January 27, 2020

Global Variable Frequency Drive Market Analysis By Size, Share, Growth, Trends, With Regional Forecast To 2023 Research Report

Market Research Future Published a Half-Cooked Research Report on Variable Frequency Drive Market Outlook Research Report.

Variable Frequency Drive Market Overview

The rising impetus on energy efficiency is contributing in a major way to the demand for variable frequency drives. Market reports associated with the energy and power sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is projected to progress with a 6.3% CAGR over the forecast period.

The escalating usage of appliances has prompted the growth in the market of late. Rising government initiatives linked to the reducing energy usage is expected to benefit the market for variable frequency drives. Factors such as rising construction levels for infrastructure and buildings coupled with rising industrialization is expected to fuel the market over the forecast period.

Segmental Analysis

The segmentation of the VFD market is carried out on the basis of application, type, end-use, and region. On the basis of type DC, AC, and servo. By application, the market is segmented into extruder, pumps, compressor, fans, others. The end-user segment of the market comprises of power generation, industrial, oil & gas, infrastructure and others. The region-based segmentation of the market consists of North America, Europe, APAC and rest of the world.

Detailed Regional Analysis

The VFD market is anticipated to develop at a remarkable pace through the forecast period due to automation in the power industry and growing infrastructure sector. The Asia Pacific region is likely to control the market for the variable frequency drive. South Korea, China, Japan, India, and Indonesia are the most rapidly rising nations, which are the chief markets for industrial and infrastructure sectors. Industries such as oil & gas, metals, and mining are implementing the drives to lessen the energy consumption and to control the CO2 emission. The Middle East region will trail the Asia Pacific region in the market for variable frequency drive due to the mounting construction industry. In the European region, the developing automotive sector is anticipated to lead the market’s development.

Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued…

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