Global Low Voltage Drives Market Status and Future Forecast Report 2015-2025
Report ID: 379795 | Jan 2020 | No. of Pages: 120 |
Snapshot
The global Low Voltage Drives market size is estimated at xxx million USD with a CAGR xx% from 2015-2019 and is expected to reach xxx Million USD in 2020 with a CAGR xx% from 2020 to 2025. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Low Voltage Drives by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
By Capacity
0.75 - 2.1 kW
2.2 - 7.4 kW
7.5 - 45 kW
46 - 75 kW
76 - 110 kW
111 - 375 kW
> 375 kW
By Efficiency Class
IE 1 Low Voltage Drives
IE 2 Low Voltage Drives
IE 3 Low Voltage Drives
IE 4 Low Voltage Drives
DC Low Voltage Drives
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
ABB Ltd.
Schneider Electric
Siemens Ltd
Rockwell Automation
Danfoss A/S
YASKAWA Electric Corp.
SEW Eurodrive GMBH & Co.KG
Nidec Control Techniques Ltd.
KEB Automation KG
General Electric Co.
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Food and Beverage
Manufacturing
Water & Wastewater
Commercial HVAC
Power Generation
Metallurgy
Infrastructure
Automotive
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Table of Content

1 Industry Overview
1.1 Low Voltage Drives Industry
Figure Low Voltage Drives Industry Chain Structure
1.1.1 Overview
1.1.2 Development of Low Voltage Drives
1.2 Market Segment
1.2.1 Upstream
Table Upstream Segment of Low Voltage Drives
1.2.2 Downstream
Table Application Segment of Low Voltage Drives
Table Global Low Voltage Drives Market 2015-2025, by Application, in USD Million
1.3 Cost Analysis
2 Industry Environment (PEST Analysis)
2.1 Policy
2.2 Economics
2.3 Sociology
2.4 Technology
3 Low Voltage Drives Market by Capacity
3.1 By Capacity
3.1.1 0.75 - 2.1 kW
Table Major Company List of 0.75 - 2.1 kW
3.1.2 2.2 - 7.4 kW
Table Major Company List of 2.2 - 7.4 kW
3.1.3 7.5 - 45 kW
Table Major Company List of 7.5 - 45 kW
3.1.4 46 - 75 kW
Table Major Company List of 46 - 75 kW
3.1.5 76 - 110 kW
Table Major Company List of 76 - 110 kW
3.1.6 111 - 375 kW
Table Major Company List of 111 - 375 kW
3.1.7 > 375 kW
Table Major Company List of > 375 kW
3.2 By Efficiency Class
3.2.1 IE 1 Low Voltage Drives
Table Major Company List of IE 1 Low Voltage Drives
3.2.2 IE 2 Low Voltage Drives
Table Major Company List of IE 2 Low Voltage Drives
3.2.3 IE 3 Low Voltage Drives
Table Major Company List of IE 3 Low Voltage Drives
3.2.4 IE 4 Low Voltage Drives
Table Major Company List of IE 4 Low Voltage Drives
3.2.5 DC Low Voltage Drives
Table Major Company List of DC Low Voltage Drives
3.3 Market Size
Table Global Low Voltage Drives Market 2015-2019, by Capacity, in USD Million
Figure Global Low Voltage Drives Market Growth 2015-2019, by Capacity, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Capacity, in Volume
Figure Global Low Voltage Drives Market Growth 2015-2019, by Capacity, in Volume
Table Global Low Voltage Drives Market 2015-2019, by Efficiency Class, in USD Million
Figure Global Low Voltage Drives Market Growth 2015-2019, by Efficiency Class, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Efficiency Class, in Volume
Figure Global Low Voltage Drives Market Growth 2015-2019, by Efficiency Class, in Volume
3.4 Market Forecast
Table Global Low Voltage Drives Market Forecast 2020-2025, by Capacity, in USD Million
Table Global Low Voltage Drives Market Forecast 2020-2025, by Capacity, in Volume
Table Global Low Voltage Drives Market Forecast 2020-2025, by Efficiency Class, in USD Million
Table Global Low Voltage Drives Market Forecast 2020-2025, by Efficiency Class, in Volume
4 Major Companies List
4.1 ABB Ltd. (Company Profile, Sales Data etc.)
4.1.1 ABB Ltd. Profile
Table ABB Ltd. Overview List
4.1.2 ABB Ltd. Products & Services
4.1.3 ABB Ltd. Business Operation Conditions
Table Business Operation of ABB Ltd. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.2 Schneider Electric (Company Profile, Sales Data etc.)
4.2.1 Schneider Electric Profile
Table Schneider Electric Overview List
4.2.2 Schneider Electric Products & Services
4.2.3 Schneider Electric Business Operation Conditions
Table Business Operation of Schneider Electric (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.3 Siemens Ltd (Company Profile, Sales Data etc.)
4.3.1 Siemens Ltd Profile
Table Siemens Ltd Overview List
4.3.2 Siemens Ltd Products & Services
4.3.3 Siemens Ltd Business Operation Conditions
Table Business Operation of Siemens Ltd (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.4 Rockwell Automation (Company Profile, Sales Data etc.)
4.4.1 Rockwell Automation Profile
Table Rockwell Automation Overview List
4.4.2 Rockwell Automation Products & Services
4.4.3 Rockwell Automation Business Operation Conditions
Table Business Operation of Rockwell Automation (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.5 Danfoss A/S (Company Profile, Sales Data etc.)
4.5.1 Danfoss A/S Profile
Table Danfoss A/S Overview List
4.5.2 Danfoss A/S Products & Services
4.5.3 Danfoss A/S Business Operation Conditions
Table Business Operation of Danfoss A/S (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.6 YASKAWA Electric Corp. (Company Profile, Sales Data etc.)
4.6.1 YASKAWA Electric Corp. Profile
Table YASKAWA Electric Corp. Overview List
4.6.2 YASKAWA Electric Corp. Products & Services
4.6.3 YASKAWA Electric Corp. Business Operation Conditions
Table Business Operation of YASKAWA Electric Corp. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.7 SEW Eurodrive GMBH & Co.KG (Company Profile, Sales Data etc.)
4.7.1 SEW Eurodrive GMBH & Co.KG Profile
Table SEW Eurodrive GMBH & Co.KG Overview List
4.7.2 SEW Eurodrive GMBH & Co.KG Products & Services
4.7.3 SEW Eurodrive GMBH & Co.KG Business Operation Conditions
Table Business Operation of SEW Eurodrive GMBH & Co.KG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.8 Nidec Control Techniques Ltd. (Company Profile, Sales Data etc.)
4.8.1 Nidec Control Techniques Ltd. Profile
Table Nidec Control Techniques Ltd. Overview List
4.8.2 Nidec Control Techniques Ltd. Products & Services
4.8.3 Nidec Control Techniques Ltd. Business Operation Conditions
Table Business Operation of Nidec Control Techniques Ltd. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.9 KEB Automation KG (Company Profile, Sales Data etc.)
4.9.1 KEB Automation KG Profile
Table KEB Automation KG Overview List
4.9.2 KEB Automation KG Products & Services
4.9.3 KEB Automation KG Business Operation Conditions
Table Business Operation of KEB Automation KG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.10 General Electric Co. (Company Profile, Sales Data etc.)
4.10.1 General Electric Co. Profile
Table General Electric Co. Overview List
4.10.2 General Electric Co. Products & Services
4.10.3 General Electric Co. Business Operation Conditions
Table Business Operation of General Electric Co. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
5 Market Competition
5.1 Company Competition
Table Global Low Voltage Drives Sales Revenue 2015-2019, by Company, in USD Million
Table Global Low Voltage Drives Sales Revenue Share 2015-2019, by Company, in USD Million
Figure Global Low Voltage Drives Sales Revenue Share in 2019, by Company, in USD Million
Table Global Low Voltage Drives Sales Volume 2015-2019, by Company, in Volume
Table Global Low Voltage Drives Sales Volume Share 2015-2019, by Company, in Volume
Figure Global Low Voltage Drives Sales Volume Share in 2019, by Company, in Volume
5.2 Regional Market by Company
Figure North America Low Voltage Drives Market Concentration, in 2019
Figure Europe Low Voltage Drives Market Market Concentration, in 2019
Figure Asia-Pacific Low Voltage Drives MMarket Concentration, in 2019
Figure South America Low Voltage Drives Market Concentration, in 2019
Figure Middle East & Africa Low Voltage Drives Market Concentration, in 2019
6 Demand by End Market
6.1 Demand Situation
6.1.1 Demand in Food and Beverage
Figure Low Voltage Drives Demand in Food and Beverage, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Food and Beverage, 2015-2019, in Volume
6.1.2 Demand in Manufacturing
Figure Low Voltage Drives Demand in Manufacturing, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Manufacturing, 2015-2019, in Volume
6.1.3 Demand in Water & Wastewater
Figure Low Voltage Drives Demand in Water & Wastewater, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Water & Wastewater, 2015-2019, in Volume
6.1.4 Demand in Commercial HVAC
Figure Low Voltage Drives Demand in Commercial HVAC, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Commercial HVAC, 2015-2019, in Volume
6.1.5 Demand in Power Generation
Figure Low Voltage Drives Demand in Power Generation, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Power Generation, 2015-2019, in Volume
6.1.6 Demand in Metallurgy
Figure Low Voltage Drives Demand in Metallurgy, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Metallurgy, 2015-2019, in Volume
6.1.7 Demand in Infrastructure
Figure Low Voltage Drives Demand in Infrastructure, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Infrastructure, 2015-2019, in Volume
6.1.8 Demand in Automotive
Figure Low Voltage Drives Demand in Automotive, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Automotive, 2015-2019, in Volume
6.2 Regional Demand Comparison
Table Regional Demand Comparison List
Table Major Application in Different Regions
6.3 Demand Forecast
Table Low Voltage Drives Demand Forecast 2020-2025, by Application, in USD Million
Figure Low Voltage Drives Market Growth 2020-2025, by Application, in USD Million
Figure Low Voltage Drives Market Share in 2025, by Application, in USD Million
Table Low Voltage Drives Demand Forecast 2020-2025, by Application, in Volume
Table Low Voltage Drives Market Growth 2020-2025, by Application, in Volume
Table Low Voltage Drives Market Share in 2025, by Application, in Volume
7 Region Operation
7.1 Regional Production
Table Low Voltage Drives Production 2015-2019, by Region, in USD Million
Table Low Voltage Drives Production 2015-2019, by Region, in Volume
7.2 Regional Market
Table Global Low Voltage Drives Market 2015-2019, by Region, in USD Million
Table Global Low Voltage Drives Market Share 2015-2019, by Region, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Region, in Volume
Table Global Low Voltage Drives Market Share 2015-2019, by Region, in Volume
7.3 by Region
7.3.1 North America
7.3.1.1 Overview
Figure North America Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure North America Low Voltage Drives Market Size and Growth 2015-2019, in Volume
7.3.1.2 by Country (U.S., Canada, Mexico)
Table North America Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table North America Low Voltage Drives Market Size 2015-2019, by Country, in Volume
7.3.2 Europe
7.3.2.1 Overview
Figure Europe Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Europe Low Voltage Drives Market Size and Growth 2015-2019, in Volume
7.3.2.2 by Country (Germany, U.K., France, Italy, Russia, Spain etc.)
Table Europe Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Europe Low Voltage Drives Market Size 2015-2019, by Country, in Volume
7.3.3 Asia-Pacific
7.3.3.1 Overview
Figure Asia-Pacific Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Asia-Pacific Low Voltage Drives Market Size and Growth 2015-2019, in Volume
7.3.3.2 by Country (China, India, Japan, Southeast Asia etc.)
Table Asia-Pacific Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Asia-Pacific Low Voltage Drives Market Size 2015-2019, by Country, in Volume
7.3.4 South America
7.3.4.1 Overview
Figure South America Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure South America Low Voltage Drives Market Size and Growth 2015-2019, in Volume
7.3.4.2 by Country (Brazil, Argentina etc.)
Table South America Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table South America Low Voltage Drives Market Size 2015-2019, by Country, in Volume
7.3.5 Middle East & Africa
7.3.5.1 Overview
Figure Middle East & Africa Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Middle East & Africa Low Voltage Drives Market Size and Growth 2015-2019, in Volume
7.3.5.2 by Country (Saudi Arabia, South Africa etc.)
Table Middle East & Africa Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Middle East & Africa Low Voltage Drives Market Size 2015-2019, by Country, in Volume
7.4 Regional Import & Export
7.5 Regional Forecast
Table Low Voltage Drives Market Forecast 2020-2025, by Region, in USD Million
Table Low Voltage Drives Market Forecast 2020-2025, by Region, in Volume
8 Marketing & Price
8.1 Price and Margin
8.1.1 Price Trends
8.1.2 Factors of Price Change
Table Price Factors List
8.1.3 Manufacturers Gross Margin Analysis
8.2 Marketing Channel
Figure Marketing Channels Overview
9 Research Conclusion

List of Table

List of Table

Table Upstream Segment of Low Voltage Drives
Table Application Segment of Low Voltage Drives
Table Global Low Voltage Drives Market 2015-2025, by Application, in USD Million
Table Major Company List of 2.2 - 7.4 kW
Table Major Company List of 7.5 - 45 kW
Table Major Company List of 46 - 75 kW
Table Major Company List of 76 - 110 kW
Table Major Company List of 111 - 375 kW
Table Major Company List of > 375 kW
Table Major Company List of IE 1 Low Voltage Drives
Table Major Company List of IE 2 Low Voltage Drives
Table Major Company List of IE 3 Low Voltage Drives
Table Major Company List of IE 4 Low Voltage Drives
Table Major Company List of DC Low Voltage Drives
Table Global Low Voltage Drives Market 2015-2019, by Capacity, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Capacity, in Volume
Table Global Low Voltage Drives Market 2015-2019, by Efficiency Class, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Efficiency Class, in Volume
Table Global Low Voltage Drives Market Forecast 2020-2025, by Capacity, in USD Million
Table Global Low Voltage Drives Market Forecast 2020-2025, by Capacity, in Volume
Table Global Low Voltage Drives Market Forecast 2020-2025, by Efficiency Class, in USD Million
Table Global Low Voltage Drives Market Forecast 2020-2025, by Efficiency Class, in Volume
Table ABB Ltd. Overview List
Table Business Operation of ABB Ltd. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Schneider Electric Overview List
Table Business Operation of Schneider Electric (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Siemens Ltd Overview List
Table Business Operation of Siemens Ltd (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Rockwell Automation Overview List
Table Business Operation of Rockwell Automation (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Danfoss A/S Overview List
Table Business Operation of Danfoss A/S (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table YASKAWA Electric Corp. Overview List
Table Business Operation of YASKAWA Electric Corp. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table SEW Eurodrive GMBH & Co.KG Overview List
Table Business Operation of SEW Eurodrive GMBH & Co.KG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Nidec Control Techniques Ltd. Overview List
Table Business Operation of Nidec Control Techniques Ltd. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table KEB Automation KG Overview List
Table Business Operation of KEB Automation KG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table General Electric Co. Overview List
Table Business Operation of General Electric Co. (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Global Low Voltage Drives Sales Revenue 2015-2019, by Company, in USD Million
Table Global Low Voltage Drives Sales Revenue Share 2015-2019, by Company, in USD Million
Table Global Low Voltage Drives Sales Volume 2015-2019, by Company, in Volume
Table Global Low Voltage Drives Sales Volume Share 2015-2019, by Company, in Volume
Table Regional Demand Comparison List
Table Major Application in Different Regions
Table Low Voltage Drives Demand Forecast 2020-2025, by Application, in USD Million
Table Low Voltage Drives Demand Forecast 2020-2025, by Application, in Volume
Table Low Voltage Drives Market Growth 2020-2025, by Application, in Volume
Table Low Voltage Drives Market Share in 2025, by Application, in Volume
Table Low Voltage Drives Production 2015-2019, by Region, in USD Million
Table Low Voltage Drives Production 2015-2019, by Region, in Volume
Table Global Low Voltage Drives Market 2015-2019, by Region, in USD Million
Table Global Low Voltage Drives Market Share 2015-2019, by Region, in USD Million
Table Global Low Voltage Drives Market 2015-2019, by Region, in Volume
Table Global Low Voltage Drives Market Share 2015-2019, by Region, in Volume
Table North America Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table North America Low Voltage Drives Market Size 2015-2019, by Country, in Volume
Table Europe Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Europe Low Voltage Drives Market Size 2015-2019, by Country, in Volume
Table Asia-Pacific Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Asia-Pacific Low Voltage Drives Market Size 2015-2019, by Country, in Volume
Table South America Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table South America Low Voltage Drives Market Size 2015-2019, by Country, in Volume
Table Middle East & Africa Low Voltage Drives Market Size 2015-2019, by Country, in USD Million
Table Middle East & Africa Low Voltage Drives Market Size 2015-2019, by Country, in Volume
Table Low Voltage Drives Market Forecast 2020-2025, by Region, in USD Million
Table Low Voltage Drives Market Forecast 2020-2025, by Region, in Volume
Table Price Factors List

List of Figure

Figure Low Voltage Drives Industry Chain Structure
Figure Global Low Voltage Drives Market Growth 2015-2019, by Capacity, in USD Million
Figure Global Low Voltage Drives Market Growth 2015-2019, by Capacity, in Volume
Figure Global Low Voltage Drives Market Growth 2015-2019, by Efficiency Class, in USD Million
Figure Global Low Voltage Drives Market Growth 2015-2019, by Efficiency Class, in Volume
Figure Global Low Voltage Drives Sales Revenue Share in 2019, by Company, in USD Million
Figure Global Low Voltage Drives Sales Volume Share in 2019, by Company, in Volume
Figure North America Low Voltage Drives Market Concentration, in 2019
Figure Europe Low Voltage Drives Market Market Concentration, in 2019
Figure Asia-Pacific Low Voltage Drives MMarket Concentration, in 2019
Figure South America Low Voltage Drives Market Concentration, in 2019
Figure Middle East & Africa Low Voltage Drives Market Concentration, in 2019
Figure Low Voltage Drives Demand in Food and Beverage, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Food and Beverage, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Manufacturing, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Manufacturing, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Water & Wastewater, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Water & Wastewater, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Commercial HVAC, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Commercial HVAC, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Power Generation, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Power Generation, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Metallurgy, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Metallurgy, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Infrastructure, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Infrastructure, 2015-2019, in Volume
Figure Low Voltage Drives Demand in Automotive, 2015-2019, in USD Million
Figure Low Voltage Drives Demand in Automotive, 2015-2019, in Volume
Figure Low Voltage Drives Market Growth 2020-2025, by Application, in USD Million
Figure Low Voltage Drives Market Share in 2025, by Application, in USD Million
Figure North America Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure North America Low Voltage Drives Market Size and Growth 2015-2019, in Volume
Figure Europe Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Europe Low Voltage Drives Market Size and Growth 2015-2019, in Volume
Figure Asia-Pacific Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Asia-Pacific Low Voltage Drives Market Size and Growth 2015-2019, in Volume
Figure South America Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure South America Low Voltage Drives Market Size and Growth 2015-2019, in Volume
Figure Middle East & Africa Low Voltage Drives Market Size and Growth 2015-2019, in USD Million
Figure Middle East & Africa Low Voltage Drives Market Size and Growth 2015-2019, in Volume
Figure Marketing Channels Overview

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments

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