Low Voltage Drives Market Players:
- Schneider Electric
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Rockwell Automation, Inc.
- General Electric
- Hitachi Hi-Rel Power Electronics Private Limited
- Honeywell International, Inc.
- Eaton
- Emerson Electric Co.
- CG Power & Industrial Solutions, Ltd.
- Johnson Controls
- Invertek Drives Far East Pte Ltd
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of low voltage drives is evaluated at USD 22.99 billion.
The global low voltage drives market size was worth over USD 21.89 billion in 2025 and is poised to grow at a CAGR of around 5.6%, reaching USD 37.75 billion revenue by 2035.
Asia Pacific is expected to command the majority revenue share by 2035 in the low voltage drives market, underpinned by accelerating population growth and rising investment in power generation and construction infrastructure.
Key players in the market include Schneider Electric, Rockwell Automation, Inc., General Electric, Hitachi Hi-Rel Power Electronics Private Limited, Honeywell International, Inc., Eaton, Emerson Electric Co., CG Power & Industrial Solutions, Ltd., Johnson Controls, Invertek Drives Far East Pte Ltd.
