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Variable Frequency Drives Market Analysis, Development, Growth and Demand Forecast to 2020 By P&S Market Research

 



(EnergyIndustry.Net, January 28, 2016 ) Some of the other major factors driving the growth of the global variable frequency drives market are increasing adoption of variable frequency drives in induction motor systems, and growing awareness regarding the usage of variable frequency drives. In addition, the major players such as Fuji Electric Co. Ltd. and Danfoss Group are investing huge capital for the development of next-generation variable frequency drives; which is again fueling the growth of the global variable frequency drives market.

Explore More at: https://www.psmarketresearch.com/market-analysis/variable-frequency-drives-market

Moreover, the increased demand for variable frequency drives in large pump applications and HVAC (heating, ventilation and air conditioning) fan systems, stringent environment regulations in different countries across the globe, and rapid infrastructure development in the emerging economies of Asia-Pacific and Latin America are creating ample opportunities for the growth of the global variable frequency drives market, during the forecast period. Moreover, the increasing focus of major players for the advancements in simulation technology and semiconductor devices, and new product development are the key trends witnessed in the global variable frequency drives market. However, the high cost of variable frequency drives and huge capital required for its development and manufacturing are some of the factors, restraining the growth of the global variable frequency drives market to some extent.

Request Table of Content: https://www.psmarketresearch.com/market-analysis/variable-frequency-drives-market/toc-sample

Geographically, Asia-Pacific dominates the global variable frequency drives market, owing to high energy consumption in the region, and high growth of healthcare and automotive industries. In addition, the several government regulations and initiatives to reduce power consumption are supporting the growth of the variable frequency drives market in the region. China leads the Asia-Pacific variable frequency drives market, which is driven by increasing electricity demand, increasing infrastructure development, and growth in variable frequency drives usage for reducing energy consumption.

Browse Related Research: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

The key players operating in the global variable frequency drives market are Crompton Greaves Limited (an Avantha Group company), ABB Ltd., Emerson Industrial Automation, General Electric Company, Danfoss Group, Eaton Corporation plc, Fuji Electric Co. Ltd., Vacon Plc, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric, Hitachi Ltd., and Toshiba International Corporation.

MARKET SEGMENTATION
Global Variable Frequency Drives Market, By Voltage Range
• Low Voltage
• Medium Voltage
Global Variable Frequency Drives Market, By Power Range
• Micro Power
• Low Power
• Medium Power
• High Power
Global Variable Frequency Drives Market, By Type
• AC Drives
• DC Drives
• Servo Drives
Global Variable Frequency Drives Market, By Application
• Fans
• Pumps
• Compressors
• Extruder
• Elevators
• Conveyors
• Others
Global Variable Frequency Drives Market, By End-User
• Chemical Processing
• Manufacturing
• Oil and Gas
• Power Generation
• Automotive
• Others
Global Variable frequency drives Market, By Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Rest of the World

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com


P&S Market Research

Abhishek

1-888-778-7886

enquiry@psmarketresearch.com

Source: EmailWire.Com

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