openPR Logo
Press release

Variable Frequency Drive (VFD) Market - Expeditious Growth in Infrastructure 2025

06-26-2018 12:55 PM CET | Energy & Environment

Press release from: TMR Research

/ PR Agency: TMR Research
Variable Frequency Drive (VFD) Market - Expeditious Growth

Global Variable Frequency Drive (VFD) Market: Overview

Also known as speed variable drive, AC drive, adjustable speed drive, microdrive, and inverter, variable frequency drives (VFDs) are used in electro-mechanical drive systems as motor controllers by varying the frequency and voltage supplied to an electric motor. Depending upon the application, the VFD can ramp up or ramp down the voltage and frequency so as to meet the needs of the electric motor’s speed.

Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1976

The global variable frequency drive market can be segmented based on end user, application, voltage, and geographical region. By end-use industries, pulp and papers, oil and gas, mining and metals, food processing, and automotive industries are the key segments of the global market for variable frequency drives.

Global Variable Frequency Drive (VFD) Market: Key Trends

The emergence of Industrial Internet of Things (IIoT) has brought about the development of advanced VFD technologies that make fans, pumps, ACs, and other devices smarter. Effecting efficiency, these devices can boost the production rate via fewer errors. Lower maintenance costs and high lifespan of equipment that deploy variable frequency drives are some other benefits of these devices.

As these devices are capable of significantly reducing energy costs, consequently bringing down the cost of production, the demand for variable frequency drives will increase substantially. Moreover, as no other method of AC electric motor control can harmonize the speed of the motor with the load requirement, the market will witness a further impetus.

On the other hand, vulnerability of smart variable frequency drives to cyber-attacks might impede the growth of the market. However, the impact of this restraint will be nullified by the emergence of cutting-edge VFD technologies.

Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1976

Global Variable Frequency Drive (VFD) Market: Market Potential

Product innovations, mergers, acquisitions, collaborations, and partnerships are being increasingly adopted by a number of market players. For instance, in March 2016, Ideal Power Inc. announced the successful testing and demonstration of its new variable frequency drive that uses its patented Power Packet Switching Architecture (PPSA). The new VFDs are apt at controlling the speed of electric motors used across numerous products such as conveyor motors, pumps, HVAC blowers and compressors, and cranes.

Similarly, in July 2016, a new family of VFDs for pumps that supply continuous water pressure throughout the selected location was introduced by Franklin Electric Co., Inc.

Global Variable Frequency Drive (VFD) Market: Regional Outlook

The changing regulatory policies and new legislations in different countries of Europe have been fuelling the market in this region. The North America market is expected to hold a major share of the global market thanks to the deployment of VFDs across several industries such as HVAC, packaging, pumping, and machinery equipment. Initiatives aimed at the reduction of carbon emissions and energy footprint by regions such as California have also been aiding growth.

The expeditious growth in infrastructure and urbanization backed by the propitious industrial development in several countries of Asia Pacific are likely to station the region at the fore during the forecast period. Latin America appears to be the fastest growing region. The Middle East and Africa (MEA) is also slated for considerable expansion.

Global Variable Frequency Drive (VFD) Market: Competitive Analysis

Several manufacturers are receiving orders for their variable frequency drives. For instance, in March 2017, WE Tech Solutions, a prominent provider of energy efficient solutions, received an order for its permanent magnet shaft generator solution from the China State Shipbuilding Corporation (CSS). Likewise, Simark Controls Ltd., a leading supplier of hybrid power solutions to the mobile and stationary power generation markets, entered an agreement with an oil producer based in Alberta under which it will deliver its variable frequency drive systems to the oil producer.

Read Comprehensive Overview of Report @
https://www.tmrresearch.com/variable-frequency-drive-market

Some of the major companies operating in the global market for variable frequency drive market are WEG, Mitsubishi Electric Corporation, Siemens AG, General Electric, Fuji Electric Co., Ltd., Rockwell Automation, Inc., ABB Ltd., Crompton Greaves, Emerson Electric Co., and Danfoss.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Variable Frequency Drive (VFD) Market - Expeditious Growth in Infrastructure 2025 here

News-ID: 1098266 • Views: 377

More Releases from TMR Research

Horticulture Lighting Market – Scope, Complete Overview, Drivers and Restraint …
Introduction: Horticulture lighting is a system specially designed for providing spectrum and intensity of light to ensure efffective growth of plants such as crops, fruits, vegetables and flowers. It allows the cultivation of plants without any daylight by provision of artificial light for photosynthesis . It stimulates the growth of plants by tuning the light according to the requirement of LED lighting that boosts the crop yield throughout the year. Horticulture
MENA Point Of Use Water Purifiers Market Qualitative Insights On Application 203 …
MENA Point of Use Water Purifiers Market: Overview The rising awareness among consumers about the inconsistent water available for drinking is a prominent factor boosting the global MENA point of use water purifiers market during the forecast period, 2020 to 2030. Point of use water purifiers are simple, easy to use, and are compact in size, thus acting as a key factor aiding in expansion of the global market in the
Lions Mane Mushroom Extract Market (2019-2029) |Multiple Health Benefits To Shoo …
Global Lions Mane Mushroom Extract market: Overview Lion’s mane mushrooms go by the scientific name of hericium erinaceus and are widely regarded as a medicinal mushroom. It has for long been used in traditional Chinese medicines and can be found in the form of a supplement widely. Research has proved that these mushrooms contain many health boosting products, including beta-glucan and antioxidants. These mushrooms are rich source of nutrition and contain
Plant-Based Protein Market (2019-2029) | North America Is Forecasted To Come Up …
Global Plant-based Protein Market: Overview Plant protein refers to a significant source of protein that comes from plants. This source of protein can be peas, certain grains, seeds, nuts, seitan, tempeh, soya, tofu, and pulses. Of these, pulses come from a large group of plants, including split peas, lentils, chickpeas, and beans. Beans comprise adzuki, kidney, and black beans. The global plant-based protein market is likely is estimated to witness considerable

All 5 Releases


More Releases for VFD

Global Vacuum Fluorescent Displays (VFD) Market Insights Forecast Report 2025
The Vacuum Fluorescent Displays (VFD) market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Vacuum Fluorescent Displays (VFD). sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=125490 Table of Contents 1 Study Coverage
Variable Frequency Drive (VFD) Market Aggrandize Share by 2025
Global Variable Frequency Drive (VFD) Market: Overview Also known as speed variable drive, AC drive, adjustable speed drive, microdrive, and inverter, variable frequency drives (VFDs) are used in electro-mechanical drive systems as motor controllers by varying the frequency and voltage supplied to an electric motor. Depending upon the application, the VFD can ramp up or ramp down the voltage and frequency so as to meet the needs of the electric
Variable Frequency Drive (VFD) Market : Evolving Market Trends & Dynamics 2025
Global Variable Frequency Drive (VFD) Market: Overview Also known as speed variable drive, AC drive, adjustable speed drive, microdrive, and inverter, variable frequency drives (VFDs) are used in electro-mechanical drive systems as motor controllers by varying the frequency and voltage supplied to an electric motor. Depending upon the application, the VFD can ramp up or ramp down the voltage and frequency so as to meet the needs of the electric
High Voltage VFD Market Trends and Opportunities 2017
Market Research Report on High Voltage VFD Industry providing Global Market Landscape and its Growth Prospects over the coming years till 2022 is now available at ReportsWeb.com. This report studies High Voltage VFD (Variable-Frequency Drive) in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on
Variable Frequency Drive (VFD) Market: Industry Survey and Outlook 2025
Global Variable Frequency Drive (VFD) Market: Overview Also known as speed variable drive, AC drive, adjustable speed drive, microdrive, and inverter, variable frequency drives (VFDs) are used in electro-mechanical drive systems as motor controllers by varying the frequency and voltage supplied to an electric motor. Depending upon the application, the VFD can ramp up or ramp down the voltage and frequency so as to meet the needs of the electric
Global Vacuum Fluorescent Displays (VFD) Sales Market Report 2017
Summary This report studies sales (consumption) of Vacuum Fluorescent Displays (VFD) in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Industrial Electronic Engineers (IEE) Noritake Texas Instruments Maxim Integrated Panasonic Matrix Orbital Newhaven Display Futaba Corporation Adafruit Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate