DUBLIN, Ireland, November 6, 2013 /PRNewswire/ --
Research and Markets ( http://www.researchandmarkets.com/research/pf2bjg/variable) has announced the addition of the "Variable Frequency/Speed Drives (VFD/VSD) Market - By Type (AC, DC, Servo), Voltage Range (Low, Medium), Power Range (Micro, Low, Medium, High) and Application (Pump, Fan, Compressor, Conveyors & Others) - Global Market Trends & Forecast to 2017" report to their offering.
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Growing demand for electrical efficiency and increasing investment in modernization of infrastructure will drive the global VFD (variable frequency drives)/VSD (variable speed drives)/ASD (adjustable speed drives)/inverters market to $18,854 million by 2017, with a CAGR of 8.7% from 2012 to 2017. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years.
The factors driving growth in the VFD market are rising energy prices, stringent efficiency regulations, and increased awareness about advantages of the drives. VFD is a highly developing market despite having a large base due to its enormous potential offered by these drives. Though the market experienced slight reduction in the growth rate in 2012; this effect will be short lived and the market will bounce back with steady growth in the future.
The report covers the global VFD market in major regions namely Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa under major applications such as pumps, fans, compressors, conveyors, elevators, extruders, and other applications (mixers, agitators, etc.). Various types of VFD included are AC drives, DC drives, and servo drives. Also, power ranges of VFD (micro power drives, low power drives, medium power drives, and high power drives); and voltage ranges of VFD (low voltage drives and medium voltage drives) are identified and included in this report.
For this report, various secondary sources such as chemical magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been referred to identify & collect information useful for this extensive commercial study of global VFD market. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.
This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives.
Key Topics Covered:
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
4 VARIABLE FREQUENCY DRIVES MARKET, BY TYPES
5 VARIABLE FREQUENCY DRIVES MARKET, BY APPLICATIONS
6 VARIABLE FREQUENCY DRIVES MARKET, BY POWER & VOLTAGE RANGE
7 VARIABLE FREQUENCY DRIVES MARKET, BY GEOGRAPHY
8 COMPETITIVE LANDSCAPE
9 COMPANY PROFILE
- ABB LTD
- AMERICAN ELECTRIC TECHNOLOGIES INC. (AETI)
- AMTECH ELECTRONICS INDIA LTD
- CROMPTON GREAVES LTD
- DANFOSS VLT DRIVES
- EATON CORP.
- EMERSON INDUSTRIAL AUTOMATION
- FUJI ELECTRIC CO. LTD
- GE ENERGY POWER CONVERSION
- HICONICS DRIVE TECHNOLOGY CO. LTD
- HITACHI LTD
- HONEYWELL INTERNATIONAL INC.
- JOHNSON CONTROLS INC.
- KB ELECTRONICS INC.
- MITSUBISHI ELECTRIC CORPORATION
- ROCKWELL AUTOMATION INC.
- SCHNEIDER ELECTRIC SA
- SIEMENS INDUSTRY INC.
- TOSHIBA INTERNATIONAL CORPORATION
- VACON PLC
- YASKAWA ELECTRIC CORP.
For more information visit http://www.researchandmarkets.com/research/pf2bjg/variable
SOURCE Research and Markets