Variable Frequency Drives Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the variable frequency drives industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected variable frequency drives market growth numbers from 2022-2031.
Request a Sample of the report:
The global variable frequency drives market size is expected to grow from $16.58 billion in 2021 to $17.37 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%. The global VFD market share is expected to grow to $21.23 billion in 2026 at a CAGR of 5.1%.
View more on the report:
The Variable Frequency Drives Global Market Report 2022-31 by The Business Research Company evaluates variable frequency drives market size, growth rate, drivers, variable frequency drives industry trends, and major companies.
The variable frequency drives market segments in the report are:
1) By Type: AC Drives, DC Drives, Servo Drives
2) By Power Rating: Low Power Rating, Medium Power Rating, Micro Power Rating, High Power Rating
3) By Application: Pumps, Fans, Compressors, Conveyors, Others
4) By End-User: Food and Beverages, Oil and Gas, Power Generation, Infrastructure, Others
The table of contents in TBRC’s variable frequency drives market report includes:
- Executive Summary
- Variable Frequency Drives Market Characteristics
- Variable Frequency Drives Market Trends And Strategies
- Impact Of COVID-19 On Variable Frequency Drives
- Variable Frequency Drives Market Size And Growth
- Africa Variable Frequency Drives Market
- Variable Frequency Drives Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Variable Frequency Drives Market
- Variable Frequency Drives Market Future Outlook and Potential Analysis
About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.
Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/