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The publisher has been monitoring the variable frequency drives market and it is poised to grow by $7.37 bn during 2022-2026, accelerating at a CAGR of 6.02% during the forecast period. The report on variable frequency drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the presence of regulations that mandate the use of variable frequency drives in industries, the growing need for energy-efficient equipment, and increasing demand from HVAC and R applications.
The variable frequency drives market analysis includes end-user and type segments and geographic landscape.
The variable frequency drives market is segmented as below:
By End-user
- food and beverage
- water and wastewater treatment
- oil and gas
- power generation
- others
By Type
- low voltage drives
- medium voltage drives
By Geographical Landscape
- APAC
- Europe
- North America
- The Middle East and Africa
- South Americ
This study identifies the technological advances in variable frequency drives as one of the prime reasons driving the variable frequency drives the market growth during the next few years. Also, the advent of IoT in variable frequency drives, and the increased need for compact and integrated drive systems will lead to sizable demand in the market.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on variable frequency drives market covers the following areas:
- Variable frequency drives market sizing
- Variable frequency drives market forecast
- Variable frequency drives market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading variable frequency drives market vendors that include ABB Ltd., AMTECH SYSTEMS INC., Eaton Corp. Plc, Emerson Electric Co., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Johnson Controls International Plc, Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schaffner Group, Schneider Electric SE, Siemens AG, Spoc Automation Inc., Toshiba Corp., WEG SA, Yaskawa Electric Corp., and Danfoss AS. Also, the variable frequency drives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The publisher announces the Publication of its Research Report - Global Variable Frequency Drives Market 2022-2026The publisher recognizes the following companies as the key players in the global variable frequency drives market: ABB Ltd., AMTECH SYSTEMS INC., Eaton Corp. Plc, Emerson Electric Co., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Johnson Controls International Plc, Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schaffner Group, Schneider Electric SE, Siemens AG, Spoc Automation Inc., Toshiba Corp., WEG SA, Yaskawa Electric Corp., and Danfoss AS.
Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is technological advances in variable frequency drives.'
According to the report, one of the major drivers for this market is the presence of regulations that mandate the use of variable frequency drives in industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- AMTECH SYSTEMS INC.
- Eaton Corp. Plc
- Emerson Electric Co.
- Fuji Electric Co. Ltd.
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- Johnson Controls International Plc
- Kollmorgen Corp.
- Mitsubishi Electric Corp.
- Nidec Corp.
- Rockwell Automation Inc.
- Schaffner Group
- Schneider Electric SE
- Siemens AG
- Spoc Automation Inc.
- Toshiba Corp.
- WEG SA
- Yaskawa Electric Corp.
- Danfoss AS
