Market Share of Global Direct Current (DC) Electric Drives Industry
The Direct Current (DC) Electric Drives Market is moderately competitive. Competitive advantage can be attained through innovation. Hence, the vendors must invest significantly in new product development and acquisitions. Some major vendors operating in the market include ABB Ltd, Kirloskar Electric Company Limited, Rockwell Automation, and Parker Hannifin Corp.
- March 2022 - To extend its drive portfolio in the safety extra-low-voltage range for 24-48V EC motors, Siemens introduced a new servo drive system named Simatic Micro-Drive. The Simatic Micro-Drive will offer units from 100 watts to 1 kilowatt and allow side-by-side rail mounting. Compatible controllers from the SIMATIC portfolio complement the motion control functionalities of this product.
- October 2021 - Rockwell Automation and NHP launched the PowerFlex 6000T medium voltage (MV) drives, featuring common control architecture and TotalFORCE technology. The product offers easy configuration, integration, and visualization in the Studio 5000 design environment.
Direct Current (DC) Electric Drives Market Leaders
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ABB Ltd.
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Kirloskar Electric Company Limited
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Rockwell Automation
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Parker Hannifin Corp
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Nidec Motor Corporation
*Disclaimer: Major Players sorted in no particular order
