Variable Frequency Drive Market

Variable Frequency Drive Market, By Deployment (On-premise and Cloud), By Drive Type (AC Drive, DC Drive, Servo Drive), By Voltage Range (Low Voltage Range, Medium Voltage Range), By Application Type (Standard, Regenerative), By End-use Application (Pump, Fan, Compressor, Conveyor, HVAC, Other Applications), By End-use Industry (Oil & Gas, Food Processing, Automotive, Mining & Metals, Pulp & Papers, Applications Others (Power generation, chemical processing, etc.)), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


A variable frequency drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage of its power supply. Increasing demand from diverse end-use industries including cement, petrochemical, chemical, mining, oil & gas, and pulp & paper is expected to boost the global variable frequency drive (VFD) market growth over the forecast period.

Market Dynamics:

Variable Frequency Drive provides potential cost saving in terms of reduce energy consumption improved process control and extended equipment lifespan by optimizing motor speed and power consumption based on actual demand moreover variable frequency drive provides precious control over motor speed and torque which enhances process control over motor speed and torque, which reduces downtime and minimizes motor cost. Such a factors are driving the growth of global variable frequency drive market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global variable frequency (VFD) drive market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global variable frequency drive market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Fuji Electric Co., Ltd, Schneider Electric, Mitsubishi Electric Corporation, Toshiba International Corporation, Siemens AG, Emerson Industrial Automation, ABB Ltd., Johnson Controls Inc., American Electric Technologies Inc. (AETI), Rockwell Automation Inc., Danfoss India, General Electric Company, Honeywell International Inc., and Hitachi Limited.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global variable frequency drive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global variable frequency drive market

Detailed Segmentation:

Global Variable Frequency Drive Market, By Drive Type

AC Drive

DC Drive

Servo Drive

Global Variable Frequency Drive Market, By Voltage Range

Low Voltage Range

Medium Voltage Range

Global Variable Frequency Drive Market, By Application Type

Standard

Regenerative

Global Variable Frequency Drive Market, By End-use Application

Pump

Fan

Compressor

Conveyor

HVAC

Other Applications

Global Variable Frequency Drive Market, By End-use Industry

Oil & Gas

Food Processing

Automotive

Mining & Metals

Pulp & Papers

Others (Power generation, chemical processing, and others)

Global Variable Frequency Drive Market, By Geography

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Company Profiles:

Fuji Electric Co., Ltd

Schneider Electric

Mitsubishi Electric Corporation

Toshiba International Corporation

Siemens AG

Emerson Industrial Automation

ABB Ltd.

Johnson Controls Inc.

American Electric Technologies Inc. (AETI)

Rockwell Automation Inc.

Danfoss India

General Electric Company

Honeywell International Inc.

Hitachi Limited.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Deployment
Market Snapshot, By Drive Type
Market Snapshot, By Voltage Range
Market Snapshot, By Application Type
Market Snapshot, End-use Application
Market Snapshot, End-use Industry
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
The rising need for an interactive view of data
Increase in investment by companies for development of more interactive data visualization tool
Restraints
Lack of skilled professionals
Opportunities
Technological advancement in data visualization tools
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Variable Frequency Drive Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Variable Frequency Drive Market , By Drive Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
AC Drive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
DC Drive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
DC Drive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Variable Frequency Drive Market , By Voltage Range, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Low Voltage Range
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Medium Voltage Range
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
7. Global Variable Frequency Drive Market , By Application Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Standard
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Regenerative
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
8. Global Variable Frequency Drive Market , By End-use Application, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Pump
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Fan
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Compressor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Conveyor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
HVAC
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Other Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
9. Global Variable Frequency Drive Market, End-use Industry, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Oil & Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Food Processing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Mining & Metals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Pulp & Papers Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others (Power generation, chemical processing, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
10. Global Variable Frequency Drive Market , By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2017-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2017-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2017-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2017-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2017-2030,(US$ Bn)
11. Competitive Landscape
Fuji Electric Co., Ltd
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Schneider Electric
Mitsubishi Electric Corporation
Toshiba International Corporation
Siemens AG
Emerson Industrial Automation
ABB Ltd.
Johnson Controls Inc.
American Electric Technologies Inc. (AETI)
Rockwell Automation Inc.
Danfoss India
General Electric Company
Honeywell International Inc.
Hitachi Limited
12. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Variable Frequency Drive Market” - Global forecast to 2030

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