Variable Frequency Drives Market Research 2014 - 2020

Transparency Market

Research

Variable Frequency Drives Market - Global Industry Analysis, Size,

Share, Growth Trends And Forecast 2014 - 2020

Published Date

02-March-2015

137 Page Report

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Press Release

Variable Frequency Drives Market is expected to reach USD

24,703.4 Million by 2020:Transparency Market Research

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Variable Frequency Drives Market

REPORT DESCRIPTION

Variable Frequency Drives Market - Global Industry Analysis, Size, Share, Growth Trends And

Forecast 2014 - 2020

Transparency Market Research has released a new market report titled Variable Frequency Drives Market Global Industry Analysis, Size, Share, Growth Trends And Forecast, 2014 – 2020. The report defines and

segments the variable frequency drives market, providing analysis and forecast of the global revenue.

According to the report, the global variable frequency drives market was valued at USD 15,489.0 million in

2013 and is likely to reach USD 24,703.4 million by 2020, expanding at a CAGR of 7.0% between 2014 and

2020.

Browse Variable Frequency Drives Market Report with Full TOC at

http://www.transparencymarketresearch.com/variable-frequency-drives-market.html

The variable frequency drives market includes two types of products: low voltage and medium voltage.

Low voltage drives currently occupy the major share in the global variable frequency drives market.

Growing infrastructure and manufacturing sectors are expected to be major growth drivers for the low

voltage VFD market. Apart from saving energy, low voltage VFDs also provides additional benefits to

various operations across industries. Some of these benefits include minimized maintenance requirements,

improved process control performance, and enhanced motor and equipment life.

Growth in market...