This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Variable Frequency/Speed Drives (VFD/VSD) Market - By Type (AC, DC, Servo), Voltage Range (Low, Medium), Power Range (Micro, Low, Medium, High) And Application (Pump, Fan, Compressor, Conveyors & Others) - Global Market Trends & Forecast To 2017

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Variable Frequency/Speed Drives (VFD/VSD) Market - By Type (AC, DC, Servo), Voltage Range (Low, Medium), Power Range (Micro, Low, Medium, High) and Application (Pump, Fan, Compressor, Conveyors & Others) - Global Market Trends & Forecast to 2017

http://www.reportlinker.com/p01095292/Variable-Frequency/Speed-Drives-VFD/VSD-Market---By-Type-AC-DC-Servo-Voltage-Range-Low-Medium-Power-Range-Micro-Low-Medium-High-and-Application-Pump-Fan-Compressor-Conveyors--Others---Global-Market-Trends--Forecast-to-2017.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Electronic_Component_and_Semiconductor

Growing demand for electrical efficiency and increasing investment in modernization of infrastructure will drive the global VFD (variable frequency drives)/VSD (variable speed drives)/ASD (adjustable speed drives)/inverters market to $18,854 million by 2017, with a CAGR of 8.7% from 2012 to 2017. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years.

The factors driving growth in the VFD market are rising energy prices, stringent efficiency regulations, and increased awareness about advantages of the drives. VFD is a highly developing market despite having a large base due to its enormous potential offered by these drives. Though the market experienced slight reduction in the growth rate in 2012; this effect will be short lived and the market will bounce back with steady growth in the future.

VFD manufacturers mainly focus on R&D in order to develop new and improved products, which offer more distinguished and revolutionary features such as more precision, control, and efficiency. Expansion into new and emerging markets such as Asia-Pacific, Russia, and South America has been and will be the key for success for VFD manufacturers if they intend to increase their overall sales and revenue. . In 2012, ABB Ltd ( Switzerland) dominated the VFD market with 19% market share. Siemens Industry Inc. (U.S.) stood second with 13.8% and Schneider Electric SA ( France) occupied around 8.5% market share of the total VFD market.

AC drives occupy maximum market share due to their comprehensive use in all types of industries and induction motors to achieve multiple speeds of operation. By application, the drives that are used for pumps capture maximum market share. The high power drives are applied in heavy industries such as oil & gas, metals & mining, power generation, cement, paper, wind energy, water & wastewater, and marine. These involve huge capital and infrastructure investment expending but offer enormous savings and reduction in power consumption.

1 of 13

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs