Variable Frequency Drives Market Worth $22.73 Billion by 2019 – New Report by MarketsandMarkets

Share Article

The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and key burning issues in the variable frequency drives market.



Key players in VFD market are ABB Ltd. (Switzerland), American Electric Technologies Inc. (AETI) (U.S.), Amtech Electronics India Ltd. (India), Crompton Greaves (India), Danfoss VLT Drives (Denmark), Eaton (Ireland), Emerson Industrial Automation (U.S.)

According to market research report, “Variable Frequency Drives Market by Type (AC, DC, Servo), Power Range (Micro, Low, Medium, High), Voltage (Low & Medium), Application (Pump, Fan, Compressor, Conveyor, Elevator, Extruder) and Geography - Global Market Trends & Forecast to 2019” defines and segments the global variable frequency drives market with an analysis and forecast of the market size. The variable frequency drives market will grow from an estimated $16.64 billion in 2014 to $22.73 billion by 2019, with a CAGR of 6.44% from 2014 to 2019.

Browse 96 market tables and 40 figures spread through 326 pages and in-depth TOC on "Variable Frequency Drives Market - Trends & Forecast to 2019:"

Early buyers will receive 10% customization on reports.

Asia-Pacific: Largest market for variable frequency drives
Asia-Pacific holds the largest market for variable frequency drives market. The region will have a high CAGR in the next five years due to an increase in infrastructure expenditure.

AC Drives: Biggest market by type
By type, the market is dominated by AC drives, which offer significant advantages over other drives and shows high compatibility with the induction motor that is used in almost all industries.

Pumps: Biggest market by Application
In terms of applications, the drives used in pumps captured the major market share in 2013 with around 35%.

Get copy of report at

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mr. Rohan
Market Research Report
since: 12/2010
Like >
Visit website