Industry: Machinery & Equipment
Published Date: 2024-01-03
Pages: 125 Pages
Report ld: 2119966
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Variable Frequency Drive (VFD) Market Size(US$)

CAGR 2024-2030
3.2%
Market Size,2030
USD 18,710
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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 (VFD) market was valued at US$ 14970 million in 2023 and is anticipated to reach US$ 18710 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Variable Frequency Drive (VFD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Variable Frequency Drive (VFD).
MARKET SEGMENTATION
REPORT SCOPE
The Variable Frequency Drive (VFD) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Variable Frequency Drive (VFD) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Variable Frequency Drive (VFD) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Variable Frequency Drive (VFD) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Variable Frequency Drive (VFD) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Variable Frequency Drive (VFD) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Variable Frequency Drive (VFD) Market Overview
1.1 Product Definition
1.2 Variable Frequency Drive (VFD) Segment by Type
1.2.1 Global Variable Frequency Drive (VFD) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 MV and LV Frequency Converter
1.2.3 High Voltage Frequency Converter
1.3 Variable Frequency Drive (VFD) Segment by Application
1.3.1 Global Variable Frequency Drive (VFD) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electric Power
1.3.3 Mining
1.3.4 Metallurgical
1.3.5 Petrochemical
1.3.6 Building Materials
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Variable Frequency Drive (VFD) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Variable Frequency Drive (VFD) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Variable Frequency Drive (VFD) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Variable Frequency Drive (VFD) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Variable Frequency Drive (VFD) Production Market Share by Manufacturers (2019-2024)
2.2 Global Variable Frequency Drive (VFD) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Variable Frequency Drive (VFD), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Variable Frequency Drive (VFD) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Variable Frequency Drive (VFD) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Variable Frequency Drive (VFD), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Variable Frequency Drive (VFD), Product Offered and Application
2.8 Global Key Manufacturers of Variable Frequency Drive (VFD), Date of Enter into This Industry
2.9 Variable Frequency Drive (VFD) Market Competitive Situation and Trends
2.9.1 Variable Frequency Drive (VFD) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Variable Frequency Drive (VFD) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Variable Frequency Drive (VFD) Production by Region
3.1 Global Variable Frequency Drive (VFD) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Variable Frequency Drive (VFD) Production Value by Region (2019-2030)
3.2.1 Global Variable Frequency Drive (VFD) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Variable Frequency Drive (VFD) by Region (2025-2030)
3.3 Global Variable Frequency Drive (VFD) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Variable Frequency Drive (VFD) Production by Region (2019-2030)
3.4.1 Global Variable Frequency Drive (VFD) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Variable Frequency Drive (VFD) by Region (2025-2030)
3.5 Global Variable Frequency Drive (VFD) Market Price Analysis by Region (2019-2024)
3.6 Global Variable Frequency Drive (VFD) Production and Value, Year-over-Year Growth
3.6.1 North America Variable Frequency Drive (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Variable Frequency Drive (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Variable Frequency Drive (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.4 China Variable Frequency Drive (VFD) Production Value Estimates and Forecasts (2019-2030)
4 Variable Frequency Drive (VFD) Consumption by Region
4.1 Global Variable Frequency Drive (VFD) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Variable Frequency Drive (VFD) Consumption by Region (2019-2030)
4.2.1 Global Variable Frequency Drive (VFD) Consumption by Region (2019-2024)
4.2.2 Global Variable Frequency Drive (VFD) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Variable Frequency Drive (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Variable Frequency Drive (VFD) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Variable Frequency Drive (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Variable Frequency Drive (VFD) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Variable Frequency Drive (VFD) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Variable Frequency Drive (VFD) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Variable Frequency Drive (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Variable Frequency Drive (VFD) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Variable Frequency Drive (VFD) Production by Type (2019-2030)
5.1.1 Global Variable Frequency Drive (VFD) Production by Type (2019-2024)
5.1.2 Global Variable Frequency Drive (VFD) Production by Type (2025-2030)
5.1.3 Global Variable Frequency Drive (VFD) Production Market Share by Type (2019-2030)
5.2 Global Variable Frequency Drive (VFD) Production Value by Type (2019-2030)
5.2.1 Global Variable Frequency Drive (VFD) Production Value by Type (2019-2024)
5.2.2 Global Variable Frequency Drive (VFD) Production Value by Type (2025-2030)
5.2.3 Global Variable Frequency Drive (VFD) Production Value Market Share by Type (2019-2030)
5.3 Global Variable Frequency Drive (VFD) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Variable Frequency Drive (VFD) Production by Application (2019-2030)
6.1.1 Global Variable Frequency Drive (VFD) Production by Application (2019-2024)
6.1.2 Global Variable Frequency Drive (VFD) Production by Application (2025-2030)
6.1.3 Global Variable Frequency Drive (VFD) Production Market Share by Application (2019-2030)
6.2 Global Variable Frequency Drive (VFD) Production Value by Application (2019-2030)
6.2.1 Global Variable Frequency Drive (VFD) Production Value by Application (2019-2024)
6.2.2 Global Variable Frequency Drive (VFD) Production Value by Application (2025-2030)
6.2.3 Global Variable Frequency Drive (VFD) Production Value Market Share by Application (2019-2030)
6.3 Global Variable Frequency Drive (VFD) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Variable Frequency Drive (VFD) Corporation Information
7.1.2 ABB Variable Frequency Drive (VFD) Product Portfolio
7.1.3 ABB Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 SIEMENS
7.2.1 SIEMENS Variable Frequency Drive (VFD) Corporation Information
7.2.2 SIEMENS Variable Frequency Drive (VFD) Product Portfolio
7.2.3 SIEMENS Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 SIEMENS Main Business and Markets Served
7.2.5 SIEMENS Recent Developments/Updates
7.3 Schneider
7.3.1 Schneider Variable Frequency Drive (VFD) Corporation Information
7.3.2 Schneider Variable Frequency Drive (VFD) Product Portfolio
7.3.3 Schneider Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Main Business and Markets Served
7.3.5 Schneider Recent Developments/Updates
7.4 Danfoss
7.4.1 Danfoss Variable Frequency Drive (VFD) Corporation Information
7.4.2 Danfoss Variable Frequency Drive (VFD) Product Portfolio
7.4.3 Danfoss Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Danfoss Main Business and Markets Served
7.4.5 Danfoss Recent Developments/Updates
7.5 Rockwell
7.5.1 Rockwell Variable Frequency Drive (VFD) Corporation Information
7.5.2 Rockwell Variable Frequency Drive (VFD) Product Portfolio
7.5.3 Rockwell Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rockwell Main Business and Markets Served
7.5.5 Rockwell Recent Developments/Updates
7.6 YASKAWA
7.6.1 YASKAWA Variable Frequency Drive (VFD) Corporation Information
7.6.2 YASKAWA Variable Frequency Drive (VFD) Product Portfolio
7.6.3 YASKAWA Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 YASKAWA Main Business and Markets Served
7.6.5 YASKAWA Recent Developments/Updates
7.7 MITSUBISHI ELECTRIC
7.7.1 MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Corporation Information
7.7.2 MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Product Portfolio
7.7.3 MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 MITSUBISHI ELECTRIC Main Business and Markets Served
7.7.5 MITSUBISHI ELECTRIC Recent Developments/Updates
7.8 Fuji Electric
7.8.1 Fuji Electric Variable Frequency Drive (VFD) Corporation Information
7.8.2 Fuji Electric Variable Frequency Drive (VFD) Product Portfolio
7.8.3 Fuji Electric Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fuji Electric Main Business and Markets Served
7.7.5 Fuji Electric Recent Developments/Updates
7.9 Inovance Technology
7.9.1 Inovance Technology Variable Frequency Drive (VFD) Corporation Information
7.9.2 Inovance Technology Variable Frequency Drive (VFD) Product Portfolio
7.9.3 Inovance Technology Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Inovance Technology Main Business and Markets Served
7.9.5 Inovance Technology Recent Developments/Updates
7.10 Delta
7.10.1 Delta Variable Frequency Drive (VFD) Corporation Information
7.10.2 Delta Variable Frequency Drive (VFD) Product Portfolio
7.10.3 Delta Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Delta Main Business and Markets Served
7.10.5 Delta Recent Developments/Updates
7.11 GE Power Conversion
7.11.1 GE Power Conversion Variable Frequency Drive (VFD) Corporation Information
7.11.2 GE Power Conversion Variable Frequency Drive (VFD) Product Portfolio
7.11.3 GE Power Conversion Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 GE Power Conversion Main Business and Markets Served
7.11.5 GE Power Conversion Recent Developments/Updates
7.12 INVT
7.12.1 INVT Variable Frequency Drive (VFD) Corporation Information
7.12.2 INVT Variable Frequency Drive (VFD) Product Portfolio
7.12.3 INVT Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 INVT Main Business and Markets Served
7.12.5 INVT Recent Developments/Updates
7.13 Hiconics Eco-energy Technology
7.13.1 Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Corporation Information
7.13.2 Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Product Portfolio
7.13.3 Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Hiconics Eco-energy Technology Main Business and Markets Served
7.13.5 Hiconics Eco-energy Technology Recent Developments/Updates
7.14 VEICHI
7.14.1 VEICHI Variable Frequency Drive (VFD) Corporation Information
7.14.2 VEICHI Variable Frequency Drive (VFD) Product Portfolio
7.14.3 VEICHI Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 VEICHI Main Business and Markets Served
7.14.5 VEICHI Recent Developments/Updates
7.15 HopeSenlan Science and Technology
7.15.1 HopeSenlan Science and Technology Variable Frequency Drive (VFD) Corporation Information
7.15.2 HopeSenlan Science and Technology Variable Frequency Drive (VFD) Product Portfolio
7.15.3 HopeSenlan Science and Technology Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.15.4 HopeSenlan Science and Technology Main Business and Markets Served
7.15.5 HopeSenlan Science and Technology Recent Developments/Updates
7.16 EURA DRIVES
7.16.1 EURA DRIVES Variable Frequency Drive (VFD) Corporation Information
7.16.2 EURA DRIVES Variable Frequency Drive (VFD) Product Portfolio
7.16.3 EURA DRIVES Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.16.4 EURA DRIVES Main Business and Markets Served
7.16.5 EURA DRIVES Recent Developments/Updates
7.17 POWTRAN
7.17.1 POWTRAN Variable Frequency Drive (VFD) Corporation Information
7.17.2 POWTRAN Variable Frequency Drive (VFD) Product Portfolio
7.17.3 POWTRAN Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.17.4 POWTRAN Main Business and Markets Served
7.17.5 POWTRAN Recent Developments/Updates
7.18 Sichuan Jialing Electrical
7.18.1 Sichuan Jialing Electrical Variable Frequency Drive (VFD) Corporation Information
7.18.2 Sichuan Jialing Electrical Variable Frequency Drive (VFD) Product Portfolio
7.18.3 Sichuan Jialing Electrical Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Sichuan Jialing Electrical Main Business and Markets Served
7.18.5 Sichuan Jialing Electrical Recent Developments/Updates
7.19 Xinfengguang Electronics
7.19.1 Xinfengguang Electronics Variable Frequency Drive (VFD) Corporation Information
7.19.2 Xinfengguang Electronics Variable Frequency Drive (VFD) Product Portfolio
7.19.3 Xinfengguang Electronics Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Xinfengguang Electronics Main Business and Markets Served
7.19.5 Xinfengguang Electronics Recent Developments/Updates
7.20 SINEE
7.20.1 SINEE Variable Frequency Drive (VFD) Corporation Information
7.20.2 SINEE Variable Frequency Drive (VFD) Product Portfolio
7.20.3 SINEE Variable Frequency Drive (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.20.4 SINEE Main Business and Markets Served
7.20.5 SINEE Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Variable Frequency Drive (VFD) Industry Chain Analysis
8.2 Variable Frequency Drive (VFD) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Variable Frequency Drive (VFD) Production Mode & Process
8.4 Variable Frequency Drive (VFD) Sales and Marketing
8.4.1 Variable Frequency Drive (VFD) Sales Channels
8.4.2 Variable Frequency Drive (VFD) Distributors
8.5 Variable Frequency Drive (VFD) Customers
9 Variable Frequency Drive (VFD) Market Dynamics
9.1 Variable Frequency Drive (VFD) Industry Trends
9.2 Variable Frequency Drive (VFD) Market Drivers
9.3 Variable Frequency Drive (VFD) Market Challenges
9.4 Variable Frequency Drive (VFD) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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