Active Front End Drives Market – By Type , By Voltage Range , By Power Range , By Application , By End-User , By Geography – Opportunity Analysis & Industry Forecast, 2024-2030

Report Code: ATR 1045 Report Format: PDF + Excel

Active Front End Drives Market Overview:

Active Front End Drives Market size is estimated to reach $7.6 billion by 2030, growing at a CAGR of 5.5% during the forecast period 2024-2030. The market for Active Front End (AFE) drives is the focus on improving energy efficiency. AFE drives are designed to minimize energy loss during conversion and operation, leading to significant energy savings in industrial applications. AFE drives can regenerate energy back to the power grid during braking or deceleration. This regenerative capability not only reduces energy consumption but also contributes to overall energy efficiency and sustainability in industrial processes. The rising complexity of global and local regulatory standards regarding power quality, energy consumption, and environmental impact is significantly influencing the adoption of AFE drives. Governments and regulatory bodies worldwide are implementing more stringent standards to reduce the environmental footprint of industrial operations and improve the overall power quality of electrical grids. AFE drives help industries comply with these regulations by reducing harmonic distortion, improving power factor, and enhancing energy efficiency. For instance, the International Electrotechnical Commission (IEC) and the Institute of Electrical and Electronics Engineers (IEEE) have set specific standards for harmonic limits (such as IEEE 519), which AFE drives can help meet. Additionally, compliance with these regulations not only helps avoid penalties but also supports corporate sustainability initiatives, thereby improving the corporate image and customer trust. As regulatory landscapes become more rigorous, the demand for AFE drives that can meet these stringent requirements is expected to grow.

Active Front End Drives Market - Report Coverage:

The “Active Front End Drives Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Active Front End Drives Market.

Attribute Segment

Type

  • Regenerative AFE Drives
  • Non-regenerative AFE Drives

By Voltage Range

  • Up to 400V
  • 401 to 1000V
  • 1001 to 3000V
  • 3001 to 5000V
  • Above 5000V

By Power Range

  • Micro (0-1 MVA)
  • Low (1-5 MVA)
  • Medium (5-10 MVA)
  • High (>10 MVA)

By Sales Channel

  • Online
  • Offline

By Application

  • Actuators
  • Fans
  • Pumps
  • Ventilators
  • Compressors
  • Conveyors
  • Cranes
  • Mixers, Centrifuges, Agitators
  • Others

By End-User

  • Marine
  • Oil & Gas
  • Water & Wastewater
  • Power Generation
  • Mining
  • Chemicals
  • Power Generation
  • HVAC
  • Food & Beverage

By Geography

  • North America
  • Europe
  • South America
  • APAC
  • RoW

COVID-19 / Ukraine Crisis - Impact Analysis:  

  • The diverse impact of the COVID-19 pandemic on different sectors underscored the varying needs and challenges faced by industries worldwide. For sectors like automotive and aerospace, the pandemic-induced lockdowns and travel restrictions led to significant reductions in demand. Automotive manufacturing plants faced temporary closures or reduced operations, resulting in decreased production volumes and lower demand for components such as AFE drives, which are integral to optimizing energy consumption in manufacturing processes.
  • ∙    The Ukraine crisis exacerbated energy price volatility in Europe, where many countries heavily rely on imported natural gas and oil from Russia. As geopolitical tensions escalated, concerns over potential disruptions to energy supplies intensified, leading to sharp increases in energy prices. AFE drives are integral to industrial automation and energy efficiency strategies, helping companies optimize energy consumption and reduce operational costs. However, the increased energy prices directly impact the overall cost structure of manufacturing these drives. Energy-intensive production processes, such as casting, forging, machining, and assembly operations involved in AFE drive manufacturing, become more expensive as electricity and fuel costs rise.

Key Takeaways:

  • Regenerative AFE Highest Growth

Regenerative AFE segment is analyzed to have a highest growth during the forecast period 2024-2030.Regenerative AFE drives may have a higher initial investment compared to non-regenerative counterparts, their long-term benefits in terms of energy savings and reduced maintenance costs make them a financially viable choice for many industrial applications. Regenerative AFE drives excel in capturing and reusing energy that would otherwise be wasted during braking or deceleration of motors. This capability significantly reduces overall energy consumption by feeding regenerated energy back into the power grid or local distribution system.

  • Regenerative AFE Highest Growth

1001V – 3000V segment is analyzed to have a highest growth during the forecast period 2024-2030. Medium voltage AFE drives are favored for their ability to enhance energy efficiency, comply with stringent regulatory standards, and support sustainable practices in industries. Advancements in technology have also bolstered their performance and reliability, making them a preferred choice across various sectors such as utilities, transportation, and construction. With ongoing emphasis on operational cost savings and environmental impact reduction, medium voltage AFE drives are poised to continue their expansion in the industrial automation landscape worldwide.

  • Enhanced Energy Efficiency and Regenerative Braking

Energy efficiency and regenerative braking are pivotal drivers behind the adoption of Active Front End (AFE) drives in industrial applications. AFE drives excel in optimizing energy utilization through advanced regenerative braking capabilities. Unlike traditional braking methods that dissipate kinetic energy as heat through resistors, AFE drives efficiently convert this kinetic energy into electrical energy. This process allows for the energy to be fed back into the power supply, significantly enhancing overall system efficiency. Moreover, by reducing energy consumption and operational expenses, AFE drives support sustainability goals and contribute to cost savings in industrial operations.

  • Electromagnetic Interference (EMI) as a Major Challenge

A significant challenge associated with AFE drives is electromagnetic interference. The switching frequencies of the semiconductor devices used in AFE drives can generate high-frequency harmonics, which have the potential to disrupt nearby sensitive equipment or communication systems. This interference can lead to operational disruptions or non-compliance with electromagnetic compatibility (EMC) regulations. Effective mitigation strategies involve employing shielding, filtering, and grounding techniques, which are essential but add complexity and may require additional investment in specialized components.

Key Market Players: 

Product launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Active Front End Drives Market. The top 10 companies in this industry are listed below:

  1. Siemens AG 
  2. ABB Ltd. 
  3.  Delta Electronics, Inc.
  4. Danfoss 
  5. Rockwell Automation 
  6. Yaskawa Electric Corporation 
  7. Toshiba International Corporation
  8. Fuji Electric Co., Ltd. 
  9. Eaton Corporation
  10. Omron Corporation

Scope of the Report: 

Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

5.5%

Market Size in 2030

$ 7.6 billion

Segments Covered

Type, Voltage Range, Power Range, Sales Channel, Application, End-User and Region

Geographies Covered

North America, South America, Europe, APAC, RoW

Key Market Players

  1. Siemens AG
  2. ABB Ltd.
  3. Delta Electronics, Inc.
  4. Danfoss
  5. Rockwell Automation
  6. Yaskawa Electric Corporation
  7. Toshiba International Corporation
  8. Fuji Electric Co., Ltd.
  9. Eaton Corporation
  10. Omron Corporation

For more Automotive Market reports, please click here

  1.    Active Front End Drives Market – Market Overview
      1.1.    Definition and Scope
  2.    Active Front End Drives Market - Executive Summary
      2.1.    Key Trends by Component
      2.2.    Key Trends by Region
  3.    Active Front End Drives Market – Comparative Analysis
      3.1.    Product Bench Marking – Key Companies
      3.2.    US Financial Analysis – Key Companies
      3.3.    Market Share Analysis – Key Companies
      3.4.    Patent Analysis
      3.5.    Pricing Analysis
  4.    Active Front End Drives Market – Startup Companies Scenario
      4.1.    Key Startup Company Analysis by
            4.1.1.    Investment
            4.1.2.    Revenue
            4.1.3.    Product Portfolio
            4.1.4.    Venture Capital and Funding Scenario
  5.    Active Front End Drives Market – Market Entry Scenario Premium 
      5.1.    Regulatory Framework Overview
      5.2.    New Business and Ease of Doing Business Index
      5.3.    Case Studies of Successful Ventures
      5.4.    Customer Analysis
  6.    Active Front End Drives Market – Forces
      6.1.    Market Drivers
      6.2.    Market Constraints
      6.3.    Porter’s Five Force Model
            6.3.1.    Bargaining Power of Suppliers
            6.3.2.    Bargaining Powers of Customers
            6.3.3.    Threat of New Entrants
            6.3.4.    Rivalry Among Existing Players
            6.3.5.    Threat of Substitutes
  7.    Active Front End Drives Market – Strategic Analysis
      7.1.    Value/Supply Chain Analysis
      7.2.    Opportunities Analysis
      7.3.    Product/Market Life Cycle
      7.4.    Distributor Analysis – Major Companies
  8.    Active Front End Drives Market – By Type
      8.1.    Regenerative AFE Drives
      8.2.    Non-regenerative AFE Drives
  9.    Active Front End Drives Market – By Voltage Range
      9.1.    Up to 400V
      9.2.    401 to 1000V
      9.3.    1001 to 3000V
      9.4.    3001 to 5000V
      9.5.    Above 5000V
  10.    Active Front End Drives Market – By Power Range
      10.1.    Micro (0-1 MVA)
      10.2.    Low (1-5 MVA)
      10.3.    Medium (5-10 MVA)
      10.4.    High (>10 MVA)
  11.    Active Front End Drives Market – By Sales Channel
      11.1.    Direct Sales
      11.2.    Distributors and Dealers
      11.3.    Online Sales
  12.    Active Front End Drives Market – By Application
      12.1.    Actuators
      12.2.    Fans 
      12.3.    Pumps
      12.4.    Ventilators
      12.5.    Compressors
      12.6.    Conveyors
      12.7.    Cranes
      12.8.    Mixers, Centrifuges, Agitators
      12.9.    Others
  13.    Active Front End Drives Market – By End-User
      13.1.    Power Generation 
      13.2.    Marine
      13.3.    Oil & Gas
      13.4.    Water & Wastewater
      13.5.    Power Generation
      13.6.    Mining
      13.7.    Chemicals
      13.8.    HVAC
      13.9.    Food & Beverage
  14.    Active Front End Drives Market – By Geography
      14.1.    North America
            14.1.1.    U.S
            14.1.2.    Canada
            14.1.3.    Mexico
      14.2.    South America
            14.2.1.    Brazil
            14.2.2.    Argentina
            14.2.3.    Chile
            14.2.4.    Colombia
            14.2.5.    Others
      14.3.    Europe
            14.3.1.    Germany
            14.3.2.    France
            14.3.3.    UK
            14.3.4.    Italy
            14.3.5.    Spain
            14.3.6.    Russia
            14.3.7.    Netherlands
            14.3.8.    Others
      14.4.    APAC
            14.4.1.    China
            14.4.2.    Japan
            14.4.3.    South Korea
            14.4.4.    India
            14.4.5.    Australia
            14.4.6.    Indonesia
            14.4.7.    Malaysia
            14.4.8.    Others
      14.5.    RoW
            14.5.1.    Middle East
            14.5.2.    Africa
  15.    Active Front End Drives Market – Entropy
      15.1.    New Product Launches
      15.2.    M&As, Collaborations, JVs and Partnerships
  16.     Active Front End Drives Market – Industry/Segment Competition Landscape 
      16.1.    Company Benchmarking Matrix – Major Companies (Top 10 US Companies) 
      16.2.    Market Share at US Level - Major companies (10 Companies at US Level
      16.3.    Market Share by Derivatives - Major companies (5 Companies per Form/will be provided for major derivatives)
      16.4.    Market Share by Component - Major companies (5 Companies per Component)
  17.    Active Front End Drives Market – Key Company List by Country Premium 
  18.     Active Front End Drives Market – Company Analysis
      18.1.    Siemens AG 
      18.2.    ABB Ltd. 
      18.3.    Delta Electronics, Inc.
      18.4.    Danfoss 
      18.5.    Rockwell Automation 
      18.6.    Yaskawa Electric Corporation 
      18.7.    Toshiba International Corporation
      18.8.    Fuji Electric Co., Ltd. 
      18.9.    Eaton Corporation
      18.10.    Omron Corporation
  
●    "Financials to the Private Companies would be provided on best-effort basis."

The Active Front End Drives Market is projected to grow at 5.5% CAGR during the forecast period 2024-2030.

Active Front End Drives Market size is estimated to surpass $7.6 billion by 2030 from 5.22 billion in 2023

The leading players in the Active Front End Drives Market are Siemens AG, ABB Ltd., Delta Electronics, Inc., Danfoss, Rockwell Automation, Yaskawa Electric Corporation, Toshiba International Corporation, Fuji Electric Co., Ltd., Eaton Corporation, Omron Corporation and others.

One of the primary trends in AFE drives is the emphasis on energy efficiency and the ability to regenerate power. Unlike traditional diode- or thyristor-based rectifiers, AFE drives can convert AC to DC and vice versa with high efficiency.

Energy Efficiency and Power Quality Improvement, Regenerative Braking and Energy Recovery and Enhanced Control and Flexibility are some of the driving factors of the market. Moreover, increasing focus on vehicle safety among the factors opportunities of the market growth.