U.S. variable frequency drive market revenue is anticipated to expand at a moderate CAGR over the period 2017–2027

Variable frequency drive sales value and volume consumption in the U.S. is projected to expand at the highest CAGR over the forecast period. In 2016, the U.S. variable frequency drive market was valued at more than US$ 3,300 Mn and has been estimated to increase to a little more than US$ 3,500 Mn by 2017 end, reflecting a Y-o-Y growth rate of 5.9%. The U ... Read more

The global North America Variable Frequency Drive market is estimated to be valued at US$5,636.1 million in 2021 and is expected to exhibit a CAGR of 5.6% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Variable Frequency Drives Ds) are power electronics devices used to control motor speed and torque in various industrial applications. They enable energy savings, reduce motor wear ... Read more

The North America Variable Frequency Drive Market is estimated to be valued at US$ 6285.02 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
A variable frequency drive is an industrial device that regulates the speed of an electric motor by altering the frequency and voltage supplied to the electric motor. ... Read more

Variable frequency drives help vary the frequency and voltage supplied to electric motors driving centrifugal loads. They are used for controlling the rotational speed of AC motors and provide benefits such as energy savings and reduced maintenance, as compared to conventional AC motors. The ability of variable frequency drives to precisely control motor speed increases energy efficiency and cost savings. They offer adjustable speed control, torque control, custom acceleration and ... Read more