openPR Logo
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.

04-25-2019 07:55 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Variable Speed Drive Market

Variable Speed Drive Market

At present, North America dominates this market. In 2023, China is expected to register the highest growth in Asia-Pacific. Similarly, the UK is expected to lead the overall market in the European region during the forecast period. Presently, the U.S. is expected to dominate the North American 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: 1052

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for FIGURE

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
Global Leisure Boats Market Dynamic, Value, Figure, Forecast 2018-2025
Qyresearchreports include new market research report Global Leisure Boats Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Leisure Boats in Global market,especially in North America,China,Europe,Southeast Asia,Japan and India,with production,revenue,consumption,import and export in these regions,from 2013 to 2018,and forecast to 2025. This report focuses on top manufacturers in global market,with production,price,revenue and market share for each manufacturer,covering Riva Sunseeker Ferretti Lurssen Azimut Wally Princess Pershing Free Sample of this report is available upon request @
Global Protective Packaging Market Dynamic, Value, Figure, Forecast 2018-2025
Qyresearchreports include new market research report Global Protective Packaging Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Protective Packaging in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. This report focuses on top manufacturers in global market, with production, price, revenue and
Lawn Mower Market Dynamic, Value, Figure, Forecast 2018-2025
Qyresearchreports include new market research report 2018-2025 Lawn Mower Report on Global and United States Market, Status and Forecast, by Players, Types and Applications to its huge collection of research reports. This report studies the Lawn Mower market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the
Glissandra Skincare Proudly Supports World Figure Skating Champion, Patrick Chan
Glissandra Skincare is honoured to have participated in the World Chinese Business Association of Canada’s 2012 Fundraising Dinner to support Patrick Chan. Vancouver, BC, Canada, February 21, 2012 -- On Saturday, February 18, 2012, hundreds of guests packed the Victoria Chinese Restaurant in Downtown Vancouver to celebrate Canadian figure skater, Patrick Chan. The event was hosted by the World Chinese Business Association of Canada and raised almost $60,000 to assist in
Personal injury solicitors help client to reach five-figure settlement
Fentons Solicitors LLP, one of the UK's leading personal injury solicitors, has achieved a five-figure settlement victory for a client that suffered multiple severe injuries when the car he was a passenger in struck a line of parked cars. The 48-year old former hod-carrier was a front seat passenger when the driver lost control of the car and collided with a number of stationary vehicles. Fentons helped him to reach an