Variable Frequency Drive Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Global Variable Frequency Drive Market size is expected to grow at an annual average of 5% during 2021-2027. The variable frequency drive market (VFD market) has been significantly stimulated by the increasing demand for heating and ventilation systems as opportunities for infrastructure development in emerging regions increase.

The following Segmentation are covered in this report:

On the basis of end-user:

• Oil & Gas
• Industrial
• Power
• Infrastructure

On the basis of application:

• Pumps
• Fans
• Compressors
• Conveyors
• Others

On the basis of voltage:

• Low Voltage
• Medium Voltage

On the basis of power rating

• Low Power Drive
• Medium Power Drive
• High Power Drive

On the basis of type

• AC Drives
• DC Drives
• Servo Drives

Scope of the Report

The research study analyses the global Variable Frequency Drive industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Variable Frequency Drive Market Report

• What was the Variable Frequency Drive Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Variable Frequency Drive Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Variable Frequency Drive Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.