Global Verified Frequency Driver (VFD) Market Growth 2025-2031

Global Verified Frequency Driver (VFD) Market Growth 2025-2031

The global Verified Frequency Driver (VFD) market size is predicted to grow from US$ 20460 million in 2025 to US$ 26270 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor.

Other names for a VFD are variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, Microdrive, and inverter.

Global Verified Frequency Driver (VFD) key players include ABB, Siemens AG, Schneider Electric, etc. Global top three manufacturers hold a share over 40%.

China is the largest market, with a share about 20%, followed by North America, and Europe, both have a share over 40 percent.

In terms of product, Low Voltage (0-690V) is the largest segment, with a share over 70%. And in terms of application, the largest application is Elevators, followed by Fans, etc.

LP Information, Inc. (LPI) ' newest research report, the “Verified Frequency Driver (VFD) Industry Forecast” looks at past sales and reviews total world Verified Frequency Driver (VFD) sales in 2024, providing a comprehensive analysis by region and market sector of projected Verified Frequency Driver (VFD) sales for 2025 through 2031. With Verified Frequency Driver (VFD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Verified Frequency Driver (VFD) industry.

This Insight Report provides a comprehensive analysis of the global Verified Frequency Driver (VFD) 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 Verified Frequency Driver (VFD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Verified Frequency Driver (VFD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Verified Frequency Driver (VFD) 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 Verified Frequency Driver (VFD).

This report presents a comprehensive overview, market shares, and growth opportunities of Verified Frequency Driver (VFD) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Low Voltage (0-690V)
Medium Voltage (690V-3000V)
High Voltage (3 kV-10 kV)

Segmentation by Application:
Pumps
Fans
Compressors
Conveyors
Elevators
Extruders
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 AG
Schneider Electric
Emerson Electric
Yaskawa Electric
Mitsubishi
Hitachi Ltd
Danfoss
Toshiba
Fuji Electric
Rockwell Automation
Inovance
Hiconics
INVT
Slanvert
EURA Drives

Key Questions Addressed in this Report

What is the 10-year outlook for the global Verified Frequency Driver (VFD) market?

What factors are driving Verified Frequency Driver (VFD) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Verified Frequency Driver (VFD) market opportunities vary by end market size?

How does Verified Frequency Driver (VFD) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.