According to a new report North America Variable Frequency Drive (VFD) Market, published by KBV research, the North America Variable Frequency Drive (VFD) Market would witness market growth of 5.6% CAGR during the forecast period (2019-2025).
The US market dominated the North America Variable Frequency Drive Servo Drives Market by Country in 2018, and would continue to be a dominant market till 2025. The Canada market is experiencing a CAGR of 10.5% during (2019 - 2025). Additionally, The Mexico market would witness a CAGR of 9.8% during (2019 - 2025).
The Low market dominated the Mexico Variable Frequency Drive Market by Power Range in 2018, growing at a CAGR of 6 % during the forecast period. The Medium market is witnessing a CAGR of 6.5% during (2019 - 2025). Additionally, The Micro market is estimated to grow at a CAGR of 8.5% during (2019 - 2025).
The Pumps market dominated the Canada Variable Frequency Drive Market by Application in 2018, thereby, achieving a market value of $501.7 million by 2025. The Electric Fans market is exhibiting a CAGR of 7.7% during (2019 - 2025). Additionally, The HVAC market is expected to witness CAGR of 8.7% during (2019 - 2025).
Report Structural Insights: https://www.kbvresearch.com/north-america-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
Unique Offerings from KBV Research
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