A variable frequency drive (VFD) is a motor controller that drives an electric motor by varying the frequency and voltage of its power supply. The VFD also has the ability to control ramp-up and ramp- down of the motor during start or stop, respectively. Even though the drive controls the voltage and frequency of power supplied to the motor, it is often referred to as speed control, since the result is an adjustment of the motor speed. Additionally, the advanced and modern drives integrate the networking and diagnostic capabilities into better performance and increased productivity. Intelligent motor control, energy savings, and reduction of peak-current drawn are some of the major reasons to choose a VFD as the controller in every motor- driven system. Increased investments from several global VFD vendors (especially in R&D) have allowed them to further the technology and prompt the growth of the variable frequency drives market. The investment in the Asia-Pacific region has been higher, owing to the opportunities arising from relatively higher infrastructure and economic development in the region.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

5. MARKET DYNAMICS

6. SEGMENTATION

7. COMPETITIVE LANDSCAPE

8. INVESTMENT ANALYSIS 9. FUTURE OF THE MARKET