VFD

Variable-Frequency Drive Market Size To Be USD 35.34 Billion by 2030: P&S Intelligence

Retrieved on: 
Tuesday, March 7, 2023

NEW YORK, March 7, 2023 /PRNewswire/ -- The global variable-frequency drive market revenue will touch USD 35.34 billion by 2030, advancing at a CAGR of 5.20% during 2022–2030, as per P&S Intelligence.

Key Points: 
  • NEW YORK, March 7, 2023 /PRNewswire/ -- The global variable-frequency drive market revenue will touch USD 35.34 billion by 2030, advancing at a CAGR of 5.20% during 2022–2030, as per P&S Intelligence.
  • In 2022, the AC drive category held the larger market share, of approximately 69%.
  • In 2022, the low-voltage drive category held the largest revenue share, and it is projected to continue with the dominance in the future.
  • With the increasing E&P activities, driven by new discoveries in new areas, the industry's demand for VFDs will continue to surge.

Variable-Frequency Drive Market Size To Be USD 35.34 Billion by 2030: P&S Intelligence

Retrieved on: 
Tuesday, March 7, 2023

NEW YORK, March 7, 2023 /PRNewswire/ -- The global variable-frequency drive market revenue will touch USD 35.34 billion by 2030, advancing at a CAGR of 5.20% during 2022–2030, as per P&S Intelligence.

Key Points: 
  • NEW YORK, March 7, 2023 /PRNewswire/ -- The global variable-frequency drive market revenue will touch USD 35.34 billion by 2030, advancing at a CAGR of 5.20% during 2022–2030, as per P&S Intelligence.
  • In 2022, the AC drive category held the larger market share, of approximately 69%.
  • In 2022, the low-voltage drive category held the largest revenue share, and it is projected to continue with the dominance in the future.
  • With the increasing E&P activities, driven by new discoveries in new areas, the industry's demand for VFDs will continue to surge.

Cold Storage Industry Highlights ESG Pillars to Foster Global Footprint - Astra ESG Solutions

Retrieved on: 
Tuesday, February 28, 2023

Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.

Key Points: 
  • Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.
  • Advancements in cold storage have provided potential opportunities for industry leaders to expand their ESG penetration.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Cold Storage Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    With carbon emissions becoming pronounced across business verticals, state-of-the-art refrigeration control systems have gained ground.
  • These trends suggest the global cold storage market could witness approximately 13.4% CAGR from 2021 to 2030.

Cold Storage Industry Highlights ESG Pillars to Foster Global Footprint - Astra ESG Solutions

Retrieved on: 
Tuesday, February 28, 2023

Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.

Key Points: 
  • Food & beverage companies have sought cold storage amidst an increased emphasis on ESG pillars.
  • Advancements in cold storage have provided potential opportunities for industry leaders to expand their ESG penetration.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Cold Storage Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    With carbon emissions becoming pronounced across business verticals, state-of-the-art refrigeration control systems have gained ground.
  • These trends suggest the global cold storage market could witness approximately 13.4% CAGR from 2021 to 2030.

Outlook on the Portable Air Compressors Global Market to 2028: Integration of Technology in Compressors and Increase in Use of Compressors in Construction Activities & Households Drives Growth

Retrieved on: 
Thursday, February 23, 2023

DUBLIN, Feb. 23, 2023 /PRNewswire/ -- The "Portable Air Compressors Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 23, 2023 /PRNewswire/ -- The "Portable Air Compressors Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global portable air compressor market by revenue is expected to grow at a CAGR of 5.35% from 2022 to 2028.
  • A portable air compressor provides compressed air to several industries, such as construction, automotive, and oil & gas.
  • Additionally, the subsequent introduction of oil-free-based projects and continuous industry investments are driving the demand for oil-free portable air compressors.

Infinitum Named as a Finalist in the Prestigious 2023 Edison Awards™

Retrieved on: 
Monday, February 13, 2023

Infinitum , creator of the breakthrough air core motor, today announced it has been named a finalist in the 2023 Edison Awards.

Key Points: 
  • Infinitum , creator of the breakthrough air core motor, today announced it has been named a finalist in the 2023 Edison Awards.
  • The Edison Awards™, named after the American inventor Thomas Alva Edison, recognizes some of the most innovative products and business leaders in the world with past winners including Steve Jobs, Elon Musk, General Motors and Genentech.
  • The prestigious accolades honor excellence in new product and service development, marketing, design and innovation.
  • Gold, Silver and Bronze winners will be announced at the Edison Awards Gala on Thursday, April 20, 2023 in Fort Myers, FL.

Infinitum Announces Strategic Technology Collaboration with Infineon at AHR Expo 2023

Retrieved on: 
Tuesday, February 7, 2023

Today at the AHR Expo, Infinitum announced a strategic technology collaboration with Infineon Technologies, a global semiconductor leader in power systems and IoT that drives decarbonization and digitalization with its products and solutions.

Key Points: 
  • Today at the AHR Expo, Infinitum announced a strategic technology collaboration with Infineon Technologies, a global semiconductor leader in power systems and IoT that drives decarbonization and digitalization with its products and solutions.
  • Infinitum’s motor systems were recognized with three 2023 CES Innovation Award designations for outstanding design and engineering in the sustainability and embedded technologies categories.
  • “Infineon's CoolSiC technology and motor control expertise help Infinitum achieve improvements in energy efficiency and controllability over standard induction motors.
  • Infineon will also be showcasing its inverterization technology and the Infinitum Aircore EC motor for commercial and industrial applications in booth B4110.

Infinitum Announces Next Gen EC Motor for Data Center Cooling Applications at AHR Expo 2023

Retrieved on: 
Monday, February 6, 2023

Infinitum , creator of the breakthrough air core motor, today announced at the AHR Expo a next-generation, sustainable motor designed specifically for data center cooling applications.

Key Points: 
  • Infinitum , creator of the breakthrough air core motor, today announced at the AHR Expo a next-generation, sustainable motor designed specifically for data center cooling applications.
  • The new motor system extends Infinitum’s award-winning Aircore EC line of motors and meets the unique needs of data centers to reduce power requirements and energy consumption.
  • View the full release here: https://www.businesswire.com/news/home/20230206005217/en/
    The Infinitum Aircore EC motor (Photo: Business Wire)
    Data centers currently consume two percent of the world’s energy and their energy demand is expected to increase eightfold by 2030.
  • The new Aircore EC motor system for data center applications will be available beginning in Q3 of 2023.

University Products Alerts U.S. Cattle Ranchers: 'FDA Set to Change Status of Antimicrobial Drugs from Over the Counter to Prescription Soon, Forcing Many Ranchers to Use Expensive and Difficult-to-Obtain CTCs - So Prepare Now by Vaccinating Your Herd Aga

Retrieved on: 
Wednesday, January 18, 2023

The Center for Veterinary Medicine's (CVM) Guidance for Industry #263 goes into effect on June 12, 2023.

Key Points: 
  • The Center for Veterinary Medicine's (CVM) Guidance for Industry #263 goes into effect on June 12, 2023.
  • The guidance applies to all food animals and animals not intended for food, and includes penicillin, sulfa-based drugs, boluses, intramammary mastitis tubes, and topical products.
  • For decades, antimicrobials were used to treat seasonal diseases like anaplasmosis in cattle, but there are better options – like vaccines produced by University Products.
  • These requirements, temporarily put aside for the COVID-19 pandemic, can no longer "be met solely through telemedicine."

EQS-News: SFC Energy AG receives follow-up order from Canadian oil company worth more than CAD 5.3 million

Retrieved on: 
Sunday, January 22, 2023

Brunnthal/Munich, Germany, January 10, 2023 – SFC Energy AG ( F3C:DE , ISIN: DE0007568578 ), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, secured another follow-up order from a Canadian oil producer for the supply of fully integrated frequency converters (VFDs).

Key Points: 
  • Brunnthal/Munich, Germany, January 10, 2023 – SFC Energy AG ( F3C:DE , ISIN: DE0007568578 ), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, secured another follow-up order from a Canadian oil producer for the supply of fully integrated frequency converters (VFDs).
  • The order amounts to more than CAD 5.3 million and will be fully recognized in sales and earnings in fiscal year 2023.
  • Already in October 2022, the customer from the Canadian province of Alberta ordered VFDs from SFC Energy with a total value of more than CAD 10 million.
  • For more information on SFC Energy's Clean Energy and Clean Power Management solutions, visit sfc.com.