DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The "Variable Speed Drive Market by Type, Voltage, Application and End User - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

Variable speed drive is a device that regulates the speed and rotational force of electric motor by changing the frequency of the power being fed to the motor. Motors are widely used in industries and offices. In addition, more than 65% of industrial energy is consumed by motors. Motors operate in various machines such as sewage and irrigation pumps, paper machines, power plant fans, and milking machines. Moreover, variable speed drives are essential components in electrical devices such as pump, fan, compressor, conveyor, and others where it plays a key role.

Increase in urbanization and industrialization in emerging countries such as India, China, Brazil, and others drive the demand for variable speed drive market. Further, the growth in need for energy efficiency, rise in trend for industrial automation and reduction in operating costs of any intensive industry fuel the market growth. However, high cost of deployment is expected restrain the growth of the market.

The variable speed drive market is segmented based on type, voltage, application, end user, and region. Based on type, the market is categorized into AC drive, DC drive, and servo drive. According to voltage type, the market is bifurcated into low voltage and medium voltage. Based on application, the market is divided into compressor, pumps, fans, and others. Based on end user, the market is segmented into automotive, electronic, oil & gas, power generation, and others.

Companies Mentioned:

ABB Ltd. Siemens AG Rockwell Automation, Inc. Yaskawa Electric Corporation General Electric Crompton Greaves WEG Schneider Emerson Electric Danfoss

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Variable Speed Drives Market By Type

Chapter 5: Variable Speed Drives Market By Voltage

Chapter 6: Variable Speed Drives Market By Application

Chapter 7: Variable Speed Drives Market By End -User

Chapter 8: Variable Speed Drives Market, By Region

Chapter 9: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/sdvcsq/global_variable?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180614005441/en/

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Related Topics:Industrial Automation

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/14/2018 05:27 AM/DISC: 06/14/2018 05:27 AM

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