The Frequency Converter Market size is expected to grow at an annual average of 5% during 2021-2027.Frequency converter is an electronic device also known as an AC power source that converts a fixed voltage and frequency to a variable frequency and voltage. It is used to control the speed of the pump with a frequency inverter. Frequency converters are used to reduce mechanical and electrical stress. It helps to extend the life of pumps, motors and other mechanical and electrical equipment. Frequency converters are classified into two types: rotary frequency converters and solid state frequency converters.
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A full report of Frequency Converter Market is available at: https://www.orionmarketreports.com/frequency-converter-market/32289/
The following segmentation are covered in this report:
End Use Industry
- Aerospace and Defense
- Power and Energy
- Oil and Gas
- Traction
- Marine/Offshore
- Process Industry
- Others
By Type
- Static Frequency Converter
- Rotary Frequency Converter
Company Profile
- Piller GmbH
- ABB Ltd.
- Power System & Control
- Danfoss A/S
- Aplab Ltd.
- General Electric Company
The report covers the following objectives:
- Proliferation and maturation of trade in the global Frequency Converter Market .
- The market share of the global Frequency Converter Market , supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Frequency Converter Market .
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Frequency Converter Market .
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
