U.S. Variable Frequency Drive Market Growth Drivers In 2022 & Challenges By 2028

The U.S. variable frequency drives market is anticipated to witness robust growth by 2028 owing to surging product demand across varied end-use industries. Additionally, introduction of advanced products in the sector is likely to further support market growth through the forecast timeline.

Variable frequency drives (VFDs) refer to a kind of motor controller that drives an electric motor by varying the voltage and frequency of its power supply. VFDs are most commonly used for controlling pumps, fans, and compressors. These applications make up for about 75% of the operations of all drives globally. A VFD helps vary the power supply to match the energy requirement of the equipment, thereby conserving energy. Prevalent use of these drives for optimal energy consumption has played a vital role in U.S. variable frequency drives market expansion in recent years.

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Notably, industry players have increasingly been investing in product improvement and innovation in order to gain a competitive edge in the market, which has positively impacted business growth. For instance, in May 2021, Emerson Electric Company, an American multinational corporation, introduced a range of Copeland variable frequency drives suitable for industrial and commercial refrigeration applications. The novel VFDs were designed to offer contractor ease of use and installation, along with several features like quick-start menus that were included to streamline service and commissioning.

Similarly, in June 2021, Eaton, a key firm in the U.S. variable frequency drives industry, presented its PowerXL DM1 micro VFD. The novel product has been designed particularly for industrial, commercial, and original equipment manufacturer (OEM) customers. It has been developed to simplify design, operation, and integration as well as to improve safety and support reliable operations. The VFD claimed to offer the most value in its class with the use of IoT, onboard Ethernet-based communications, Bluetooth, webserver, safe torque off, and SIL2, among other features.

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The U.S. variable frequency drives market has been segmented on the basis of voltage, drive, application, and end-use. Based on drive, the U.S. variable frequency drives market has been further divided into AC, DC, and servo. The DC drive segment is anticipated to witness robust growth by 2028, registering a CAGR of approximately 2% though the forecast period.

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In terms of application, the U.S. variable frequency drives market has been segregated into pump, fan, conveyor, compressor, extruder, and others. The compressor application segment holds a sizable share in the market and is estimated to grow substantially though the review period. VFDs offer several enhanced operational characteristics, including efficient speed regulation, elimination of unloading operation & pressure fluctuations, and better energy savings. These features would drive product adoption across

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