Global Variable Frequency Drive (VFD) Market - Analysis by Deployment Location - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3612115
  • Report
  • Region: Global
  • 127 pages
  • Mordor Intelligence
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  • ABB Drives
  • Anaheim Automation
  • Fuji Electric Global
  • Hitachi
  • Kirloskar Electric
  • Mitsubishi
  • MORE
The market for global Variable Frequency Drive (VFD) is expected to be USD XX billion at the end of the year 2015 and by the end of 2020 it is estimated to reach USDXX billion. The market is expected to grow at a rate of XX%. When an AC motor starts gaining its full speed with full voltage connection, it produces high torque for the motor. This high torque can shock the attached electrical equipment and possibly damage it. VFD are used in this situation to regulate the current and torque. Variable Frequency Drive (VFD) is a power electronics device that is used transform a fixed frequency and fixed voltage AC power into variable frequency and variable voltage power. So VFD is used to control the speed of the motor.

VFDs are used generate variable motor performance using AC motors. VFDs are widely used in home, commercial as well as industrial domains. These are used in actuators, air cleaners, ball pitching machines, amusement parks. VFDs are also used in conveyors, boat lifts, CNC machines, door openers, drilling machines, fans, feeders, film processing etc. these are also used in garment cutting, grinding, polishing, HVAC equipment, machine tools, shakers and sprayers, portable equipment, sand blasting machines, electrical saws, textile, treadmill, washing machine, metal cutters lathe machines, vacuum cleaners, elevators and hoists.

The power consumption of a motor is directly proportional to its cube of velocity. Thus if a motor is run at 80% of its efficiency it saves 51% of its power. The primary role of a VFD is to provide the ability to control the speed of the motor. So the regulation of speed directly results in energy consumption and results in savings. It is estimated that electric motors use 40% of total energy used. It is estimated that if VFDs are used judiciously, the global energy consumption can reduce by at least 10%. Furthermore induction motors operate at low power factor between 0.75%-0.85percent of its load. Due to increase in current overheating and insulation the life of the motor gets reduced. Since VFDs operate at high power factor and adjust the load reaching the motor, its use leads to less strain on it. Hence by using VFD the lifetime of the motor is increased. VFDs also have problems associated with it. First is the amount of heat generated by it. So it cannot be placed near inflammatory substances and must be kept in a secure location. Secondly, crosstalk is another major issue with VFDs. When signal of one circuit affects another circuit performance, cross talk is said to occur. It is major challenge in the domain of power electronics that affects the performance of the equipment and causes overheating and also frequency relay trips.

VFD consists of several parts. This includes, electric motor, controller, operator interface and drive controller. VFDs can also be divided as per variable torque, constant torque and constant power types. Based on inverter drives, VFDs can be categorized as voltage-source inverter (VSI) drive, current source inverter drive, six step inverter drive, load communicated inverter (LCI) drive, matrix converter (MC) and doubly-fed slip recovery system.

An AC motor can be run at constant speed but if it is required to generate performance at specific speeds then it is required to use a VFD. Certain high performance systems have attributes like their speed may be positive and torque can be in any direction, speed positive and torque changes polarity or both can be in any directions. In some systems torque can be either fixed or variable. In these instances to control the performance of the AC motor the role of a VFD is critical. The induction motor runs at a synchronous speed due to the torque. At higher loads there is a mismatch between synchronous speed and the motor. In this case, motor acts like a generator where electrical power is generated out of mechanical power. An electronic control switch needs to be used in this case to control this dynamic brake. Since this has got high capital ramifications this phenomena must be checked immediately. Voltage source inversion (VSI) drives are known to cause motor cogging. It is a phenomena where, operating at below 6 Hz speed the motor performance is affected. In this case alternative VFDs have to be used.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
Note: Product cover images may vary from those shown
2 of 4


  • ABB Drives
  • Anaheim Automation
  • Fuji Electric Global
  • Hitachi
  • Kirloskar Electric
  • Mitsubishi
  • MORE
1. Introduction

1.1 Study Deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and Forecast Period Years
2. Research Methodology

2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions
3. Executive Summery

4. Key Inferences

5. Market Overview and Technology Trends
5.1 Current Market Scenario
5.2 Applications of Global Variable Frequency Drive
5.3 Investment Analysis
5.4 Porters Five Forces Framework
5.5 Bargaining Power of Supplier
5.6 Bargaining Power of Consumer
5.7 Threat of New Entrants
5.8 Threat of Substitute of Products and Services
5.9 Competitive Rivalry Within The Industry
5.10 Drivers, Restraints, Opportunities, and Challenges Analysis (Endogenous Factors)
5.11 Market Drivers
5.11.1 Energy Savings
5.11.2 Extension of Motor Life
5.12 Market Restraints
5.12.1 Heat Loss
5.12.2 Cross Talk
5.13 Key Challenges
5.13.1 Dynamic Braking
5.13.2 Motor Cogging
5.14 Current Opportunities in the Market
5.14.1 High Performance Motor Control
5.14.2 Custom Control
5.15 Technology Trends
5.15.1 New Developments
5.15.2 Industry Value Chain Analysis
5.15.3 Product Life-Cycle Analysis
5.15.4 Product Benchmarking

6. Global Variable Frequency Drive Market, by Component
6.1 AC Motor
6.2 Controller
6.3 Operator Interface
6.4 Drive Controller

7. Global Variable Frequency Drive Market, by Type
7.1 Voltage-source inverter (VSI) Drive
7.2 Current-source inverter (CSI) Drive
7.3 Six-step inverter Drive
7.4 Load commutated inverter (LCI) Drive
7.5 Cycloconverter or matrix converter (MC)
7.6 Doubly fed slip recovery system
7.7 Variable Torque Drive
7.8 Constant Torque Drive
7.9 Constant Power Drive

8. Global Variable Frequency Drive Market, by Industry Type
8.1 Signal Processing
8.2 Industrial Power
8.3 Actuators
8.4 Washing Machines
8.5 Grinding Polishing
8.6 Machine Tools
8.7 Pump
8.8 Fan
8.9 Elevators and Hoists

9. Global Variable Frequency Drive Market, by Geography - Regional Share and Forecasts
9.1 North America (NA)
9.1.1 Introduction
9.1.2 United States
9.1.3 Canada
9.1.4 Rest of North America
9.2 Europe
9.2.1 Introduction
9.2.2 Germany
9.2.3 United Kingdom
9.2.4 France
9.2.5 Italy
9.2.6 Spain
9.2.7 Russia
9.2.8 Rest of the Europe
9.3 Asia-Pacific (APAC)
9.3.1 Introduction
9.3.2 China
9.3.3 Japan
9.3.4 India
9.3.5 Australia
9.3.6 South Korea
9.3.7 Rest of Asia-Pacific
9.4 Middle-East and Africa (MEA)
9.4.1 Introduction
9.4.2 UAE
9.4.3 Saudi Arabia
9.4.4 Israel
9.4.5 Rest of the MEA
9.5 Latin America
9.5.1 Introduction
9.5.2 Brazil
9.5.3 Argentina
9.5.4 Mexico
9.5.5 Rest of Latin America

10. Competitive Landscape
10.1 Market Share Analysis
10.2 Organic and Inorganic Growth Strategies
10.3 Patent Analysis
10.4 The Challengers
10.5 Zero-Sum Quadrant

11. Key Vendor Analysis
11.1 Kirloskar Electric
11.2 Parker
11.3 Siemens
11.4 Schneider Electric
11.5 Emerson Industrial Automation
11.6 ABB Drives
11.7 Mitsubishi
11.8 Hitachi
11.9 Fuji Electric Global
11.10 Anaheim Automation
11.11 WEG
11.12 Yaskawa
12. Analyst Outlook for Investment Opportunities
13. Future Outlook of the Market
14. Appendix
Note: Product cover images may vary from those shown
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4 of 4
- Kirloskar Electric
- Parker
- Siemens
- Schneider Electric
- Emerson Industrial Automation
- ABB Drives
- Mitsubishi
- Hitachi
- Fuji Electric Global
- Anaheim Automation
- Yaskawa
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown