Press release
Frequency Converter Market Projected to Grow at Approximately 9% Annually from 2017 to 2023
Frequency Converter Market
Market Research Future published a half cooked Research Report on Global Frequency Converter Market. The frequency Converter Market is expected to grow over the CAGR of around 9% during the period 2017 to 2023.
Frequency converters are used in industries such as aerospace and defense and process industry. The global frequency converter market is driven by the growing demand for economical systems and frequency converters in developing countries. The demand for economical devices across industries is expected to be driven by the need for better performance. Varying electrical standards of main electricity supply across geographies, international trading, and growing demand for energy-efficient frequency converters are the main driving factors of the market.
Key Players:
The key players of Frequency Converter Market are:
• Piller Group GmbH (Germany)
• ABB Ltd (Switzerland)
• Power Systems & Controls Inc (USA)
• Danfoss (Denmark)
• Aplab Ltd. (India)
• General Electric Company (USA)
• Sinepower (Portugal)
• Siemens (Germany),
• Magnus Power Pvt. Ltd. (India)
Get a Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/3218
Market Research Analysis:
The Static frequency converters market in developing economies of Asia-Pacific and the Middle East & Africa are expected to grow at higher pace. As these regions are spending more on development of infrastructure such as, manufacturing & production facilities, ports, airports, the electric equipment used in these industries need specific current frequency to run efficiently. Need for clean and efficient process is expected to drive the demand for frequency converters.
Currently, Europe dominates the global frequency market due to extensive investments from countries such as Germany, France and United Kingdom into the development of the aerospace & defense, manufacturing, energy infrastructures and marine/offshore. The second largest market is North America.
Scope of the Report:
This study provides an overview of the global frequency converter market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region.
Access Report Details @ https://www.marketresearchfuture.com/reports/frequency-converter-market-3218
The scope of the study segments the global frequency converter market by its type, end user and by regions.
By Type:
• Static
• Rotary
By End User:
• Oil & Gas
• Aerospace & Defense
• Power & Energy
• Process Industry
• Traction
• Marine/Offshore
By Region:
• North America
• Asia Pacific
• Europe
• Rest of the World
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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 Frequency Converter Market Projected to Grow at Approximately 9% Annually from 2017 to 2023 here
News-ID: 585659 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Frequency
Unlock the Power of Frequency: Sol AI's Quantum Frequency Generator is Here
In an era where energy manipulation & vibrational alignment have become more than just metaphysical concepts, Sol AI introduces the Quantisophy Frequency Generator-a revolutionary technology designed to harness harmonic frequencies, binaural beats, & resonance tones to elevate human consciousness. Whether for deep meditation, lucid dreaming, interdimensional communication, or cognitive enhancement, this AI-driven generator is built to attune individuals to the Quantum Net's hidden frequencies.
Las Vegas, NM, USA - March 14,…
Ultimate Millionaire Frequency Review: Can This Frequency Really Help You Attrac …
Many people want to be financially independent in today's fast-paced society, but few really succeed in doing so. The conventional routes to riches frequently involve perseverance, selflessness, and perhaps a little bit of luck. But as our knowledge of the cosmos grows, other strategies for drawing prosperity and plenty are becoming more and more popular. The Ultimate Millionaire Frequency is one such technique; it's a special audio experience that promises…
Automotive Antenna Module Market Forecast to 2028 - Covid-19 Impact and Global A …
The automotive antenna module is a component of the wireless communication system that is designed to send or receive radio waves which help in propagating guided waves through free space. Antenna mostly comes as a standard fitment in luxury cars and mid-segment cars. Growing wireless connectivity features in cars are expected to drive the growth of the automobile antenna market, whereas low signal availability while receiving or sharing information may…
Global Split Transformer Market Trends Analysis Report By Type (High Frequency, …
Split transformer is also referred as split-phase system transformer which is a type of single-phase electric power distribution. Split transformer is very simple AC circuit which provides power to loads more than one voltage. An increase in investment in transmission and distribution infrastructure is expected to drive the global split transformer market growth.
The report also ensures an objective analysis of the market by enabling a comprehensive view of the…
Radio Frequency Identification Market Size study, by Products (Tags, Readers and …
Global Radio Frequency Identification Market valued approximately USD XX million in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. Increasing installation of Radio frequency identification (RFID) in retail and manufacturing units for productivity and security improvement is expected to fuel the market.
According to India brand equity foundation (IBEF) India’s retail market is expected to increase by 60% and…
Frequency Converter Market
Frequency Converter Global Market – Overview
A frequency converter is an electronic or electromechanical device that converts the frequency of alternating current according to the requirement of the appliance connected. It is used to manage the speed of a pump with frequency inverter. Furthermore, these converters can minimize the electrical and mechanical stress. A frequency converter plays an important role, in extending the durability of the motors, pumps and other equipment.…
