In 2023, the market size for low-voltage electric drives in the Asia-Pacific region was more than 3.37 billion U.S. dollars. The low-voltage electric drives market in the region was forecast to grow further, and is set to reach about 4.3 billion U.S. dollars by 2029.
Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029
(in million U.S. dollars)
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Tanalyze. (March 6, 2024). Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/
Tanalyze. "Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029 (in million U.S. dollars)." Chart. March 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/
Tanalyze. (2024). Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/
Tanalyze. "Market Size of Low-voltage Electric Drives in The Asia-pacific Region from 2020 to 2023, with Forecasts for 2024 and 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/
Tanalyze, Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/ (last visited November 22, 2024)
Market size of low-voltage electric drives in the Asia-Pacific region from 2020 to 2023, with forecasts for 2024 and 2029 (in million U.S. dollars) [Graph], Tanalyze, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1468475/apac-low-voltage-electric-drives-market-size/
