America Low Voltage Drives Market Size is set to grow on account of rapid industrialization, increased need for optimized energy and rising energy prices. Strict government directives with an objective to encourage environment sustainability along with growing power demand will encourage the product installation. Ongoing R&D combined with soaring investments for infrastructure development is further anticipated to augment the industry outlook.
Micro power range is projected to grow on account of expansion of electrical infrastructure with focus on cleaner power technologies. Easy user interface, simple integration, customizable frequency, reliability and precise speed control are a few of the key factors projected to augment the industry scenario.
Adoption of variable frequency systems for centrifugal and reciprocating equipment will drive the U.S. low voltage drives market growth. The device can be used as a substitute to fixed speed controllers and valves, further boosting the product adoption. In addition, the increasing energy prices along with concerns over availability and environmental impact will intensify the interest in energy efficient technologies.
Enhanced energy efficiency, low maintenance cost and quick dynamic response is set to boost the demand for AC drives. Increased use of the product for HVAC applications and growing consumer inclination toward value added products is further projected to strengthen the business landscape.
Regenerative technology is set to grow on account of cost effectiveness, compact size, improved power factor and harmonics mitigation. In addition, simplified installation and enhanced energy efficiency is set to boost the industry landscape. These drives are capable of recovering energy and feeding it back to the network, thereby enhancing the product demand.
Adjustable operating speeds in accordance with flow rate, static head & settling velocity will boost the pumps low voltage drives market growth. Reduced mechanical stress owing to soft start and stop coupled with substantial energy-savings is set to complement the industry landscape. In addition, the product eliminates the need of valves for flow control, thereby making it energy efficient.
Conveyor application is set to grow on account low starting current, decreased power consumption and reduced voltage fluctuations. In addition, rising awareness toward work related safety & stringent norms for energy efficient devices is projected to propel business landscape. Smooth reversing, dynamic torque, speed techniques and long belt life are some of the prime characteristics further enhancing the product installation.
Companies are actively looking for M&As and partnerships with international and local vendors to build prospects. Key industry participants in America Low Voltage Drives Market include Honeywell, Siemens, Johnson Controls, ABB, Schneider Electric, Rockwell Automation, WEG Electric, CG Power and Industrial Solutions, Hiconics, Hitachi, Danfoss, Emerson, Mitsubishi, and Eaton amongst others.