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Variable Frequency Drive-Global Market Insights and Sales Trends 2024

Variable Frequency Drive-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1806776

No of Pages : 104

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Synopsis
Variable frequency Drive (VFD) is an electric power control device which controls AC motor by changing the working power frequency of the motor by using frequency conversion technology and microelectronic technology. The frequency converter is mainly composed of rectifier (AC to DC), filter, inverter (DC to AC), brake unit, drive unit, detection unit, micro-processing unit, etc.
The global Variable Frequency Drive market size is expected to reach US$ 18360 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Variable Frequency Drive in various end use industries. The expanding demands from the Oil & Gas, Industrial, Infrastructure and Power Generation, are propelling Variable Frequency Drive 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.
The major players in global Variable frequency Drive (VFD) market include ABB, SIEMENS, Schneider, etc. The top 3 players occupy over 35% shares of the global market. Middle and Low Voltage Frequency Converter is the main type, with a share about 70%. Electric Power is the main application, which holds a share about 30%.
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 Frequency Drive, 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 Frequency Drive 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 Frequency Drive market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Frequency Drive 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 Frequency Drive covered in this report include ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, Crompton Greaves, Eaton, Fuji Electric and Hitachi, etc.
The global Variable Frequency Drive 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
Crompton Greaves
Eaton
Fuji Electric
Hitachi
Nidec
Tmeic
Weg
Yaskawa
Global Variable Frequency Drive 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 Frequency Drive market, Segment by Type:
AC Drives
DC Drives
Servo Drives
Global Variable Frequency Drive market, by Application
Oil & Gas
Industrial
Infrastructure
Power Generation
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 Frequency Drive manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Variable Frequency Drive 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 Frequency Drive Market Overview
1.1 Variable Frequency Drive Product Overview
1.2 Variable Frequency Drive Market Segment by Type
1.2.1 AC Drives
1.2.2 DC Drives
1.2.3 Servo Drives
1.3 Global Variable Frequency Drive Market Size by Type
1.3.1 Global Variable Frequency Drive Market Size Overview by Type (2018-2029)
1.3.2 Global Variable Frequency Drive Historic Market Size Review by Type (2018-2023)
1.3.3 Global Variable Frequency Drive Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Variable Frequency Drive Sales Breakdown by Type (2018-2023)
1.4.2 Europe Variable Frequency Drive Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Variable Frequency Drive Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Variable Frequency Drive Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Variable Frequency Drive Sales Breakdown by Type (2018-2023)
2 Global Variable Frequency Drive Market Competition by Company
2.1 Global Top Players by Variable Frequency Drive Sales (2018-2023)
2.2 Global Top Players by Variable Frequency Drive Revenue (2018-2023)
2.3 Global Top Players by Variable Frequency Drive Price (2018-2023)
2.4 Global Top Manufacturers Variable Frequency Drive Manufacturing Base Distribution, Sales Area, Product Type
2.5 Variable Frequency Drive Market Competitive Situation and Trends
2.5.1 Variable Frequency Drive Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Variable Frequency Drive 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 Frequency Drive as of 2022)
2.7 Date of Key Manufacturers Enter into Variable Frequency Drive Market
2.8 Key Manufacturers Variable Frequency Drive Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Variable Frequency Drive Status and Outlook by Region
3.1 Global Variable Frequency Drive Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Variable Frequency Drive Historic Market Size by Region
3.2.1 Global Variable Frequency Drive Sales in Volume by Region (2018-2023)
3.2.2 Global Variable Frequency Drive Sales in Value by Region (2018-2023)
3.2.3 Global Variable Frequency Drive Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Variable Frequency Drive Forecasted Market Size by Region
3.3.1 Global Variable Frequency Drive Sales in Volume by Region (2024-2029)
3.3.2 Global Variable Frequency Drive Sales in Value by Region (2024-2029)
3.3.3 Global Variable Frequency Drive Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Variable Frequency Drive by Application
4.1 Variable Frequency Drive Market Segment by Application
4.1.1 Oil & Gas
4.1.2 Industrial
4.1.3 Infrastructure
4.1.4 Power Generation
4.1.5 Others
4.2 Global Variable Frequency Drive Market Size by Application
4.2.1 Global Variable Frequency Drive Market Size Overview by Application (2018-2029)
4.2.2 Global Variable Frequency Drive Historic Market Size Review by Application (2018-2023)
4.2.3 Global Variable Frequency Drive Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Variable Frequency Drive Sales Breakdown by Application (2018-2023)
4.3.2 Europe Variable Frequency Drive Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Variable Frequency Drive Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Variable Frequency Drive Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Variable Frequency Drive Sales Breakdown by Application (2018-2023)
5 North America Variable Frequency Drive by Country
5.1 North America Variable Frequency Drive Historic Market Size by Country
5.1.1 North America Variable Frequency Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Variable Frequency Drive Sales in Volume by Country (2018-2023)
5.1.3 North America Variable Frequency Drive Sales in Value by Country (2018-2023)
5.2 North America Variable Frequency Drive Forecasted Market Size by Country
5.2.1 North America Variable Frequency Drive Sales in Volume by Country (2024-2029)
5.2.2 North America Variable Frequency Drive Sales in Value by Country (2024-2029)
6 Europe Variable Frequency Drive by Country
6.1 Europe Variable Frequency Drive Historic Market Size by Country
6.1.1 Europe Variable Frequency Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Variable Frequency Drive Sales in Volume by Country (2018-2023)
6.1.3 Europe Variable Frequency Drive Sales in Value by Country (2018-2023)
6.2 Europe Variable Frequency Drive Forecasted Market Size by Country
6.2.1 Europe Variable Frequency Drive Sales in Volume by Country (2024-2029)
6.2.2 Europe Variable Frequency Drive Sales in Value by Country (2024-2029)
7 Asia-Pacific Variable Frequency Drive by Region
7.1 Asia-Pacific Variable Frequency Drive Historic Market Size by Region
7.1.1 Asia-Pacific Variable Frequency Drive Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Variable Frequency Drive Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Variable Frequency Drive Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Variable Frequency Drive Forecasted Market Size by Region
7.2.1 Asia-Pacific Variable Frequency Drive Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Variable Frequency Drive Sales in Value by Region (2024-2029)
8 Latin America Variable Frequency Drive by Country
8.1 Latin America Variable Frequency Drive Historic Market Size by Country
8.1.1 Latin America Variable Frequency Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Variable Frequency Drive Sales in Volume by Country (2018-2023)
8.1.3 Latin America Variable Frequency Drive Sales in Value by Country (2018-2023)
8.2 Latin America Variable Frequency Drive Forecasted Market Size by Country
8.2.1 Latin America Variable Frequency Drive Sales in Volume by Country (2024-2029)
8.2.2 Latin America Variable Frequency Drive Sales in Value by Country (2024-2029)
9 Middle East and Africa Variable Frequency Drive by Country
9.1 Middle East and Africa Variable Frequency Drive Historic Market Size by Country
9.1.1 Middle East and Africa Variable Frequency Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Variable Frequency Drive Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Variable Frequency Drive Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Variable Frequency Drive Forecasted Market Size by Country
9.2.1 Middle East and Africa Variable Frequency Drive Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Variable Frequency Drive 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 Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Variable Frequency Drive 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 Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Variable Frequency Drive 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 Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric Variable Frequency Drive 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 Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Danfoss Variable Frequency Drive 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 Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rockwell Automation Variable Frequency Drive Products Offered
10.5.5 Rockwell Automation Recent Development
10.6 Crompton Greaves
10.6.1 Crompton Greaves Company Information
10.6.2 Crompton Greaves Introduction and Business Overview
10.6.3 Crompton Greaves Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Crompton Greaves Variable Frequency Drive Products Offered
10.6.5 Crompton Greaves Recent Development
10.7 Eaton
10.7.1 Eaton Company Information
10.7.2 Eaton Introduction and Business Overview
10.7.3 Eaton Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Eaton Variable Frequency Drive Products Offered
10.7.5 Eaton Recent Development
10.8 Fuji Electric
10.8.1 Fuji Electric Company Information
10.8.2 Fuji Electric Introduction and Business Overview
10.8.3 Fuji Electric Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fuji Electric Variable Frequency Drive Products Offered
10.8.5 Fuji Electric Recent Development
10.9 Hitachi
10.9.1 Hitachi Company Information
10.9.2 Hitachi Introduction and Business Overview
10.9.3 Hitachi Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hitachi Variable Frequency Drive Products Offered
10.9.5 Hitachi Recent Development
10.10 Nidec
10.10.1 Nidec Company Information
10.10.2 Nidec Introduction and Business Overview
10.10.3 Nidec Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nidec Variable Frequency Drive Products Offered
10.10.5 Nidec Recent Development
10.11 Tmeic
10.11.1 Tmeic Company Information
10.11.2 Tmeic Introduction and Business Overview
10.11.3 Tmeic Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tmeic Variable Frequency Drive Products Offered
10.11.5 Tmeic Recent Development
10.12 Weg
10.12.1 Weg Company Information
10.12.2 Weg Introduction and Business Overview
10.12.3 Weg Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Weg Variable Frequency Drive Products Offered
10.12.5 Weg Recent Development
10.13 Yaskawa
10.13.1 Yaskawa Company Information
10.13.2 Yaskawa Introduction and Business Overview
10.13.3 Yaskawa Variable Frequency Drive Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Yaskawa Variable Frequency Drive Products Offered
10.13.5 Yaskawa Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Variable Frequency Drive 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 Frequency Drive Industrial Chain Analysis
11.4 Variable Frequency Drive Market Dynamics
11.4.1 Variable Frequency Drive Industry Trends
11.4.2 Variable Frequency Drive Market Drivers
11.4.3 Variable Frequency Drive Market Challenges
11.4.4 Variable Frequency Drive Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Variable Frequency Drive Distributors
12.3 Variable Frequency Drive 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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