Global Variable Frequency Drive (Vfd) Market Will Grow at a Cagr of 7.3% During the Forecast Period from 2014 to 2022

Global Variable Frequency Drive (VFD) Market will Grow at a CAGR of 7.3% During the Forecast Period from 2014 to 2022 – by Market Research Engine

The Global variable frequency drive Market was valued at US$ 15.40 Billion in 2014 and it is expected to grow at a CAGR of 7.3% during the given forecast period from 2014 to 2022.

Florida, Mar 01: Market Research Engine has published a new report titled as “Global Variable Frequency Drive (VFD) Market by Product Type, by Application, by End Users and Geography - Trends and Forecast 2015-2022”.

“The Global variable frequency drive Market was valued at US$ 15.40 Billion in 2014 and it is projected to cross USD XX billion by 2022, at a CAGR of 7.3% during the forecast period from 2014 to 2022”.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/variable-frequency-drive-market

Buy Report: http://www.marketresearchengine.com/buynow/variable-frequency-drive-market

What is variable-frequency drive?

A variable-frequency drive (VFD) is a type of adjustable-speed drive used in electro-mechanical drive systems to control AC motor speed and torque by varying motor input frequency and voltage.

How does a Variable Frequency Drive work?

The first stage of a Variable Frequency AC Drive, or VFD, is the Converter. The converter is comprised of six diodes, which are similar to check valves used in plumbing systems. They allow current to flow in only one direction; the direction shown by the arrow in the diode symbol.

Benefits of VFD:

Reduce Energy Consumption and Energy Costs

If you have an application that does not need to be run at full speed, then you can cut down energy costs by controlling the motor with a variable frequency drive, which is one of the benefits of Variable Frequency Drives. VFDs allow you to match the speed of the motor-driven equipment to the load requirement. There is no other method of AC electric motor control that allows you to accomplish this....