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North America Frequency Converter Market Size, Share & Industry Trends Analysis Report By Type (Rotary and Static), By End User, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 64 Pages
  • July 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645656
The North America Frequency Converter Market is expected to witness market growth of 5.6% CAGR during the forecast period (2022-2028).

Governments and trade organizations are anticipated to implement favorable rules and regulations over the projected period. The market's customers are fully informed of their needs and how the industry can satisfy them. The enlarging of the sources of supply is enabling the market participants to produce goods that can successfully compete in the market. It is predicted that the market expansion will pick up speed in the upcoming years due to the upgrading of production capacity. It is anticipated that the cooperation of rivals in this industry is expected to give way to new advancements and the introduction of unique products. Better research and development trials and activities are predicted to be carried out in the upcoming period as a result of the companies' improved economic situation.

Manufacturers of frequency converters are consistently implementing cutting-edge technology. Technical support is a crucial component of the company; in other words, technology is what makes businesses successful. It will result in significant modifications as long as the original equipment or comparable devices use the technology. Frequency converter use can occasionally result in a qualitative shift. Such technological advancement will undoubtedly increase their company's competitiveness.

The use of space capabilities gives the US and its allies previously unheard-of advantages in terms of military operations, homeland security, and political decision-making. While a small number of private companies have led the most recent space travel initiatives, there are currently discussions about adding the Space Force as the US military's sixth branch. In the projection years, this is expected to motivate public sector investments in space technologies. The US Department of Military (DoD) as well as the US aerospace and defense sector will probably both gain from the establishment of the US Space Command. In addition, the US Space Command manages space operations utilizing personnel and resources managed by the Space Force.

The US market dominated the North America Frequency Converter Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $5,743.9 million by 2028.The Canada market is poised to grow at a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 7.1% during (2022 - 2028).

Based on Type, the market is segmented into Rotary and Static. Based on End User, the market is segmented into Aerospace & Defense, Traction, Oil & Gas, Marine/Offshore, Power & Energy and Process Industry & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, ABB Group, General Electric (GE) Co., The Danfoss Group, Aplab Limited, NR Electric Co., Ltd., Magnus Power Pvt. Ltd., KGS Electronics, Georator Corporation, and Advance Electronic Labs., Corp.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Rotary
  • Static

By End User

  • Aerospace & Defense
  • Traction
  • Oil & Gas
  • Marine/Offshore
  • Power & Energy
  • Process Industry & Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Siemens AG
  • ABB Group
  • General Electric (GE) Co.
  • The Danfoss Group
  • Aplab Limited
  • NR Electric Co., Ltd.
  • Magnus Power Pvt. Ltd.
  • KGS Electronics
  • Georator Corporation
  • Advance Electronic Labs., Corp.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Frequency Converter Market, by Type
1.4.2 North America Frequency Converter Market, by End User
1.4.3 North America Frequency Converter Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Frequency Converter Market by Type
3.1 North America Rotary Market by Country
3.2 North America Static Market by Country
Chapter 4. North America Frequency Converter Market by End User
4.1 North America Aerospace & Defense Market by Country
4.2 North America Traction Market by Country
4.3 North America Oil & Gas Market by Country
4.4 North America Marine/Offshore Market by Country
4.5 North America Power & Energy Market by Country
4.6 North America Process Industry & Others Market by Country
Chapter 5. North America Frequency Converter Market by Country
5.1 US Frequency Converter Market
5.1.1 US Frequency Converter Market by Type
5.1.2 US Frequency Converter Market by End User
5.2 Canada Frequency Converter Market
5.2.1 Canada Frequency Converter Market by Type
5.2.2 Canada Frequency Converter Market by End User
5.3 Mexico Frequency Converter Market
5.3.1 Mexico Frequency Converter Market by Type
5.3.2 Mexico Frequency Converter Market by End User
5.4 Rest of North America Frequency Converter Market
5.4.1 Rest of North America Frequency Converter Market by Type
5.4.2 Rest of North America Frequency Converter Market by End User
Chapter 6. Company Profiles
6.1 Siemens AG
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.1.6 SWOT Analysis
6.2 ABB Group
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 SWOT Analysis
6.3 General Electric (GE) Co.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 The Danfoss Group
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Aplab Limited
6.5.1 Company Overview
6.5.2 Financial Analysis
6.6 NR Electric Co., Ltd. (NARI Technology Development Limited Co.)
6.6.1 Company Overview
6.7 Magnus Power Pvt. Ltd.
6.7.1 Company Overview
6.8 KGS Electronics
6.8.1 Company Overview
6.9 Georator Corporation (Worldwide Electric Corporation LLC)
6.9.1 Company Overview
6.10. Advance Electronic Labs., Corp.
6.10.1 Company Overview

Companies Mentioned

  • Siemens AG
  • ABB Group
  • General Electric (GE) Co.
  • The Danfoss Group
  • Aplab Limited
  • NR Electric Co., Ltd.
  • Magnus Power Pvt. Ltd.
  • KGS Electronics
  • Georator Corporation
  • Advance Electronic Labs., Corp.

Methodology

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