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May 27, 2020, 11:56 p.m. EDT

What are the segments booming in Variable Frequency Drive Market?

Top Players in Variable Frequency Drive Market are ABB Ltd., Siemens AG, Schneider Electric, Rockwell Automation, Inc., Eaton Corporation, Danfoss, WEG Industries, General Electric Company, Hitachi Ltd., Yaskawa Electric Corporation, and Invertek Drives

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May 27, 2020 (The Expresswire) -- The ability of variable frequency drive to decrease the energy cost and consumption of energy is anticipated to surge the global variable frequency drive market growth during the forecast period. According to an upcoming report by Fortune Business Insights, titled, " Variable Frequency Drive "Market Size, Share and Global Trend By Type (AC Drive, DC Drive, Servo Drive), By Power Range (Micro Power, Low Power, Medium Power, High Power), By Application (Pumps, Electric Fans, Conveyers, HVAC, Others), By End User (Food and Beverages, Oil and Gas, Power generation, Infrastructure, Automotive, Others), and Geography Forecast till 2026,” variable frequency drive is very helpful in the manufacturing sector for operating the motor efficiently and reducing the cost of maintenance. It helps in increasing production. All these factors are expected to propel the global variable frequency drive market in the coming years.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/variable-frequency-drive-market-100876

Fortune Business Insights profiles some of the renowned market players operating in the global variable frequency drive market. They are:

  • General Electric Company

  • ABB Ltd.

  • Invertek Drives

  • Eaton Corporation

  • Schneider Electric

  • Hitachi Ltd.

  • Rockwell Automation, Inc.

  • Yaskawa Electric Corporation

  • Siemens AG

  • WEG Industries

  • Danfoss

Invertek Drives Ltd. Appoints Electro-Pneumatic Solutions as its Sales Partner

Invertek Drives Ltd., a designer and manufacturer of sophisticated electronic variable speed drives, based in Powys, announced in May 2019 that it appointed Electro-Pneumatic Solutions (EPS) as its sales partner for Montenegro, Macedonia, Kosovo, and Serbia. EPS is a prominent leader in solutions for industrial and automation processes. It works with companies in robotics, renewables, energy, food processing, pharmaceuticals, and mechanical rooms. The company would help in offering sales and servicing of the Opidrive range of variable frequency drives and similar other technologies for Invertek. The company recently completed a 5,500 sq. meter global distribution and manufacturing centre in the U.K. It would aid Invertek in rapidly increasing production.

Variable Frequency Drive Market Landscape and Market Scenario Includes:

  • Current market size estimate

  • Revenues by players Top Companies

  • Market size by product categories

  • Market size by regions/country

  • Key Market Driver Increase demand for efficiency and productivity devices

  • Key Market Restraint Highly expensive

To gain more insights into the market, click here https://www.fortunebusinessinsights.com/industry-reports/variable-frequency-drive-market-100876

Segmentation of Variable Frequency Drive Market

1. By Type

  • AC Drive

  • DC Drive

  • Servo Drive

2. By Power Range

  • Micro Power

  • Low Power

  • Medium Power

  • High Power

3. By Application

  • Pumps

  • Electric Fans

  • Conveyers

  • HVAC

  • Others

4. By End User

  • Food and Beverages

  • Oil and Gas

  • Power generation

  • Infrastructure

  • Automotive

5. By Geography

  • North America (USA and Canada)

  • Europe (UK, Germany, France, Spain, Italy, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East and Africa (South Africa, GCC, and Rest of Middle East and Africa)

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