openPR Logo
Press release

Variable Frequency Drive (VFD) Market to receive overwhelming hike in Revenues by 2026

07-02-2018 10:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xplore Market Research

Variable Frequency Drive (VFD) Market to receive overwhelming

FMI study offers a 10-year forecast of the global variable frequency drive market between 2016 and 2026. In terms of value and volume, the market is expected to expand at a CAGR of 7. 2% and 8.5%, respectively, during the projected period. The study demonstrates the market dynamics and trends in all the seven regions, which are expected to influence the current nature and future status of the variable frequency drive market over the forecast period.

Report overview @ https://www.xploremr.com/report/1221/variable-frequency-drive-market

Report Description

In this report, Future Market Insights analyses the global variable frequency drive market for the period 2016 – 2026. The primary objective of the report is to offer updates on the advancements in the global variable frequency drive market.

Escalating energy prices have raised the need for energy-efficient motor control systems. With the aim of reducing energy consumption, process engineers and other executives managing the operation department are getting increasingly inclined towards deployment of variable frequency drives (or variable speed drive). The global market for variable frequency drive is anticipated to witness considerable growth in the coming years.

In recent years, technological advancements in variable frequency drives have led to the minimisation of the overall weight of drive. Also, emergence of new application areas and advantages of VFD, such as reduction in operational cost of electric motors, are factors expected to create favourable growth opportunities for vendors operating in the global VFD market over the projection period.

In the next section, FMI analyses the VFD market performance on the basis of the global market revenue and volume split, since this is essential in understanding the growth potential of the variable frequency drive market. Besides, this section includes FMI’s analysis of the key trends, drivers and restraints from the supply, economic and demand side, which are influencing growth of the variable frequency drive market currently. Impact analysis of the key growth drivers and restraints, based on the weighted average model, is included in the report to better equip and arm clients with crystal clear decision-making insights.

As highlighted earlier, the variable frequency drive market is an aggregation of various drive type (includes AC, DC and Servo variable frequency drive), voltage range (includes low and medium voltage range), application type (standard and regenerative application type), end-use application (includes pump, fan, compressor, conveyor, HVAC and other applications) and end-use industry (oil & gas, food processing, automotive, mining & metals, pulp & papers, and other end-use industries) segments. All these segments are included in this section to make the study more comprehensive.

The next section of the report includes analysis of the variable frequency drive market by region. It provides a market outlook for 2016 – 2026 and sets the forecast within the context of the variable frequency drive market ecosystem. This study discusses the key regional trends contributing to the growth of the variable frequency drive market on a worldwide basis, as well as analyses the degree at which the global drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan as a separate region and the Middle East and Africa (MEA).

Get a free sample request @ https://www.xploremr.com/connectus/sample/1221

All the above sections, by drive type, by voltage range, by application type, by end-use application, by end-use industry and by region, evaluate the present scenario and the growth prospects in the variable frequency drive market for the period 2016 – 2026. We have considered 2014 as the base year and provided data for the trailing 12 months.

To calculate the variable frequency drive market size, we have considered the overall revenue generated from the sales of variable frequency drives across the various regions. The forecast presented here assesses the total revenue, by value, generated across the variable frequency drive market.

In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the variable frequency drive market would develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analyses, based on supply side, consumer spending and economic envelope.

However, forecasting the market in terms of various variable frequency drive segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities in the variable frequency drive market.

As previously highlighted, the variable frequency drive market is split into a number of segments and sub segments. All the variable frequency drive market segments and sub segments in terms of drive types, voltage range, application types, end-use applications, end-use industries and regions are analysed on the basis of their Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for the identification of various key trends in the global variable frequency drive market.

Another key feature of this report is the analysis of all key variable frequency drive market segments and sub-segments, regional adoption, revenue forecast in terms of absolute dollar and volume forecast in terms of absolute unit. This is traditionally overlooked while forecasting the market. However, absolute dollar and unit opportunity are critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective, present in the variable frequency drive market.

In order to understand the key segments in terms of growth & adoption of VFD across the concerned regions, Future Market Insights developed the VFD market attractiveness index. The resulting index should help providers identify the real market opportunities.

In the final section of the report, the variable frequency drive market competitive landscape is included to provide report audiences with a dashboard view, based on various categories of providers present in the value chain, their VFD product portfolio and key differentiators in the market. Key categories of providers covered in the report are variable frequency drive providers.

This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the variable frequency drive market value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the variable frequency drive market place.

Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the VFD market space. Key competitors covered in the report are Fuji Electric Co. Ltd., Mitsubishi Electric Corporation, Siemens AG, ABB Ltd., American Electric Technologies Inc., General Electric Company, Hitachi Limited, Honeywell International Inc., Rockwell Automation Inc., Johnson Controls Inc., Emerson Industrial Automation, Toshiba International Corporation and Schneider Electric SE.

Key Segments Covered

Variable Frequency Drive Market
Drive Type
AC Drive
DC Drive
Servo Drive
Voltage Range
Medium Voltage
Low Voltage
Application Type
Standard
Regenerative
End-use Application
Pump
Fan
Compressor
Conveyor
HVAC
Others
End-use Industry
Oil & Gas
Food Processing
Automotive
Mining & Metals
Pulp & Paper
Others

Key Regions/Countries Covered

North America
U.S.
Canada
Latin America
Argentina
Brazil
Mexico
Other
Western Europe
Germany
Italy
France
U.K.
Spain
Nordic
Benelux
Other
Eastern Europe
Poland
Russia
Other
Asia-Pacific Excluding Japan (APEJ)
China
India
ASEAN
Australia & New Zealand
Other
Middle East & Africa
GCC
North Africa
South Africa
Other
Japan

Key Companies

Fuji Electric Co. Ltd.
Mitsubishi Electric Corporation
Siemens AG
ABB Ltd.
American Electric Technologies Inc.
General Electric Company
Hitachi Limited
Honeywell International Inc.
Rockwell Automation Inc.
Johnson Controls Inc.
Emerson Industrial Automation
Toshiba International Corporation
Schneider Electric SE

Buy Now Full Report @ https://www.xploremr.com/cart/reports/buynow/1221

About Us
XploreMR is one of the world’s leading resellers of high-quality market research reports. We feature in-depth reports from some of the world’s most reputed market research companies and international organizations. We serve across a broad spectrum – from Fortune 500 to small and medium businesses. Our clients trust us for our unwavering focus onquality and affordability. We believe high price should not be a bottleneck for organizations looking to gain access to quality information.

Contact Us
XploreMR
111 North Market Street, Suite 300
San Jose, CA 95113, United States
Tel: +1-669-284-0108
Email: sales@xploremr.com
Website: https://www.xploremr.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 to receive overwhelming hike in Revenues by 2026 here

News-ID: 1105142 • Views: 273

More Releases from Xplore Market Research

Anti-counterfeit Pharmaceutical Packaging Market Pegged for Robust Expansion Dur …
This report by Future Market Insights on the global anti-counterfeit pharmaceutical packaging market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global anti-counterfeit pharmaceutical packaging market. Report overview @ https://www.xploremr.com/report/1028/anti-counterfeit-pharmaceutical-packaging-market The report is categorically divided into three sections namely, by usage features, by technology and by region, to understand and offer
Pallets Market to Reflect Impressive Growth Rate During 2024
Persistence Market Research analyzes the India Pallets market over an eight year period from 2016 to 2024. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the India Pallets market over the forecast period (2016 - 2024). Report overview @ https://www.xploremr.com/report/977/india-pallets-market The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value
Water Softening Systems Market Set to Witness an Uptick during 2015 to 2025
This report by XploreMR on the ‘Global Water Softening Systems Market’ for the period 2015 - 2025 presents an outlook of the water softening systems market across the globe. The primary objective of the report is to offer updates on the market opportunities in the global water softening systems market. Report overview @ https://www.xploremr.com/report/920/water-softening-systems-market The report provides value (US$ Mn) and volume (units) analysis of the global water softening systems market across
Military Defense Vehicle Intercom System Market to Witness Increase in Revenues …
Fact.MR Report examines global Military Defense Vehicle Intercom System for the forecast period 2017–2027. The prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the military defense vehicle intercom systems market. To understand trends and opportunities in military defense vehicle intercom system market, the report is divided into various segments on the basis of intercom type, transmission power type,

All 5 Releases


More Releases for VFD

Global Vacuum Fluorescent Displays (VFD) Market Insights, Forecast 2025
This report presents the worldwide Vacuum Fluorescent Displays (VFD) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=125490 Table of Contents 1 Study Coverage
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 - Expeditious Growth in Infrastructure 202 …
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 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
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