Global Variable Frequency Drive Market Overview:

According to Market Analyst, Global Variable Frequency Drive Market is projected to grow at a healthy growth rate from 2018 to 2022.

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Major Factor of Growth of Variable Frequency Drive Market include the Increase in industrialization and urbanization and rising need of energy efficiency across various industries such as oil & gas and power generation. Additionally, growing penetration of connected devices in household, commercial, and industrial sectors, coupled with technological advancements, is projected to stir up the demand for variable frequency drives worldwide. Furthermore, increasing investments in energy efficiency are poised to augment the demand for energy efficiency, thereby bolstering the growth of the market.

Variable Frequency Drive Market is segmented based on Voltage, Type, Application, End user and Region. On The Basis of Voltage, Global Variable Frequency Drive Market Sub segmented into Low Voltage, Medium Voltage. The low-voltage segment led the Variable Frequency Drive market and is projected to have the largest market share during the forecast period. Based on Type Market is sub segmented into AC Drives, DC Drives, Servo Drives. The AC drives segment is likely to emerge as the fastest growing segment in the variable frequency drive market over the forecast period.

The report further segments the Variable Frequency Drive Market, by Application into Pumps, Fans, Compressors, Conveyors, Others. The pump segment led the VFD market in 2017. Pump is one of the most important equipment in most industries such as oil & gas, chemical & petrochemical. Furthermore, Market is segmented on the Basis of End user into Oil & Gas, Industrial, Infrastructure, Power Generation. The infrastructure segment is projected to grow at the highest CAGR from 2018 to 2022.

Regionally, Asia Pacific held the leading share in the market. The growth of the region is backed by prominent emerging economies, wherein governments and other organizations are investing heavily in energy efficient devices.

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The Market is segmented and projected on the basis of major key player’s:

1 ABB

2 Siemens

3 Schneider Electric

4 Danfoss

5 Rockwell Automation

6 Crompton Greaves

7 Eaton

8 Fuji Electric

9 Hitachi

10 Nidec

11 Tmeic

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 How has the Variable Frequency Drive market performed so far and how will it perform in the coming years?

2 What will the market size be in 2022?

3 What are the key factors driving the Variable Frequency Drive Market?

4 What are the challenges to market growth?

5 What is the structure of the Variable Frequency Drive industry and who are the key players?

6 What are the market opportunities and threats faced by the key players?

7 What are the profit margins in the Variable Frequency Drive industry?

TABLE OF CONTENTS

1 Variable Frequency Drive Product Definition

2 Global Variable Frequency Drive Market Manufacturer Share and Market Overview

3 Manufacturer Variable Frequency Drive Business Introduction

4 Global Variable Frequency Drive Market Segmentation (Region Level)

5 Global Variable Frequency Drive Market Segmentation (Product Type Level)

6 Global Variable Frequency Drive Market Segmentation (Industry Level)

7 Global Variable Frequency Drive Market Segmentation (Channel Level)

8 Variable Frequency Drive Market Forecast 2018-2022

9 Variable Frequency Drive Segmentation Product Type

10 Variable Frequency Drive Segmentation Industry

11 Variable Frequency Drive Cost of Production Analysis

12 Conclusion

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