| Product Code: ETC12687209 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Suriname experienced a shift in the concentration of medium voltage electric drives imports in 2024, with higher concentration among top exporting countries such as China, USA, France, Netherlands, and Germany. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate for the period 2020-2024 remained strong at 8.92%. This data suggests that the market for medium voltage electric drives in Suriname is dynamic and increasingly competitive, with key players vying for market share in the coming years.

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 Suriname Medium Voltage Electric Drives Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Medium Voltage Electric Drives Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Medium Voltage Electric Drives Market - Industry Life Cycle |
3.4 Suriname Medium Voltage Electric Drives Market - Porter's Five Forces |
3.5 Suriname Medium Voltage Electric Drives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Suriname Medium Voltage Electric Drives Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.7 Suriname Medium Voltage Electric Drives Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.8 Suriname Medium Voltage Electric Drives Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Suriname Medium Voltage Electric Drives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of energy-efficient solutions in industrial applications |
4.2.2 Growing investments in infrastructure development projects in Suriname |
4.2.3 Government initiatives promoting the use of medium voltage electric drives in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with medium voltage electric drives |
4.3.2 Lack of skilled workforce for the installation and maintenance of these systems in Suriname |
4.3.3 Limited awareness about the benefits of medium voltage electric drives among end-users |
5 Suriname Medium Voltage Electric Drives Market Trends |
6 Suriname Medium Voltage Electric Drives Market, By Types |
6.1 Suriname Medium Voltage Electric Drives Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By AC Drives, 2021 - 2031F |
6.1.4 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By DC Drives, 2021 - 2031F |
6.1.5 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Servo Drives, 2021 - 2031F |
6.1.6 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Regenerative Drives, 2021 - 2031F |
6.1.7 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Suriname Medium Voltage Electric Drives Market, By Voltage Range |
6.2.1 Overview and Analysis |
6.2.2 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By 1“5 kV, 2021 - 2031F |
6.2.3 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By 6“13 kV, 2021 - 2031F |
6.2.4 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By 23 kV, 2021 - 2031F |
6.2.5 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By 34 kV, 2021 - 2031F |
6.2.6 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By 45 kV, 2021 - 2031F |
6.3 Suriname Medium Voltage Electric Drives Market, By Application Area |
6.3.1 Overview and Analysis |
6.3.2 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.3.3 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By HVAC Systems, 2021 - 2031F |
6.3.4 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Water Treatment, 2021 - 2031F |
6.3.5 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.3.6 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.4 Suriname Medium Voltage Electric Drives Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.3 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.4.5 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Oil and Gas, 2021 - 2031F |
6.4.6 Suriname Medium Voltage Electric Drives Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
7 Suriname Medium Voltage Electric Drives Market Import-Export Trade Statistics |
7.1 Suriname Medium Voltage Electric Drives Market Export to Major Countries |
7.2 Suriname Medium Voltage Electric Drives Market Imports from Major Countries |
8 Suriname Medium Voltage Electric Drives Market Key Performance Indicators |
8.1 Energy savings achieved through the use of medium voltage electric drives |
8.2 Number of infrastructure projects incorporating medium voltage electric drives |
8.3 Growth in the number of trained professionals in medium voltage electric drive technology |
8.4 Percentage increase in government incentives or subsidies for adopting energy-efficient solutions |
8.5 Expansion of the market share of medium voltage electric drives in key industries in Suriname |
9 Suriname Medium Voltage Electric Drives Market - Opportunity Assessment |
9.1 Suriname Medium Voltage Electric Drives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Suriname Medium Voltage Electric Drives Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.3 Suriname Medium Voltage Electric Drives Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.4 Suriname Medium Voltage Electric Drives Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Suriname Medium Voltage Electric Drives Market - Competitive Landscape |
10.1 Suriname Medium Voltage Electric Drives Market Revenue Share, By Companies, 2024 |
10.2 Suriname Medium Voltage Electric Drives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |