Press release
Frequency Converter Market Key Players - Piller Group GmbH, ABB Ltd, Power Systems & Controls, Danfoss, General Electric Company
Market HighlightsFrequency 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.
Growing demand for frequency converter in developing countries and economical systems is driving the frequency converter market worldwide. Currently, the device is used in industries such as aerospace & defense and process industry. The demand for economical devices in industries to enhance performance, is expected to create opportunities for the frequency converter market. Varying worldwide electrical standards of main electricity supply, 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).
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Static frequency converter are leading in all major region.
Static frequency converters are expected to grow at higher pace in developing economies of regions such as Asia-Pacific and the Middle East & Africa. As these regions are spending more on development of infrastructure such as, manufacturing & production facilities, ports, and airports. The electric equipment used in these industries need specific current frequency to run efficiently. So the need for efficient and clean process, is expected to drive the demand for frequency converters.
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.
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LIST OF TABLES
TABLE 1 GLOBAL FREQUENCY CONVERTER MARKET, BY TYPE
TABLE 2 GLOBAL FREQUENCY CONVERTER MARKET, BY END USER
TABLE 3 GLOBAL FREQUENCY CONVERTER MARKET, BY REGIONS
TABLE 4 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY TYPE
TABLE 5 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY END USER
TABLE 6 U.S. FREQUENCY CONVERTER MARKET, BY TYPE
TABLE 7 U.S. FREQUENCY CONVERTER MARKET, BY END USER
TABLE 8 CANADA FREQUENCY CONVERTER MARKET, BY TYPE
TABLE 9 CANADA FREQUENCY CONVERTER MARKET, BY END USER
TABLE 10 EUROPE FREQUENCY CONVERTER MARKET, BY TYPE
Continue……..
LIST OF FIGURES
FIGURE 1 RESEARCH APPLICATION
FIGURE 2 GLOBAL FREQUENCY CONVERTER MARKET: BY TYPE (%)
FIGURE 3 GLOBAL FREQUENCY CONVERTER MARKET: BY END USER (%)
FIGURE 4 GLOBAL FREQUENCY CONVERTER MARKET: BY REGION
FIGURE 5 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY TYPE (%)
FIGURE 6 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY END USER (%)
FIGURE 7 EUROPE FREQUENCY CONVERTER MARKET, BY TYPE (%)
FIGURE 8 EUROPE FREQUENCY CONVERTER MARKET, BY END USER (%)
FIGURE 9 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY TYPE (%)
FIGURE 10 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY END USER (%)
Continue……..
About US
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.
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.
Market Research Future
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