DC Drives – World Market Analysis, Trends & Forecasts 2019-2025 – ResearchAndMarkets.com

The "DC Drives - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The DC Drives market worldwide is projected to grow by US$439.6 Million, driven by a compounded growth of 2.6%.

Oil & Gas, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$760.8 Million by the year 2025, Oil & Gas will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$16.7 Million to the region's size and clout in the next 5 to 6 years. Over US$12.6 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Oil & Gas will reach a market size of US$33.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.3% over the next couple of years and add approximately US$124.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

• ABB Ltd.
• American Electric Technologies Inc.
• Crompton Greaves Ltd.
• Danfoss A/S
• Emerson Electric Co.
• GE Power Conversion
• KB Electronics
• Mitsubishi Electric Corporation
• Parker Hannifin Corporation
• Rockwell Automation Inc.
• Schneider Electric S.A.
• Siemens AG
• Toshiba International Corporation (TIC)

For more information about this report visit https://www.researchandmarkets.com/r/5m77ks

View source version on businesswire.com: https://www.businesswire.com/news/home/20191118005593/en/