Technology Research Reports Variable Frequency Drive Market

Further key findings from the study suggest: • AC VFDs offer easy integration and low maintenance cost. Therefore, the segment is expected to emerge as the leading as well as the fastest growing segment over the forecast period • Demand for VFDs is estimated to increase in the pumps application segment owing to increasing penetration of these drives in hydraulic operations across the oil & gas and wastewater industries. • Latin America is anticipated to be the fastest-growing region over the forecast period due to spiraling adoption of VFDs across emerging industrial sectors in the region • Some of the prominent industry players are ABB, Ltd.; Siemens AG; Schneider Electric SE; Rockwell Automation; Inc.; Danfoss Global; and WEG. Grand View Research has segmented the global variable frequency drive market based on product type, power range, application, end-use, and region: Variable Frequency Drive Product Type Outlook (Revenue, USD Million, 2014 - 2025) • AC Drives • DC Drives • Servo Drives Variable Frequency Drive Power Range Outlook (Revenue, USD Million, 2014 - 2025) • Micro • Low • Medium • High Variable Frequency Drive Application Outlook (Revenue, USD Million, 2014 - 2025) • Pumps • Electric Fans • Conveyors • HVAC • Extruders • Others Variable Frequency Drive End-Use Outlook (Revenue, USD Million, 2014 - 2025) • Oil & Gas • Power Generation • Industrial • Infrastructure • Automotive Follow Us:

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