In 2023, discrete manufacturing was the largest end-user segment of medium-voltage electric drives in the Asia-Pacific region, with almost 130 million U.S. dollars of revenue generated. The segment was forecast to continue to grow, and is set to reach 175.6 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, by end user
(in million U.S. dollars)
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Tanalyze. (March 6, 2024). Market size of medium-voltage 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 Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/
Tanalyze. "Market size of medium-voltage 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. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/
Tanalyze. (2024). Market size of medium-voltage 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). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/
Tanalyze. "Market Size of Medium-voltage 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)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/
Tanalyze, Market size of medium-voltage 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) Statista, https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/ (last visited November 22, 2024)
Market size of medium-voltage 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: https://www.statista.com/statistics/1469292/apac-medium-voltage-electric-drives-market-size-by-end-user/
