Variable Frequency Drive (VFD) Market

Market Insights on the Variable Frequency Drive (VFD) Market, including sales forecast, demand outlook, and key trends

Variable Frequency Drive (VFD) Market - By Type, Power Range, Application, and Region - Forecast to 2023-2033

Category: Industrial Equipment Published Date : Jul-23 ID: CVC-78091 Format: PDF Pages: 300

Report Highlights According to a research survey conducted by ChemView Consulting, the Variable Frequency Drive (VFD) Market was worth US$ 27 Bn. The market is expected to grow at a CAGR of 5.60% between the forecast period to reach US$ 47 Bn.



Report Includes

Research Scope/Taxonomy:

  • Market Analysis by Type:
    • AC Drives
    • DC Drives
    • Servo Drives
    • Others
  • Market Analysis by Power Range:
    • Low Power
    • Medium Power
    • High Power
  • Market Analysis by Application:
    • Industrial
    • Commercial
    • Residential
    • Others
  • Market Analysis by Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa






Analyst Credentials

Key Companies Profiled:

  • ABB Ltd.
  • Schneider Electric SE
  • Siemens AG
  • Danfoss A/S
  • Rockwell Automation, Inc.
  • Yaskawa Electric Corporation
  • Hitachi, Ltd.
  • Emerson Electric Co.
  • Mitsubishi Electric Corporation
  • WEG Industries
  • General Electric Company
  • Toshiba Corporation
  • Fuji Electric Co., Ltd.
  • Delta Electronics, Inc.
  • Lenze SE
  • Schaffner Holding AG
  • Hyundai Heavy Industries Co., Ltd.
  • Nidec Corporation
  • Eaton Corporation
  • Parker Hannifin Corporation

1.1. Global Market Snapshot

1.2. Key Success Factors

1.3. Strategic Analysis and Recommendations

2.1. Market Taxonomy

2.2. Market Definitions

3.1. Preliminary Investigation & Research Design

3.2. Secondary Research & Primary Research

3.3. Data Analysis & Econometric Modelling

3.4. Expert Data Validation

4.1. Supply-Side Trends

4.2. Demand-Side Trends

5.1. Global Market Value (US$ Mn) Analysis, 2018 – 2033

5.2. Incremental $ Opportunity Index, 2023-2033

5.3. Global Market Volume Analysis, 2018 – 2033

6.1. Regional Level Pricing Analysis and Forecast

6.1.1. Manufacturers Level Pricing

6.1.2. Distributor Level Pricing

6.2. Global Pricing Analysis Benchmark

6.3. Cost Breakdown Analysis

7.1. Cross Analysis of Power Range W.R.T. Type

8.1. Regional Supply Vs. Demand Gap Assessment

8.2. Top Producing Countries Analysis

9.1. Macroeconomic Factors

9.2. Forecast Factors

9.3. Market Dynamics

9.3.1. Driver

9.3.2. Restraint

9.3.3. Opportunity

9.4. Supply Chain Analysis

9.4.1. List Raw Material Suppliers

9.4.2. List of Manufacturers

9.4.3. List of Distributors

9.4.4. List of Applications

9.4.5. Applications Consumption Analysis

9.4.6. Average Profitability Margin Analysis

9.5. Covid-19 Impact Assessment

9.5.1. Economy/Cluster Projections

9.5.2. Covid-19 Economic Assessment

9.5.3. Impact on Target Market

9.5.4. Recovery Scenario

9.6. Regulatory Framework

9.6.1. Regulations of Key Countries

9.6.2. Potential Impact of Regulations

9.7. Porter’s Five Forces Analysis

9.8. Technology Landscape

10.1. Introduction

10.2. Key Market Trends

10.3. Historical and Current Market (2018-2022) and Future Market Analysis (2023-2033) By Type [Value (US$ Mn) and Volume Analysis]

10.3.1. AC Drives

10.3.2. DC Drives

10.3.3. Servo Drives

10.3.4. Others

10.4. Market Attractiveness Analysis by Type

11.1. Introduction

11.2. Historical and Current Market (2018-2022) and Future Market Analysis (2023-2033) By Power Range [Value (US$ Mn) and Volume Analysis]

11.2.1. Low Power

11.2.2. Medium Power

11.2.3. High Power

11.3. Market Attractiveness Analysis by Power Range

12.1. Introduction

12.2. Historical and Current Market (2018-2022) and Future Market Analysis (2023-2033) By Application [Value (US$ Mn) and Volume Analysis]

12.2.1. Industrial

12.2.2. Commercial

12.2.3. Residential

12.2.4. Others

12.3. Market Attractiveness Analysis by Application

13.1. Introduction

13.2. Key Market Trends

13.3. Historical and Current Market (2018-2022) and Future Market Analysis (2023-2033) By Region [Value (US$ Mn) and Volume Analysis]

13.3.1. North America

13.3.2. Latin America

13.3.3. Europe

13.3.4. Asia-Pacific

13.3.5. Middle East

13.3.6. Africa

13.4. Market Attractiveness Analysis by Region

14.1. Introduction

14.2. Key Market Trends

14.3. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

14.3.1. By Country

14.3.1.1. U.S.

14.3.1.2. Canada

14.3.2. By Type

14.3.3. By Power Range

14.3.4. By Application

14.4. Market Attractiveness Analysis

14.4.1. By Country

14.4.2. By Type

14.4.3. By Power Range

14.4.4. By Application

15.1. Introduction

15.2. Key Market Trends

15.3. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

15.3.1. By Country

15.3.1.1. Brazil

15.3.1.2. Mexico

15.3.1.3. Rest of Latin America

15.3.2. By Type

15.3.3. By Power Range

15.3.4. By Application

15.4. Market Attractiveness Analysis

15.4.1. By Country

15.4.2. By Type

15.4.3. By Power Range

15.4.4. By Application

16.1. Introduction

16.2. Key Market Trends

16.3. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

16.3.1. By Country

16.3.1.1. Germany

16.3.1.2. Italy

16.3.1.3. France

16.3.1.4. UK

16.3.1.5. Spain

16.3.1.6. Netherlands

16.3.1.7. Norway

16.3.1.8. Russia

16.3.1.9. Rest of Europe

16.3.2. By Type

16.3.3. By Power Range

16.3.4. By Application

16.4. Market Attractiveness Analysis

16.4.1. By Country

16.4.2. By Type

16.4.3. By Power Range

16.4.4. By Application

17.1. Introduction

17.2. Key Market Trends

17.3. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

17.3.1. By Country

17.3.1.1. China

17.3.1.2. Japan

17.3.1.3. South Korea

17.3.1.4. India

17.3.1.5. Indonesia

17.3.1.6. Thailand

17.3.1.7. Vietnam

17.3.1.8. Australia & New Zealand

17.3.1.9. Rest of Asia-Pacific

17.3.2. By Type

17.3.3. By Power Range

17.3.4. By Application

17.4. Market Attractiveness Analysis

17.4.1. By Country

17.4.2. By Type

17.4.3. By Power Range

17.4.4. By Application

18.1. Introduction

18.2. Key Market Trends

18.3. Pricing Analysis

18.4. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

18.4.1. By Country

18.4.1.1. Saudi Arabia

18.4.1.2. Turkey

18.4.1.3. U.A.E.

18.4.1.4. Rest of the Middle East

18.4.2. By Type

18.4.3. By Power Range

18.4.4. By Application

18.5. Market Attractiveness Analysis

18.5.1. By Country

18.5.2. By Type

18.5.3. By Power Range

18.5.4. By Application

19.1. Introduction

19.2. Key Market Trends

19.3. Pricing Analysis

19.4. Historical and Current Market Size (2018-2022) and Future Market Size Analysis (2023-2033) [Value (US$ Mn) and Volume Analysis]

19.4.1. By Country

19.4.1.1. South Africa

19.4.1.2. Nigeria

19.4.1.3. Egypt

19.4.1.4. Rest of Africa

19.4.2. By Type

19.4.3. By Power Range

19.4.4. By Application

19.5. Market Attractiveness Analysis

19.5.1. By Country

19.5.2. By Type

19.5.3. By Power Range

19.5.4. By Application

20.1. Tier Structure Breakdown

20.2. Market Share Analysis

20.3. Production Capacity Analysis

20.4. Company Footprint Analysis

20.4.1. Product Footprint of Players

20.4.2. Regional Footprint of Players

20.4.3. Channel Footprint of Players

20.5. Brand Preference Analysis

20.6. Competition Dashboard

21.1. ABB Ltd.

21.1.1. Company Overview

21.1.2. Product & Financial Portfolio

21.1.3. Manufacturing Facilities

21.1.4. Recent Developments

21.1.5. SWOT Analysis

21.1.6. Strategy Overview

21.2. Schneider Electric SE

21.3. Siemens AG

21.4. Danfoss A/S

21.5. Rockwell Automation, Inc.

21.6. Yaskawa Electric Corporation

21.7. Hitachi, Ltd.

21.8. Emerson Electric Co.

21.9. Mitsubishi Electric Corporation

21.10. WEG Industries

21.11. General Electric Company

21.12. Toshiba Corporation

21.13. Fuji Electric Co., Ltd.

21.14. Delta Electronics, Inc.

21.15. Lenze SE

21.16. Schaffner Holding AG

21.17. Hyundai Heavy Industries Co., Ltd.

21.18. Nidec Corporation

21.19. Eaton Corporation

21.20. Parker Hannifin Corporation