Variable Frequency Drive Market Size to touch USD 29 Billion by 2027
The report analyzes and forecasts the Variable Frequency Drive Market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2022 to 2030. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Variable Frequency Drive Market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the Variable Frequency Drive Market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of Variable Frequency Drive Market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Market Players as below:
Participants include major global players such ABB, Eaton, Schneider Electric, Fuji Electric, American Electric Technologies, Rockwell Automation, Inc., Crompton Greaves, Amtech Electronics, Danfoss, Emerson, Hiconics Drive Technology, Honeywell and Others.
The major market segments of Variable Frequency Drive Market are as below:
Variable Frequency Drive Market By Power Range
- High
- Medium
- Low
- Micro
Variable Frequency Drive Market By Voltage
- Medium
- Low
Variable Frequency Drive Market By Drive
- Servo
- AC
- DC
Variable Frequency Drive Market By Technology
- Regenerative
- Standard
Variable Frequency Drive Market By Application
- Industrial
- Automotive
- Oil & Gas
- Power Generation
- Infrastructure
- Food & Beverages
- Others
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Table Of Contents:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Variable Frequency Drive
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Variable Frequency Drive Market By Power Range
1.2.2.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison By Power Range (2016-2027)
1.2.2.2. Global Variable Frequency Drive Market Revenue Share By Power Range in 2019
1.2.2.3. High
1.2.2.4. Medium
1.2.2.5. Low
1.2.2.6. Micro
1.2.3. Variable Frequency Drive Market By Voltage
1.2.3.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison By Voltage (2016-2027)
1.2.3.2. Global Variable Frequency Drive Market Revenue Share By Voltage in 2019
1.2.3.3. Medium
1.2.3.4. Low
1.2.4. Variable Frequency Drive Market By Drive
1.2.4.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison By Drive (2016-2027)
1.2.4.2. Global Variable Frequency Drive Market Revenue Share By Drive in 2019
1.2.4.3. Servo
1.2.4.4. AC
1.2.4.5. DC
1.2.5. Variable Frequency Drive Market By Technology
1.2.5.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison By Technology (2016-2027)
1.2.5.2. Global Variable Frequency Drive Market Revenue Share By Technology in 2019
1.2.5.3. Regenerative
1.2.5.4. Standard
1.2.6. Variable Frequency Drive Market By Application
1.2.6.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison By Application (2016-2027)
1.2.6.2. Global Variable Frequency Drive Market Revenue Share By Application in 2019
1.2.6.3. Industrial
1.2.6.4. Automotive
1.2.6.5. Oil & Gas
1.2.6.6. Power Generation
1.2.6.7. Infrastructure
1.2.6.8. Food & Beverages
1.2.6.9. Others
1.2.7. Variable Frequency Drive Market By Geography
1.2.7.1. Global Variable Frequency Drive Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.7.2. North America Variable Frequency Drive Market Revenue and Growth Rate(2016-2027)
1.2.7.3. Europe Variable Frequency Drive Market Revenue and Growth Rate(2016-2027)
1.2.7.4. Asia-Pacific Variable Frequency Drive Market Revenue and Growth Rate(2016-2027)
1.2.7.5. Latin America Variable Frequency Drive Market Revenue and Growth Rate(2016-2027)
1.2.7.6. Middle East and Africa (MEA)Variable Frequency Drive Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Variable Frequency Drive Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Variable Frequency Drive Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Variable Frequency Drive Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Variable Frequency Drive Major Manufacturers in 2019
CHAPTER 4. VARIABLE FREQUENCY DRIVE MARKET By Power Range
4.1. Global Variable Frequency Drive Revenue By Power Range
4.2. High
4.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
4.3. Medium
4.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
4.4. Low
4.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
4.5. Micro
4.5.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
CHAPTER 5. VARIABLE FREQUENCY DRIVE MARKET BY VOLTAGE
5.1. Global Variable Frequency Drive Revenue By Voltage
5.2. Medium
5.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
5.3. Low
5.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
CHAPTER 6. VARIABLE FREQUENCY DRIVE MARKET BY DRIVE
6.1. Global Variable Frequency Drive Revenue By Drive
6.2. Servo
6.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
6.3. AC
6.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
6.4. DC
6.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
CHAPTER 7. VARIABLE FREQUENCY DRIVE MARKET BY TECHNOLOGY
7.1. Global Variable Frequency Drive Revenue By Technology
7.2. Regenerative
7.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
7.3. Standard
7.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
CHAPTER 8. VARIABLE FREQUENCY DRIVE MARKET BY APPLICATION
8.1. Global Variable Frequency Drive Revenue By Application
8.2. Industrial
8.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.3. Automotive
8.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.4. Oil & Gas
8.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.5. Power Generation
8.5.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.5.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.6. Infrastructure
8.6.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.6.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.7. Food & Beverages
8.7.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.7.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.8. Others
8.8.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.8.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
CHAPTER 9. NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET BY COUNTRY
9.1. North America Variable Frequency Drive Market Revenue and Growth Rate, 2016 – 2027 ($Million)
9.2. North America Variable Frequency Drive Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. U.S.
9.3.1. U.S. Variable Frequency Drive Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
9.3.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
9.3.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
9.3.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
9.3.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
9.4. Canada
9.4.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
9.4.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
9.4.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
9.4.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
9.4.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
CHAPTER 10. EUROPEVARIABLE FREQUENCY DRIVE MARKET BY COUNTRY
10.1. Europe Variable Frequency Drive Market Revenue and Growth Rate, 2016 – 2027 ($Million)
10.2. Europe Variable Frequency Drive Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. UK
10.3.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
10.3.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
10.3.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
10.3.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
10.3.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
10.4. Germany
10.4.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
10.4.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
10.4.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
10.4.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
10.4.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
10.5. France
10.5.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
10.5.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
10.5.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
10.5.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
10.5.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
10.6. Spain
10.6.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
10.6.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
10.6.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
10.6.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
10.6.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
10.7. Rest of Europe
10.7.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
10.7.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
10.7.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
10.7.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
10.7.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
CHAPTER 11. ASIA-PACIFIC VARIABLE FREQUENCY DRIVE MARKET BY COUNTRY
11.1. Asia-Pacific Variable Frequency Drive Market Revenue and Growth Rate, 2016 – 2027 ($Million)
11.2. Asia-Pacific Variable Frequency Drive Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. China
11.3.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.3.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.3.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.3.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.3.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
11.4. Japan
11.4.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.4.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.4.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.4.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.4.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
11.5. India
11.5.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.5.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.5.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.5.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.5.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
11.6. Australia
11.6.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.6.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.6.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.6.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.6.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
11.7. South Korea
11.7.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.7.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.7.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.7.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.7.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
11.8. Rest of Asia-Pacific
11.8.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
11.8.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
11.8.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
11.8.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
11.8.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
CHAPTER 12. LATIN AMERICAVARIABLE FREQUENCY DRIVE MARKET BY COUNTRY
12.1. Latin America Variable Frequency Drive Market Revenue and Growth Rate, 2016 – 2027 ($Million)
12.2. Latin America Variable Frequency Drive Market Revenue Share Comparison, 2016 & 2027 (%)
12.3. Brazil
12.3.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
12.3.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
12.3.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
12.3.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
12.3.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
12.4. Mexico
12.4.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
12.4.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
12.4.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
12.4.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
12.4.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
12.5. Rest of Latin America
12.5.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
12.5.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
12.5.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
12.5.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
12.5.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
CHAPTER 13. MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET BY COUNTRY
13.1. Middle East & Africa Variable Frequency Drive Market Revenue and Growth Rate, 2016 – 2027 ($Million)
13.2. Middle East & Africa Variable Frequency Drive Market Revenue Share Comparison, 2016 & 2027 (%)
13.3. GCC
13.3.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
13.3.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
13.3.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
13.3.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
13.3.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
13.4. South Africa
13.4.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
13.4.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
13.4.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
13.4.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
13.4.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
13.5. Rest of Middle East & Africa
13.5.1. Market Revenue and Forecast By Power Range, 2016 – 2027 ($Million)
13.5.2. Market Revenue and Forecast By Voltage, 2016 – 2027 ($Million)
13.5.3. Market Revenue and Forecast By Drive, 2016 – 2027 ($Million)
13.5.4. Market Revenue and Forecast By Technology, 2016 – 2027 ($Million)
13.5.5. Market Revenue and Forecast By Application, 2016 – 2027 ($Million)
CHAPTER 14. COMPANY PROFILE
14.1. ABB
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Eaton
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Schneider Electric
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. Fuji Electric
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. American Electric Technologies
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. Rockwell Automation, Inc.
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Crompton Greaves
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Amtech Electronics
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Key Developments
14.8.6. Strategies
14.9. Danfoss
14.9.1. Company Snapshot
14.9.2. Overview
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. Key Developments
14.9.6. Strategies
14.10. Emerson
14.10.1. Company Snapshot
14.10.2. Overview
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. Key Developments
14.10.6. Strategies
14.11. Others
14.11.1. Company Snapshot
14.11.2. Overview
14.11.3. Financial Overview
14.11.4. Product Portfolio
14.11.5. Key Developments
14.11.6. Strategies
CHAPTER 15. RESEARCH APPROACH
15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope
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