The global market for HVAC Variable Frequency Drive was valued at US$ 707 million in the year 2024 and is projected to reach a revised size of US$ 953 million by 2031, growing at a CAGR of 4.4% during the forecast period.
North American market for HVAC Variable Frequency Drive is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for HVAC Variable Frequency Drive is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of HVAC Variable Frequency Drive include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for HVAC Variable Frequency Drive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC Variable Frequency Drive.
The HVAC Variable Frequency Drive market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global HVAC Variable Frequency Drive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVAC Variable Frequency Drive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane
by Type
Below 10 KW
10~100 KW
Above 100 KW
by Application
Air Handling Units
Cooling Towers
Pumps
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HVAC Variable Frequency Drive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HVAC Variable Frequency Drive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HVAC Variable Frequency Drive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 HVAC Variable Frequency Drive Market Overview
1.1 Product Definition
1.2 HVAC Variable Frequency Drive by Type
1.2.1 Global HVAC Variable Frequency Drive Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Below 10 KW
1.2.3 10~100 KW
1.2.4 Above 100 KW
1.3 HVAC Variable Frequency Drive by Application
1.3.1 Global HVAC Variable Frequency Drive Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Air Handling Units
1.3.3 Cooling Towers
1.3.4 Pumps
1.4 Global Market Growth Prospects
1.4.1 Global HVAC Variable Frequency Drive Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global HVAC Variable Frequency Drive Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global HVAC Variable Frequency Drive Production Estimates and Forecasts (2020-2031)
1.4.4 Global HVAC Variable Frequency Drive Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HVAC Variable Frequency Drive Production Market Share by Manufacturers (2020-2025)
2.2 Global HVAC Variable Frequency Drive Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of HVAC Variable Frequency Drive, Industry Ranking, 2023 VS 2024
2.4 Global HVAC Variable Frequency Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global HVAC Variable Frequency Drive Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of HVAC Variable Frequency Drive, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HVAC Variable Frequency Drive, Product Offered and Application
2.8 Global Key Manufacturers of HVAC Variable Frequency Drive, Date of Enter into This Industry
2.9 HVAC Variable Frequency Drive Market Competitive Situation and Trends
2.9.1 HVAC Variable Frequency Drive Market Concentration Rate
2.9.2 Global 5 and 10 Largest HVAC Variable Frequency Drive Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HVAC Variable Frequency Drive Production by Region
3.1 Global HVAC Variable Frequency Drive Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global HVAC Variable Frequency Drive Production Value by Region (2020-2031)
3.2.1 Global HVAC Variable Frequency Drive Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of HVAC Variable Frequency Drive by Region (2026-2031)
3.3 Global HVAC Variable Frequency Drive Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global HVAC Variable Frequency Drive Production Volume by Region (2020-2031)
3.4.1 Global HVAC Variable Frequency Drive Production by Region (2020-2025)
3.4.2 Global Forecasted Production of HVAC Variable Frequency Drive by Region (2026-2031)
3.5 Global HVAC Variable Frequency Drive Market Price Analysis by Region (2020-2025)
3.6 Global HVAC Variable Frequency Drive Production and Value, Year-over-Year Growth
3.6.1 North America HVAC Variable Frequency Drive Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe HVAC Variable Frequency Drive Production Value Estimates and Forecasts (2020-2031)
3.6.3 China HVAC Variable Frequency Drive Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan HVAC Variable Frequency Drive Production Value Estimates and Forecasts (2020-2031)
4 HVAC Variable Frequency Drive Consumption by Region
4.1 Global HVAC Variable Frequency Drive Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global HVAC Variable Frequency Drive Consumption by Region (2020-2031)
4.2.1 Global HVAC Variable Frequency Drive Consumption by Region (2020-2025)
4.2.2 Global HVAC Variable Frequency Drive Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America HVAC Variable Frequency Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America HVAC Variable Frequency Drive Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HVAC Variable Frequency Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe HVAC Variable Frequency Drive Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific HVAC Variable Frequency Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific HVAC Variable Frequency Drive Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HVAC Variable Frequency Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa HVAC Variable Frequency Drive Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global HVAC Variable Frequency Drive Production by Type (2020-2031)
5.1.1 Global HVAC Variable Frequency Drive Production by Type (2020-2025)
5.1.2 Global HVAC Variable Frequency Drive Production by Type (2026-2031)
5.1.3 Global HVAC Variable Frequency Drive Production Market Share by Type (2020-2031)
5.2 Global HVAC Variable Frequency Drive Production Value by Type (2020-2031)
5.2.1 Global HVAC Variable Frequency Drive Production Value by Type (2020-2025)
5.2.2 Global HVAC Variable Frequency Drive Production Value by Type (2026-2031)
5.2.3 Global HVAC Variable Frequency Drive Production Value Market Share by Type (2020-2031)
5.3 Global HVAC Variable Frequency Drive Price by Type (2020-2031)
6 Segment by Application
6.1 Global HVAC Variable Frequency Drive Production by Application (2020-2031)
6.1.1 Global HVAC Variable Frequency Drive Production by Application (2020-2025)
6.1.2 Global HVAC Variable Frequency Drive Production by Application (2026-2031)
6.1.3 Global HVAC Variable Frequency Drive Production Market Share by Application (2020-2031)
6.2 Global HVAC Variable Frequency Drive Production Value by Application (2020-2031)
6.2.1 Global HVAC Variable Frequency Drive Production Value by Application (2020-2025)
6.2.2 Global HVAC Variable Frequency Drive Production Value by Application (2026-2031)
6.2.3 Global HVAC Variable Frequency Drive Production Value Market Share by Application (2020-2031)
6.3 Global HVAC Variable Frequency Drive Price by Application (2020-2031)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB HVAC Variable Frequency Drive Company Information
7.1.2 ABB HVAC Variable Frequency Drive Product Portfolio
7.1.3 ABB HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens HVAC Variable Frequency Drive Company Information
7.2.2 Siemens HVAC Variable Frequency Drive Product Portfolio
7.2.3 Siemens HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Danfoss
7.3.1 Danfoss HVAC Variable Frequency Drive Company Information
7.3.2 Danfoss HVAC Variable Frequency Drive Product Portfolio
7.3.3 Danfoss HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Danfoss Main Business and Markets Served
7.3.5 Danfoss Recent Developments/Updates
7.4 Schneider Electric
7.4.1 Schneider Electric HVAC Variable Frequency Drive Company Information
7.4.2 Schneider Electric HVAC Variable Frequency Drive Product Portfolio
7.4.3 Schneider Electric HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Schneider Electric Main Business and Markets Served
7.4.5 Schneider Electric Recent Developments/Updates
7.5 Nidec
7.5.1 Nidec HVAC Variable Frequency Drive Company Information
7.5.2 Nidec HVAC Variable Frequency Drive Product Portfolio
7.5.3 Nidec HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Nidec Main Business and Markets Served
7.5.5 Nidec Recent Developments/Updates
7.6 Mitsubishi Electric
7.6.1 Mitsubishi Electric HVAC Variable Frequency Drive Company Information
7.6.2 Mitsubishi Electric HVAC Variable Frequency Drive Product Portfolio
7.6.3 Mitsubishi Electric HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Electric Main Business and Markets Served
7.6.5 Mitsubishi Electric Recent Developments/Updates
7.7 Fuji Electric
7.7.1 Fuji Electric HVAC Variable Frequency Drive Company Information
7.7.2 Fuji Electric HVAC Variable Frequency Drive Product Portfolio
7.7.3 Fuji Electric HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Fuji Electric Main Business and Markets Served
7.7.5 Fuji Electric Recent Developments/Updates
7.8 Hitachi
7.8.1 Hitachi HVAC Variable Frequency Drive Company Information
7.8.2 Hitachi HVAC Variable Frequency Drive Product Portfolio
7.8.3 Hitachi HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Hitachi Main Business and Markets Served
7.8.5 Hitachi Recent Developments/Updates
7.9 Yaskawa
7.9.1 Yaskawa HVAC Variable Frequency Drive Company Information
7.9.2 Yaskawa HVAC Variable Frequency Drive Product Portfolio
7.9.3 Yaskawa HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Yaskawa Main Business and Markets Served
7.9.5 Yaskawa Recent Developments/Updates
7.10 Toshiba
7.10.1 Toshiba HVAC Variable Frequency Drive Company Information
7.10.2 Toshiba HVAC Variable Frequency Drive Product Portfolio
7.10.3 Toshiba HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Toshiba Main Business and Markets Served
7.10.5 Toshiba Recent Developments/Updates
7.11 WEG SA
7.11.1 WEG SA HVAC Variable Frequency Drive Company Information
7.11.2 WEG SA HVAC Variable Frequency Drive Product Portfolio
7.11.3 WEG SA HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.11.4 WEG SA Main Business and Markets Served
7.11.5 WEG SA Recent Developments/Updates
7.12 Eaton
7.12.1 Eaton HVAC Variable Frequency Drive Company Information
7.12.2 Eaton HVAC Variable Frequency Drive Product Portfolio
7.12.3 Eaton HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Eaton Main Business and Markets Served
7.12.5 Eaton Recent Developments/Updates
7.13 Johnson Controls
7.13.1 Johnson Controls HVAC Variable Frequency Drive Company Information
7.13.2 Johnson Controls HVAC Variable Frequency Drive Product Portfolio
7.13.3 Johnson Controls HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Johnson Controls Main Business and Markets Served
7.13.5 Johnson Controls Recent Developments/Updates
7.14 Daikin
7.14.1 Daikin HVAC Variable Frequency Drive Company Information
7.14.2 Daikin HVAC Variable Frequency Drive Product Portfolio
7.14.3 Daikin HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Daikin Main Business and Markets Served
7.14.5 Daikin Recent Developments/Updates
7.15 Trane
7.15.1 Trane HVAC Variable Frequency Drive Company Information
7.15.2 Trane HVAC Variable Frequency Drive Product Portfolio
7.15.3 Trane HVAC Variable Frequency Drive Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Trane Main Business and Markets Served
7.15.5 Trane Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HVAC Variable Frequency Drive Industry Chain Analysis
8.2 HVAC Variable Frequency Drive Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HVAC Variable Frequency Drive Production Mode & Process Analysis
8.4 HVAC Variable Frequency Drive Sales and Marketing
8.4.1 HVAC Variable Frequency Drive Sales Channels
8.4.2 HVAC Variable Frequency Drive Distributors
8.5 HVAC Variable Frequency Drive Customer Analysis
9 HVAC Variable Frequency Drive Market Dynamics
9.1 HVAC Variable Frequency Drive Industry Trends
9.2 HVAC Variable Frequency Drive Market Drivers
9.3 HVAC Variable Frequency Drive Market Challenges
9.4 HVAC Variable Frequency Drive Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane
听
听
*If Applicable.