Marine VFD MARKET FORECASTS TO 2028 | DRIVERS AND OPPORTUNITIES | KEY PLAYER ANALYSIS ABB Ltd., Beard Marine Group

According to Stratistics MRC, the Global Marine VFD Market is accounted for $834.62 million in 2021 and is expected to reach $1430.40 million by 2028 growing at a CAGR of 8.0% during the forecast period.

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Marine variable frequency drives (VFD) are used for regulating the speed and torque of motors so that they run accurately according to the demand. A variable frequency drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage of its power supply. The VFD also can control ramp-up and ramp-down of the motor during start or stop, respectively.

Some of the key players profiled in the Marine VFD Market include ABB Ltd., Beard Marine Group, CG Power and IndUStrial Solutions, Danfoss A/S, Eaton Corporation, GE Power Conversion, Invertek Drives Ltd., Mitsubishi Electric Corporation, Parker Hannifin Corp, Rockwell Automation, Inc., Siemens AG, WEG Industries, Yaskawa.

Types Covered: 
• AC Drive
• DC Drive 

Voltages Covered:
• Low Voltage (Upto 1000 V)
• Medium Voltage (Above 1000 V ) 

Technology’s Covered:
• Standard
• Regenerative

Applications Covered:
• Pump
• Fan
• Compressor
• Propeller
• With Shaft Generator
• Without Shaft Generator
• Crane & Hoist
• Propulsion/ Thruster

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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