U.S. Variable Frequency Drive Market

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U.S. Variable Frequency Drive Market Analysis,
Research and Trends Report 2022-2028
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Industry Overview

• The U.S. variable frequency drives market is
  anticipated to witness robust growth by 2028
  owing to surging product demand across varied
  end-use industries. Additionally, introduction of
  advanced products in the sector is likely to
  further support market growth through the
  forecast timeline.
• Variable frequency drives (VFDs) refer to a kind
  of motor controller that drives an electric motor
  by varying the voltage and frequency of its power
  supply. VFDs are most commonly used for
  controlling pumps, fans, and compressors. These
  applications make up for about 75 of the
  operations of all drives globally. A VFD helps
  vary the power supply to match the energy
  requirement of the equipment, thereby conserving
  energy. Prevalent use of these drives for optimal
  energy consumption has played a vital role in
  U.S. variable frequency drives market expansion
  in recent years.
• Notably, industry players have increasingly been
  investing in product improvement and innovation
  in order to gain a competitive edge in the
  market, which has positively impacted business
  growth. For instance, in May 2021, Emerson
  Electric Company, an American multinational
  corporation, introduced a range of Copeland
  variable frequency drives suitable for industrial
  and commercial refrigeration applications. The
  novel VFDs were designed to offer contractor ease
  of use and installation, along with several
  features like quick-start menus that were
  included to streamline service and commissioning.

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• Similarly, in June 2021, Eaton, a key firm in the
  U.S. variable frequency drives industry,
  presented its PowerXL DM1 micro VFD. The novel
  product has been designed particularly for
  industrial, commercial, and original equipment
  manufacturer (OEM) customers. It has been
  developed to simplify design, operation, and
  integration as well as to improve safety and
  support reliable operations. The VFD claimed to
  offer the most value in its class with the use of
  IoT, onboard Ethernet-based communications,
  Bluetooth, webserver, safe torque off, and SIL2,
  among other features.
• The U.S. variable frequency drives market has
  been segmented on the basis of voltage, drive,
  application, and end-use. Based on drive, the
  U.S. variable frequency drives market has been
  further divided into AC, DC, and servo. The DC
  drive segment is anticipated to witness robust
  growth by 2028, registering a CAGR of
  approximately 2 though the forecast period.
• In terms of application, the U.S. variable
  frequency drives market has been segregated into
  pump, fan, conveyor, compressor, extruder, and
  others. The compressor application segment holds
  a sizable share in the market and is estimated to
  grow substantially though the review period. VFDs
  offer several enhanced operational
  characteristics, including efficient speed
  regulation, elimination of unloading operation
  pressure fluctuations, and better energy savings.
  These features would drive product adoption
  across

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U.S. Variable Frequency Drive Market

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