Title: Variable Frequency Drive Market 2020 Key Opportunity and Top Trends
1Variable Frequency Drive Market Size Worth USD 28
billion by 2026
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2Variable Frequency Drive Market Overview
- Variable frequency drives (VFD) are
controllers/regulators which modulate the voltage
and frequency transmitted to the electric motor.
These are also used to control the speed of AC
induction motors. VFDs have widespread
applications in industries such as metal
mining, power generation, automotive, oil gas,
etc. Increasing focus on RD activities will lead
to improved performance and productivity, thereby
enlarging the application base. Therefore, the
growth of the VFD market is reliant on the usage
of these products across industry verticals. - Variable Frequency Drive Market Estimation
- The global variable frequency drive market was
valued at nearly USD 20 billion in 2019. It is
projected to register a compound annual growth
rate of around 5 from 2020 to 2026. Its
approximate valuation by the end of 2026 is
expected to reach USD 28 billion.
3Segmentation of the Report
- By Type
- AC Drives
- DC Drives
- Servo Drives
- By Power Range
- Low Power Range
- Medium Power Range
- High Power Range
- By Application
- Automotive
- Industrial
- Power Generation
- Infrastructure
- Oil Gas
- Food Beverage
- Others
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4Variable Frequency Drive Market Summery
- A new study on the global Variable Frequency
Drive Market has been published by Research CMFE.
It offers detailed information on key market
dynamics, including drivers, trends, and
challenges for the global Variable Frequency
Drive Market as well as its structure. The study
offers valuable information on the global
Variable Frequency Drive Market to illustrate how
the market is expected to expand during the
forecast period i.e. 20202026. - Key indicators of market growth, which include
value chain analysis and Compound Annual Growth
Rate (CAGR) have been elucidated in the Variable
Frequency Drive Market report in a comprehensive
manner. This data can help readers interpret the
quantitative growth aspects of the global
Variable Frequency Drive Market.
5Variable Frequency Drive Market Key Vendors
- Siemens
- Schneider Electric
- Danfoss
- Rockwell Automation
- Hitachi Group
- Crompton Greaves
- Eaton
- Yaskawa
- Fuji Electric
- General Electric
- WEG
- Nidec Motor Corporation
- TMEIC
- Emerson Electric Co.
- Mitsubishi Electric Corporation
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6Major Regions Covered in Report
- Regional Overview Analysis of Variable
Frequency Drive Market - North America (US and Canada)
- Europe (UK, Germany, France and Rest of Europe)
- Asia Pacific (China, Japan, India and Rest of
Asia Pacific) - Latin America (Brazil, Mexico and Rest of Latin
America) - Middle East Africa (GCC and Rest of Middle East
Africa) - Ask for more details _at_ https//www.researchcmfe.co
m/customization/41
7Highlights of Variable Frequency Drive Market
Report
- Overview of key market forces boosting and
restraining market growth - Up-to-date analyses of market trends and
technological improvements - Pin-point analyses of market competition to offer
you a competitive edge - Major competitors strategies analysis
- SWOT analysis of major industry segments
- Detailed analyses of Variable Frequency Drive
Market trends - An appropriately defined technological growth map
with Covid19 impact analysis - A clear understanding of the competitive
landscape and key product segments - Request For Sample Copy of Report
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