New York, NY -- (SBWIRE) -- 10/09/2017 -- Global Variable Frequency Drives (VFD) market is accounted for $18.12 billion in 2015 and is expected to reach $34.36 billion by 2022 growing at a CAGR of 9.5% during the forecast period. Increase in demand, price of the electricity, enlarging usage of variable frequency drives and following the best energy efficiency standards in manufacturing VFD are the major factors influencing the market growth. Whereas lack of investments on VFD is lagging back the market growth. As it has huge potential to replace, it provides ample of opportunities for the market to grow. However, healthy competition among the players in the market is challenge for market.

Try sample report @ https://www.wiseguyreports.com/sample-request/562753-variable-frequency-drives-vfd-global-market-outlook-2015-2022

Pumps in variable frequency drives (VFD) application market segment holds the largest share and has highest CAGR during the forecast period because of rapid industrialisation, oil extraction and considerable growth of construction in developing countries. Asia pacific is the largest market for variable frequency drives because of rapid industrialization, but Africa and Middle East in rest of the world region had recorded fastest growth during forecast period.

Some of the key players in the market are Hitachi Ltd., Rockwell Automation Inc., American Electric Technologies Inc. (AETI), Fuji Electric Co. Ltd., ABB Ltd., GE Energy Power Conversion, Schneider Electric Co., Toshiba International Corporation, Mitsubishi Electric Corporation, Crompton Greaves Limited, Siemens AG, Honeywell International Inc., Johnson Controls Inc., Emerson Electric Co., Eaton Corporation Plc., and Danfoss.

For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/variable-frequency-drives-vfd-global-market-outlook-2015-2022

Applications Covered:
- Conveyors
- Extruders
- Pumps
- Fans
- Compressors
- Extruder
- Other Applications

Drive Types Covered:
- DC Drive
- Servo Drive
- AC Drive

Voltage Ranges Covered:
- Medium Voltage (>691 V)
- Low Voltage (0–690 V)

Components Covered:
- Controller
- Drive Controller
- AC Motor
- Operator Interface

Power Range covered:
- High Power Drives (>200 kW)
- Medium Power Drives (41 kW–200 kW)
- Low Power Drives (6 kW–40 kW)
- Micro Power Drives (0–5 kW)

Types of VFD covered:
- Cycloconverter or matrix converter (MC)
- Voltage-source inverter (VSI) Drive
- Variable Torque Drive
- Load commutated inverter (LCI) Drive
- Current-source inverter (CSI) Drive
- Constant Power Drive
- Six-step inverter Drive
- Doubly fed slip recovery system
- Constant Torque Drive

End Users Covered:
- Chemical processing
- Manufacturing
- Automotive
- Oil & Gas
- Infrastructure Development
- Pulp & Papers
- Mining & Metals
- Power Generation
- Food Processing
- Other End Users

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Make an enquiry before buying this Report @ https://www.wiseguyreports.com/enquiry/variable-frequency-drives-vfd-global-market-outlook-2015-2022

Major Points Contained in Table of content     

4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Variable Frequency Drives (VFD) Market, By Application
 5.1 Introduction 
 5.2 Conveyor  
 5.3 Pump  
 5.4 Elevator  
 5.5 Fans   
 5.6 Extruder  
 5.7 Compressor 
 5.8 Other Applications 
    
6 Global Variable Frequency Drives (VFD) Market, By Drive Type
 6.1 Introduction 
 6.2 DC Drive  
 6.3 Servo Drive 
 6.4 AC Drive  

About Wise Guy Reports
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.

Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
Follow on LinkedIn: https://www.linkedin.com/company/wise-guy-research-consultants-pvt-ltd-?trk=biz-companies-cym