Variable Frequency Drives Market
would play a major role in the rising demand for VFDs in Asia Pacific. Significant growth in the other industries in Asia Pacific such as power, infrastructure, hydrocarbons, and automobile manufacturing is expected to fuel the demand of VFDs throughout the forecast period.
The Middle East and Asia Pacific have highly developed manufacturing sectors from both an economic and technological perspective. As infrastructure development and manufacturing activities in these regions increase, demand for VFDs is also expected to rise at constant rates.
Companies such as Abb Ltd., Siemens AG, Schneider Electric Industries S. A. S., Crompton Greaves Ltd., Eaton Corporation, Emerson Industrial Automation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation and Vacon PLC are expected to dominate the market in the near future.
Global Variable Frequency Drive( VFD) Market: Voltage Range Analysis
• Low Voltage
• Medium Voltage
Global Variable Frequency Drive( VFD) Market: Type Analysis
• AC
• DC
• Servo
Global Variable Frequency Drive( VFD) Market: End-Use Application Analysis
• Manufacturing
• Chemical Processing
• Infrastructure Development
• Oil and Gas
• Automotive
• Power Generation
Transparency Market Research
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