According to a new report LAMEA Variable Frequency Drive (VFD) Market, published by KBV research, the LAMEA Variable Frequency Drive (VFD) Market would witness market growth of 7.5% CAGR during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Variable Frequency Drive DC Drives Market by Country in 2018, and would continue to be a dominant market till 2025. The Argentina market would witness a CAGR of 9.1% during (2019 - 2025). Additionally, The UAE market is anticipated to grow at a CAGR of 8.4% during (2019 - 2025).
The Oil & Gas market dominated the Saudi Arabia Variable Frequency Drive Market by End User in 2018, growing at a CAGR of 6.4 % during the forecast period. The Industrial market is experiencing witness a CAGR of 6.9% during (2019 - 2025). The Food & Beverages market is expected to witness a CAGR of 9.9% during (2019 - 2025). Additionally, The Power Generation market is witnessing a CAGR of 9.2% during (2019 - 2025).
The Pumps market dominated the Nigeria Variable Frequency Drive Market by Application in 2018, thereby, achieving a market value of $48.1 million by 2025. The Electric Fans market is showcasing prominent growth rate of 9% during (2019 - 2025). Additionally, The HVAC market is exhibiting highest CAGR of 9.3% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/lamea-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.
By Product Type
By Power Range
By Application
By End User
By Country
Companies Profiled
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