Press release
2022 Variable Frequency Drives Global Market Report | Market Size, Share, Scope, Demand, Overview And Top Key Players Eaton Corporation, Hitachi Hi-rel Power Electronics, Rockwell Automation, Johnson Controls, Anaheim Automation
'Variable Frequency Drives Global Market Report 2022 -Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The variable frequency drives market research report helps gain a truly global perspective of the variable frequency drives industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the variable frequency drives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The variable frequency drive (VFD) market consists of sales of power electronics-based devices products by entities (organizations, sole traders, and partnerships) that includes a type of motor controller that varies frequency and voltage to drive an electric motor. These drives also can control ramp-up or ramp-down of the motor. These drives help save energy and system efficiency and most commonly used in fans, pumps, conveyors, and compressors.
Key competitors in the variable frequency drives market include Eaton Corporation, Hitachi Hi-rel Power Electronics, Rockwell Automation, Johnson Controls, Anaheim Automation, WEG, ABB, Nidec Motor Corporation, Siemens, Danfoss, Honeywell International, TMEIC, Fuji Electric Corp, Schneider electric, Yaskawa Corporation, General Electric, Mitsubishi Electric Automation, Toshiba International Corporation, Delta Electronics.
The global variable frequency drives market size is expected to grow from $16.58 billion in 2021 to $17.37 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%. The global VFD market size is expected to grow to $21.23 billion in 2026 at a CAGR of 5.1%.
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TBRC's Report Segments The Global Variable Frequency Drives Market:
1) By Type: AC Drives, DC Drives, Servo Drives
2) By Power Rating: Low Power Rating, Medium Power Rating, Micro Power Rating, High Power Rating
3) By Application: Pumps, Fans, Compressors, Conveyors, Others
4) By End-User: Food and Beverages, Oil and Gas, Power Generation, Infrastructure, Others
Read Further On The Variable Frequency Drives Market Here:
https://www.thebusinessresearchcompany.com/report/variable-frequency-drives-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Variable frequency drives Market Characteristics
3. Variable frequency drives Market Trends And Strategies
4. Impact Of COVID-19 On Variable frequency drives Market
5. Variable frequency drives Market Size And Growth
.....
27. Variable frequency drives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Variable frequency drives Market
29. Variable frequency drives Market Future Outlook And Potential Analysis
30. Appendix
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