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SOURCE Research and Markets
DUBLIN, January 13, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/vx8znk/variable) has announced the addition of the "Global Variable Frequency/Speed Drives (VFD/VSD) Market Report 2013 - 2017" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
VFD 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 VFD manufacturers if they intend to increase their overall sales and revenue. . In 2012, ABB Ltd (Switzerland) dominated the VFD market with 19% market share. Siemens Industry Inc. (U.S.) stood second with 13.8% and Schneider Electric SA (France) occupied around 8.5% market share of the total VFD market.
AC drives 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 drives that are used for pumps capture maximum market share. The high power drives 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 report covers the global VFD 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 (mixers, agitators, etc.). Various types of VFD included are AC drives, DC drives, and servo drives. Also, power ranges of VFD (micro power drives, low power drives, medium power drives, and high power drives); and voltage ranges of VFD (low voltage drives and medium voltage drives) are identified and included in this report.
For this report, various secondary sources such as chemical magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been referred to identify & collect information useful for this extensive commercial study of global VFD market. The primary sourcesexperts from related industries and suppliershave been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Variable Frequency Drives Market, By Types
5 Variable Frequency Drives Market, By Applications
6 Variable Frequency Drives Market, By Power & Voltage Range
7 Variable Frequency Drives Market, By Geography
8 Competitive Landscape
9 Company Profile
For more information visit http://www.researchandmarkets.com/research/vx8znk/variable
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
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