New York, NY -- (SBWIRE) -- 10/24/2017 -- Variable Frequency Drives Market 2017
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.
The analysts forecast the global variable frequency drives market to grow at a CAGR of 5.23% during the period 2017-2021.
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
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The 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.
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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Table of Contents –Analysis of Key Points
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market e by power rating
- Market overview
- Global variable frequency drives market by power rating less than 1000 kW
- Global variable frequency drives market by power rating greater than 1000 kW
PART 07: Market segmentation by end-user
- Market overview
- Global variable frequency drives market in food and beverage industry
- Global variable frequency drives market in water and wastewater treatment industry
- Global variable frequency drives market in oil and gas industry
- Global variable frequency drives market in power generation industry
- Global variable frequency drives market in mining and metals industry
- Global variable frequency drives market in others industry
PART 08: Geographical segmentation
- Market overview
- Variable frequency drives market in APAC
- Variable frequency drives market in EMEA
- Variable frequency drives market in Americas
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Improved cooling and increased functionality of the drives
- Integration of IoT in drives
- Increasing need for regenerative drives
- Regulations on energy efficiency and growing concern for renewable energy
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