Variable Frequency Drive Market 2018 Global Industry Analysis by Top Key Players Focusing on Industry Growth Strategies: BB Ltd., Siemens AG , Rockwell Automation, Inc. , WEG, Yaskawa Electric Corporation and Eaton Corporation Plc.

Market Highlights;-

Rising industrialization and increasing construction of infrastructure and buildings are factors that drive the market for VFD. In the developing countries such as India, Indonesia, China, Nigeria, South Africa, there is high demand for infrastructure to meet the demand for industrialization and urbanization. This has resulted into higher FDI investments in infrastructure projects. According to IBEF, in India, total foreign direct investment in the construction sector including infrastructure sector reached USD 12.3 billion by the end of 2017. Along with this, there has been high demand for VFD owing to energy efficiency, which has been mandatory for manufacturers, offices, industries and commercial buildings.

With increasing demand for the appliances owing to rising infrastructure and buildings, the demand for energy efficient devices has increased. Besides, governments in various nations are promoting energy efficiency through technologically advanced devices and cutting cost for energy. For an instance, in 2015, China government has enacted Energy Efficiency Leader Scheme, which aims to provide incentives to those manufacturers, or builders that exceed efficiency benchmarks that are already set by China Energy Label. This will increase the market size of energy efficient systems and thus, variable frequency drive market will be benefitted.

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Industry Top Key Players:-
• ABB Ltd.
• Siemens AG
• Rockwell Automation, Inc.
• WEG
• Yaskawa Electric Corporation
• Eaton Corporation Plc.
• General Electric
• Emerson Electric Co.
• Hitachi, Ltd.
• Schneider Electric
• Honeywell International

Table Of Content:-
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis

4 Global Variable Frequency Drive Market, By Type
4.1 AC
4.2 DC
4.3 Servo
To be continued......

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Global Variable Frequency Drive Market Analysis:-
The VFD market is expected to expand at a phenomenal pace during the forecast period owing to automation in power industry and increasing infrastructure sector. Asia Pacific region is expected to dominate the market share in the variable frequency drive market. China, India, South Korea, Japan, and Indonesia are the fastest growing nations, which are the largest markets for infrastructure and industrial sectors. Industries including oil & gas, metals, and mining are adopting the drives to reduce the energy consumption and to limit the CO2 emission. The Middle East region will follow the Asia Pacific region in variable frequency drive market by virtue of rising construction industry. In Europe region, the progressing automotive sector is expected to lead the market growth.

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