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Market size of electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by voltage (in million U.S. dollars)

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Source

Release date

March 2024

Region

Asia, APAC

Survey time period

2020 to 2023

Citation formats

Market size of electric drives APAC 2020-2029, by voltage

Published by
Doris Dokua Sasu,
May 28, 2024

In 2023, the market for electric drives in the Asia-Pacific region was dominated by low voltage drives, accounting for about **** billion U.S. dollars of revenue. In comparison, medium-voltage electric drives generated approximately *** million U.S. dollars in the same year.

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