Product Code: ETC035913 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Italy Variable Speed Drive market currently, in 2023, has witnessed an HHI of 1661, Which has increased slightly as compared to the HHI of 1565 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Italy variable speed drive market is expected to grow at a CAGR of around 4.1% during the forecast period 2020-2026. The market growth can be attributed to increasing demand for energy efficiency and cost savings, rising government initiatives towards the adoption of renewable sources of energy, and growing industrial automation. Additionally, rapid urbanization and industrialization in countries such as China, India, Indonesia, Mexico are further driving the market growth.
However, high initial costs associated with these drives may hamper the market growth over the forecast period. Further technological advancements such as IoT-enabled drives which provide better real-time insights into machine performance are projected to create several opportunities in this sector over the coming years.
Italy is one of Europe?s major economies and has seen significant investments in its infrastructural development projects across various sectors including automotive manufacturing industry; power generation & distribution sector; oil & gas sector etcetera leading to an increased demand for variable speed drives (VSD) from end users such as commercial enterprises & industries like chemical plants, food processing units etc., thereby propelling Italy?s VSD Market Growth during 2020 - 2026.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Italy Variable speed Drive Market Overview |
3.1 Italy Country Macro Economic Indicators |
3.2 Italy Variable speed Drive Market Revenues & Volume, 2019 & 2026F |
3.3 Italy Variable speed Drive Market - Industry Life Cycle |
3.4 Italy Variable speed Drive Market - Porter's Five Forces |
3.5 Italy Variable speed Drive Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Italy Variable speed Drive Market Revenues & Volume Share, By Voltage, 2019 & 2026F |
3.7 Italy Variable speed Drive Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.8 Italy Variable speed Drive Market Revenues & Volume Share, By End User, 2019 & 2026F |
4 Italy Variable speed Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Italy Variable speed Drive Market Trends |
6 Italy Variable speed Drive Market, By Types |
6.1 Italy Variable speed Drive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Italy Variable speed Drive Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Italy Variable speed Drive Market Revenues & Volume, By AC Drive, 2016 - 2026F |
6.1.4 Italy Variable speed Drive Market Revenues & Volume, By DC Drive, 2016 - 2026F |
6.1.5 Italy Variable speed Drive Market Revenues & Volume, By Servo Drive, 2016 - 2026F |
6.2 Italy Variable speed Drive Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Italy Variable speed Drive Market Revenues & Volume, By Low Voltage, 2016 - 2026F |
6.2.3 Italy Variable speed Drive Market Revenues & Volume, By Medium Voltage, 2016 - 2026F |
6.3 Italy Variable speed Drive Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Italy Variable speed Drive Market Revenues & Volume, By Compressor, 2016 - 2026F |
6.3.3 Italy Variable speed Drive Market Revenues & Volume, By Pump, 2016 - 2026F |
6.3.4 Italy Variable speed Drive Market Revenues & Volume, By Fans, 2016 - 2026F |
6.3.5 Italy Variable speed Drive Market Revenues & Volume, By Others, 2016 - 2026F |
6.4 Italy Variable speed Drive Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Italy Variable speed Drive Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.4.3 Italy Variable speed Drive Market Revenues & Volume, By Electronics, 2016 - 2026F |
6.4.4 Italy Variable speed Drive Market Revenues & Volume, By Oil & Gas, 2016 - 2026F |
6.4.5 Italy Variable speed Drive Market Revenues & Volume, By Power Generation, 2016 - 2026F |
6.4.6 Italy Variable speed Drive Market Revenues & Volume, By Others, 2016 - 2026F |
7 Italy Variable speed Drive Market Import-Export Trade Statistics |
7.1 Italy Variable speed Drive Market Export to Major Countries |
7.2 Italy Variable speed Drive Market Imports from Major Countries |
8 Italy Variable speed Drive Market Key Performance Indicators |
9 Italy Variable speed Drive Market - Opportunity Assessment |
9.1 Italy Variable speed Drive Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Italy Variable speed Drive Market Opportunity Assessment, By Voltage, 2019 & 2026F |
9.3 Italy Variable speed Drive Market Opportunity Assessment, By Application, 2019 & 2026F |
9.4 Italy Variable speed Drive Market Opportunity Assessment, By End User, 2019 & 2026F |
10 Italy Variable speed Drive Market - Competitive Landscape |
10.1 Italy Variable speed Drive Market Revenue Share, By Companies, 2019 |
10.2 Italy Variable speed Drive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |