About the Frequency Converter Market
Frequency converter is an instrument used to convert the frequency of input supply from one level to another to match the desired frequency as per the specification and requirement of a particular machinery or equipment. Its primary function is to feed the connected machinery with desired current frequency and voltage level. Frequency converters are used mainly in industrial applications to match the frequency of power supply with the frequency of any electrical equipment or machinery that is connected to the power supply.
Technavio’s analysts forecast the global frequency converter market to grow at a CAGR of 9.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global frequency converter market for 2016-2020. To calculate the market size, the report takes into demand for frequency converter generated from the application segments such as pumps, fans, compressors, and conveyors.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Frequency Converter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.
Key vendors
• ABB
• Danfoss
• GE
• Magnus Power
• Siemens
Other prominent vendors
• Aelco
• Aplab
• Avionic Instruments
• Georator
• NR Electric
• Piller
• Power System & Control
• Sinepower
Market driver
• Rising power prices
• For a full, detailed list, view our report
Market challenge
• Growing concerns over quality
• For a full, detailed list, view our report
Market trend
• Rise in offshore wind electricity generation capacity
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market size and forecast
• Five forces analysis
PART 06: Geographical segmentation
• Frequency converter market in Europe
• Frequency converter market in North America
• Frequency converter market in APAC
• Frequency converter market in ROW
PART 07: Key leading countries
• Frequency converter market in Germany
• Frequency converter market in China
• Frequency converter market in US
PART 08: Market drivers
• Infrastructure development
• Rising power prices
• High demand for energy-efficient equipment
PART 09: Impact of drivers
PART 10: Market challenges
• Growing concerns over quality
• High initial cost
• Breakdown of machinery due to bearing failure
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Rise in offshore wind electricity generation capacity
• Suitability for different applications
PART 13: Vendor landscape
• Competitive landscape
• Vendor mapping
• Other prominent vendors
PART 14: Key vendor analysis
• ABB
• Danfoss
• GE
• Magnus Power
• Siemens
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global frequency converter market 2015-2020 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global frequency converter market 2016-2020
Exhibit 05: Frequency converter market in Europe 2015-2020 ($ billions)
Exhibit 06: Frequency converter market in North America 2015-2020 ($ billions)
Exhibit 07: Frequency converter market in APAC 2015-2020 ($ billions)
Exhibit 08: Frequency converter market in ROW 2015-2020 ($ billions)
Exhibit 09: Key leading countries
Exhibit 10: Frequency converter market in Germany 2015-2020 ($ billions)
Exhibit 11: Frequency converter market in China 2015-2020 ($ billions)
Exhibit 12: Frequency converter market in US 2015-2020 ($ billions)
Exhibit 13: Evolution stages of urban infrastructure
Exhibit 14: Average construction spending by country in APAC 2015 (%)
Exhibit 15: Electricity tariffs in various countries 2014 (kW/hour)
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Electricity demand CAGR 2012-2035
Exhibit 19: Countries with renewable targets and policies 2005
Exhibit 20: Countries with renewable targets and policies 2015
Exhibit 21: Global offshore wind capacity 2014-2019 (MV)
Exhibit 22: Vendor portfolio analysis
