+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Variable Frequency Drive (VFD) Market 2024-2028

  • PDF Icon

    Report

  • 187 Pages
  • April 2024
  • Region: Global
  • TechNavio
  • ID: 5561277
1h Free Analyst Time
Description Jump to:
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.
The variable frequency drive (VFD) market is forecasted to grow by USD 7593.37 million during 2023-2028, accelerating at a CAGR of 5.51% during the forecast period. The report on the variable frequency drive (VFD) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from hvac and r applications, growing need for energy-efficient equipment in industrial facilities, and presence of regulations that mandate use of vfds in industries.

The variable frequency drive (VFD) market is segmented as below:

By End-user

  • Food and beverage
  • Water and wastewater treatment
  • Oil and gas
  • Power generation
  • Automotive and others

By Type

  • Low voltage drives
  • Medium voltage drives

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the technological advances in vfds as one of the prime reasons driving the variable frequency drive (VFD) market growth during the next few years. Also, integration of iot in vfds and increased need for compact and integrated drive systems will lead to sizable demand in the market.

The report on the variable frequency drive (VFD) market covers the following areas:

  • Variable frequency drive (VFD) market sizing
  • Variable frequency drive (VFD) market forecast
  • Variable frequency drive (VFD) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading variable frequency drive (VFD) market vendors that include ABB Ltd., Danfoss AS, Eaton Corp. Plc, Emerson Electric Co., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Invertek Drives Ltd., Johnson Controls, Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schaffner Group, Schneider Electric SE, Siemens AG, Spoc Automation Inc., Toshiba Corp., WEG S.A, and Yaskawa Electric Corp.. Also, the variable frequency drive (VFD) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global variable frequency drive (VFD) market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global variable frequency drive (vfd) market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Food and beverage - Market size and forecast 2023-2028
Exhibit 34: Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
6.4 Water and wastewater treatment - Market size and forecast 2023-2028
Exhibit 38: Chart on Water and wastewater treatment - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Water and wastewater treatment - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Water and wastewater treatment - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Water and wastewater treatment - Year-over-year growth 2023-2028 (%)
6.5 Oil and gas - Market size and forecast 2023-2028
Exhibit 42: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
6.6 Power generation - Market size and forecast 2023-2028
Exhibit 46: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Power generation - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
6.7 Automotive and others - Market size and forecast 2023-2028
Exhibit 50: Chart on Automotive and others - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Data Table on Automotive and others - Market size and forecast 2023-2028 ($ million)
Exhibit 52: Chart on Automotive and others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Automotive and others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
Exhibit 54: Market opportunity by End-user ($ million)
Exhibit 55: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 56: Chart on Type - Market share 2023-2028 (%)
Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 58: Chart on Comparison by Type
Exhibit 59: Data Table on Comparison by Type
7.3 Low voltage drives - Market size and forecast 2023-2028
Exhibit 60: Chart on Low voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Low voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Low voltage drives - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Low voltage drives - Year-over-year growth 2023-2028 (%)
7.4 Medium voltage drives - Market size and forecast 2023-2028
Exhibit 64: Chart on Medium voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Medium voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Medium voltage drives - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Medium voltage drives - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ million)
Exhibit 69: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 123: ABB Ltd. - Overview
Exhibit 124: ABB Ltd. - Business segments
Exhibit 125: ABB Ltd. - Key news
Exhibit 126: ABB Ltd. - Key offerings
Exhibit 127: ABB Ltd. - Segment focus
12.4 Danfoss AS
Exhibit 128: Danfoss AS - Overview
Exhibit 129: Danfoss AS - Business segments
Exhibit 130: Danfoss AS - Key news
Exhibit 131: Danfoss AS - Key offerings
Exhibit 132: Danfoss AS - Segment focus
12.5 Eaton Corp. Plc
Exhibit 133: Eaton Corp. Plc - Overview
Exhibit 134: Eaton Corp. Plc - Business segments
Exhibit 135: Eaton Corp. Plc - Key offerings
Exhibit 136: Eaton Corp. Plc - Segment focus
12.6 Emerson Electric Co.
Exhibit 137: Emerson Electric Co. - Overview
Exhibit 138: Emerson Electric Co. - Business segments
Exhibit 139: Emerson Electric Co. - Key news
Exhibit 140: Emerson Electric Co. - Key offerings
Exhibit 141: Emerson Electric Co. - Segment focus
12.7 Fuji Electric Co. Ltd.
Exhibit 142: Fuji Electric Co. Ltd. - Overview
Exhibit 143: Fuji Electric Co. Ltd. - Business segments
Exhibit 144: Fuji Electric Co. Ltd. - Key offerings
Exhibit 145: Fuji Electric Co. Ltd. - Segment focus
12.8 Hitachi Ltd.
Exhibit 146: Hitachi Ltd. - Overview
Exhibit 147: Hitachi Ltd. - Business segments
Exhibit 148: Hitachi Ltd. - Key news
Exhibit 149: Hitachi Ltd. - Key offerings
Exhibit 150: Hitachi Ltd. - Segment focus
12.9 Honeywell International Inc.
Exhibit 151: Honeywell International Inc. - Overview
Exhibit 152: Honeywell International Inc. - Business segments
Exhibit 153: Honeywell International Inc. - Key news
Exhibit 154: Honeywell International Inc. - Key offerings
Exhibit 155: Honeywell International Inc. - Segment focus
12.10 Mitsubishi Electric Corp.
Exhibit 156: Mitsubishi Electric Corp. - Overview
Exhibit 157: Mitsubishi Electric Corp. - Business segments
Exhibit 158: Mitsubishi Electric Corp. - Key news
Exhibit 159: Mitsubishi Electric Corp. - Key offerings
Exhibit 160: Mitsubishi Electric Corp. - Segment focus
12.11 Nidec Corp.
Exhibit 161: Nidec Corp. - Overview
Exhibit 162: Nidec Corp. - Business segments
Exhibit 163: Nidec Corp. - Key offerings
Exhibit 164: Nidec Corp. - Segment focus
12.12 Rockwell Automation Inc.
Exhibit 165: Rockwell Automation Inc. - Overview
Exhibit 166: Rockwell Automation Inc. - Business segments
Exhibit 167: Rockwell Automation Inc. - Key news
Exhibit 168: Rockwell Automation Inc. - Key offerings
Exhibit 169: Rockwell Automation Inc. - Segment focus
12.13 Schaffner Group
Exhibit 170: Schaffner Group - Overview
Exhibit 171: Schaffner Group - Business segments
Exhibit 172: Schaffner Group - Key offerings
Exhibit 173: Schaffner Group - Segment focus
12.14 Schneider Electric SE
Exhibit 174: Schneider Electric SE - Overview
Exhibit 175: Schneider Electric SE - Business segments
Exhibit 176: Schneider Electric SE - Key offerings
Exhibit 177: Schneider Electric SE - Segment focus
12.15 Siemens AG
Exhibit 178: Siemens AG - Overview
Exhibit 179: Siemens AG - Business segments
Exhibit 180: Siemens AG - Key news
Exhibit 181: Siemens AG - Key offerings
Exhibit 182: Siemens AG - Segment focus
12.16 Spoc Automation Inc.
Exhibit 183: Spoc Automation Inc. - Overview
Exhibit 184: Spoc Automation Inc. - Product / Service
Exhibit 185: Spoc Automation Inc. - Key offerings
12.17 WEG S.A
Exhibit 186: WEG S.A - Overview
Exhibit 187: WEG S.A - Business segments
Exhibit 188: WEG S.A - Key offerings
Exhibit 189: WEG S.A - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 190: Inclusions checklist
Exhibit 191: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 192: Currency conversion rates for US$
13.4 Research methodology
Exhibit 193: Research methodology
Exhibit 194: Validation techniques employed for market sizing
Exhibit 195: Information sources
13.5 List of abbreviations
Exhibit 196: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global variable frequency drive (vfd) market 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on End-user - Market share 2023-2028 (%)
Exhibits 31: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by End-user
Exhibits 33: Data Table on Comparison by End-user
Exhibits 34: Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Water and wastewater treatment - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Water and wastewater treatment - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Water and wastewater treatment - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Water and wastewater treatment - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 50: Chart on Automotive and others - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Data Table on Automotive and others - Market size and forecast 2023-2028 ($ million)
Exhibits 52: Chart on Automotive and others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on Automotive and others - Year-over-year growth 2023-2028 (%)
Exhibits 54: Market opportunity by End-user ($ million)
Exhibits 55: Data Table on Market opportunity by End-user ($ million)
Exhibits 56: Chart on Type - Market share 2023-2028 (%)
Exhibits 57: Data Table on Type - Market share 2023-2028 (%)
Exhibits 58: Chart on Comparison by Type
Exhibits 59: Data Table on Comparison by Type
Exhibits 60: Chart on Low voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Low voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Low voltage drives - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Low voltage drives - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Medium voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Medium voltage drives - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Medium voltage drives - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Medium voltage drives - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity by Type ($ million)
Exhibits 69: Data Table on Market opportunity by Type ($ million)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 112: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ million)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 117: Impact of drivers and challenges in 2023 and 2028
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: ABB Ltd. - Overview
Exhibits 124: ABB Ltd. - Business segments
Exhibits 125: ABB Ltd. - Key news
Exhibits 126: ABB Ltd. - Key offerings
Exhibits 127: ABB Ltd. - Segment focus
Exhibits 128: Danfoss AS - Overview
Exhibits 129: Danfoss AS - Business segments
Exhibits 130: Danfoss AS - Key news
Exhibits 131: Danfoss AS - Key offerings
Exhibits 132: Danfoss AS - Segment focus
Exhibits 133: Eaton Corp. Plc - Overview
Exhibits 134: Eaton Corp. Plc - Business segments
Exhibits 135: Eaton Corp. Plc - Key offerings
Exhibits 136: Eaton Corp. Plc - Segment focus
Exhibits 137: Emerson Electric Co. - Overview
Exhibits 138: Emerson Electric Co. - Business segments
Exhibits 139: Emerson Electric Co. - Key news
Exhibits 140: Emerson Electric Co. - Key offerings
Exhibits 141: Emerson Electric Co. - Segment focus
Exhibits 142: Fuji Electric Co. Ltd. - Overview
Exhibits 143: Fuji Electric Co. Ltd. - Business segments
Exhibits 144: Fuji Electric Co. Ltd. - Key offerings
Exhibits 145: Fuji Electric Co. Ltd. - Segment focus
Exhibits 146: Hitachi Ltd. - Overview
Exhibits 147: Hitachi Ltd. - Business segments
Exhibits 148: Hitachi Ltd. - Key news
Exhibits 149: Hitachi Ltd. - Key offerings
Exhibits 150: Hitachi Ltd. - Segment focus
Exhibits 151: Honeywell International Inc. - Overview
Exhibits 152: Honeywell International Inc. - Business segments
Exhibits 153: Honeywell International Inc. - Key news
Exhibits 154: Honeywell International Inc. - Key offerings
Exhibits 155: Honeywell International Inc. - Segment focus
Exhibits 156: Mitsubishi Electric Corp. - Overview
Exhibits 157: Mitsubishi Electric Corp. - Business segments
Exhibits 158: Mitsubishi Electric Corp. - Key news
Exhibits 159: Mitsubishi Electric Corp. - Key offerings
Exhibits 160: Mitsubishi Electric Corp. - Segment focus
Exhibits 161: Nidec Corp. - Overview
Exhibits 162: Nidec Corp. - Business segments
Exhibits 163: Nidec Corp. - Key offerings
Exhibits 164: Nidec Corp. - Segment focus
Exhibits 165: Rockwell Automation Inc. - Overview
Exhibits 166: Rockwell Automation Inc. - Business segments
Exhibits 167: Rockwell Automation Inc. - Key news
Exhibits 168: Rockwell Automation Inc. - Key offerings
Exhibits 169: Rockwell Automation Inc. - Segment focus
Exhibits 170: Schaffner Group - Overview
Exhibits 171: Schaffner Group - Business segments
Exhibits 172: Schaffner Group - Key offerings
Exhibits 173: Schaffner Group - Segment focus
Exhibits 174: Schneider Electric SE - Overview
Exhibits 175: Schneider Electric SE - Business segments
Exhibits 176: Schneider Electric SE - Key offerings
Exhibits 177: Schneider Electric SE - Segment focus
Exhibits 178: Siemens AG - Overview
Exhibits 179: Siemens AG - Business segments
Exhibits 180: Siemens AG - Key news
Exhibits 181: Siemens AG - Key offerings
Exhibits 182: Siemens AG - Segment focus
Exhibits 183: Spoc Automation Inc. - Overview
Exhibits 184: Spoc Automation Inc. - Product / Service
Exhibits 185: Spoc Automation Inc. - Key offerings
Exhibits 186: WEG S.A - Overview
Exhibits 187: WEG S.A - Business segments
Exhibits 188: WEG S.A - Key offerings
Exhibits 189: WEG S.A - Segment focus
Exhibits 190: Inclusions checklist
Exhibits 191: Exclusions checklist
Exhibits 192: Currency conversion rates for US$
Exhibits 193: Research methodology
Exhibits 194: Validation techniques employed for market sizing
Exhibits 195: Information sources
Exhibits 196: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global variable frequency drive (VFD) market: ABB Ltd., Danfoss AS, Eaton Corp. Plc, Emerson Electric Co., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Invertek Drives Ltd., Johnson Controls, Mitsubishi Electric Corp., Nidec Corp., Rockwell Automation Inc., Schaffner Group, Schneider Electric SE, Siemens AG, Spoc Automation Inc., Toshiba Corp., WEG S.A, and Yaskawa Electric Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in vfds."

According to the report, one of the major drivers for this market is the increasing demand from hvac and r applications.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Danfoss AS
  • Eaton Corp. Plc
  • Emerson Electric Co.
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Invertek Drives Ltd.
  • Johnson Controls
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • Rockwell Automation Inc.
  • Schaffner Group
  • Schneider Electric SE
  • Siemens AG
  • Spoc Automation Inc.
  • Toshiba Corp.
  • WEG S.A
  • Yaskawa Electric Corp.

Related Topics

Related Reports

Marine Variable Frequency Drive (VFD) - Global Strategic Business Report - Product Image

Marine Variable Frequency Drive (VFD) - Global Strategic Business Report

  • Report
  • 93 Pages
  • Global
From
Variable Frequency Drives Global Market Report 2024 - Product Image

Variable Frequency Drives Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Marine Variable Frequency Drive Market by Voltage, Category, Application, End-Use - Global Forecast 2025-2030 - Product Image

Marine Variable Frequency Drive Market by Voltage, Category, Application, End-Use - Global Forecast 2025-2030

  • Report
  • 198 Pages
  • Global
From
Variable Frequency Drive Market by Type, Voltage, Power Range, Application, End User - Global Forecast 2025-2030 - Product Image

Variable Frequency Drive Market by Type, Voltage, Power Range, Application, End User - Global Forecast 2025-2030

  • Report
  • 182 Pages
  • Global
From
Variable Frequency Drives (VFD) - Global Strategic Business Report - Product Image

Variable Frequency Drives (VFD) - Global Strategic Business Report

  • Report
  • 233 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.