Wind Turbine Operations Maintenance Market Size, Share, Trend and Industry Analysis Report

1. Variable Frequency Drives Market - Global Industry Analysis, Size, Share, Growth Trends  2014 - 2020 ©2019 Transparency Market Research, All Rights Reserved

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3. Global Variable Frequency Drives Market: Snapshot As the world strives for a sustainable future, greater investments are being made in the development of energy efficient systems that minimize energy consumption. Governments worldwide are promoting the effective deployment of reliable and efficient systems that address the snowballing demand for energy. This is acting as the primary stimulant for the growth of the global variable frequency drives market. The rising urbanization and industrialization, especially in emerging economies, are also stoking the growth of the market.  • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Low Voltage Variable Frequency Drives to Maintain Leadership through 2020 • On the basis of voltage, the report divides the global variable frequency drives market into low voltage and medium voltage. • The demand for low voltage drives is expected to remain higher throughout the forecast period, owing to their compact size and ease of operation. • Moreover, these drives are cheaper than their counterparts. • Low voltage variable frequency drives find applications in various industries such as petrochemicals, manufacturing, utilities, metal and mining, and infrastructure. 

5. Asia Pacific to Remain Frontrunner Owing to Rapid Infrastructure Development Geographically, Asia Pacific will continue to account for the lion’s share in the global market for variable frequency drives market. The growing investments in the infrastructure development along with the soaring demand for power due to the increasing population are fuelling the growth of the region. The flourishing growth of the chemical and processing industry is also bolstering the demand for variable frequency drives in APAC.  ©2019 Transparency Market Research, All Rights Reserved

6. Leading Players in Variable Frequency Drives Market G, ABB Ltd. Crompton Greaves Ltd. Schneider Electric Industries S.A.S. ©2019 Transparency Market Research, All Rights Reserved

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