Power magnetics consists of various components such as transformers, inductors, current sensors, chokes, reactors, and othermagnetic products. These power magnetics products are widely used in the designing and manufacturing medium voltage ACdrives. These drives are easy-to-use and are well-suited for variable torque applications such as simple, standalone centrifugalfans and pumps. Medium voltage AC drives are intended to optimize energy by enabling variable-speed control and soft starting in normal dutyand heavy-duty applications. lt is generally used in applications that require motors from 500 to 20,000 hp, where thedifference in the current draw between low voltage and medium voltage becomes substantial.Motors in this range are oftenused to operate large compressors pumps and fans in power stations, chemical & petrochemical plants, water & wastewatertreatment facilities, cement, mining and minerals, marine, and oil and gas industries.
This report contains market size and forecasts of Power Magnetics for MV AC Drive in global, including the following market information:
Global Power Magnetics for MV AC Drive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Magnetics for MV AC Drive Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Magnetics for MV AC Drive companies in 2021 (%)
The global Power Magnetics for MV AC Drive market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Transformers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Magnetics for MV AC Drive include Schaffner Holding, Tamura Corporation, Torytrans, AQ trafotek, Hans Von Mangoldt, mDexx, Bourns, RoMan Manufacturing and Danfoss, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Power Magnetics for MV AC Drive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Magnetics for MV AC Drive Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Magnetics for MV AC Drive Market Segment Percentages, by Type, 2021 (%)
Transformers
Inductors
Chokes
Current Sensors
Others
Global Power Magnetics for MV AC Drive Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Magnetics for MV AC Drive Market Segment Percentages, by Application, 2021 (%)
Oil and Gas
Power Generation
Food and Beverages
Metal and Mining
Water and Wastewater
Chemicals and Petrochemicals
Others
Global Power Magnetics for MV AC Drive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Magnetics for MV AC Drive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Magnetics for MV AC Drive revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Magnetics for MV AC Drive revenues share in global market, 2021 (%)
Key companies Power Magnetics for MV AC Drive sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Magnetics for MV AC Drive sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schaffner Holding
Tamura Corporation
Torytrans
AQ trafotek
Hans Von Mangoldt
mDexx
Bourns
RoMan Manufacturing
Danfoss
Hammond Power Solutions
Controlled Magnetics
Badger Magnetics
MGM Transformer Company
LC Magnetics