North America Alternating Current (AC) Drive Market Share

Market Share of North America Alternating Current (AC) Drive Industry

The North American Alternating Current (AC) Drive Market is competitive and consists of several players like Danfoss, WEG, Siemens, Fuji Electric Co., Ltd., Schneider Electric, Emerson Electric Co., Rockwell Automation, Inc., ABB, Yaskawa Electric Corporation, and many more. The companies are increasing their market share by forming multiple partnerships, investing in projects, and launching new products into the market.

• May 2022 - Rockwell Automation, Inc., a provider of industrial automation and digital transformation solutions, has announced the availability of its new Allen-Bradley Armor PowerFlex AC drives for industrial motor control applications. On-machine drives enable faster installation, easier commissioning, and predictive maintenance.
• July 2021 - ABB acquired ASTI Mobile Robotics Group to drive the next generation of flexible automation with autonomous mobile robots. ASTI is a global leader in the high-growth AMR ( Autonomous Mobile Robot ) market with a broad portfolio of vehicles and software. Thus, this accquisition will allow ABB to boost the demand for AC drives.

North America Alternating Current (AC) Drive Market Leaders

1. ABB

2. Danfoss

3. Schneider Electric

4. Rockwell Automation, Inc.

5. Yaskawa Electric Corporation

*Disclaimer: Major Players sorted in no particular order