and 2016
AC Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
AC Low Voltage Drives Market: Per cent of Revenues by End-user Industry (Europe), 2009
AC Low Voltage Drives Market: Company Market Share by Revenues (Europe), 2009
DC Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
DC Low Voltage Drives Market: Per cent of Revenues by End-user Industry (Europe), 2009
DC Low Voltage Drives Market: Company Market Share by Revenues (Europe), 2009
Servo Low Voltage Drives Market: Revenue Forecasts (Europe), 2006-2016
Servo Low Voltage Drives Market: Per cent of Revenues by Industries (Europe), 2009
Servo Low Voltage Drives Market: Company Market Share by Revenues (Europe), 2009
Low Voltage Drives Market: Technological Advancement in Future Drives (Europe), 2016
Low Voltage Drives Market: Technology Roadmap (Europe), 2005-2020
Low Voltage Drives Market: Advantages of Decentralized Drive Systems (Europe), 2009
Low Voltage Drives Market: Per cent of Revenues by Sales Channel (Europe), 2009
Low Voltage Drives Market: Distribution Channel (Europe), 2009