LONDON--(BUSINESS WIRE)--Oct 1, 2019--
The report, marine VFD market 2019-2023, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on type and geography for the forecast period 2019-2023.
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Technavio has announced its latest market research report titled global marine VFD market 2019-2023 (Graphic: Business Wire)
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The report on the marine VFD market includes:
Marine VFD market analysis and forecast 2019-2023: Features
- Competitive landscape
- Market segmentation
- Market drivers
- Market trends
- Market challenges
- Five forces analysis
- Market landscape
- Market sizing & forecast
Marine VFD Market 2019-2023: Competitive landscape
- Vendors covered
- Vendor classification
- ABB Ltd.
- CG Power and Industrial Solutions Ltd.
- Danfoss AS
- Eaton Corp. Plc
- General Electric Co.
- Hitachi Ltd.
- Invertek Drives Ltd.
- Mitsubishi Heavy Industries Ltd.
- Rockwell Automation Inc.
- Siemens AG
Marine VFD Market Landscape 2019-2023: Geographic landscape
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
Marine VFD Market Landscape 2019-2023: Type
- AC Drive - Market size and forecast 2018-2023
- DC Drive - Market size and forecast 2018-2023
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Growing demand for superior performance in marine operations will drive the marine VFD market
Marine VFDs enable precise, reliable, and efficient control of various marine engine components and motors in a wide variety of applications. For instance, they provide incomparable results in terms of performance by enabling engine operations across a wide range of speeds, along with maintaining full load capability for marine devices and components.
The advent of remote monitoring in VFD – An emerging trend in the marine VFD market
Remote monitoring of marine VFDs plays a crucial role in identifying deteriorating conditions within the VFD, which can potentially cause a shutdown and result in losses for end-users. It also allows end-users to remotely troubleshoot any minor failure in marine VFDs, which enables them to reduce unplanned downtime and increase efficiency.
Other Key Topics Covered in the Report are:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
Get Full Report: https://www.technavio.com/report/marine-vfd-market-industry-analysis
DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Digitalization of shipbuilding industry
- Increasing hybrid and electric propulsion in marine operations
- Advent of remote monitoring in VFD
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- Global Submarine Combat System Market 2019-2023: The global submarine combat system market is forecasted to grow at a CAGR of over 5% during the period 2019-2023. The marine engine monitoring system market size will increase by USD 2 billion during the forecast period of 2019-2023.
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SOURCE: Technavio Research
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PUB: 10/01/2019 11:00 AM/DISC: 10/01/2019 11:01 AM