Press release
Variable Frequency Drives Market 2022 Analysis By Size, Share, Growth, Trends Up To 2031 | Eaton Corporation, Hitachi Hi-rel Power Electronics, Rockwell Automation, Johnson Controls
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%.The Business Research Company offers the Variable Frequency Drives Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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.
Some key variable frequency drives market are 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 countries covered in the global Variable Frequency Drives market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Variable Frequency Drives market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Variable Frequency Drives Market Segmentation:
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
See more on the report at https://www.thebusinessresearchcompany.com/report/variable-frequency-drives-global-market-report
The Report's 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
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
This report covers the trends and market dynamics of the Variable Frequency Drives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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