Global Variable Frequency Drive Market Growth 2024-2030

Publication ID:

LPI03241477

Publication Date:

March 4, 2024

Pages:

116

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Variable Frequency Drive market size was valued at US$ 14640 million in 2023. With growing demand in downstream market, the Variable Frequency Drive is forecast to a readjusted size of US$ 18020 million by 2030 with a CAGR of 3.0% during review period.
The research report highlights the growth potential of the global Variable Frequency Drive market. Variable Frequency Drive are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Variable Frequency Drive. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Variable Frequency Drive market.
Variable frequency Drive (VFD) is an electric power control device which controls AC motor by changing the working power frequency of the motor by using frequency conversion technology and microelectronic technology. The frequency converter is mainly composed of rectifier (AC to DC), filter, inverter (DC to AC), brake unit, drive unit, detection unit, micro-processing unit, etc.
The major players in global Variable frequency Drive (VFD) market include ABB, SIEMENS, Schneider, etc. The top 3 players occupy over 35% shares of the global market. Middle and Low Voltage Frequency Converter is the main type, with a share about 70%. Electric Power is the main application, which holds a share about 30%.
Key Features:
The report on Variable Frequency Drive market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Variable Frequency Drive market. It may include historical data, market segmentation by Type (e.g., AC Drives, DC Drives), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Variable Frequency Drive market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Variable Frequency Drive market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Variable Frequency Drive industry. This include advancements in Variable Frequency Drive technology, Variable Frequency Drive new entrants, Variable Frequency Drive new investment, and other innovations that are shaping the future of Variable Frequency Drive.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Variable Frequency Drive market. It includes factors influencing customer ' purchasing decisions, preferences for Variable Frequency Drive product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Variable Frequency Drive market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Variable Frequency Drive market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Variable Frequency Drive market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Variable Frequency Drive industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Variable Frequency Drive market.
Market Segmentation:
Variable Frequency Drive market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
AC Drives
DC Drives
Servo Drives
Segmentation by application
Oil & Gas
Industrial
Infrastructure
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Schneider Electric
Danfoss
Rockwell Automation
Crompton Greaves
Eaton
Fuji Electric
Hitachi
Nidec
Tmeic
Weg
Yaskawa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Variable Frequency Drive market?
What factors are driving Variable Frequency Drive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Variable Frequency Drive market opportunities vary by end market size?
How does Variable Frequency Drive break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Variable Frequency Drive Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Variable Frequency Drive by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Variable Frequency Drive by Country/Region, 2019, 2023 & 2030
2.2 Variable Frequency Drive Segment by Type
2.2.1 AC Drives
2.2.2 DC Drives
2.2.3 Servo Drives
2.3 Variable Frequency Drive Sales by Type
2.3.1 Global Variable Frequency Drive Sales Market Share by Type (2019-2024)
2.3.2 Global Variable Frequency Drive Revenue and Market Share by Type (2019-2024)
2.3.3 Global Variable Frequency Drive Sale Price by Type (2019-2024)
2.4 Variable Frequency Drive Segment by Application
2.4.1 Oil & Gas
2.4.2 Industrial
2.4.3 Infrastructure
2.4.4 Power Generation
2.4.5 Others
2.5 Variable Frequency Drive Sales by Application
2.5.1 Global Variable Frequency Drive Sale Market Share by Application (2019-2024)
2.5.2 Global Variable Frequency Drive Revenue and Market Share by Application (2019-2024)
2.5.3 Global Variable Frequency Drive Sale Price by Application (2019-2024)
3 Global Variable Frequency Drive by Company
3.1 Global Variable Frequency Drive Breakdown Data by Company
3.1.1 Global Variable Frequency Drive Annual Sales by Company (2019-2024)
3.1.2 Global Variable Frequency Drive Sales Market Share by Company (2019-2024)
3.2 Global Variable Frequency Drive Annual Revenue by Company (2019-2024)
3.2.1 Global Variable Frequency Drive Revenue by Company (2019-2024)
3.2.2 Global Variable Frequency Drive Revenue Market Share by Company (2019-2024)
3.3 Global Variable Frequency Drive Sale Price by Company
3.4 Key Manufacturers Variable Frequency Drive Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Variable Frequency Drive Product Location Distribution
3.4.2 Players Variable Frequency Drive Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Variable Frequency Drive by Geographic Region
4.1 World Historic Variable Frequency Drive Market Size by Geographic Region (2019-2024)
4.1.1 Global Variable Frequency Drive Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Variable Frequency Drive Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Variable Frequency Drive Market Size by Country/Region (2019-2024)
4.2.1 Global Variable Frequency Drive Annual Sales by Country/Region (2019-2024)
4.2.2 Global Variable Frequency Drive Annual Revenue by Country/Region (2019-2024)
4.3 Americas Variable Frequency Drive Sales Growth
4.4 APAC Variable Frequency Drive Sales Growth
4.5 Europe Variable Frequency Drive Sales Growth
4.6 Middle East & Africa Variable Frequency Drive Sales Growth
5 Americas
5.1 Americas Variable Frequency Drive Sales by Country
5.1.1 Americas Variable Frequency Drive Sales by Country (2019-2024)
5.1.2 Americas Variable Frequency Drive Revenue by Country (2019-2024)
5.2 Americas Variable Frequency Drive Sales by Type
5.3 Americas Variable Frequency Drive Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Variable Frequency Drive Sales by Region
6.1.1 APAC Variable Frequency Drive Sales by Region (2019-2024)
6.1.2 APAC Variable Frequency Drive Revenue by Region (2019-2024)
6.2 APAC Variable Frequency Drive Sales by Type
6.3 APAC Variable Frequency Drive Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Variable Frequency Drive by Country
7.1.1 Europe Variable Frequency Drive Sales by Country (2019-2024)
7.1.2 Europe Variable Frequency Drive Revenue by Country (2019-2024)
7.2 Europe Variable Frequency Drive Sales by Type
7.3 Europe Variable Frequency Drive Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Variable Frequency Drive by Country
8.1.1 Middle East & Africa Variable Frequency Drive Sales by Country (2019-2024)
8.1.2 Middle East & Africa Variable Frequency Drive Revenue by Country (2019-2024)
8.2 Middle East & Africa Variable Frequency Drive Sales by Type
8.3 Middle East & Africa Variable Frequency Drive Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Variable Frequency Drive
10.3 Manufacturing Process Analysis of Variable Frequency Drive
10.4 Industry Chain Structure of Variable Frequency Drive
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Variable Frequency Drive Distributors
11.3 Variable Frequency Drive Customer
12 World Forecast Review for Variable Frequency Drive by Geographic Region
12.1 Global Variable Frequency Drive Market Size Forecast by Region
12.1.1 Global Variable Frequency Drive Forecast by Region (2025-2030)
12.1.2 Global Variable Frequency Drive Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Variable Frequency Drive Forecast by Type
12.7 Global Variable Frequency Drive Forecast by Application
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Variable Frequency Drive Product Portfolios and Specifications
13.1.3 ABB Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 Siemens
13.2.1 Siemens Company Information
13.2.2 Siemens Variable Frequency Drive Product Portfolios and Specifications
13.2.3 Siemens Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Siemens Main Business Overview
13.2.5 Siemens Latest Developments
13.3 Schneider Electric
13.3.1 Schneider Electric Company Information
13.3.2 Schneider Electric Variable Frequency Drive Product Portfolios and Specifications
13.3.3 Schneider Electric Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Schneider Electric Main Business Overview
13.3.5 Schneider Electric Latest Developments
13.4 Danfoss
13.4.1 Danfoss Company Information
13.4.2 Danfoss Variable Frequency Drive Product Portfolios and Specifications
13.4.3 Danfoss Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Danfoss Main Business Overview
13.4.5 Danfoss Latest Developments
13.5 Rockwell Automation
13.5.1 Rockwell Automation Company Information
13.5.2 Rockwell Automation Variable Frequency Drive Product Portfolios and Specifications
13.5.3 Rockwell Automation Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Rockwell Automation Main Business Overview
13.5.5 Rockwell Automation Latest Developments
13.6 Crompton Greaves
13.6.1 Crompton Greaves Company Information
13.6.2 Crompton Greaves Variable Frequency Drive Product Portfolios and Specifications
13.6.3 Crompton Greaves Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Crompton Greaves Main Business Overview
13.6.5 Crompton Greaves Latest Developments
13.7 Eaton
13.7.1 Eaton Company Information
13.7.2 Eaton Variable Frequency Drive Product Portfolios and Specifications
13.7.3 Eaton Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Eaton Main Business Overview
13.7.5 Eaton Latest Developments
13.8 Fuji Electric
13.8.1 Fuji Electric Company Information
13.8.2 Fuji Electric Variable Frequency Drive Product Portfolios and Specifications
13.8.3 Fuji Electric Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Fuji Electric Main Business Overview
13.8.5 Fuji Electric Latest Developments
13.9 Hitachi
13.9.1 Hitachi Company Information
13.9.2 Hitachi Variable Frequency Drive Product Portfolios and Specifications
13.9.3 Hitachi Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hitachi Main Business Overview
13.9.5 Hitachi Latest Developments
13.10 Nidec
13.10.1 Nidec Company Information
13.10.2 Nidec Variable Frequency Drive Product Portfolios and Specifications
13.10.3 Nidec Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Nidec Main Business Overview
13.10.5 Nidec Latest Developments
13.11 Tmeic
13.11.1 Tmeic Company Information
13.11.2 Tmeic Variable Frequency Drive Product Portfolios and Specifications
13.11.3 Tmeic Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Tmeic Main Business Overview
13.11.5 Tmeic Latest Developments
13.12 Weg
13.12.1 Weg Company Information
13.12.2 Weg Variable Frequency Drive Product Portfolios and Specifications
13.12.3 Weg Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Weg Main Business Overview
13.12.5 Weg Latest Developments
13.13 Yaskawa
13.13.1 Yaskawa Company Information
13.13.2 Yaskawa Variable Frequency Drive Product Portfolios and Specifications
13.13.3 Yaskawa Variable Frequency Drive Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Yaskawa Main Business Overview
13.13.5 Yaskawa Latest Developments
14 Research Findings and Conclusion

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂