Press release
Variable Frequency Drive Market- Global Industry Analysis and Opportunity Assessment 2018-2025
The Insight Partners
Rising energy prices across several regions has escalated the demand for efficient motor controls thereby driving the market for VFD. Further, with an aim to reduce overall energy consumption, operation engineers are continuously focusing towards the deployment of advanced variable frequency drives. Emergence of new application areas leveraging the benefits of low operation cost with deployment of VFD is also expected to create fortunate revenue opportunities in the global variable frequency drive market. Advancement in VFD to support integration of variable frequency drives with existing motor is also increasing the adoption. This trend is more pronounced in North America as end - users there are more aware regarding the benefits of VFD in such applications.
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The objectives of this report are as follows:
- To provide overview of the global Variable Frequency Drive market
- To analyze and forecast the global Variable Frequency Drive market on the basis of Product Type, Voltage Rating, Application and End - use Industry.
- To provide market size and forecast till 2025 for overall Variable Frequency Drive market with respect to five major regions
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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Segmentations Covered in the Variable Frequency Drive market:
Overview: Variable Frequency Drive market – By Product Type, By Application, By End User Industry, By Region,By Voltage Rating
Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Variable Frequency Drive market:
1. Fuji Electric Co., Ltd
2. Mitsubishi Electric Corporation
3. Siemens AG
4. ABB Ltd.
5. American Electric Technologies Inc. (AETI)
About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Email: sales@theinsightpartners.com
Organization: The Insight Partners
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