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Variable Frequencies Drives-Global Market Insights and Sales Trends 2024

Variable Frequencies Drives-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1822156

No of Pages : 127

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Synopsis
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.
The global Variable Frequencies Drives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Variable Frequencies Drives in various end use industries. The expanding demands from the Pumps, Fans, Compressors and Conveyors, are propelling Variable Frequencies Drives market. AC Drives, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Drives segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Variable Frequencies Drives market, driven by demand from China, the second largest economy with some signs of stabilising, the Variable Frequencies Drives market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Variable Frequencies Drives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Variable Frequencies Drives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Variable Frequencies Drives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Frequencies Drives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Variable Frequencies Drives covered in this report include ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, WEG, Yaskawa Electric, Eaton and General Electric, etc.
The global Variable Frequencies Drives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
Schneider Electric
Danfoss
Rockwell Automation
WEG
Yaskawa Electric
Eaton
General Electric
Emerson
Hitachi
Honeywell
Crompton Greaves
Mitsubishi Electric
Fuji Electric
NIDEC
Invertek Drives
Johnson Controls
TMEIC
Trane (Ingersoll Rand)
Belden
Magnetek
NORD Drivesystems
Global Variable Frequencies Drives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Frequencies Drives market, Segment by Type:
AC Drives
DC Drives
Servo Drives
Global Variable Frequencies Drives market, by Application
Pumps
Fans
Compressors
Conveyors
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Variable Frequencies Drives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Variable Frequencies Drives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Variable Frequencies Drives Market Overview
1.1 Variable Frequencies Drives Product Overview
1.2 Variable Frequencies Drives Market Segment by Type
1.2.1 AC Drives
1.2.2 DC Drives
1.2.3 Servo Drives
1.3 Global Variable Frequencies Drives Market Size by Type
1.3.1 Global Variable Frequencies Drives Market Size Overview by Type (2018-2029)
1.3.2 Global Variable Frequencies Drives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Variable Frequencies Drives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Variable Frequencies Drives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Variable Frequencies Drives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Variable Frequencies Drives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Variable Frequencies Drives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Variable Frequencies Drives Sales Breakdown by Type (2018-2023)
2 Global Variable Frequencies Drives Market Competition by Company
2.1 Global Top Players by Variable Frequencies Drives Sales (2018-2023)
2.2 Global Top Players by Variable Frequencies Drives Revenue (2018-2023)
2.3 Global Top Players by Variable Frequencies Drives Price (2018-2023)
2.4 Global Top Manufacturers Variable Frequencies Drives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Variable Frequencies Drives Market Competitive Situation and Trends
2.5.1 Variable Frequencies Drives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Variable Frequencies Drives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Variable Frequencies Drives as of 2022)
2.7 Date of Key Manufacturers Enter into Variable Frequencies Drives Market
2.8 Key Manufacturers Variable Frequencies Drives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Variable Frequencies Drives Status and Outlook by Region
3.1 Global Variable Frequencies Drives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Variable Frequencies Drives Historic Market Size by Region
3.2.1 Global Variable Frequencies Drives Sales in Volume by Region (2018-2023)
3.2.2 Global Variable Frequencies Drives Sales in Value by Region (2018-2023)
3.2.3 Global Variable Frequencies Drives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Variable Frequencies Drives Forecasted Market Size by Region
3.3.1 Global Variable Frequencies Drives Sales in Volume by Region (2024-2029)
3.3.2 Global Variable Frequencies Drives Sales in Value by Region (2024-2029)
3.3.3 Global Variable Frequencies Drives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Variable Frequencies Drives by Application
4.1 Variable Frequencies Drives Market Segment by Application
4.1.1 Pumps
4.1.2 Fans
4.1.3 Compressors
4.1.4 Conveyors
4.1.5 Others
4.2 Global Variable Frequencies Drives Market Size by Application
4.2.1 Global Variable Frequencies Drives Market Size Overview by Application (2018-2029)
4.2.2 Global Variable Frequencies Drives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Variable Frequencies Drives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Variable Frequencies Drives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Variable Frequencies Drives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Variable Frequencies Drives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Variable Frequencies Drives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Variable Frequencies Drives Sales Breakdown by Application (2018-2023)
5 North America Variable Frequencies Drives by Country
5.1 North America Variable Frequencies Drives Historic Market Size by Country
5.1.1 North America Variable Frequencies Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Variable Frequencies Drives Sales in Volume by Country (2018-2023)
5.1.3 North America Variable Frequencies Drives Sales in Value by Country (2018-2023)
5.2 North America Variable Frequencies Drives Forecasted Market Size by Country
5.2.1 North America Variable Frequencies Drives Sales in Volume by Country (2024-2029)
5.2.2 North America Variable Frequencies Drives Sales in Value by Country (2024-2029)
6 Europe Variable Frequencies Drives by Country
6.1 Europe Variable Frequencies Drives Historic Market Size by Country
6.1.1 Europe Variable Frequencies Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Variable Frequencies Drives Sales in Volume by Country (2018-2023)
6.1.3 Europe Variable Frequencies Drives Sales in Value by Country (2018-2023)
6.2 Europe Variable Frequencies Drives Forecasted Market Size by Country
6.2.1 Europe Variable Frequencies Drives Sales in Volume by Country (2024-2029)
6.2.2 Europe Variable Frequencies Drives Sales in Value by Country (2024-2029)
7 Asia-Pacific Variable Frequencies Drives by Region
7.1 Asia-Pacific Variable Frequencies Drives Historic Market Size by Region
7.1.1 Asia-Pacific Variable Frequencies Drives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Variable Frequencies Drives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Variable Frequencies Drives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Variable Frequencies Drives Forecasted Market Size by Region
7.2.1 Asia-Pacific Variable Frequencies Drives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Variable Frequencies Drives Sales in Value by Region (2024-2029)
8 Latin America Variable Frequencies Drives by Country
8.1 Latin America Variable Frequencies Drives Historic Market Size by Country
8.1.1 Latin America Variable Frequencies Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Variable Frequencies Drives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Variable Frequencies Drives Sales in Value by Country (2018-2023)
8.2 Latin America Variable Frequencies Drives Forecasted Market Size by Country
8.2.1 Latin America Variable Frequencies Drives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Variable Frequencies Drives Sales in Value by Country (2024-2029)
9 Middle East and Africa Variable Frequencies Drives by Country
9.1 Middle East and Africa Variable Frequencies Drives Historic Market Size by Country
9.1.1 Middle East and Africa Variable Frequencies Drives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Variable Frequencies Drives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Variable Frequencies Drives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Variable Frequencies Drives Forecasted Market Size by Country
9.2.1 Middle East and Africa Variable Frequencies Drives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Variable Frequencies Drives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Variable Frequencies Drives Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Variable Frequencies Drives Products Offered
10.2.5 Siemens Recent Development
10.3 Schneider Electric
10.3.1 Schneider Electric Company Information
10.3.2 Schneider Electric Introduction and Business Overview
10.3.3 Schneider Electric Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric Variable Frequencies Drives Products Offered
10.3.5 Schneider Electric Recent Development
10.4 Danfoss
10.4.1 Danfoss Company Information
10.4.2 Danfoss Introduction and Business Overview
10.4.3 Danfoss Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Danfoss Variable Frequencies Drives Products Offered
10.4.5 Danfoss Recent Development
10.5 Rockwell Automation
10.5.1 Rockwell Automation Company Information
10.5.2 Rockwell Automation Introduction and Business Overview
10.5.3 Rockwell Automation Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rockwell Automation Variable Frequencies Drives Products Offered
10.5.5 Rockwell Automation Recent Development
10.6 WEG
10.6.1 WEG Company Information
10.6.2 WEG Introduction and Business Overview
10.6.3 WEG Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WEG Variable Frequencies Drives Products Offered
10.6.5 WEG Recent Development
10.7 Yaskawa Electric
10.7.1 Yaskawa Electric Company Information
10.7.2 Yaskawa Electric Introduction and Business Overview
10.7.3 Yaskawa Electric Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yaskawa Electric Variable Frequencies Drives Products Offered
10.7.5 Yaskawa Electric Recent Development
10.8 Eaton
10.8.1 Eaton Company Information
10.8.2 Eaton Introduction and Business Overview
10.8.3 Eaton Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Eaton Variable Frequencies Drives Products Offered
10.8.5 Eaton Recent Development
10.9 General Electric
10.9.1 General Electric Company Information
10.9.2 General Electric Introduction and Business Overview
10.9.3 General Electric Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 General Electric Variable Frequencies Drives Products Offered
10.9.5 General Electric Recent Development
10.10 Emerson
10.10.1 Emerson Company Information
10.10.2 Emerson Introduction and Business Overview
10.10.3 Emerson Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Emerson Variable Frequencies Drives Products Offered
10.10.5 Emerson Recent Development
10.11 Hitachi
10.11.1 Hitachi Company Information
10.11.2 Hitachi Introduction and Business Overview
10.11.3 Hitachi Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hitachi Variable Frequencies Drives Products Offered
10.11.5 Hitachi Recent Development
10.12 Honeywell
10.12.1 Honeywell Company Information
10.12.2 Honeywell Introduction and Business Overview
10.12.3 Honeywell Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Honeywell Variable Frequencies Drives Products Offered
10.12.5 Honeywell Recent Development
10.13 Crompton Greaves
10.13.1 Crompton Greaves Company Information
10.13.2 Crompton Greaves Introduction and Business Overview
10.13.3 Crompton Greaves Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Crompton Greaves Variable Frequencies Drives Products Offered
10.13.5 Crompton Greaves Recent Development
10.14 Mitsubishi Electric
10.14.1 Mitsubishi Electric Company Information
10.14.2 Mitsubishi Electric Introduction and Business Overview
10.14.3 Mitsubishi Electric Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Mitsubishi Electric Variable Frequencies Drives Products Offered
10.14.5 Mitsubishi Electric Recent Development
10.15 Fuji Electric
10.15.1 Fuji Electric Company Information
10.15.2 Fuji Electric Introduction and Business Overview
10.15.3 Fuji Electric Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Fuji Electric Variable Frequencies Drives Products Offered
10.15.5 Fuji Electric Recent Development
10.16 NIDEC
10.16.1 NIDEC Company Information
10.16.2 NIDEC Introduction and Business Overview
10.16.3 NIDEC Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.16.4 NIDEC Variable Frequencies Drives Products Offered
10.16.5 NIDEC Recent Development
10.17 Invertek Drives
10.17.1 Invertek Drives Company Information
10.17.2 Invertek Drives Introduction and Business Overview
10.17.3 Invertek Drives Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Invertek Drives Variable Frequencies Drives Products Offered
10.17.5 Invertek Drives Recent Development
10.18 Johnson Controls
10.18.1 Johnson Controls Company Information
10.18.2 Johnson Controls Introduction and Business Overview
10.18.3 Johnson Controls Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Johnson Controls Variable Frequencies Drives Products Offered
10.18.5 Johnson Controls Recent Development
10.19 TMEIC
10.19.1 TMEIC Company Information
10.19.2 TMEIC Introduction and Business Overview
10.19.3 TMEIC Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.19.4 TMEIC Variable Frequencies Drives Products Offered
10.19.5 TMEIC Recent Development
10.20 Trane (Ingersoll Rand)
10.20.1 Trane (Ingersoll Rand) Company Information
10.20.2 Trane (Ingersoll Rand) Introduction and Business Overview
10.20.3 Trane (Ingersoll Rand) Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Trane (Ingersoll Rand) Variable Frequencies Drives Products Offered
10.20.5 Trane (Ingersoll Rand) Recent Development
10.21 Belden
10.21.1 Belden Company Information
10.21.2 Belden Introduction and Business Overview
10.21.3 Belden Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Belden Variable Frequencies Drives Products Offered
10.21.5 Belden Recent Development
10.22 Magnetek
10.22.1 Magnetek Company Information
10.22.2 Magnetek Introduction and Business Overview
10.22.3 Magnetek Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Magnetek Variable Frequencies Drives Products Offered
10.22.5 Magnetek Recent Development
10.23 NORD Drivesystems
10.23.1 NORD Drivesystems Company Information
10.23.2 NORD Drivesystems Introduction and Business Overview
10.23.3 NORD Drivesystems Variable Frequencies Drives Sales, Revenue and Gross Margin (2018-2023)
10.23.4 NORD Drivesystems Variable Frequencies Drives Products Offered
10.23.5 NORD Drivesystems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Variable Frequencies Drives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Variable Frequencies Drives Industrial Chain Analysis
11.4 Variable Frequencies Drives Market Dynamics
11.4.1 Variable Frequencies Drives Industry Trends
11.4.2 Variable Frequencies Drives Market Drivers
11.4.3 Variable Frequencies Drives Market Challenges
11.4.4 Variable Frequencies Drives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Variable Frequencies Drives Distributors
12.3 Variable Frequencies Drives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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