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Global Variable Frequency Drives (VFD) Market 2022 - Industry Briefing

The global variable frequency drives market is expected to increase by USD 3.6 billion, at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2028, according to the latest edition of the Global Variable Frequency Drives Market

Region : 120110891651 | Price: 2900 | Report ID: 120110891651
The global variable frequency drives market is expected to increase by USD 3.6 billion, at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2028, according to the latest edition of the Global Variable Frequency Drives Market Report.

This industry report offers market estimates of the global market, followed by a detailed analysis of the power rating, end user, and region. The global market data on variable frequency drives can be segmented by power rating: low voltage, medium voltage. Variable frequency drives market is further segmented by end user: energy and power plants, food and beverages, infrastructures, mining and metals, pulp and paper, others. The energy and power plants segment held the largest share of the global variable frequency drives market in 2021 and is anticipated to hold its share during the forecast period. Based on region, the variable frequency drives market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW).

The global variable frequency drives market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players ABB Ltd., Crompton Greaves Consumer Electricals Limited, Danfoss A/S, Eaton Corporation plc, Fuji Electric Co. Ltd., Hitachi Hi-Rel Power Electronics Private Limited, Honeywell International Inc., Mitsubishi Electric Corporation, Nidec Corporation, Rockwell Automation Inc., Schneider Electric SE, Schneider Electric SE, Siemens AG, Toshiba Corporation, WEG SA, Yaskawa Electric Corporation.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

Why buy this report?
- Get a detailed picture of the Global Variable Frequency Drives Market
- Identify segments/areas to invest in over the forecast period in the Global Variable Frequency Drives Market
- Understand the competitive environment, the marketís leading players
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.
Part 1. Summary
Part 2. Introduction
∑ Study period
∑ Geographical scope
∑ Market segmentation
Part 3. Variable frequency drives market overview
Part 4. Market breakdown by power rating
∑ Low voltage
∑ Medium voltage
Part 5. Market breakdown by end user
∑ Energy and power plants
∑ Food and beverages
∑ Infrastructures
∑ Mining and metals
∑ Pulp and paper
∑ Others
Part 6. Market breakdown by region
∑ North America
∑ Europe
∑ Asia-Pacific
∑ Rest of the World (RoW)
Part 7. Key companies
∑ ABB Ltd.
∑ Crompton Greaves Consumer Electricals Limited
∑ Danfoss A/S
∑ Eaton Corporation plc
∑ Fuji Electric Co., Ltd.
∑ Hitachi Hi-Rel Power Electronics Private Limited
∑ Honeywell International Inc.
∑ Mitsubishi Electric Corporation
∑ Nidec Corporation
∑ Rockwell Automation, Inc.
∑ Schneider Electric SE
∑ Schneider Electric SE
∑ Siemens AG
∑ Toshiba Corporation
∑ WEG SA
∑ Yaskawa Electric Corporation
Part 8. Methodology

 

Research Methodology

 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.