Variable Frequency Drive Market Intelligence Report - Global Forecast to 2027

Variable Frequency Drive Market Intelligence Report - Global Forecast to 2027

The Global Variable Frequency Drive Market is projected to reach USD 25,725.56 million by 2027 from USD 20,365.27 million in 2021, at a CAGR 3.97% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Variable Frequency Drive Market size was estimated at USD 5,929.34 million in 2021 and expected to reach USD 6,096.32 million in 2022, at a CAGR 3.69% to reach USD 7,371.09 million by 2027.
• The Asia-Pacific Variable Frequency Drive Market size was estimated at USD 7,674.65 million in 2021 and expected to reach USD 7,940.15 million in 2022, at a CAGR 3.92% to reach USD 9,668.71 million by 2027.
• The Europe, Middle East & Africa Variable Frequency Drive Market size was estimated at USD 6,761.26 million in 2021 and expected to reach USD 7,059.90 million in 2022, at a CAGR 4.26% to reach USD 8,685.75 million by 2027.

Market Segmentation & Coverage:

The report on variable frequency drive identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the variable frequency drive to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• AC Drives
• DC Drives
• Servo Drives

Voltage:

• Low Voltage
• Medium Voltage

Power Range:

• High Power Drives
• Low Power Drives
• Medium Power Drives
• Micro Power Drives

Application:

• Compressors
• Conveyors
• Fans
• Heating, Ventilation, & Air Conditioning
• Pumps

End User:

• Industrial
• Infrastructure
• Marine
• Material Handling
• Mining & Metals
• Oil & Gas
• Power Generation
• Water & Wastewater Treatment

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• ABB Ltd.
• CG Power and Industrial Solutions Limited
• Danfoss A/S
• Eaton Corporation
• Fuji Electric Co., Ltd.
• Hitachi Ltd.
• Inovance Technology Europe GmbH
• Larsen & Toubro Limited
• Mitsubishi Electric Corporation
• Nidec Corporation
• Parker-Hannifin Corporation
• Rockwell Automation Incorporated
• Schneider Electric SE
• Shenzhen INVT Electric Co., Ltd.
• Siemens AG
• TMEIC
• Weg SA
• Yaskawa Electric Corporation