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Variable frequency drive (vfd) market
1.
Variable Frequency Drive
(VFD) Market December 2017 ©2015 Future Market Insights, All Rights Reserved Report Id : REP-GB-140 Status : Publish Category : Industrial Automation and Equipment
2.
About Future Market Insights ©2015
Future Market Insights, All Rights Reserved Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client.Research Capabilities Subscription Information Customized Research Syndicated Research Investment Research Social Media Research Sector Coverage Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Customize d Research Syndicated Research Investment Research Social Media Research 2
3.
Research Methodology (1/2) Systematic
Research Approach In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts PMR conducts interviews with industry experts, industry players, distributors and retailers Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution A C B Primary Research Company Analysis Desk Research Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Key industry experts Channel study Developments Market dynamics Products Conclusions SOLUTION Primary Research # Linkedin Zoominfo Salesforce Avention Factiva GBI Genios Meltwater Company websites Company annual reports White papers Financial reports ©2015 Future Market Insights, All Rights Reserved Secondary Research # Paid Publications# Insights Market profiling Formulating discussion guide Developing list of respondents Data analysis Data validation Data collection 1 2 3 4 5 6 7 # includes sources of databases 3
4.
Future Market Insights
(FMI) delivers key insights on the global variable frequency drive market in its latest report titled “Variable Frequency Drive (VFD) Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2026.” According to FMI’s report, the variable frequency drive (VFD) market is expected to increase at 7.2% CAGR in terms of value during 2016-2026; volume-wise, FMI estimates the VFD market to expand at 8.5% CAGR. Growth of the global variable frequency drive market is mainly driven upsurge in energy prices, introduction of variable frequency drives that can be retrofitted on existing motors, widening application areas, and tightening of energy-efficiency norms. VFD manufacturers are focusing on diversifying their variable frequency drive portfolio in order to enhance their presence in the market. FMI’s report has segmented the variable frequency drive market on the basis of drive type, voltage range, application type, end-use application, and end-use industry. Variable Frequency Drive (VFD) Market ©2015 Future Market Insights, All Rights Reserved 4
5.
On the basis
of drive type, the market has been segmented into AC, DC and Servo variable frequency drive segments. The AC variable frequency drive segment accounted for over 70% value share of the global variable frequency drive market in 2014. However, by the end of 2026, this segment is expected to witness a decline of 110 BPS in its market share. On the basis of voltage range, the VFD market is segmented into medium and low. Low voltage range VFDs account for higher market share, and this segment is expected to increase at 7% CAGR in terms of revenue. Variable frequency drive market segmentation by application type includes standard and regenerative segments. In terms of value as well as volume, the regenerative application type segment is anticipated to expand at a higher CAGR during 2016-2026. Visit For TOC @ https://www.futuremarketinsights.com/toc/rep-gb-140 Variable Frequency Drive (VFD) Market ©2015 Future Market Insights, All Rights Reserved 5
6.
By end-use application,
the global variable frequency drive market is segmented into pump, HVAC, fans, compressor, conveyor and ‘other’. Among these, the pump segment dominated the overall market in terms of value with over 30% share in 2014; however, this segment will witness a decrease of 90 BPS in its market share by the end of 2026. By end-use industry, the market is segmented into oil & gas, food processing, automotive, metals & mining, pulp & paper and other end- use industries. Of these segments, the oil & gas end-use industry segment dominated the market in terms of both value and volume contribution in 2014. Region-wise, the Asia Pacific Excluding Japan (APEJ) market dominated the global VFD market in 2014, accounting for over 30% share in terms of both value and volume. APEJ is expected to remain the most lucrative market for variable frequency drives during the forecast period as well. Expansion of industrial base and manufacturing capacities is fuelling the growth of APEJ market. Variable Frequency Drive (VFD) Market ©2015 Future Market Insights, All Rights Reserved 6
7.
Key Players in
Variable Frequency Drive Market Some of the key players identified in the global variable frequency drive market are Fuji Electric Co. Ltd., Mitsubishi Electric Corporation, Siemens AG, ABB Ltd., American Electric Technologies Inc., General Electric Company, Hitachi Limited, Honeywell International Inc., Rockwell Automation Inc., Johnson Controls Inc., Emerson Industrial Automation, Toshiba International Corporation and Schneider Electric SE. Major players in the market follow the strategy of introducing innovative and cost-effective variable frequency drives to buy out competition. Variable Frequency Drive (VFD) Market ©2015 Future Market Insights, All Rights Reserved 7
8.
©2015 Future Market
Insights, All Rights Reserved Future Market Insights Global & Consulting Private Limited (FMI) Thank You To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com 8
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