Variable Frequency Drive Industry in North America to 2025 - Key Companies Include ABB Group, Hitachi and Eaton Among Others

Dublin, Nov. 19, 2020 (GLOBE NEWSWIRE) -- The "North America Variable Frequency Drive Market, by Product Type, by Power Range, by Application, by End User, by Country, Industry Analysis and Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The North America Variable Frequency Drive (VFD) Market is expected to witness market growth of 5.6% CAGR during the forecast period (2019-2025).

A variable frequency drive can alter the power supplied to match the driven equipment's energy requirements, and that's how it saves energy or improves energy consumption. Compared to direct-on-line (DOL) operation, where the motor operates at full speed regardless of demand, the drive will dramatically reduce energy consumption. Saving power or fuel by 40% is popular with the use of a drive. The roll-on effect means that drive use often decreases the NOx emissions and CO2 footprint of the installed systems. Expanding urbanization and industrialization levels are raising consumer demand, which is expected to result in industrial and manufacturing sector development and drive demand for VFDs during the forecast period. Industries like processing and manufacturing implement various types of components and equipment which differ in terms of industry, mode of operation as well as technology.

AC drives are used in different sectors, such as power generation, oil and gas, food and beverages, and metal and mining. Variable speed drives are used in the manufacturing process to power rotating equipment like conveyors, fans, pumps, and machine spindles, and to increase the industry's energy efficiency. Therefore, growth in the end-use sector is expected to fuel the overall growth of the VFD market over the coming years.

Based on Product Type, the market is segmented into AC Drives, DC Drives and Servo Drives. Based on Power Range, the market is segmented into Low, Medium, Micro and High. Based on Application, the market is segmented into Pumps, Electric Fans, HVAC, Conveyers and Extruders & Others. Based on End User, the market is segmented into Oil & Gas, Industrial, Food & Beverages, Power Generation, Infrastructure, Automotive and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Hitachi, Ltd., Eaton , Rockwell Automation , Inc., Nidec Corporation, Siemens AG, Schneider Electric SE, Mitsubishi Heavy Industries Ltd., Fuji Electric Co., Ltd., and The Danfoss Group

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Key Topics Covered:

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Variable Frequency Drive (VFD) Market, by Product Type
1.4.2 North America Variable Frequency Drive (VFD) Market, by Power Range
1.4.3 North America Variable Frequency Drive (VFD) Market, by Application
1.4.4 North America Variable Frequency Drive (VFD) Market, by End User
1.4.5 North America Variable Frequency Drive (VFD) Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2015, Jan - 2019, Nov) Leading Players

Chapter 4. North America Variable Frequency Drive Market by Product Type
4.1 North America Variable Frequency Drive AC Drives Market by Country
4.2 North America Variable Frequency Drive DC Drives Market by Country
4.3 North America Variable Frequency Drive Servo Drives Market by Country

Chapter 5. North America Variable Frequency Drive Market by Power Range
5.1 North America Low Variable Frequency Drive Market by Country
5.2 North America Medium Variable Frequency Drive Market by Country
5.3 North America Micro Variable Frequency Drive Market by Country
5.4 North America High Power Range Variable Frequency Drive Market by Country

Chapter 6. North America Variable Frequency Drive Market by Application
6.1 North America Pumps Variable Frequency Drive Market by Country
6.2 North America Electric Fans Variable Frequency Drive Market by Country
6.3 North America HVAC Variable Frequency Drive Market by Country
6.4 North America Conveyers Variable Frequency Drive Market by Country
6.5 North America Extruders & Others Variable Frequency Drive Market by Country

Chapter 7. North America Variable Frequency Drive Market by End User
7.1 North America Oil & Gas Variable Frequency Drive Market by Country
7.2 North America Industrial Variable Frequency Drive Market by Country
7.3 North America Food & Beverages Variable Frequency Drive Market by Country
7.4 North America Power Generation Variable Frequency Drive Market by Country
7.5 North America Infrastructure Variable Frequency Drive Market by Country
7.6 North America Automotive Variable Frequency Drive Market by Country
7.7 North America Others Variable Frequency Drive Market by Country

Chapter 8. North America Variable Frequency Drive Market by Country
8.1 US Variable Frequency Drive Market
8.1.1 US Variable Frequency Drive Market by Product Type
8.1.2 US Variable Frequency Drive Market by Power Range
8.1.3 US Variable Frequency Drive Market by Application
8.1.4 US Variable Frequency Drive Market by End User
8.2 Canada Variable Frequency Drive Market
8.2.1 Canada Variable Frequency Drive Market by Product Type
8.2.2 Canada Variable Frequency Drive Market by Power Range
8.2.3 Canada Variable Frequency Drive Market by Application
8.2.4 Canada Variable Frequency Drive Market by End User
8.3 Mexico Variable Frequency Drive Market
8.3.1 Mexico Variable Frequency Drive Market by Product Type
8.3.2 Mexico Variable Frequency Drive Market by Power Range
8.3.3 Mexico Variable Frequency Drive Market by Application
8.3.4 Mexico Variable Frequency Drive Market by End User
8.4 Rest of North America Variable Frequency Drive Market
8.4.1 Rest of North America Variable Frequency Drive Market by Product Type
8.4.2 Rest of North America Variable Frequency Drive Market by Power Range
8.4.3 Rest of North America Variable Frequency Drive Market by Application
8.4.4 Rest of North America Variable Frequency Drive Market by End User

Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.5.3 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 Hitachi, Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Eaton
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Regional analysis
9.3.5 Research & Development Expense
9.3.6 Recent strategies and developments:
9.3.6.1 Product Launches and Product Expansions:
9.3.6.2 Acquisition and Mergers:
9.3.6.3 Partnerships, Collaborations, and Agreements:
9.3.7 Swot Analysis
9.4 Rockwell Automation , Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Nidec Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.5.3 Geographical Expansions:
9.5.6 SWOT Analysis
9.6 Siemens AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Schneider Electric SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental And Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Geographical Expansions:
9.7.5.3 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Mitsubishi Heavy Industries Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Product Launches and Product Expansions:
9.8.5 SWOT Analysis
9.9 Fuji Electric Co. Ltd. (Furukawa Group)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.1 The Danfoss Group
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental And Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:

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