Latest industry research report on: Global Variable Frequency Drives Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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Variable frequency drive is a device used for controlling the frequency and voltage that is supplied to the motor, based on the application need and requirements. Variable frequency drives provide motion control and reduce the power use, as they regulate the motors and supply only the required voltage, thereby reducing power consumption. The global variable frequency drives market is segmented into the following power ratings: less than 1000 kW and greater than 1000 kW.
Technavios analysts forecast the global variable frequency drives market to grow at a CAGR of 5.23% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global variable frequency drives market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Variable Frequency Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ABB
Danfoos
Rockwell Automation
Siemens
Schneider Electric
Other prominent vendors
Eaton
Emerson
Fuji Electric
General Electric
Hitachi
Mitsubishi Motors
Schaffner
SPOC Automation
Toshiba
WEG
Yaskawa Electric
Market driver
Increasing energy efficiency by using variable frequency drives
For a full, detailed list, view our report
Market challenge
Limitation of variable frequency drives in high-speed responses
For a full, detailed list, view our report
Market trend
Improved cooling and increased functionality of the drives
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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