Medium Voltage Drive Market Size, Share & Industry Analysis, By Drive (AC, DC, and Servo), By Power Range (< 1MW, 1MW to 3MW, 3MW to 7 MW, and > 7MW), By Application (Pumps, Conveyor, Compressor, Fan, Extruders, and Others), By End-User (Oil & Gas, Power Generation, Pulp & Paper, Mining & Metals, Marine, and Others), and Regional Forecast, 2024-2032

Last Updated: June 30, 2025 | Format: PDF | Report ID: FBI110678

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2023
Estimated Year	2024
Forecast Period	2024-2032
Historical Period	2019-2022
Growth Rate	CAGR of 6.54% from 2024 to 2032
Unit	Value (USD Billion)
Segmentation	By Drive AC DC Servo
	By Power Range < 1MW 1MW to 3MW 3MW to 7MW > 7MW
	By Application Pumps Conveyor Compressor Fan Extruders Others
	By End-User Oil & Gas Power Generation Pulp & Paper Mining & Metals Marine Others
	By Region North America (By Drive, Power Range, Application, End-User, and Country) U.S. (By End-User) Canada (By End-User) Europe (By Drive, Power Range, Application, End-User, and Country) UK (By End-User) Germany (By End-User) France (By End-User) Italy (By End-User) Spain (By End-User) Russia (By End-User) Rest of Europe (By End-User) Asia Pacific (By Drive, Power Range, Application, End-User, and Country) Japan (By End-User) India (By End-User) China (By End-User) Australia (By End-User) Southeast Asia (By End-User) Rest of Asia Pacific (By End-User) Latin America (By Drive, Power Range, Application, End-User, and Country) Brazil (By End-User) Mexico (By End-User) Rest of Latin America (By End-User) Middle East & Africa (By Drive, Power Range, Application, End-User, and Country) South Africa (By End-User) GCC (By End-User) Rest of the Middle East & Africa (By End-User)