Growing demand for electrical efficiency and increasing investment in modernization of infrastructure will drive the global variable frequency drive market to $18,854 million by 2017, in the next 10 years, is expected to experience highest revenue growth during the next five years.
The factors driving growth in the variable frequency drive market are rising energy prices, stringent efficiency regulations, and increased awareness about advantages of the inverters. variable frequency drive is a highly developing market despite having a large base due to its enormous potential offered by these inverters. Though the market experienced slight reduction in the growth rate in 2012; this effect will be short lived and the market will bounce back with steady growth in the future.
Variable frequency drive manufacturers mainly focus on R&D in order to develop new and improved products, which offer more distinguished and revolutionary features such as more precision, control, and efficiency. Expansion into new and emerging markets such as Asia-Pacific, Russia, and South America has been and will be the key for success for variable frequency drive manufacturers if they intend to increase their overall sales and revenue.
The frequency invertes are widely used in many industries, such as: air-conditioning load, crusher load, large kiln calciner load, compressor load, Rolling mill load, converter load, hoist load, roller load, pump load, crane, dump truck load, wire drawing machine load, transport vehicle load, elevator overhead tourist car load, feeder load , Stacker and reclaimer load, fan load, mixer load, spinning machine load, special power supply load, etc.
Variable frequency drive occupy maximum market share due to their comprehensive use in all types of industries and induction motors to achieve multiple speeds of operation. By application, the inverters that are used for pumps capture maximum market share. The high power inverters are applied in heavy industries such as oil & gas, metals & mining, power generation, cement, paper, wind energy, water & wastewater, and marine. These involve huge capital and infrastructure investment expending but offer enormous savings and reduction in power consumption.
The global variable frequency drive market in major regions namely Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa under major applications such as pumps, fans, compressors, conveyors, elevators, extruders, and other applications. Various types of variable frequency drive included are Variable frequency drive, DC drives, and servo drives. VTdrive factory focus on the AC drive, we provide high quality VTdrive variable frequency drive to the international market, Also, power ranges of variable frequency drive (micro power inverters(0.4~15kw), low power inverters(0.75~75kw), medium power inverters(75KW~220KW), and high power inverters(250KW~500KW)); and voltage ranges of variable frequency drive (low voltage inverters and medium voltage inverters) are identified and included, VTdrive as a professional manufacture for the low voltage variable frequency drive with 220V and 400V.
Should you have any interesting for VTdrive variable frequency drive, please just contact with us freely!
Return: Back to Previous Level