Press release
Global Variable Frequency Drive Market will multiply at an impressive CAGR of 6.57% by 2027 & Top Key Players ABB Ltd., General Electric, Hitachi, Mitsubishi Heavy Industries, Ltd., Rockwell Automation, Schneider Electric, Crompton Greaves, Danfoss, Eaton
Variable frequency drive (VFD) is a type of power conversion device which controls the rotational speed of an alternating current electric motor. It controls the frequency and voltage supplied to the electric motor. The variable frequency drive also has the capacity to control ramp-down and ramp-up of the motor during start and stop of the motor. Variable frequency drive also known as adjustable speed drive, ac drive, adjustable frequency drive and variable speed drive.
In terms of regional platform, Asia Pacific holds the largest market of variable frequency drive in terms of revenue due to emerging economies in this region such as China and India are investing a huge amount of money in energy efficient devices. Increasing investments toward the establishment of manufacturing facilities with increasing demand for oil & gas and power generation industries in this region are expected to stimulate the market of variable frequency drive over the forecasted period.
Request Free Sample Pages@ https://www.researchnester.com/sample-request-1097
Europe is expected to be the fastest growing market for variable frequency drive in terms of revenue over the forecasted period due the stern government standards towards the adoption of energy efficient devices. European Union introduce climate and energy package to fight against climate change which focuses on emissions cuts, energy efficiency and renewable energy. These factors are expected to spur the growth of variable frequency drive market in this region over the forecasted period.
North America is expected to show a rapid growth in terms of revenue due to the high adoption of variable frequency drives in oil & gas and power generation industries. Rising initiatives toward the achievement of energy efficiency devices are also expected to spur the growth of variable frequency drive market in this region.
Rising Demand for Low Voltage Variable Frequency Drive
It is expected that low voltage variable frequency drive segment to grow at the fastest CAGR over the forecasted period i.e. 2017-2027. The demand for low voltage drive from industries such as water & waste water, utilities, metals & mining, petrochemicals and cement are expected to spur the growth of low voltage variable frequency drive market globally over the forecasted period. The low voltage drives are generally used in applications such as fans, pumps, compressors, crushers & mills conveyors and kiln applications. These uses of low variable frequency drive are also expected to stimulate the growth of variable frequency drive market globally.
Increasing initiatives toward energy conservation across commercial, residential and industrial sectors are projected to contribute in the growth of variable frequency drive market globally. High rate of adoption of low voltage drive along with technological advancements across emerging economies such as India and South Korea are also expected to drive the market of variable frequency drive market globally.
Rising Disposable Income Among Population
Rising disposable income among population with innovative technologies will drive the variable frequency drive market globally. Rapid developments by OEMs across developing nations such as China are also expected to contribute in the growth of variable frequency drive market globally.
Growing adoption of high-end technologies by oil field companies are expected to positively impact the variable frequency drive market growth globally.
The report titled “Variable Frequency Drive Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global variable frequency drive market in terms of market segmentation by voltage, by type, by power range, by application type, by end user and by region.
Request Free Table of Contents Here: https://www.researchnester.com/request-toc-1097
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the variable frequency drive market which includes company profiling of ABB Ltd., General Electric, Hitachi, Mitsubishi Heavy Industries, Ltd., Rockwell Automation, Schneider Electric, Crompton Greaves, Danfoss, Eaton, Emerson Electric Co., Fuji Electric Co., Siemens AG, Toshiba, Weg SA and Yaskawa Electric Corp. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global variable frequency drive market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Purchase this premium research report at: https://www.researchnester.com/payment/rep-id-1097
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
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 Global Variable Frequency Drive Market will multiply at an impressive CAGR of 6.57% by 2027 & Top Key Players ABB Ltd., General Electric, Hitachi, Mitsubishi Heavy Industries, Ltd., Rockwell Automation, Schneider Electric, Crompton Greaves, Danfoss, Eaton here
News-ID: 1224953 • Views: …
More Releases from Research Nester Pvt Ltd
Vegan Food Market: Size is Expected to Surpass USD 91.83 billion by 2035
Research Nester, the global vegan food market size is predicted to expand at a CAGR of 11.8% between 2026 and 2035, on account of the rising awareness of people about fitness globally.
Request Free Sample Report @ https://www.researchnester.com/sample-request-6172
The Increasing Demand for Vegan Food Globally Will Increase the Global Market Share of Vegan Food Market
By the end of 2035, the vegan food sector will have grown significantly and appear extremely promising. Several…
U.S. Cogeneration Equipment Market Forecast to Exhibit Robust Growth During 2026 …
The U.S. cogeneration equipment market is poised for robust advancement throughout the forecast period from 2026 to 2035, driven primarily by the nation's growing focus on energy efficiency and decarbonization. Increasing regulatory emphasis on sustainable energy use, coupled with corporate commitments to reduce carbon footprints, is stimulating widespread adoption of combined heat and power (CHP) systems across industrial, commercial, and institutional sectors. The integration of cogeneration technologies aligns with the…
U.S. Coal Gasification Market Size is Expected to Witness Accelerated Expansion …
The U.S. coal gasification market is expected to witness robust expansion during the forecast period from 2026 to 2035, driven primarily by the nation's push toward cleaner energy conversion technologies and carbon utilization strategies. The growing emphasis on decarbonizing heavy industries and enhancing domestic energy security has positioned coal gasification as a pivotal pathway for transforming coal into cleaner synthesis gas, hydrogen, and chemical feedstocks. Advancements in carbon capture and…
U.S. Nuclear Fusion Market Size is Projected to Record Sustained Growth Through …
The U.S. nuclear fusion market is expected to experience strong growth throughout the forecast period from 2026 to 2035, driven primarily by technological breakthroughs in plasma confinement and increasing public-private investment in next-generation energy systems. As the country accelerates its transition toward low-carbon and sustainable power solutions, fusion energy has emerged as a promising alternative to traditional nuclear fission. Innovations in superconducting magnets, laser systems, and artificial intelligence-driven plasma control…
More Releases for Variable
Variable Air Volume (VAV) Systems Market
The Variable Air Volume (VAV) systems market plays a crucial role in the HVAC (Heating, Ventilation, and Air Conditioning) industry. These systems are designed to control the volume of air delivered to different spaces within a building, ensuring optimal comfort and energy efficiency. VAV systems adjust the flow of conditioned air based on the demand from various areas of a building, which is especially important in commercial, industrial, and large…
Variable Air Volume (VAV) Systems Market
Variable Air Volume (VAV) systems are a crucial component in the heating, ventilation, and air conditioning (HVAC) industry. These systems regulate the volume of air supplied to different zones in a building, maintaining optimal comfort levels while improving energy efficiency. Unlike traditional constant air volume (CAV) systems, which supply a fixed amount of air, VAV systems adjust the airflow according to the heating or cooling needs of each area. This…
variable displacement pumps market
Summary:
Hydraulic pumps, converting mechanical to hydraulic energy, vary in displacement types. Variable displacement pumps offer efficiency but face drawbacks, impacting market growth.
Overview
In the realm of hydraulic systems, pumps play a crucial role, converting mechanical energy to hydraulic energy. A closer look at variable displacement pumps reveals their significance, presenting both efficiency and operational challenges.
Market Trends
The surge in demand for variable displacement pumps is primarily fueled by the burgeoning food…
Variable Frequency Water Supply System
Global Info Research announces the release of the report "Global Variable Frequency Water Supply System Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across…
Global Industrial Process Variable Instruments Market | Global Industrial Proces …
Industrial process variable instruments market comprises of sales of industrial process variable instruments & related services, which is used to control, measure, and record industrial variables such as pressure, vacuum, temperature, flow, combustion, level, acidity, concentration, viscosity, density, and rotation. The process variable instruments are used for indicating, recording, transmitting, measuring, displaying, and controlling industrial process variables. The industrial process variable can work electronically, or electrically, mechanically, pneumatically, and comprises…
Global Variable Capacitors Market Insights, Forecast
The Variable Capacitors market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Variable Capacitors. This report presents the worldwide Variable Capacitors market size (value, production and consumption), splits the…
