Variable Frequency Drive (VFD) Market in Asia Pacific is expected to register a CAGR of 6.7% during the forecast period (2019-2025) - KBV Research

14-Apr-2020 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report Asia Pacific Variable Frequency Drive (VFD) Market, published by KBV research, the Asia Pacific Variable Frequency Drive (VFD) Market would witness market growth of 6.7% CAGR during the forecast period (2019-2025).

The China market dominated the Asia Pacific Low Variable Frequency Drive Market by Country in 2018, and would continue to be a dominant market till 2025. The Japan market is experiencing a CAGR of 5.1% during (2019 - 2025). Additionally, The India market is anticipated to grow at a CAGR of 6.4% during (2019 - 2025).

The AC Drives market dominated the Malaysia Variable Frequency Drive Market by Product Type in 2018, thereby, achieving a market value of $595.1 million by 2025. The DC Drives market is experiencing a CAGR of 15.7% during (2019 - 2025). Additionally, The Servo Drives market is poised to grow at a CAGR of 18.5% during (2019 - 2025).

The AC Drives market dominated the Malaysia Variable Frequency Drive Market by Product Type in 2018, growing at a CAGR of 9.4 % during the forecast period. The DC Drives market is experiencing a CAGR of 11.3% during (2019 - 2025). Additionally, The Servo Drives market is poised to grow at a CAGR of 14% during (2019 - 2025).

The Pumps market dominated the Singapore Variable Frequency Drive Market by Application in 2018, thereby, achieving a market value of $335.6 million by 2025. The Electric Fans market is exhibiting a CAGR of 8.3% during (2019 - 2025). Additionally, The HVAC market is estimated to grow at a CAGR of 9.3% during (2019 - 2025).

Structural Insights: https://www.kbvresearch.com/asia-pacific-variable-frequency-drive-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Hitachi, Ltd., Eaton Corporation PLC, Rockwell Automation, Inc., Nidec Corporation, Siemens AG, Schneider Electric SE, Mitsubishi Heavy Industries Ltd., Fuji Electric Co., Ltd., and The Danfoss Group.