Press release
Variable Speed Drive Market Expected to Reach $26,544 Million, By Leading Industry Players ABB Ltd., Siemens AG, Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, Crompton Greaves, WEG, Schneider, Emerson Electric, and Danfoss.
Variable Speed Drive Market
According to a recent report published by Allied Market Research, titled, Variable Speed Drive Market by Type, Voltage, Application, and End User System: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global variable speed drive market was valued at $18,004 million in 2016, and is projected to reach at $26,544 million by 2023, growing at a CAGR of 5.6% from 2023 to 2026
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4546?utm_source=OPR
Increase in urbanization and industrialization in emerging countries such as India, China, Brazil, and others drive the demand for variable speed drive market. Further, the growth in need for energy efficiency, rise in trend of industrial automation, and reduction in operating costs of any intensive industry fuel the market growth. However, high cost of deployment is expected restrain the growth of the market.
Rise in working population and increase in urbanization lead to rise in industrialization in emerging markets such as India, China, Brazil, and others. Further, with the increase in industrialization the demand for variable speed drives is also expected to rise as it regulates the speed and rotational force of the electric motor installed in several machines for instance pump, fan, compressor, conveyor, and others in the organization. In addition, the benefit such as controlled starting current that extends the life of the motor, reduced voltage sag, and controlled acceleration attracts industries toward adoption of variable speed drives.
More than one-third of the global electrical energy is supplied by electric motors in fixed-speed centrifugal pump, compressor, fan, and other applications. This creates the demand for devices such as variable speed drives, which increases the energy efficiency, cuts down the operational cost, and results in rise in production efficiency. Variable speed drive reduces energy cost up to 50% through the reduction of speed on applications where the full speed of the electric motor is not required.
Make a Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/4546?utm_source=OPR
In 2016, the low voltage segment dominated the global variable speed drive market, in terms of revenue. However, based on application system, pump is projected to dominate the global market, followed by fan in 2023.
The key players profiled in the report include ABB Ltd., Siemens AG, Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, Crompton Greaves, WEG, Schneider, Emerson Electric, and Danfoss.
LIST OF FIGURES
FIGURE 01. GLOBAL VARIABLE SPEED DRIVES MARKET, 2016-2023
FIGURE 02. GLOBAL VARIABLE SPEED DRIVES MARKET, BY REGION, 2016-2023
FIGURE 03. TOP INVESTMENT POCKETS: VARIABLE SPEED DRIVES MARKET
FIGURE 04. TOP WINNING STRATEGIES, BY YEAR 2014-2017*
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT 2014-2017 (%)
FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY 2014-2017 (%)
FIGURE 07. MODERATE BARGAINING POWER OF BUYERS
FIGURE 08. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09. HIGH-TO-MODERATE OF NEW ENTRANTS
FIGURE 10. MODERATE OF SUBSTITUTES
FIGURE 11. MODERATE COMPETITIVE RIVALARY
FIGURE 12. MARKET SHARE ANALYSIS: VARIABLE SPEED DRIVES MARKET, 2015
FIGURE 13. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY TYPE, 2016-2023
FIGURE 14. COMPARATIVE ANALYSIS OF AC DRIVE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 15. COMPARATIVE ANALYSIS OF DC DRIVE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. COMPARATIVE ANALYSIS OF SERVO DRIVE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 17. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY VOLTAGE, 2016-2023
FIGURE 18. COMPARATIVE ANALYSIS OF LOW VOLTAGE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 19. COMPARATIVE ANALYSIS OF MEDIUM VOLTAGE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 20. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY APPLICATION, 2016-2023
FIGURE 21. COMPARATIVE ANALYSIS OF COMPRESSOR MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 22. COMPARATIVE ANALYSIS OF PUMP MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 23. COMPARATIVE ANALYSIS OF FAN MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 24. COMPARATIVE ANALYSIS OF OTHERS MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 25. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY END-USER, 2016-2023
FIGURE 26. COMPARATIVE ANALYSIS OF MINING & MINERALS MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 27. COMPARATIVE ANALYSIS OF WASTE & WASTEWATER MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 28. COMPARATIVE ANALYSIS OF FOOD & BEVERAGE MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 29. COMPARATIVE ANALYSIS OF OTHERS MARKET BY COUNTRY, 2016 & 2023 (%)
FIGURE 30. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY REGION, 2016-2023
FIGURE 31. GLOBAL VARIOABLE SPEED DRIVES MARKET, BY COUNTRY, 2016-2023
FIGURE 32. EUROPE VARIOABLE SPEED DRIVES MARKET, BY COUNTRY, 2016-2023
FIGURE 33. ASIA-PACIFIC VARIABLE SPEED DRIVES MARKET, BY COUNTRY, 2016-2023
FIGURE 34. LAMEA VARIABLE SPEED DRIVES MARKET, BY COUNTRY, 2016-2023
FIGURE 35. SIEMENS AG.: REVENUE, 2014-2016 ($MILLION)
FIGURE 36. SIEMENS AG. : REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 37. SIEMENS AG. REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 38. SIEMENS AG.: REVENUE, 2014-2016 ($MILLION)
FIGURE 39. SIEMENS AG. : REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 40. SIEMENS AG. REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 41. ROCKWELL AUTOMATION, INC., REVENUE, 2014-2016 ($MILLION)
FIGURE 42. ROCKWELL AUTOMATION, INC., REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 43. ROCKWELL AUTOMATION, INC., REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 44. YASKAWA ELECTRIC CORPORATION :NET SALES, 2014-2016 ($MILLION)
FIGURE 45. YASKAWA ELECTRIC CORPORATION : REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 46. YASKAWA ELECTRIC CORPORATION : REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 47. GENERAL ELECTRIC: REVENUE, 2015-2017($MILLION)
FIGURE 48. GENERAL ELECTRIC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 49. GENERAL ELECTRIC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 50. CROMPTON GREAVES: NET SALES, 2015-2017 ($MILLION)
FIGURE 51. CROMPTON GREAVES: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 52. CROMPTON GREAVES: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 53. WEG: NET SALES, 2014-2016 ($MILLION)
FIGURE 54. WEG: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 55. WEG: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 56. SCHNEIDER: NET SALES, 2014-2016 ($MILLION)
FIGURE 57. SCHNEIDER : REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 58. SCHNEIDER: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 59. EMERSON ELECTRIC: NET SALES, 2015-2017 ($MILLION)
FIGURE 60. EMERSON ELECTRIC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 61. EMERSON ELECTRIC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 62. DANFOSS: NET SALES, 2014-2016 ($MILLION)
FIGURE 63. DANFOSS: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 64. DANFOSS: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
Access Full Summery @ https://www.alliedmarketresearch.com/variable-speed-drive-market?utm_source=OPR
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.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 Speed Drive Market Expected to Reach $26,544 Million, By Leading Industry Players ABB Ltd., Siemens AG, Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, Crompton Greaves, WEG, Schneider, Emerson Electric, and Danfoss. here
News-ID: 1717177 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for FIGURE
PVC Figure And Garage Kits Market Size Analysis by Application, Type, and Region …
According to Market Research Intellect, the global PVC Figure And Garage Kits market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The PVC Figure and Garage Kits market is witnessing substantial growth due to the rising…
Elevating Ice Performance with Premium Figure Skates
The latest collection of figure skates from Figure Skating Store is setting a new standard in ice skating performance.
Designed to meet the needs of skaters at every level, these skates combine advanced technology with expert craftsmanship to enhance every move on the ice.
Key Features of the New Figure Skates
* High-Performance Blades: Precision-engineered stainless steel blades deliver smooth glides, sharp turns, and dependable edge retention.
* Optimized Comfort: Memory foam…
Enhanced Performance with Advanced Figure Skates Technology
For athletes, enthusiasts, and professionals in the world of figure skating, achieving the perfect glide, spin, and jump is about precision and excellence. The latest advancements in figure skates are transforming performance on the ice, providing skaters with cutting-edge technology, unmatched comfort, and unparalleled durability.
Designed for both beginners and elite-level skaters, modern figure skates [https://figureskatingstore.com/skates/] combine innovative materials and engineering to deliver superior support and flexibility. Key features include:
Enhanced Blade…
Enhance Performance with Exquisite Figure Skating Dresses
As figure skating enthusiasts gear up for another exciting season, the importance of elegant and functional figure skating dresses cannot be overstated. These dresses not only enhance a skater's performance but also reflect their unique style and grace on the ice.
Unveiling the Essence of Figure Skating Dresses
Figure skating dresses [https://figureskatingstore.com/dresses/] are more than just attire; they are an extension of a skater's artistry and skill. Designed to blend aesthetics with…
Alexander Estrada Launches Transformative Online Course To Help Barbers Scale Th …
Alexander Estrada launches online course to help barbers scale their businesses to multi 6-figure to7-figure success
Image: https://www.getnews.info/uploads/a07459953886d22459dd28e62253e44b.png
San Clemente, CA - Alexander Estrada, a renowned name in the local barbering community, is set to expand his influence beyond the barber chair. With two highly successful barbershops in San Clemente and Mission Viejo, Estrada's journey from a modest beginning in his mother's garage to becoming a celebrated entrepreneur serves as a beacon…
THE WORLD'S MOST CONTROVERSIAL ACTION FIGURE...EVER!
FOR IMMEDIATE RELEASE
THE WORLD'S MOST CONTROVERSIAL ACTION FIGURE...EVER!
Contact: William Hirsch - Schlock Toys @ +1-949-677-9353 or DocSchlock@SchlockToys.com
Featured on Tomi with Fox News host Tomi Lahren! SCHLOCK TOYS join forces with Kickstarter to Make Toys Great Again!
The Kickstarter campaign page can be found HERE: https://www.kickstarter.com/projects/schlocktoys/collectors-edition-talking-trump-2020-man-of-action-figure/description
“What a great message to be sent, and I think Trump himself would love this and that he’d be excited about it!”
- Tomi Lahren, Fox News
“You…
