VARIABLE SPEED DRIVE MARKET

INTRODUCTION TOVARIABLE SPEED DRIVE MARKET

 A variable speed drive's (VSD) primary job is to regulate how much energy is sent from the mains to the process. Drives with variable speeds are located between the power source and the motor. A drive receives electricity from the electrical source, and the drive then controls the amount of power delivered to the motor.

An electronic motor control device called a variable speed drive (VSD), sometimes known as a variable frequency drive (VFD), or an inverter, enables total control of the motor speed, including starting and stopping. To keep the motor operating at its best flux, it works by varying the frequency and voltage provided to the motor.

Variable speed drives considerably reduce the amount of energy used when operating centrifugal loads like fans. A fan, for instance, can be powered with eight times less horsepower if it operates at only 50% of its regular speed.

VARIABLE SPEED DRIVE MARKET SIZE AND FORECAST

 The global  Variable Speed Drive market accounted for $XX Billion in 2023 and is anticipatedto reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

VARIABLE SPEED DRIVE MARKETNEW PRODUCT LAUNCH

WEG, a maker of motors and drives, will introduce its new CFW900 variable speed drive (VSD) at the Drives & Controls trade show in Birmingham, United Kingdom.

WEG is a Brazilian manufacturer of electronic equipment that provides capital goods with electric machines, automation, and paint solutions for a variety of industries, including infrastructure, steel, pulp and paper, oil and gas, mining, and many more.

WEG will introduce the CFW900 drive to the UK and Ireland market at Drives & Controls, an event held at the National Exhibition Centre (NEC) in Birmingham. 

The newest frequency inverter model from CFW has a more user-friendly interface, better power density, and a more straightforward design that makes it easier for users to access setups and technical information.  Additionally, the CFW900 can work with a variety of recently released digital products from WEG, such as Motion Fleet Management (MFM), which will be displayed at booth E110.

Using cloud computing and Internet of Things (IoT) technology, MFM is a control and monitoring solution for the operation of industrial assets. MFM generates real-time insights about motors, drives, and other industrial assets through asset monitoring and a combination of edge and in-cloud data processing, which it then shares with plant managers and engineers.

MFM works in conjunction with WEG Motor Scan and WEG Drive Scan, sensors that keep track of the temperature, vibration, and operating hours of their respective assets. Engineers and plant managers can gain operational insights from these technologies' collection, transmission, and interaction with MFM.

VARIABLE SPEED DRIVE MARKETCOMPANY PROFILE

• WEG Electric Corp.
• Brehob Corporation
• Motion Industries,Inc.
• Compressed Air Systems, Inc.
• OTP Industrial Solutions
• Composite Motors, Inc.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many  Variable Speed Drives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global  Variable Speed Drive and key vendor selection criteria
3. Where is the  Variable Speed Drive manufactured? What is the average margin per unit?
4. Market share of Global  Variable Speed Drive market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global  Variable Speed Drive in-house
6. key predictions for next 5 years in Global  Variable Speed Drive market
7. Average B-2-B  Variable Speed Drive market price in all segments
8. Latest trends in  Variable Speed Drive market, by every market segment
9. The market size (both volume and value) of the  Variable Speed Drive market in 2024-2030 and every year in between?
10. Production breakup of  Variable Speed Drive market, by suppliers and their OEM relationship