In 2023, the market for electric drives in the Asia-Pacific region was dominated by low voltage drives, accounting for about 3.38 billion U.S. dollars of revenue. In comparison, medium-voltage electric drives generated approximately 776 million U.S. dollars in the same year.
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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Tanalyze. (March 6, 2024). 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) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/
Tanalyze. "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)." Chart. March 6, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/
Tanalyze. (2024). 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). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/
Tanalyze. "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)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/
Tanalyze, 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) Statista, https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/ (last visited November 03, 2024)
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) [Graph], Tanalyze, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1468396/apac-electric-drives-market-size-by-voltage/
