Industry: Machinery & Equipment
Published Date: 2024-01-31
Pages: 98 Pages
Report ld: 2369281
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Variable Frequency Drivers Market Size(US$)

CAGR 2024-2030
2.9%
Market Size,2030
USD 18,360
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 Drivers market was valued at US$ 14970 million in 2023 and is anticipated to reach US$ 18360 million by 2030, witnessing a CAGR of 2.9% 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 Drivers, 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 Drivers.
MARKET SEGMENTATION
REPORT SCOPE
The Variable Frequency Drivers 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 Drivers 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 Drivers 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 Drivers 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 Drivers 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 Drivers 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:
We identify regional market threats and growth prospects to guide your overseas layout.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Variable Frequency Drivers Market Overview
1.1 Product Definition
1.2 Variable Frequency Drivers Segment by Type
1.2.1 Global Variable Frequency Drivers Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 AC Drivers
1.2.3 DC Drivers
1.2.4 Servo Drivers
1.3 Variable Frequency Drivers Segment by Application
1.3.1 Global Variable Frequency Drivers Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 HVAC Control System
1.3.3 Food Processing
1.3.4 Petrochemicals
1.3.5 Mining and Metals
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Variable Frequency Drivers Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Variable Frequency Drivers Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Variable Frequency Drivers Production Estimates and Forecasts (2019-2030)
1.4.4 Global Variable Frequency Drivers Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Variable Frequency Drivers Production Market Share by Manufacturers (2019-2024)
2.2 Global Variable Frequency Drivers Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Variable Frequency Drivers, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Variable Frequency Drivers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Variable Frequency Drivers Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Variable Frequency Drivers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Variable Frequency Drivers, Product Offered and Application
2.8 Global Key Manufacturers of Variable Frequency Drivers, Date of Enter into This Industry
2.9 Variable Frequency Drivers Market Competitive Situation and Trends
2.9.1 Variable Frequency Drivers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Variable Frequency Drivers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Variable Frequency Drivers Production by Region
3.1 Global Variable Frequency Drivers Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Variable Frequency Drivers Production Value by Region (2019-2030)
3.2.1 Global Variable Frequency Drivers Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Variable Frequency Drivers by Region (2025-2030)
3.3 Global Variable Frequency Drivers Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Variable Frequency Drivers Production by Region (2019-2030)
3.4.1 Global Variable Frequency Drivers Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Variable Frequency Drivers by Region (2025-2030)
3.5 Global Variable Frequency Drivers Market Price Analysis by Region (2019-2024)
3.6 Global Variable Frequency Drivers Production and Value, Year-over-Year Growth
3.6.1 North America Variable Frequency Drivers Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Variable Frequency Drivers Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Variable Frequency Drivers Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Variable Frequency Drivers Production Value Estimates and Forecasts (2019-2030)
4 Variable Frequency Drivers Consumption by Region
4.1 Global Variable Frequency Drivers Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Variable Frequency Drivers Consumption by Region (2019-2030)
4.2.1 Global Variable Frequency Drivers Consumption by Region (2019-2024)
4.2.2 Global Variable Frequency Drivers Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Variable Frequency Drivers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Variable Frequency Drivers Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Variable Frequency Drivers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Variable Frequency Drivers 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 Drivers Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Variable Frequency Drivers 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 Drivers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Variable Frequency Drivers 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 Drivers Production by Type (2019-2030)
5.1.1 Global Variable Frequency Drivers Production by Type (2019-2024)
5.1.2 Global Variable Frequency Drivers Production by Type (2025-2030)
5.1.3 Global Variable Frequency Drivers Production Market Share by Type (2019-2030)
5.2 Global Variable Frequency Drivers Production Value by Type (2019-2030)
5.2.1 Global Variable Frequency Drivers Production Value by Type (2019-2024)
5.2.2 Global Variable Frequency Drivers Production Value by Type (2025-2030)
5.2.3 Global Variable Frequency Drivers Production Value Market Share by Type (2019-2030)
5.3 Global Variable Frequency Drivers Price by Type (2019-2030)
6 Segment by Application
6.1 Global Variable Frequency Drivers Production by Application (2019-2030)
6.1.1 Global Variable Frequency Drivers Production by Application (2019-2024)
6.1.2 Global Variable Frequency Drivers Production by Application (2025-2030)
6.1.3 Global Variable Frequency Drivers Production Market Share by Application (2019-2030)
6.2 Global Variable Frequency Drivers Production Value by Application (2019-2030)
6.2.1 Global Variable Frequency Drivers Production Value by Application (2019-2024)
6.2.2 Global Variable Frequency Drivers Production Value by Application (2025-2030)
6.2.3 Global Variable Frequency Drivers Production Value Market Share by Application (2019-2030)
6.3 Global Variable Frequency Drivers Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB Ltd. (Switzerland)
7.1.1 ABB Ltd. (Switzerland) Variable Frequency Drivers Corporation Information
7.1.2 ABB Ltd. (Switzerland) Variable Frequency Drivers Product Portfolio
7.1.3 ABB Ltd. (Switzerland) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Ltd. (Switzerland) Main Business and Markets Served
7.1.5 ABB Ltd. (Switzerland) Recent Developments/Updates
7.2 Siemens AG (Germany)
7.2.1 Siemens AG (Germany) Variable Frequency Drivers Corporation Information
7.2.2 Siemens AG (Germany) Variable Frequency Drivers Product Portfolio
7.2.3 Siemens AG (Germany) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens AG (Germany) Main Business and Markets Served
7.2.5 Siemens AG (Germany) Recent Developments/Updates
7.3 Schneider Electric (France)
7.3.1 Schneider Electric (France) Variable Frequency Drivers Corporation Information
7.3.2 Schneider Electric (France) Variable Frequency Drivers Product Portfolio
7.3.3 Schneider Electric (France) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric (France) Main Business and Markets Served
7.3.5 Schneider Electric (France) Recent Developments/Updates
7.4 Danfoss (Denmark)
7.4.1 Danfoss (Denmark) Variable Frequency Drivers Corporation Information
7.4.2 Danfoss (Denmark) Variable Frequency Drivers Product Portfolio
7.4.3 Danfoss (Denmark) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Danfoss (Denmark) Main Business and Markets Served
7.4.5 Danfoss (Denmark) Recent Developments/Updates
7.5 Rockwell Automation, Inc. (U.S.)
7.5.1 Rockwell Automation, Inc. (U.S.) Variable Frequency Drivers Corporation Information
7.5.2 Rockwell Automation, Inc. (U.S.) Variable Frequency Drivers Product Portfolio
7.5.3 Rockwell Automation, Inc. (U.S.) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rockwell Automation, Inc. (U.S.) Main Business and Markets Served
7.5.5 Rockwell Automation, Inc. (U.S.) Recent Developments/Updates
7.6 WEG (Brazil)
7.6.1 WEG (Brazil) Variable Frequency Drivers Corporation Information
7.6.2 WEG (Brazil) Variable Frequency Drivers Product Portfolio
7.6.3 WEG (Brazil) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.6.4 WEG (Brazil) Main Business and Markets Served
7.6.5 WEG (Brazil) Recent Developments/Updates
7.7 Yaskawa Electric Corporation (Japan)
7.7.1 Yaskawa Electric Corporation (Japan) Variable Frequency Drivers Corporation Information
7.7.2 Yaskawa Electric Corporation (Japan) Variable Frequency Drivers Product Portfolio
7.7.3 Yaskawa Electric Corporation (Japan) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yaskawa Electric Corporation (Japan) Main Business and Markets Served
7.7.5 Yaskawa Electric Corporation (Japan) Recent Developments/Updates
7.8 Eaton Corporation Plc. (Ireland)
7.8.1 Eaton Corporation Plc. (Ireland) Variable Frequency Drivers Corporation Information
7.8.2 Eaton Corporation Plc. (Ireland) Variable Frequency Drivers Product Portfolio
7.8.3 Eaton Corporation Plc. (Ireland) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Eaton Corporation Plc. (Ireland) Main Business and Markets Served
7.7.5 Eaton Corporation Plc. (Ireland) Recent Developments/Updates
7.9 General Electric (U.S.)
7.9.1 General Electric (U.S.) Variable Frequency Drivers Corporation Information
7.9.2 General Electric (U.S.) Variable Frequency Drivers Product Portfolio
7.9.3 General Electric (U.S.) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.9.4 General Electric (U.S.) Main Business and Markets Served
7.9.5 General Electric (U.S.) Recent Developments/Updates
7.10 Emerson Electric Co. (U.S.)
7.10.1 Emerson Electric Co. (U.S.) Variable Frequency Drivers Corporation Information
7.10.2 Emerson Electric Co. (U.S.) Variable Frequency Drivers Product Portfolio
7.10.3 Emerson Electric Co. (U.S.) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Emerson Electric Co. (U.S.) Main Business and Markets Served
7.10.5 Emerson Electric Co. (U.S.) Recent Developments/Updates
7.11 Hitachi, Ltd. (Japan)
7.11.1 Hitachi, Ltd. (Japan) Variable Frequency Drivers Corporation Information
7.11.2 Hitachi, Ltd. (Japan) Variable Frequency Drivers Product Portfolio
7.11.3 Hitachi, Ltd. (Japan) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Hitachi, Ltd. (Japan) Main Business and Markets Served
7.11.5 Hitachi, Ltd. (Japan) Recent Developments/Updates
7.12 Crompton Greaves (India)
7.12.1 Crompton Greaves (India) Variable Frequency Drivers Corporation Information
7.12.2 Crompton Greaves (India) Variable Frequency Drivers Product Portfolio
7.12.3 Crompton Greaves (India) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Crompton Greaves (India) Main Business and Markets Served
7.12.5 Crompton Greaves (India) Recent Developments/Updates
7.13 Mitsubishi Electric Corporation (Japan)
7.13.1 Mitsubishi Electric Corporation (Japan) Variable Frequency Drivers Corporation Information
7.13.2 Mitsubishi Electric Corporation (Japan) Variable Frequency Drivers Product Portfolio
7.13.3 Mitsubishi Electric Corporation (Japan) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Mitsubishi Electric Corporation (Japan) Main Business and Markets Served
7.13.5 Mitsubishi Electric Corporation (Japan) Recent Developments/Updates
7.14 Fuji Electric Co., Ltd. (Japan)
7.14.1 Fuji Electric Co., Ltd. (Japan) Variable Frequency Drivers Corporation Information
7.14.2 Fuji Electric Co., Ltd. (Japan) Variable Frequency Drivers Product Portfolio
7.14.3 Fuji Electric Co., Ltd. (Japan) Variable Frequency Drivers Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Fuji Electric Co., Ltd. (Japan) Main Business and Markets Served
7.14.5 Fuji Electric Co., Ltd. (Japan) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Variable Frequency Drivers Industry Chain Analysis
8.2 Variable Frequency Drivers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Variable Frequency Drivers Production Mode & Process
8.4 Variable Frequency Drivers Sales and Marketing
8.4.1 Variable Frequency Drivers Sales Channels
8.4.2 Variable Frequency Drivers Distributors
8.5 Variable Frequency Drivers Customers
9 Variable Frequency Drivers Market Dynamics
9.1 Variable Frequency Drivers Industry Trends
9.2 Variable Frequency Drivers Market Drivers
9.3 Variable Frequency Drivers Market Challenges
9.4 Variable Frequency Drivers 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
Related Reports
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.
Published Date: 2024-04-22
Pages: 109
USD 4900.00
(Single User License)
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.
Published: 2024-04-22
Pages: 109
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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