Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user
(in million U.S. dollars)
Characteristic
Discrete manufacturing
Others
Paper
HVAC-R
Food and beverages
Water treatment
Minerals
Power generation
Petrochemicals
Oil and gas
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In 2023, discrete manufacturing was the largest end-user segment of medium-voltage AC electric drives in the Asia-Pacific region, with *** million U.S. dollars of revenue achieved. This marked an increase from 2020, when discrete manufacturing generated a revenue of about *** million U.S. dollars.
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Tanalyze. (March 6, 2024). Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 26, 2026, from /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/
Tanalyze. "Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user (in million U.S. dollars)." Chart. March 6, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 26, 2026. /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/
Tanalyze. (2024). Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 26, 2026. /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/
Tanalyze. "Market Size of Medium-voltage Ac Electric Drives in The Asia-pacific Region from 2020 to 2023, with Forecasts for 2024 and 2029, by End User (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 6 Mar 2024, /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/
Tanalyze, Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/ (last visited July 26, 2026)
Market size of medium-voltage AC electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029, by end user (in million U.S. dollars) [Graph], Tanalyze, March 6, 2024. [Online]. Available: /statistics/1469281/apac-medium-voltage-ac-electric-drives-market-size-by-end-user/
