Market Research Report
Europe Variable Frequency Drives Market - By Type (AC Drives, DC Drives, Servo Drives), Power Ratinng, Voltage Rating, Application, Geography, Trends, Forecast - (2017 - 2022)
|Published by||Mordor Intelligence LLP||Product code||393097|
|Published||Content info||98 Pages
Delivery time: 2-3 business days
|Europe Variable Frequency Drives Market - By Type (AC Drives, DC Drives, Servo Drives), Power Ratinng, Voltage Rating, Application, Geography, Trends, Forecast - (2017 - 2022)|
|Published: January 29, 2017||Content info: 98 Pages||
The Europe Variable Frquency Drives market is expected to grow from USD XX.XX Billion in 2016 to USD XX.XX Billion in 2022, at a CAGR of 5.32% during the period 2017 to 2022. Europe is known as an automotive hub with number of companies based out of countries like Germany, Italy, UK etc. For the production line to run efficiently, the Variable Frequency Drive is used. So with the growth in production, the market for variable frequency drives will also increase.
A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor. VFD are also known as variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, microdrive, and inverter. With the rising energy demand and increasing price of electricity, VFDs are now increasingly used for different applications across various industries. Some of the other factors contributing to the growth of these are focus of government on efficient energy savings and environmental regulations. VFDs are of three different types: mechanical drives, electric drives and fluid drives.
This technology is hardly new, but the uses have increased manifold. The demand for these is expected to grow in developing countries as they are they have huge requirement for infrastructure and energy. The vendors have revenue generating opportunities in these markets and expand their existing operations.
Some of the vendors mentioned in the report are: Eaton, ABB, GE, Crompton Greaves, Siemens, Mitsubishi and Hitachi.
2. Executive Summary
3. Market Insights
4. Technology Overview
5. VFD Market Size and Forecast by Types
6. VFD Market Size and Forecast by Applications
7. Europe VFD Market Segmentation by Country
8. VFD Vendor Market Share
9 Competitive Intelligence and Profiles of VFD Vendors
10. Investment Analysis
11. Future of EuropeVFD Market
List of Figures
List of Tables Abbreviations