Variable Frequency Drives Market is Expected To Be Worth US$ 25.0 Billion By 2022

New York, March 06, 2018: 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.

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.

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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

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.

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.

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Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Variable Frequency Drives Market, By Type
7 Variable Frequency Drives Market, By End-User
8 Variable Frequency Drives Market, By Voltage
9 Variable Frequency Drive Market, By Power Range
10 Variable Frequency Drives Market, By Application
11 Variable Frequency Drives Market, By Region
12 Competitive Landscape
13 Company Profiles
13.1 Introduction
13.2 ABB Ltd
13.3 Siemens AG
13.4 Schneider Electric Se
13.5 Danfoss
13.6 Rockwell Automation
13.7 WEG SA
13.8 Yaskawa Electric Corp
13.9 Eaton
13.10 General Electric
13.11 Emerson Electric Co.
13.12 Hitachi
13.13 Crompton Greaves
13.14 Mitsubishi Heavy Industries, Ltd.
13.15 Fuji Electric Co.
13.16 Toshiba

Reasons to Buy this Report:
1) Obtain the most up to date information available on all variable frequency drives market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.

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