

Variable speed drive is a device that regulates the speed and rotational force of electric motor by changing the frequency of the power being fed to the motor.
The global Variable Speed Drive market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Variable Speed Drive is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Variable Speed Drive is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The Europe market for Variable Speed Drive is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The global key manufacturers of Variable Speed Drive include ABB, Siemens, Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, WEG Electric Corp., WEG, Schneider and Emerson, etc. In 2023, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Variable Speed Drive production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Variable Speed Drive by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Variable Speed Drive, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Variable Speed Drive, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Variable Speed Drive, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Variable Speed Drive sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Variable Speed Drive market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Variable Speed Drive sales, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB
Siemens
Rockwell Automation, Inc.
Yaskawa Electric Corporation
General Electric
WEG Electric Corp.
WEG
Schneider
Emerson
Danfoss
Shenzhen Veikong Electric
Segment by Type
AC Drive
DC Drive
Servo Drive
Segment by Application
Mining & Minerals
Waste & Wastewater
Food & Beverage
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Variable Speed Drive production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Variable Speed Drive in global, 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 of each country in the world.
Chapter 4: Detailed analysis of Variable Speed Drive manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Variable Speed Drive sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Study Coverage
1.1 Variable Speed Drive Product Introduction
1.2 Market by Type
1.2.1 Global Variable Speed Drive Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 AC Drive
1.2.3 DC Drive
1.2.4 Servo Drive
1.3 Market by Application
1.3.1 Global Variable Speed Drive Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Mining & Minerals
1.3.3 Waste & Wastewater
1.3.4 Food & Beverage
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Variable Speed Drive Production
2.1 Global Variable Speed Drive Production Capacity (2019-2030)
2.2 Global Variable Speed Drive Production by Region: 2019 VS 2023 VS 2030
2.3 Global Variable Speed Drive Production by Region
2.3.1 Global Variable Speed Drive Historic Production by Region (2019-2024)
2.3.2 Global Variable Speed Drive Forecasted Production by Region (2025-2030)
2.3.3 Global Variable Speed Drive Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Variable Speed Drive Revenue Estimates and Forecasts 2019-2030
3.2 Global Variable Speed Drive Revenue by Region
3.2.1 Global Variable Speed Drive Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Variable Speed Drive Revenue by Region (2019-2024)
3.2.3 Global Variable Speed Drive Revenue by Region (2025-2030)
3.2.4 Global Variable Speed Drive Revenue Market Share by Region (2019-2030)
3.3 Global Variable Speed Drive Sales Estimates and Forecasts 2019-2030
3.4 Global Variable Speed Drive Sales by Region
3.4.1 Global Variable Speed Drive Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Variable Speed Drive Sales by Region (2019-2024)
3.4.3 Global Variable Speed Drive Sales by Region (2025-2030)
3.4.4 Global Variable Speed Drive Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Variable Speed Drive Sales by Manufacturers
4.1.1 Global Variable Speed Drive Sales by Manufacturers (2019-2024)
4.1.2 Global Variable Speed Drive Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Variable Speed Drive in 2023
4.2 Global Variable Speed Drive Revenue by Manufacturers
4.2.1 Global Variable Speed Drive Revenue by Manufacturers (2019-2024)
4.2.2 Global Variable Speed Drive Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Variable Speed Drive Revenue in 2023
4.3 Global Variable Speed Drive Sales Price by Manufacturers
4.4 Global Key Players of Variable Speed Drive, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Variable Speed Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Variable Speed Drive, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Variable Speed Drive, Product Offered and Application
4.8 Global Key Manufacturers of Variable Speed Drive, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Variable Speed Drive Sales by Type
5.1.1 Global Variable Speed Drive Historical Sales by Type (2019-2024)
5.1.2 Global Variable Speed Drive Forecasted Sales by Type (2025-2030)
5.1.3 Global Variable Speed Drive Sales Market Share by Type (2019-2030)
5.2 Global Variable Speed Drive Revenue by Type
5.2.1 Global Variable Speed Drive Historical Revenue by Type (2019-2024)
5.2.2 Global Variable Speed Drive Forecasted Revenue by Type (2025-2030)
5.2.3 Global Variable Speed Drive Revenue Market Share by Type (2019-2030)
5.3 Global Variable Speed Drive Price by Type
5.3.1 Global Variable Speed Drive Price by Type (2019-2024)
5.3.2 Global Variable Speed Drive Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Variable Speed Drive Sales by Application
6.1.1 Global Variable Speed Drive Historical Sales by Application (2019-2024)
6.1.2 Global Variable Speed Drive Forecasted Sales by Application (2025-2030)
6.1.3 Global Variable Speed Drive Sales Market Share by Application (2019-2030)
6.2 Global Variable Speed Drive Revenue by Application
6.2.1 Global Variable Speed Drive Historical Revenue by Application (2019-2024)
6.2.2 Global Variable Speed Drive Forecasted Revenue by Application (2025-2030)
6.2.3 Global Variable Speed Drive Revenue Market Share by Application (2019-2030)
6.3 Global Variable Speed Drive Price by Application
6.3.1 Global Variable Speed Drive Price by Application (2019-2024)
6.3.2 Global Variable Speed Drive Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Variable Speed Drive Market Size by Type
7.1.1 US & Canada Variable Speed Drive Sales by Type (2019-2030)
7.1.2 US & Canada Variable Speed Drive Revenue by Type (2019-2030)
7.2 US & Canada Variable Speed Drive Market Size by Application
7.2.1 US & Canada Variable Speed Drive Sales by Application (2019-2030)
7.2.2 US & Canada Variable Speed Drive Revenue by Application (2019-2030)
7.3 US & Canada Variable Speed Drive Sales by Country
7.3.1 US & Canada Variable Speed Drive Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Variable Speed Drive Sales by Country (2019-2030)
7.3.3 US & Canada Variable Speed Drive Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Variable Speed Drive Market Size by Type
8.1.1 Europe Variable Speed Drive Sales by Type (2019-2030)
8.1.2 Europe Variable Speed Drive Revenue by Type (2019-2030)
8.2 Europe Variable Speed Drive Market Size by Application
8.2.1 Europe Variable Speed Drive Sales by Application (2019-2030)
8.2.2 Europe Variable Speed Drive Revenue by Application (2019-2030)
8.3 Europe Variable Speed Drive Sales by Country
8.3.1 Europe Variable Speed Drive Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Variable Speed Drive Sales by Country (2019-2030)
8.3.3 Europe Variable Speed Drive Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Variable Speed Drive Market Size by Type
9.1.1 China Variable Speed Drive Sales by Type (2019-2030)
9.1.2 China Variable Speed Drive Revenue by Type (2019-2030)
9.2 China Variable Speed Drive Market Size by Application
9.2.1 China Variable Speed Drive Sales by Application (2019-2030)
9.2.2 China Variable Speed Drive Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Variable Speed Drive Market Size by Type
10.1.1 Asia Variable Speed Drive Sales by Type (2019-2030)
10.1.2 Asia Variable Speed Drive Revenue by Type (2019-2030)
10.2 Asia Variable Speed Drive Market Size by Application
10.2.1 Asia Variable Speed Drive Sales by Application (2019-2030)
10.2.2 Asia Variable Speed Drive Revenue by Application (2019-2030)
10.3 Asia Variable Speed Drive Sales by Region
10.3.1 Asia Variable Speed Drive Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Variable Speed Drive Revenue by Region (2019-2030)
10.3.3 Asia Variable Speed Drive Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Variable Speed Drive Market Size by Type
11.1.1 Middle East, Africa and Latin America Variable Speed Drive Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Variable Speed Drive Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Variable Speed Drive Market Size by Application
11.2.1 Middle East, Africa and Latin America Variable Speed Drive Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Variable Speed Drive Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Variable Speed Drive Sales by Country
11.3.1 Middle East, Africa and Latin America Variable Speed Drive Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Variable Speed Drive Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Variable Speed Drive Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 ABB
12.1.1 ABB Company Information
12.1.2 ABB Overview
12.1.3 ABB Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 ABB Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 ABB Recent Developments
12.2 Siemens
12.2.1 Siemens Company Information
12.2.2 Siemens Overview
12.2.3 Siemens Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Siemens Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Siemens Recent Developments
12.3 Rockwell Automation, Inc.
12.3.1 Rockwell Automation, Inc. Company Information
12.3.2 Rockwell Automation, Inc. Overview
12.3.3 Rockwell Automation, Inc. Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Rockwell Automation, Inc. Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Rockwell Automation, Inc. Recent Developments
12.4 Yaskawa Electric Corporation
12.4.1 Yaskawa Electric Corporation Company Information
12.4.2 Yaskawa Electric Corporation Overview
12.4.3 Yaskawa Electric Corporation Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Yaskawa Electric Corporation Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Yaskawa Electric Corporation Recent Developments
12.5 General Electric
12.5.1 General Electric Company Information
12.5.2 General Electric Overview
12.5.3 General Electric Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 General Electric Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 General Electric Recent Developments
12.6 WEG Electric Corp.
12.6.1 WEG Electric Corp. Company Information
12.6.2 WEG Electric Corp. Overview
12.6.3 WEG Electric Corp. Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 WEG Electric Corp. Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 WEG Electric Corp. Recent Developments
12.7 WEG
12.7.1 WEG Company Information
12.7.2 WEG Overview
12.7.3 WEG Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 WEG Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 WEG Recent Developments
12.8 Schneider
12.8.1 Schneider Company Information
12.8.2 Schneider Overview
12.8.3 Schneider Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Schneider Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Schneider Recent Developments
12.9 Emerson
12.9.1 Emerson Company Information
12.9.2 Emerson Overview
12.9.3 Emerson Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Emerson Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Emerson Recent Developments
12.10 Danfoss
12.10.1 Danfoss Company Information
12.10.2 Danfoss Overview
12.10.3 Danfoss Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Danfoss Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Danfoss Recent Developments
12.11 Shenzhen Veikong Electric
12.11.1 Shenzhen Veikong Electric Company Information
12.11.2 Shenzhen Veikong Electric Overview
12.11.3 Shenzhen Veikong Electric Variable Speed Drive Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Shenzhen Veikong Electric Variable Speed Drive Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Shenzhen Veikong Electric Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Variable Speed Drive Industry Chain Analysis
13.2 Variable Speed Drive Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Variable Speed Drive Production Mode & Process
13.4 Variable Speed Drive Sales and Marketing
13.4.1 Variable Speed Drive Sales Channels
13.4.2 Variable Speed Drive Distributors
13.5 Variable Speed Drive Customers
14 Variable Speed Drive Market Dynamics
14.1 Variable Speed Drive Industry Trends
14.2 Variable Speed Drive Market Drivers
14.3 Variable Speed Drive Market Challenges
14.4 Variable Speed Drive Market Restraints
15 Key Finding in The Global Variable Speed Drive Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
ABB
Siemens
Rockwell Automation, Inc.
Yaskawa Electric Corporation
General Electric
WEG Electric Corp.
WEG
Schneider
Emerson
Danfoss
Shenzhen Veikong Electric
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*If Applicable.