Press release
Global Variable Frequency Drive Market Regional Outlook, Application Potential | Key players are Johnson Controls, Rockwell Automation, Siemens, Yaskawa Electric, Vacon and Toshiba
Global Variable Frequency Drive Market
Notable industry players operating in global VFD market include Vacon, Johnson Controls, Fuji Electric, Eaton, and Siemens among others. As per a research report by Global Market Insights, Inc., global variable frequency drive market is projected to exceed annual installations of 30 million units by the end of 2026.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/1185
Below is a brief overview of key trends that are stimulating the global VFD market growth:
Expanding applicability of DC variable frequency drives
The DC variable frequency drive market size is poised to increase considerably owing to its widening applicability across industries like chemical & cement, and metal.
Characteristics such as simple circuits, constant speed, broad range of changing loads, and high start-up torque are key parameters that are likely to stimulate the applicability of grinders & cutters across the food processing sector.
The expansion of automotive sector coupled with the growing applicability of DPG & TENV DC drives across manufacturing facilities will make a positive impact on the market outlook in coming years.
Increasing R&D sector investments
Several ongoing investments toward the R&D sector, in efforts to increase the product life cycle, flexibility, and performance of voltage drives, will enhance the product landscape. Citing an example, Schneider Electric, in 2018, introduced Lexium 28 servo drives & motors with capacity between 0.4-7 Kw for the company’s PacDrive automation solution.
The solution features three separate network phases that has a supply voltage of 170-255 for a single phase and approximately 200-255 for three phases.
Moreover, the growing adoption of highly advanced technology across the sustainable energy network will further encourage the product demand in coming years.
Growing product demand across Asia-Pacific
In 2019, the APAC region accounted for over 50% share of the global variable voltage drive market. Favorable government guidelines and policies toward renewable power sources coupled with tax rebates, financial incentives, and resiliency initiatives are expected to encourage product penetration in the region over the coming years.
Rising energy demand throughout the region’s emerging economies and the subsequent adoption of VFD units throughout the oil & gas sector will drive the product demand further.
The variable frequency drives find applications across industries for big induction motor, handling variable load, where the power ratings range from kW to a couple of MW. It is also utilized in traction system, for example in India it is being utilized by the Delhi Metro Rail Corp. The VFD is further used in modern escalators, pumping systems, and lifts. Currently these are also utilized in energy efficient AC’s, refrigerators as well as in outside air economizers.
Partial Table of Contents (ToC) of the report:
Chapter 5 Variable Frequency Drive Market, By Drive Type
5.1 Variable frequency drive market share by drive type, 2019 & 2026
5.2 AC
5.2.1 Global market from AC, 2015 - 2026
5.2.2 Global market from AC, by region, 2015 – 2026
5.3 DC
5.3.1 Global market from DC, 2015 - 2026
5.3.2 Global market from DC, by region, 2015 – 2026
5.4 Servo
5.4.1 Global market from servo, 2015 - 2026
5.4.2 Global market from servo, by region, 2015 – 2026
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/variable-frequency-drive-vfd-market
More News:
https://www.globenewswire.com/news-release/2020/01/13/1969264/0/en/Early-Production-Facility-Market-to-hit-14-billion-by-2026-Global-Market-Insights-Inc.html
https://www.globenewswire.com/news-release/2019/12/18/1961987/0/en/Commercial-Boiler-Market-in-UK-to-register-around-6-CAGR-between-2020-and-2026-Global-Market-Insights-Inc.html
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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 Regional Outlook, Application Potential | Key players are Johnson Controls, Rockwell Automation, Siemens, Yaskawa Electric, Vacon and Toshiba here
News-ID: 2278144 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Drive
Global Land Top Drive Market 2020, Land Top Drive Market, Land Top Drive Market …
Global Land Top Drive Market Growth 2020-2025 released by MarketandResearch.biz embarks with industry overview which clarifies value chain structure, industrial environment, market size, market share, regional analysis, application, and forecast. The report outlines the development factors improving or hampering the market advancement, major ruling organizations, monetary circumstance, and veritable certainties. This research is exceptionally advantageous to pursuers. This research refines variations of the global Land Top Drive market to help…
Global Harmonic Drive Market 2018 - BENRUN Robot, Nidec-Shimpo, China Harmonic D …
Apex Market Reports, recently published a detailed market research study focused on the “Harmonic Drive Market” across the global, regional and country level. The report provides 360° analysis of “Harmonic Drive Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Harmonic Drive on…
Global Self-Encrypting Drive Market By Product Type | Internal Hard Disk Drive a …
Researchmoz added Most up-to-date research on "Global Self-Encrypting Drive Market By Product Type | Internal Hard Disk Drive and External Hard Disk Drive" to its huge collection of research reports.
In this report, the global Self-Encrypting Drive market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report…
Oz Woodward will drive you crazy with his wonderful “Synthetic Drive”
“Synthetic Drive” is an electronic track from the great musician Oz Woodward. This floor shaking music is gaining huge popularity all over the world and even on SoundCloud. The electronic music celebrates life with the enticing usage of various instruments. He is an electronic musician who is also described as one of the most influential figures in the electronic genre. His unique way of production has captured many hearts. The…
Hard Disk Drive Market 2017-2027 Expected to Drive Growth
In recent past it has been observed that the Hard disk drive market is negatively affected, driven by falling sales in the PC market. But a trend that helped to boost the market growth is the innovation of high-storage portable external hard disks. Hard disk drive market is directly affected by the flash-based SSDs. In now days the adaptation of flash based SSDs in Laptops and personal computers continue…
Harmonic Drive Market Forecasts – HDSI, Leaderdrive, Beijing CTKM Harmonic Dri …
For overview analysis, the report introduces Harmonic Drive Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
Harmonic Drive Market :
Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It…
