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2019 Variable Frequency Drives Market Is Booming Worldwide | ABB, Danfoos, Rockwell Automation, Siemens

02-06-2019 04:53 PM CET | Media & Telecommunications

Press release from: ReportsandReports

Variable frequency drive is a device used for controlling the frequency and voltage that is supplied to the motor, based on the application need and requirements. Variable frequency drives provide motion control and reduce the power use, as they regulate the motors and supply only the required voltage, thereby reducing power consumption. The global variable frequency drives market is segmented into the following power ratings: less than 1000 kW and greater than 1000 kW. Growing infrastructure and manufacturing sectors are expected to be the major growth drivers for the low voltage VFD market. Medium voltage drives function at slightly higher voltages than low voltage VFDs. By nature of this property, medium voltage drives consume less electricity as compared to their low voltage counterparts. Equipment used in industries such as mining, oil and gas, and power generation function at high voltage levels. The manufacturing sector was the largest consumer of variable frequency drives globally, accounting for 29.4% of the global share in 2017.

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Market Segment by Companies, this report covers:

- ABB

- Danfoos

- Rockwell Automation

- Siemens

- Schneider Electric

- Eaton

- Emerson

- Fuji Electric

- General Electric

- Hitachi

- Mitsubishi Motors

- Schaffner

- SPOC Automation

- Toshiba

Market Segment by Type, covers:

- Low Voltage

- Medium Voltage

Market Segment by Applications, can be divided into:

- Manufacturing

- Chemical Processing

- Infrastructure Development

- Oil And Gas

- Automotive

- Power Generation

- Others

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There are 15 Chapters to deeply display the Global Variable Frequency Drives market.

Chapter 1, to describe Variable Frequency Drives product scope, market overview, market opportunities, market driving force and market risks Chapter 2 to profile the top manufacturers of Variable Frequency Drives, with price, sales, revenue and global market share of Variable Frequency Drives in 2017 and 2018

Chapter 3, the Variable Frequency Drives competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Variable Frequency Drives breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019

Chapter 12, Variable Frequency Drives market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024 Chapter 13, 14 and 15, to describe Variable Frequency Drives sales channel, distributors, customers, research findings and conclusion, appendix and data source.

This report focuses on Variable Frequency Drives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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