The global variable frequency drive market size is expected to reach USD 39.66 billion by 2030 registering a CAGR of 5.6%. The rapid development of semiconductor technology and rising consumer awareness of the benefits of energy-efficient products are two factors anticipated to fuel the expansion of the market. Similarly, the rising energy demand worldwide and the use of variable frequency drives (VFDs) to regulate the flow and speed of the fan to prevent energy loss are anticipated to promote the growth of the global market in the years to come.
More than 90% of the energy expended in the U.S. is used by residential refrigeration and HVAC systems equipment. VFDs aid in managing the speed of the motor in HVAC systems and reduces power consumption, which is expected to boost the growth of the market. Rising awareness about conserving energy and approaches to reducing excessive energy consumption is expected to increase demand for these devices. Additionally, rising demand for variable frequency drives from the food and beverage, automotive, and oil and gas industries are anticipated to promote market expansion.
The expansion of the market is anticipated to be hampered by the high cost of the product and maintenance. Furthermore, a workforce shortage is anticipated to pose a threat to market expansion. However, rising expenditure in the distribution and power generation industry as well as rising global oil & gas extraction operations are likely to open up new prospects for market participants in variable frequency drive in the years to come.
The global COVID-19 pandemic has had a big impact on the growth of the VFD market. In the industrial sector, variable frequency drives are frequently employed. The government's stringent lockdown and the closure of factories, however, reduced demand for variable frequency drives. In the 2nd quarter of 2022, the market for VFDs is anticipated to expand as previously halted production activities resume, thus reviving the market growth.
More than 90% of the energy expended in the U.S. is used by residential refrigeration and HVAC systems equipment. VFDs aid in managing the speed of the motor in HVAC systems and reduces power consumption, which is expected to boost the growth of the market. Rising awareness about conserving energy and approaches to reducing excessive energy consumption is expected to increase demand for these devices. Additionally, rising demand for variable frequency drives from the food and beverage, automotive, and oil and gas industries are anticipated to promote market expansion.
The expansion of the market is anticipated to be hampered by the high cost of the product and maintenance. Furthermore, a workforce shortage is anticipated to pose a threat to market expansion. However, rising expenditure in the distribution and power generation industry as well as rising global oil & gas extraction operations are likely to open up new prospects for market participants in variable frequency drive in the years to come.
The global COVID-19 pandemic has had a big impact on the growth of the VFD market. In the industrial sector, variable frequency drives are frequently employed. The government's stringent lockdown and the closure of factories, however, reduced demand for variable frequency drives. In the 2nd quarter of 2022, the market for VFDs is anticipated to expand as previously halted production activities resume, thus reviving the market growth.
Variable Frequency Drive Market Report Highlights
- The AC drives segment dominated the market with more than 68% share in 2022 and is expected to continue leading the market with increasing demand from the industrial sector for equipment with less noise and maintenance.
- Asia Pacific is anticipated to grow at 5.8% CAGR during the forecast period. This can be attributed to rapid industrialization in emerging economies and increasing demand from the water treatment sector.
- Since the outbreak of COVID-19, major players are inclining toward enhancing the customer base through the introduction of new products.
Table of Contents
Chapter 1. Methodology and Scope1.1. Methodology Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information Analysis
1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Variable Frequency Drive Market - Industry Snapshot, 2018 - 2030
Chapter 3. Variable Frequency Drive Market Variables, Trends & Scope
3.1. Market Size and Growth Prospects, 2018-2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis - Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.5.3. COVID-19 Impact Analysis
Chapter 4. Variable Frequency Drive Market Product Type Outlook
4.1. Variable Frequency Drive Market Share by Product, 2022 & 2030 (USD Million)
4.2. AC Drives
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. DC Drives
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.4. Servo Drives
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 5. Variable Frequency Drive Market Power Range Outlook
5.1. Variable Frequency Drive Market Share by power range, 2022 & 2030 (USD Million)
5.2. Micro (0-5 kW)
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.3. Low (6-40 kW)
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.4. Medium (41-200 kW)
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.5. High (>200 kW)
5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 6. Variable Frequency Drive Market Application Outlook
6.1. Variable Frequency Drive Market Share by Application, 2022 & 2030 (USD Million)
6.2. Pumps
6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.3. Electric Fans
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.4. Conveyors
6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.5. HVAC
6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.6. Extruders
6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
6.7. Others
6.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 7. Variable Frequency Drive Market End-use Outlook
7.1. Variable Frequency Drive Market Share by End-use, 2022 & 2030 (USD Million)
7.2. Oil & Gas
7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.3. Power Generation
7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.4. Industrial
7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.5. Infrastructure
7.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.6. Automotive
7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.7. Food & Beverages
7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
7.8. Others
7.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.8.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
Chapter 8. Variable Frequency Drive Market: Regional Outlook
8.1. Variable Frequency Drive Market Share by Region, 2022 & 2030 (USD Million)
8.2. North America
8.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.2.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.2.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.2.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.2.6. U.S.
8.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.6.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.2.6.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.2.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.2.6.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.2.7. Canada
8.2.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.7.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.2.7.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.2.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.2.7.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.3. Europe
8.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.3.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.3.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.3.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.3.6. U.K.
8.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.6.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.3.6.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.3.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.3.6.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.3.7. Germany
8.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.7.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.3.7.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.3.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.3.7.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.3.8. Rest of Europe
8.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.3.8.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.3.8.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.3.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.3.8.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4.6. China
8.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.6.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.6.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.6.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4.7. India
8.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.7.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.7.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.7.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4.8. Japan
8.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.8.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.8.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.8.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4.9. South Korea
8.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.9.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.9.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.9.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.9.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.4.10. Rest of Asia Pacific
8.4.10.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.4.10.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.4.10.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.4.10.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.4.10.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.5. Latin America
8.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.5.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.5.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.5.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.5.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.5.6. Brazil
8.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.5.6.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.5.6.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.5.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.5.6.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.5.7. Mexico
8.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.5.7.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.5.7.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.5.7.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.5.7.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.5.8. Rest of Latin America
8.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.5.8.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.5.8.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.5.8.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.5.8.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
8.6. Middle East & Africa
8.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.6.2. Market estimates and forecast by product type, 2018 - 2030 (USD Million)
8.6.3. Market estimates and forecast by power range, 2018 - 2030 (USD Million)
8.6.4. Market estimates and forecast by application, 2018 - 2030 (USD Million)
8.6.5. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
9.1. ABB
9.1.1. Company overview
9.1.2. Financial performance
9.1.3. Product benchmarking
9.1.4. Recent developments
9.2. Eaton
9.2.1. Company overview
9.2.2. Financial performance
9.2.3. Product benchmarking
9.2.4. Recent developments
9.3. General Electric
9.3.1. Company overview
9.3.2. Financial performance
9.3.3. Product benchmarking
9.3.4. Recent developments
9.4. Hitachi Ltd.
9.4.1. Company overview
9.4.2. Financial performance
9.4.3. Product benchmarking
9.4.4. Recent developments
9.5. Rockwell Automation Inc.
9.5.1. Company overview
9.5.2. Financial performance
9.5.3. Product benchmarking
9.5.4. Recent developments
9.6. Schneider Electric
9.6.1. Company overview
9.6.2. Financial performance
9.6.3. Product benchmarking
9.6.4. Recent developments
9.7. Siemens AG
9.7.1. Company overview
9.7.2. Financial performance
9.7.3. Product benchmarking
9.7.4. Recent developmentsDaiichi J
9.8. The Danfoss Group
9.8.1. Company overview
9.8.2. Financial performance
9.8.3. Product benchmarking
9.8.4. Recent developments
9.9. WEG S.A.
9.9.1. Company overview
9.9.2. Financial performance
9.9.3. Product benchmarking
9.9.4. Recent developments
9.10. Yaskawa Electric Corporation
9.10.1. Company overview
9.10.2. Financial performance
9.10.3. Product benchmarking
9.10.4. Recent developments
List of Tables
Table 1 Global variable frequency drive market, 2018 - 2030 (USD Million)
Table 2 Global variable frequency drive market, by region, 2018 - 2030 (USD Million)
Table 3 Global variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 4 Global variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 5 AC Drives market, 2018 - 2030 (USD Million)
Table 6 AC Drives market, by region, 2018 - 2030 (USD Million)
Table 7 DC Drives market, 2018 - 2030 (USD Million)
Table 8 DC Drives market, by region, 2018 - 2030 (USD Million)
Table 9 Servo Drives market, 2018 - 2030 (USD Million)
Table 10 Servo Drives market, by region, 2018 - 2030 (USD Million)
Table 11 Micro (0-5 kW) market, 2018 - 2030 (USD Million)
Table 12 Micro (0-5 kW) market, by region, 2018 - 2030 (USD Million)
Table 13 Low (6-40 kW) market, 2018 - 2030 (USD Million)
Table 14 Low (6-40 kW) market, by region, 2018 - 2030 (USD Million)
Table 15 Medium (41-200 kW) market, 2018 - 2030 (USD Million)
Table 16 Medium (41-200 kW) market, by region, 2018 - 2030 (USD Million)
Table 17 Pumps market, 2018 - 2030 (USD Million)
Table 18 Pumps market, by region, 2018 - 2030 (USD Million)
Table 19 Electric Fans market, 2018 - 2030 (USD Million)
Table 20 Electric Fans market, by region, 2018 - 2030 (USD Million)
Table 21 Conveyors market, 2018 - 2030 (USD Million)
Table 22 Conveyors market, by region, 2018 - 2030 (USD Million)
Table 23 HVAC market, 2018 - 2030 (USD Million)
Table 24 HVAC market, by region, 2018 - 2030 (USD Million)
Table 25 Extruders market, 2018 - 2030 (USD Million)
Table 26 Extruders market, by region, 2018 - 2030 (USD Million)
Table 27 Others market, 2018 - 2030 (USD Million)
Table 28 Others market, by region, 2018 - 2030 (USD Million)
Table 29 Oil & Gas market, 2018 - 2030 (USD Million)
Table 30 Oil & Gas market, by region, 2018 - 2030 (USD Million)
Table 31 Power Generation market, 2018 - 2030 (USD Million)
Table 32 Power Generation market, by region, 2018 - 2030 (USD Million)
Table 33 Industrial market, 2018 - 2030 (USD Million)
Table 34 Industrial market, by region, 2018 - 2030 (USD Million)
Table 35 Infrastructure market, 2018 - 2030 (USD Million)
Table 36 Infrastructure market, by region, 2018 - 2030 (USD Million)
Table 37 Automotive market, 2018 - 2030 (USD Million)
Table 38 Automotive market, by region, 2018 - 2030 (USD Million)
Table 39 Food & Beverages market, 2018 - 2030 (USD Million)
Table 40 Food & Beverages market, by region, 2018 - 2030 (USD Million)
Table 41 Others market, 2018 - 2030 (USD Million)
Table 42 Others market, by region, 2018 - 2030 (USD Million)
Table 43 North America variable frequency drive market, 2018 - 2030 (USD Million)
Table 44 North America variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 45 North America variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 46 North America variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 47 North America variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 48 U.S. variable frequency drive market, 2018 - 2030 (USD Million)
Table 49 U.S. variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 50 U.S. variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 51 U.S. variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 52 U.S. variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 53 Canada variable frequency drive market, 2018 - 2030 (USD Million)
Table 54 Canada variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 55 Canada variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 56 Canada variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 57 Canada variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 58 Europe variable frequency drive market, 2018 - 2030 (USD Million)
Table 59 Europe variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 60 Europe variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 61 Europe variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 62 Europe variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 63 U.K. variable frequency drive market, 2018 - 2030 (USD Million)
Table 64 U.K. variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 65 U.K. variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 66 U.K. variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 67 U.K. variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 68 Germany variable frequency drive market, 2018 - 2030 (USD Million)
Table 69 Germany variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 70 Germany variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 71 Germany variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 72 Germany variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 73 Rest of Europe variable frequency drive market, 2018 - 2030 (USD Million)
Table 74 Rest of Europe variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 75 Rest of Europe variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 76 Rest of Europe variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 77 Rest of Europe variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 78 Asia Pacific variable frequency drive market, 2018 - 2030 (USD Million)
Table 79 Asia Pacific variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 80 Asia Pacific variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 81 Asia Pacific variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 82 Asia Pacific variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 83 China variable frequency drive market, 2018 - 2030 (USD Million)
Table 84 China variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 85 China variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 86 China variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 87 China variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 88 India variable frequency drive market, 2018 - 2030 (USD Million)
Table 89 India variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 90 India variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 91 India variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 92 India variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 93 Japan variable frequency drive market, 2018 - 2030 (USD Million)
Table 94 Japan variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 95 Japan variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 96 Japan variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 97 Japan variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 98 South Korea variable frequency drive market, 2018 - 2030 (USD Million)
Table 99 South Korea variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 100 South Korea variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 101 South Korea variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 102 South Korea variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 103 Rest of Asia Pacific variable frequency drive market, 2018 - 2030 (USD Million)
Table 104 Rest of Asia Pacific variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 105 Rest of Asia Pacific variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 106 Rest of Asia Pacific variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 107 Rest of Asia Pacific variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 108 Latin America variable frequency drive market, 2018 - 2030 (USD Million)
Table 109 Latin America variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 110 Latin America variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 111 Latin America variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 112 Latin America variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 113 Brazil variable frequency drive market, 2018 - 2030 (USD Million)
Table 114 Brazil variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 115 Brazil variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 116 Brazil variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 117 Brazil variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 118 Mexico variable frequency drive market, 2018 - 2030 (USD Million)
Table 119 Mexico variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 120 Mexico variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 121 Mexico variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 122 Mexico variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 123 Rest of Latin America variable frequency drive market, 2018 - 2030 (USD Million)
Table 124 Rest of Latin America variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 125 Rest of Latin America variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 126 Rest of Latin America variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 127 Rest of Latin America variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
Table 128 Middle East & Africa variable frequency drive market, 2018 - 2030 (USD Million)
Table 129 Middle East & Africa variable frequency drive market, by product type, 2018 - 2030 (USD Million)
Table 130 Middle East & Africa variable frequency drive market, by power range, 2018 - 2030 (USD Million)
Table 131 Middle East & Africa variable frequency drive market, by application, 2018 - 2030 (USD Million)
Table 132 Middle East & Africa variable frequency drive market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market Formulation and Data Visualization
Fig. 6 Industry Snapshot
Fig. 7 Variable Frequency Drive Market Size and Growth Prospects, 2018 - 2030 (USD Million)
Fig. 8 Variable Frequency Drive Market Value Chain Analysis
Fig. 9 Variable Frequency Drive Market Penetration & Growth Prospect Mapping (Key Opportunity Prioritized)
Fig. 10 Industry Analysis-Porter’s Five Forces
Fig. 11 PEST Analysis
Fig. 12 Variable Frequency Drive Market, by Product Type, Key Takeaways (USD Million)
Fig. 13 Product Type Movement Analysis & Market Share, 2022 & 2030
Fig. 14 Variable Frequency Drive Market, by Power Range, Key Takeaways (USD Million)
Fig. 15 Power Range Movement Analysis & Market Share, 2022 & 2030
Fig. 16 Variable Frequency Drive Market, by Application, Key Takeaways (USD Million)
Fig. 17 Application Movement Analysis & Market Share, 2022 & 2030
Fig. 18 Variable Frequency Drive Market, by End-use, Key Takeaways (USD Million)
Fig. 19 End-use Movement Analysis & Market Share, 2022 & 2030
Fig. 20 Regional market size estimates & forecasts, 2018 - 2030(USD Million)
Fig. 21 North America Variable Frequency Drive Market Outlook and Market Share by Country, 2022 & 2030 (USD Million)
Fig. 22 Europe Variable Frequency Drive Market Outlook and Market Share by Country, 2022 & 2030 (USD Million)
Fig. 23 Asia Pacific Variable Frequency Drive Market Outlook and Market Share by Country, 2022 & 2030 (USD Million)
Fig. 24 Latin America Variable Frequency Drive Market Outlook and Market Share by Country, 2022 & 2030 (USD Million)
Fig. 25 Middle East & Africa Variable Frequency Drive Market Outlook and Market Share by Country, 2022 & 2030 (USD Million)
Fig. 26 Key Company Ranking Analysis, 2021
Companies Mentioned
- ABB
- Eaton
- General Electric
- Hitachi Ltd.
- Rockwell Automation Inc.
- Schneider Electric
- Siemens AG
- The Danfoss Group
- WEG S.A.
- Yaskawa Electric Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | January 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 27.09 Billion |
| Forecasted Market Value ( USD | $ 39.66 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
