The major portion of the demand for frequency converter comes from aerospace & defence. Increasing import and export activities for manufactured goods across countries worldwide are expected to boost the demand of frequency converters in process industry. The global frequency converter market to $XX billion by 2021, at a CAGR of XX % from 2015 to 2021. In 2015, the market size of global frequency converter was valued at$ XX billion.
SAMPLE FIGURE: FREQUENCY CONVERTER MARKET CLASSIFICATION
Source: Publisher's Analysis and Expert Insights
Frequency converters are suitable in distinctive industrial applications that are used to match the frequency of power supply with the frequency of the electrical equipment connected. Demand to run the electric machinery and equipment effectively and cost efficiently across various sectors is the key reason behind the rise in usage of frequency converters. Frequency converters are being used in various industries namely aerospace & defense, process industry, power & energy, oil & gas, marine and traction among others.
Europe dominated the frequency converter market in 2015, followed by North America. In North America and South America, the frequency requirement of the alternating current in household electrical is 60 Hz. In most of Europe, Africa, Australia, and Russia, the frequency of the alternating current in household electrical outlets is 50 Hz. Increasing expenditure in industries and regulations from government would create demand for frequency countries globally.
SAMPLE FIGURE FREQUENCY CONVERTER MARKET REVENUE, BY GEOGRAPHY, 2015(%)
Source: Publisher's Analysis, Expert Insights
Asia-pacific region is projected to have highest growth in the upcoming years due to growing adoption of frequency converter market in industrial applications. Asia-pacific frequency converter market accounts to xx% of the global market for frequency converter market and is the fastest growing market followed by north america. In Europe aerospace & defence as well as oil industry is the major end users of frequency converter market.
Key players for frequency converter market include ABB ltd, Danfoss A/S, Simens AG, General Electric company, Aplab Ltd and others.
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2. Executive Summary
3. Frequency Converter Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user Profiling
3.2.3. Top 5 Financials Analysis
4. Frequency Converter Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the frequency converter market Industry
4.3.1. Power of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree of Competition
5. Frequency Converter Marketstrategic Analysis
5.1. Frequency Converter Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis
6. Frequency Converter Market- By Types
6.2. Rotatory frequency converter
6.3. Static frequency converter
7. Frequency Converter Market-By Enduser Industry
7.2. Aerospace & Defence
7.3. Power & Energy
7.4. Oil & Gas
8. Frequency Converter Market -By Geography
8.3.2. South Korea
8.4. Rest of The World (RoW)
8.4.3. South America
9. Frequency Converter Market-Entropy
9.1. New Product Developments
9.2. Mergers and Acquisitions
10. Company Profiles
10.1. ABB Ltd
10.2. Siemens AG
10.3. Aplab Ltd
10.4. General electric company
10.5. Danfoss A/S
10.7. Avionic Instruments LLC
10.8. Georator Corporation
10.9. KGS Electonics
10.10. Piller GMBH
10.11. Sine Power
10.12. C & D Technologies, Inc.
10.13. Gamatronic Electronic Industries Ltd.
10.14. Sotca Inc
10.15. Frequency Electronics.Inc
10.16. Teletronics International Inc
10.17. Electro-motion Inc
10.18. Thycon Pty Ltd
10.19. Horlick Company Inc
10.20. Srayfield Ltd
10.21. MDS Power Inc
10.22. Inductron industrial
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"