Global Variable Speed Drive Market Analysis, Revenue, Share, Outlook & Forecast 2017-2023
A Comprehensive research study conducted by KD Market Insights on ” Variable Speed Drive Market by Type (AC Drive, DC Drive, and Servo Drive), Voltage (Low voltage and Medium Voltage), Application (Compressor, Pump, Fan, and Others), and End User (Mining & Minerals, Waste & Wastewater, Food & Beverage, and Others) – Global Opportunity Analysis and Industry Forecast, 2017-2023” report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Variable Speed Drive Market report includes market size, growth drivers, barriers, opportunities, trends and other information which helps to find new opportunities in this market for the growth of the business through new technologies and developments.
Variable speed drive is a device that regulates the speed and rotational force of electric motor by changing the frequency of the power being fed to the motor. Motors are widely used in industries and offices. In addition, more than 65% of industrial energy is consumed by motors. Motors operate in various machines such as sewage and irrigation pumps, paper machines, power plant fans, and milking machines. Moreover, variable speed drive are essential components in electrical devices such as pump, fan, compressor, conveyor, and others where it plays a key role.
Increase in urbanization and industrialization in emerging countries such as India, China, Brazil, and others drive the demand for variable speed drive market. Further, the growth in need for energy efficiency, rise in trend for industrial automation and reduction in operating costs of any intensive industry fuel the market growth. However, high cost of deployment is expected restrain the growth of the market.
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The variable speed drive market is segmented based on type, voltage, application, end user, and region. Based on type, the market is categorized into AC drive, DC drive, and servo drive. According to voltage type, the market is bifurcated into low voltage and medium voltage. Based on application, the market is divided into compressor, pumps, fans, and others. Based on end user, the market is segmented into automotive, electronic, oil & gas, power generation, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the market include ABB Ltd., Siemens AG, Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, Crompton Greaves, WEG, Schneider, Emerson Electric, and Danfoss.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the global variable speed drives market with current trends and future estimations to illustrate the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
Porters Five Forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
– AC Drive
– DC Drive
– Servo Drive
– Low Voltage
– Medium Voltage
By End User
– Oil & Gas
– Power Generation
– Rest of Europe
– Rest of Asia-Pacific
– Latin America
– Middle East
KEY MARKET PLAYERS PROFILED
– ABB Ltd.
– Siemens AG
– Rockwell Automation, Inc.
– Yaskawa Electric Corporation
– General Electric
– Crompton Greaves
– Emerson Electric
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Table of Contents:
CHAPTER 1 INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segment
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: Executive summary
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
184.108.40.206. Top winning strategies, by year 2014-2017
220.127.116.11. Top winning strategies, by development 2014-2017
18.104.22.168. Top winning strategies, by company 2014-2017
3.3. Porter’s five forces analysis
3.4. Market share analysis, 2015
3.5. Market dynamics
22.214.171.124. Increase in industrialization in emerging market
126.96.36.199. Increase in demand for energy efficiency devices
188.8.131.52. High cost of variable speed drives
184.108.40.206. Increase in demand for variable speed drives in food & beverage industry
CHAPTER 4: VARIABLE SPEED DRIVES MARKt BY TYPE
4.2. AC Drive
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market analysis by country
4.3. DC Drive
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast by region
4.3.3. Market analysis by country
4.4. Servo Drive
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market analysis by country
CHAPTER 5: VARIABLE SPEED DRIVES MARKt BY VOLTAGE
5.2. Low Voltage
5.2.1. Key market trends and opportunities
5.2.2. Market size and forecast by region
5.2.3. Market analysis by country
5.3. Medium Voltage
5.3.1. Key market trends and opportunities
5.3.2. Market size and forecast by region
5.3.3. Market analysis by country
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