Boston, MA -- (SBWIRE) -- 06/28/2017 -- Low harmonic drives are devices that are used to reduce harmonic distortions in current systems. Harmonic distortions in electric power systems are due to nonlinear electric loads, which is a major reason for frequency power quality problems.

Technavio's analysts forecast the global Low Harmonic Drives market to grow at a CAGR of 4.76% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global low harmonic drives market for 2017-2021. To calculate the market size, the report considers the new installations, retrofit, replacement and services market.

The market is divided into the following segments based on geography:

Get More Details on this Report and a Full Table of Contents at Global Low Harmonic Drives Market 2017-2021

-Americas
-APAC
-EMEA

Technavio's report, Global Low Harmonic Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ABB
-Danfoss
-Eaton
-Rockwell Automation
-Schneider Electric

Market driver

-High demand for energy-efficient products

-For a full, detailed list, view our report

Market challenge

-High switching costs for end-users
-For a full, detailed list, view our report

Market trend

-Regulations on energy efficiency and growing concern for renewable energy
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Danfoss, Eaton, Rockwell Automation, Schneider Electric

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