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2019 U.S. Variable Frequency Drive Market Size, By Power Range, Voltage and Application,2025

Author : Rahul Sankrityayan | Published Date : 2019-06-19 

The qualitative research study introduced by Global Market Insights, Inc. on U.S. Variable Frequency Drive Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the industry.

U.S. Variable Frequency Drive Market size will exceed USD 3 Billion by 2025, as reported in the latest study by Global Market Insights, Inc.

Increasing environmental concerns coupled with the introduction of directives and standards toward energy efficiency will drive the VFD market across the U.S. Ongoing urbanization, rising industrialization, and the shift in focus on effective energy utilization across various industries will augment the industry landscape.

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130 pages

90 market data tables

33 figures & charts

Furthermore, government incentives & funds, R&D investments, technological enhancements, and rising demand for advance product portfolio are key factors positively influencing the business scenario.

Technological enhancements along with growing demand for energy optimization across electrical components has boosted the incorporation for micro power drives. These units offer precise control of torque & speed with limited maintenance, compact size and high efficiency which in turn will augment the U.S. VFD market. The global infrastructure investments in 2016, valued over USD 79 trillion across large-scale industries including water, energy, telecommunication and transport.

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Growth drivers

  • Rapid shift in consumer value conscience
  • Stringent energy efficiency norms
  • Flourishing automotive sector

 Industry pitfall & challenges

  • High implementation cost

Network controlled operations, energy efficiency, ease of monitoring and rapid speed resonance are few indispensable parameters nurturing the AC variable frequency drive market size. Rising consumer focus towards value added products along with growing demand for processed food will further stimulate the product demand.

Medium-voltage drives, in the current industry scenario have observed growth subject to their wide application across the commercial and industrial establishments. Rapid retrofitting & refurbishment of existing units & solutions in conjunction with industry standards and codes has re-structured the U.S. VFD market dynamics. Increasing fund flow coupled with aligned industrial focus towards the upgradation of traditional technologies will further amplify the industry growth.

Product versatility & flexibility, cost competitiveness, compact size and light weight when compared to the existing speed control systems are key imperatives reinforcing the standard VFD market share. The drives have observed growth owing to their wide range installation across large scale industries with application in fans, conveyors and pumps. These units pose immense growth potential on account of their ease of deployment, special product engineering, and customization.

Pumps in the current regime, hold significant industry share owing to their large-scale installation across the small and medium enterprises. Growing integration of speed control devices coupled with rising demand for reliable & safe technologies to curtail short circuits and faults across a number of applications will boost the VFD market share across the U.S.

Prominent variable frequency drive market players include Honeywell, Johnson Controls, ABB, Siemens, Emerson, Schneider, Mitsubishi, CG, Eaton, Rockwell, Eaton, WEG Electric, Hiconics, Yaskawa, Hitachi and Danfoss.

Report Content

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market Definitions

1.3 Market estimates and forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid Sources

1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 U.S. variable frequency drive 3600 synopsis, 2014 – 2025

Chapter 3 U.S. Variable Frequency Drive Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2014 – 2025 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Innovation & sustainability

3.4.1 ABB

3.4.2 Siemens

3.4.3 Schneider Electric

3.4.4 Eaton

3.4.5 WEG

3.5 Regulatory landscape

3.5.1 National Electrical Manufacturer Association (NEMA)

3.5.2 Variable Frequency Drives Section 16160

3.5.2.1 Maintenance and Operation Manuals

3.5.2.2 Quality Assurance

3.5.2.3 Harmonic Distortion Limits

3.6 Industry impact forces

3.6.1 Growth drivers

3.6.1.1 Rapid shift in consumer value conscience

3.6.1.2 Stringent energy efficiency norms

3.6.1.3 Flourishing automotive sector

3.6.2 Industry pitfall & challenges

3.6.2.1 High implementation cost

3.7 Price trend analysis

3.7.1 Price trend analysis, by drive

3.7.2 Price trend analysis, by technology

3.8 Growth potential analysis

3.9 Porter’s Analysis

3.10 Competitive landscape, 2018

3.10.1 Strategy dashboard

3.10.1.1 Mitsubishi Electric Corporation

3.10.1.1.1 Management Targets

3.10.1.1.2 Growth Targets to be Achieved by Fiscal 2021

3.10.1.1.3 Management Targets to be Continuously and Stably Achieved

3.10.1.1.4 Product Development

3.10.1.2 ABB

3.10.1.2.1 Next Level strategy – stage 3

3.10.1.2.2 Four entrepreneurial business divisions

3.10.1.2.3 Quantum leap in digital

3.10.1.2.4 Operational excellence

3.10.1.2.5 Unification of the ABB’s brand

3.10.1.2.6 ABB Next Level - 2020 targets

3.10.1.2.7 Acquisition

3.10.1.3 Eaton

3.10.1.3.1 Business expansion-

3.10.1.3.2 Acquisitions

3.10.1.3.3 Product Development

3.11 PESTEL Analysis

Chapter 4 U.S. Variable Frequency Drive Market, By Power Range

4.1 U.S. variable frequency drive market share by power range, 2018 & 2025

4.2 Micro power drive

4.2.1 U.S. market from micro power drive, 2014 - 2025

4.3 Lower power drive

4.3.1 U.S. market from lower power drive, 2014 - 2025

4.4 Medium power drive

4.4.1 U.S. market from medium power drive, 2014 - 2025

4.5 High power drive

4.5.1 U.S. market from high power drive, 2014 - 2025

Chapter 5 U.S. Variable Frequency Drive Market, By Drive

5.1 U.S. Variable frequency drive market share by drive, 2018 & 2025

5.2 AC drive

5.2.1 U.S. market from AC drive, 2014 - 2025

5.3 DC drive

5.3.1 U.S. market from DC drive, 2014 - 2025

5.4 Servo drive

5.4.1 U.S. market from servo drive, 2014 - 2025

Chapter 6 U.S. Variable Frequency Drive Market, By Voltage

6.1 U.S. variable frequency drive market share by voltage, 2018 & 2025

6.2 Low

6.2.1 U.S. market from low, 2014 - 2025

6.3 Medium

6.3.1 U.S. market from medium, 2014 - 2025

Chapter 7 U.S. Variable Frequency Drive Market, By Technology

7.1 U.S. variable frequency drive market share by technology, 2018 & 2025

7.2 Standard

7.2.1 U.S. market from standard, 2014 - 2025

7.3 Regenerative

7.3.1 U.S. market from regenerative, 2014 - 2025

Chapter 8 U.S. Variable Frequency Drive Market, By Application

8.1 U.S. variable frequency drive market share by application, 2018 & 2025

8.2 Pump

8.2.1 U.S. market from pump, 2014 - 2025

8.3 Centrifuges

8.3.1 U.S. market from centrifuges, 2014 - 2025

8.4 Conveyor

8.4.1 U.S. market from conveyor, 2014 - 2025

8.5 Evaporator

8.5.1 U.S. market from evaporator, 2014 - 2025

8.6 Mixers

8.6.1 U.S. market from mixers, 2014 - 2025

8.7 Grinders

8.7.1 U.S. market from grinders, 2014 - 2025

8.8 Cutters

8.8.1 U.S. market from cutters, 2014 - 2025

8.9 Fans

8.9.1 U.S. market from fans, 2014 - 2025

8.10 Others

8.10.1 U.S. market from others, 2014 - 2025

 

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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