Increasing adoption of automation to reduce downtime, increased demand for automated and motor-driven equipment, government regulations for energy optimization, and low carbon dioxide emissions drive the market's growth.
A variable frequency drive is a device that regulates the speed of an electrical motor to enhance process control, minimize energy use and mechanical stress in motor control applications, and maximize the performance of the numerous applications that rely on electric motors.
A variable frequency drive (VFD) employs an AC motor to regulate pumps and fans in a system without valves and dampers. Variable frequency drives may provide the same energy without the high pressure and power necessary to change the flow, resulting in considerable energy savings.
The necessity for energy conservation to preserve the environment is a driving force behind the development of speed control devices. Variable frequency drives give the best means of adjusting the speed of electrical motors to match load demand. Even minor adjustments in motor speed can have a significant impact on energy usage.
Advantages of variable frequency drive:
Variable frequency drives are utilized in various applications such as compressors, conveyors, extruders, fans, pumps, etc. They are widely utilized in a wide range of industries, including chemicals and petrochemicals, metals and mining, oil and gas, power generation, water and wastewater, and so on.
The textile and paper industry consists of various processes, and the requirements for drives vary according to the application. The textile and paper industry, for example, have winder control in the spinning process. The winder in textiles uses a roll to wind the stretched yarn, and it is required to manage the tension and pace of the yarn bundle while it travels at high speed.
Paper equipment also includes a winder and unwinder operation, with the number of rotations regulated by the tension of the paper. The variable frequency drive can easily change the motor speed and torque by changing the frequency, enabling highly accurate winder control.
Market developments and trends
Blackridge Research's variable frequency drives market report provides insights into the current global and regional market demand environment and prognosis.
The study offers a thorough examination of the many factors that impact the variable frequency drives market growth. The study also comprehensively analyses the variable frequency drives market by segmenting it based on geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America).
The report also discusses current, and future market possibilities, market trends, advancements, and the effect of Covid-19 on the variable frequency drives market, essential developments, regions, and segments poised for the fastest-growth, competitive landscape. Further, the variable frequency drives market size and demand forecast, growth rates will also be provided in the report.
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Regional Market Analysis
6. Key Company Profiles
7. Competitive Landscape
8. Conclusions and Recommendations
List of Tables & Figures
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