Global Medium & High Voltage Variable-frequency Drive Market Growth 2024-2030
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. This report mainly focuses on medium & high voltage variable-frequency drive market.
The global Medium & High Voltage Variable-frequency Drive market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Medium & High Voltage Variable-frequency Drive Industry Forecast” looks at past sales and reviews total world Medium & High Voltage Variable-frequency Drive sales in 2023, providing a comprehensive analysis by region and market sector of projected Medium & High Voltage Variable-frequency Drive sales for 2024 through 2030. With Medium & High Voltage Variable-frequency Drive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medium & High Voltage Variable-frequency Drive industry.
This Insight Report provides a comprehensive analysis of the global Medium & High Voltage Variable-frequency Drive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medium & High Voltage Variable-frequency Drive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medium & High Voltage Variable-frequency Drive market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium & High Voltage Variable-frequency Drive and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medium & High Voltage Variable-frequency Drive.
United States market for Medium & High Voltage Variable-frequency Drive is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Medium & High Voltage Variable-frequency Drive is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Medium & High Voltage Variable-frequency Drive is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Medium & High Voltage Variable-frequency Drive players cover ABB, Siemens, Schneider Electric, TMEIC, Danfoss, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Medium & High Voltage Variable-frequency Drive market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
<3kV
3-6kV
6-10kV
>10kV
Segmentation by Application:
Electric Power
Petrochemicals
Mining
Metallurgy
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Schneider Electric
TMEIC
Danfoss
Yaskawa
Rockwell Automation
WindSun Science & Technology
INVT
Hiconics
Inovance
SLANVERT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medium & High Voltage Variable-frequency Drive market?
What factors are driving Medium & High Voltage Variable-frequency Drive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medium & High Voltage Variable-frequency Drive market opportunities vary by end market size?
How does Medium & High Voltage Variable-frequency Drive break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.