A frequency converter, or frequency changer, is an instrument used to convert the input supply frequency as required by specific machinery or equipment. It comprises the rectifier, inverter, power filter, EMI filter, and an isolation transformer. Frequency converters are widely utilized in industrial applications and renewable energy systems to manipulate the speed of a pump, increase energy savings, minimize the electrical and mechanical stress on the equipment, and control critical processes in cooling and ventilating systems.Request Free Sample Report: https://www.imarcgroup.com/india-frequency-converter-market/requestsample
Market Trends
The market is primarily propelled by high investments in the infrastructure and manufacturing sectors. Additionally, India offers a favorable business landscape, administrative setup, cheap and skilled labor force and, attractive policies regarding FDI. These factors have prompted many international companies to set up their manufacturing units in India, thereby bolstering the demand for frequency converters. Besides this, these devices are also widely adopted in the aerospace and defense industries, as they are energy and cost-efficient. Other factors like favorable government policies to focus on sustainability for improving the efficiency of energy supply and the growing popularity of wind power generation are expected to drive the market further.
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis of type, end use industry and country.
Breakup by Type:
Static Frequency Converter
Rotary Frequency Converter
Breakup by End Use Industry:
Aerospace and Defense
Power and Energy
Oil and Gas
Traction
Marine/Offshore
Process Industry
Others
Breakup by Region:
North India
West and Central India
South India
East India
Key highlights of the report:
Market Performance (2014-2019)
Market Outlook (2020- 2025)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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