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VARIABLE FREQUENCY DRIVE MARKET ANALYSIS
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VARIABLE FREQUENCY DRIVE MARKET ANALYSIS

Variable Frequency Drive Market, By Deployment (On-premise and Cloud), By Drive Type (AC Drive, DC Drive, Servo Drive), By Voltage Range (Low Voltage Range, Medium Voltage Range), By Application Type (Standard, Regenerative), By End-use Application (Pump, Fan, Compressor, Conveyor, HVAC, Other Applications), By End-use Industry (Oil & Gas, Food Processing, Automotive, Mining & Metals, Pulp & Papers, Applications Others (Power generation, chemical processing, etc.)), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Regional Analysis

Global Variable Frequency Drive Market: Regional Insights

Asia Pacific held dominant position in the global variable frequency drive (VFD) market in 2020, accounting for 40.9% share in terms of value, followed by North America and Europe, respectively.

Global Variable Frequency Drive (VFD) Market- Drivers Moreover, Asia Pacific is also projected to show significant growth in the global Variable Frequency Drive market over the forecast period.

Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa

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Press Release

Variable Frequency Drive Market To Surpass US$ 35.72 Bn By 2030
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