Global Low Voltage Compact Frequency Converter Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Low Voltage Compact Frequency Converter market size was valued at USD 811.8 million in 2022 and is forecast to a readjusted size of USD 996.2 million by 2029 with a CAGR of 3.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A low voltage compact frequency converter, also known as a low voltage compact variable frequency drive (VFD) or inverter, is an electronic device used to control the speed and torque of an electric motor by varying the frequency and voltage supplied to the motor. It is commonly used in industrial applications to achieve energy savings, precise motor control, and operational efficiency.
This report is a detailed and comprehensive analysis for global Low Voltage Compact Frequency Converter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Low Voltage Compact Frequency Converter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Compact Frequency Converter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Compact Frequency Converter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Low Voltage Compact Frequency Converter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Low Voltage Compact Frequency Converter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Low Voltage Compact Frequency Converter market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Siemens, ABB, Danfoss and Rockwell Automation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Low Voltage Compact Frequency Converter market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Phase 220v
Three-Phase 220v
Three-Phase 380v
Market segment by Application
Industrial Manufacturing
HVAC
Water/Wastewater Treatment
Material Handling
Industrial Pumps and Fans
Automotive
Agriculture
Major players covered
Schneider Electric
Siemens
ABB
Danfoss
Rockwell Automation
Yaskawa Electric
Mitsubishi Electric
Fuji Electric
Inovance Technology
Delta Electronics
GE Power Conversion
INVT
Hiconics
VEICHI
Slanvert
EURA DRIVES
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Low Voltage Compact Frequency Converter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Low Voltage Compact Frequency Converter, with price, sales, revenue and global market share of Low Voltage Compact Frequency Converter from 2018 to 2023.
Chapter 3, the Low Voltage Compact Frequency Converter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Low Voltage Compact Frequency Converter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Low Voltage Compact Frequency Converter market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Low Voltage Compact Frequency Converter.
Chapter 14 and 15, to describe Low Voltage Compact Frequency Converter sales channel, distributors, customers, research findings and conclusion.