Press release
Variable Frequency Drives Market To Cross US$ 25.0 Billion Globally by 2022
New York, January 31: Market Research Engine has published a new report titled as “Global Variable Frequency Drive (VFD) Market by Product Type (Adjustable-frequency drive, variable-speed drive, AC drive, micro drive or inverter drive), by Application (Power Generation, Oil and Gas, Manufacturing, Automotive), by End Users and Geography - Trends and Forecast 2015-2022”The variable frequency drives market is expected to exceed more than USD$25.0 billion by 2022 growing at a CAGR of more than 7.0% in the given forecast period 2015 to 2022.
Browse Full Report: https://www.marketresearchengine.com/reportdetails/variable-frequency-drive-market
A variable frequency drive is also called as adjustable speed drive, AC drive, inverter, micro drive, adjustable frequency drive or variable speed drive. It is used to drives an electrical motors having changeable voltage and frequency; it is a type of motor controller and the frequency is directly linked with speed of motor. VFD controls the speed of motor, so it minimize the overall power utilization. Because of this benefit VFD reduces overall energy costs with higher efficiency. Compared to other motor controllers, installation of variable frequency drives become easier. And training for installing of VFD will also minimize.
The major driving factors of variable frequency drives market are as follows:
• Rising need for sinking energy utilization
• Reliable performance of motor is essential for constant function
• Growing use of induction motors
• Increase in industrialization and urbanization
• Rules on Energy Efficiency
The restraints factors of variable frequency drives market are as follows:
• Undesirable impact of execution costs in rising economies
• Reduction in Greenfield investment
Download Free Sample Report: https://www.marketresearchengine.com/requestsample/variable-frequency-drive-market
The variable frequency drives market is segmented on the lines of its type, end user, voltage range, power range and application. Under type segmentation it covers AC voltage, DC voltage and servo voltage. Based on end user segmentation it covers manufacturing, chemical processing, oil and gas, automation and industrial development. The variable frequency drives market is segmented on the lines of its voltage range like low voltage and medium voltage. Under power range it covers micro power drives, low power drives, medium power drives and high power drives. The application segment for variable frequency drives includes pumps, fans, compressors, conveyors, extruders and other applications. The variable frequency drives market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for variable frequency drives and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for variable frequency drive
4) Discussions of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include ABB Ltd., Siemens AG, Schneider Electric Industries S.A.S., Crompton Greaves Ltd., Danfoss VLT Drives, Eaton Corporation, Emerson Industrial Automation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation and Vacon PLC.. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Variable Frequency Drives Market has been segmented as below:
By Type Analysis
AC Voltage
DC Voltage
Servo Voltage
By End-user Analysis
Manufacturing
Chemical processing
Oil and Gas
Automation
Industrial development
Others
By Voltage range segment Analysis
Low voltage
Medium voltage
By Power range Analysis
Micro Power Drives
Low Power Drives
Medium Power Drives
High Power Drives
By Application Analysis
Pumps
Fans
Compressors
Conveyors
Extruders
Other Applications
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: https://www.marketresearchengine.com/
Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States
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 Frequency Drives Market To Cross US$ 25.0 Billion Globally by 2022 here
News-ID: 425046 • Views: …
More Releases from (MRE) Market Research Engine
Mobile Wallet Market is Expected to Exceed US$ 6 Billion by 2020
The mobile wallet market is segmented on the lines of its payment, stakeholder and application. The mobile wallet market is segmented on the lines of its mode of payment like remote payment, NFC payment and NFC product market. Under stakeholder segmentation the market covered into mobile network operators (MNOs), handset and other hardware solution manufacturers, OSS/BSS solution providers, software developers, cloud computing, content and applications aggregators and other stakeholders. The…
Smart Watches Market is Expected to Grow at a CAGR of 53 % by 2020
The Smart watch market share geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
Browse Full Report @: https://www.marketresearchengine.com/reportdetails/smartwatch-market
How Big is the Global Hemostasis Products Market?
The global smartwatch market was valued at US$ 701 Milionis…
Petroleum Coke Market is Expected to Exceed US$ 26.0 Billion by 2021
The report analyzes two major segments in the petroleum coke market – fuel grade coke and calcined coke. The former is projected to remain the predominant segment globally because it is regarded as being more cost competitive than coal and natural gas. Petroleum coke has made significant inroads in the cement and power industry and has started giving competition to coal. Petroleum coke is an excellent, inexpensive product to blend…
Compounding Pharmacies Market is Expected to Reach US$ 9 Billion Globally by 202 …
Compounding pharmacies are pharmacies which produce drugs modified to requirements of individual patients by combining, altering and mixing active pharmaceutical elements of medicines. Compounded medicines are prepared in prescription from medical doctors. Compounding contains the grouping of two or more drug elements in different proportions. Most regulatory organizations around the world don’t approve compounded medications and don’t confirm the safety of compounded drugs. The global compounding pharmacies market report deals…
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…
