Variable Frequency Drive Market Size, Industry Share and Growth Rate 2019-2026


The ability of variable frequency drive to decrease the energy cost and consumption of energy is anticipated to surge the global variable frequency drive market growth during the forecast period. According to an upcoming report by Fortune Business Insights, titled, “Variable Frequency Drive Market Size, Share and Global Trend By Type (AC Drive, DC Drive, Servo Drive), By Power Range (Micro Power, Low Power, Medium Power, High Power), By Application (Pumps, Electric Fans, Conveyers, HVAC, Others), By End User (Food & Beverages, Oil & Gas, Power generation, Infrastructure, Automotive, Others), and Geography Forecast till 2026,” variable frequency drive is very helpful in the manufacturing sector for operating the motor efficiently and reducing the cost of maintenance. It helps in increasing production. All these factors are expected to propel the global variable frequency drive market in the coming years.


Fortune Business Insights profiles some of the renowned market players operating in the global variable frequency drive market. They are:

·         General Electric Company
·         ABB Ltd.
·         Invertek Drives
·         Eaton Corporation
·         Schneider Electric
·         Hitachi Ltd.
·         Rockwell Automation, Inc.
·         Yaskawa Electric Corporation
·         Siemens AG
·         WEG Industries
·         Danfoss

     Key Market Driver – Increase demand for efficiency and productivity devices
     Key Market Restraint – Highly expensive


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