Press release
Marine Variable Frequency Drive (VFD) Market Size, Share, Demands, Overview, Growth, Opportunities, Challenges and Competitive Landscape
"Marine Variable Frequency Drive (VFD) Market"
With the Marine Variable Frequency Drive (VFD) Market research report, best market opportunities are put forth along with the well-organized information to accomplish growth in the market. This Marine Variable Frequency Drive (VFD) Market report consists of historic data along with future forecast and detailed analysis for the market on a global and regional level. Key elements covered in the Marine Variable Frequency Drive (VFD) Market report are industry outlook along with critical success factors, industry dynamics, market definition, drivers and restraints, market segmentation, value chain analysis, key developments, application and technology outlook, regional or country level analysis and competitive landscape.
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Marine Variable Frequency Drive (VFD) Market Key Players:
ABB
Rockwell Automation, Inc.
Danfoss
Siemens
Mitsubishi Electric Corporation
WEG
Invertek Drives Ltd.
Eaton
GENERAL ELECTRIC
Yaskawa Electric Corporation
PARKER HANNIFIN CORP
Schneider Electric
Hitachi Ltd
Fujifilm India
In December 2020, Rockwell Automation re-launched its Kinetix 5100 servo drive for a wide range of applications, including packaging, converting, print & web, and machine and assembly with the voltage availability of 480V.
In January 2019, ABB launched a series of ACS880 industrial drives and ACH580 Ultra-Low Harmonic (ULH) HVAC drives, which are used in many industries and applications to tackle harmonic issues.
The Marine Variable Frequency Drive (VFD) Market size is projected to reach a CAGR of 9.56% from 2022 to 2028.
Marine variable frequency drive (VFD) is cost efficient electrical equipment that is utilized to adjust the speed and torque of a VFD electric motor. It is utilized in an assortment of marine functions for example pumps, fans, compressors, propulsion, cranes, and hoists. There are two categories of marine VFD's, AC drive and DC drive.
Growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing rate of industrialization and urbanization are some of the factors that have supported long-term expansion for Marine Variable Frequency Drive (VFD) Market.
Regional Analysis
Asia Pacific is estimated to be the largest market. Countries such as China, India, Japan, and South Korea are among the major countries considered as the main manufacturing hub for variable frequency drives.
Table of Contents
Marine Variable Frequency Drive (VFD) Market is segmented into end user, application, power rating, type, voltage and region.
On the basis of End-User
Oil & Gas
Industrial
Power
Infrastructure
On the basis of Application
Pumps
Fans
Compressors
Conveyors
Others
On the basis of Power Rating
Micro Power Drive
Low Power Drive
Medium Power Drive
High Power Drive
On the basis of Type
AC Drives
DC Drives
Servo Drives
On the basis of Voltage
Low Voltage
Medium Voltage
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Marine Variable Frequency Drive (VFD) Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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