Market size of medium-voltage electric drives APAC 2020-2029

Published by Statista Research Department, Sep 11, 2024

In 2023, the market size for medium-voltage electric drives in the Asia-Pacific region was 776.4 million U.S. dollars. The medium-voltage electric drives market in the region was forecast to grow further, and is set to reach about 978 million U.S. dollars by 2029.

Market size of medium-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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Release date

March 2024

Region

Asia, APAC

Survey time period

2020 to 2023

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