India Variable Frequency Drives (VFD) Market, CAGR of over 6.1% (2019-2025)

DELHI, India - June 10, 2019 - PRLog -- According to 6Wresearch, India variable frequency drives (VFD) market (https://www.6wresearch.com/market-reports/india-variable-frequency-drives-market-2019-2025-forecast-by-types-ac-dc-servo-drive-voltage-oem-competitive-landscape.html) size is projected to grow at a CAGR of over 6.1% from 2019 to 2025. AC drives captured majority of the market share in 2018 and is anticipated to contribute significantly in India variable frequency drives market forecast period revenues. The energy saving capacities and replacement ability of AC drives are the key growth drivers for AC segment. Additionally, advanced functionality, system reliability and cost-effectiveness of AC drives are few other contributors catalyzing its growth. However, DC drives segment share in the overall India Variable Frequency Drives Market share is expected to decline over the coming years.

Amongst various end-users, metal, mineral, mining, water & wastewater treatment, chemical & petrochemical industries have majorly installed variable frequency drives to achieve operational efficiency and reduce their carbon footprints. During the forecast period, mineral, metal, and mining, water and wastewater treatment are likely to exhibit surging growth owing to huge investment on account of water pollution and increasing government norms to achieve energy efficiency.

India Variable Frequency Drives Market report thoroughly covers variable frequency drives market by OEM applications, end users, voltage levels and types of drives. The India Variable Frequency Drives Market outlook report provides an unbiased and detailed analysis of the on-going India Variable Frequency Drives Market trends, opportunities/ high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
India Variable Frequency Drives Market
India Variable Frequency Drives Market Report
India Variable Frequency Drives Market Overview
India Variable Frequency Drives Market Trends
India Variable Frequency Drives Market Size
India Variable Frequency Drives Market Share
India Variable Frequency Drives Market Forecast
India Variable Frequency Drives Market Revenue
India Variable Frequency Drives Market Outlook

Market Report : https://www.6wresearch.com/market-reports/india-variable-frequency-drives-market-2019-2025-forecast-by-types-ac-dc-servo-drive-voltage-oem-competitive-landscape.html

Press Release : https://www.6wresearch.com/press-releases/india-variable-frequency-drives-market-share-forecasts-size-growth-opportunity-cagr-trends-industry-media-news.html

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