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.
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). This report contains market size and forecasts of Variable Frequency Drive (VFD) in global, including the following market information:
Global Variable Frequency Drive (VFD) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Â
Global Variable Frequency Drive (VFD) Market Sales, 2018-2023, 2024-2029, (K Units)
Â
Global top five Variable Frequency Drive (VFD) companies in 2022 (%)
The global Variable Frequency Drive (VFD) market was valued at US$ 15400 million in 2022 and is projected to reach US$ 19020 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
We surveyed the Variable Frequency Drive (VFD) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Variable Frequency Drive (VFD) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Frequency Drive (VFD) Market Segment Percentages, by Type, 2022 (%)
MV and LV Frequency Converter
High Voltage Frequency Converter
Global Variable Frequency Drive (VFD) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Frequency Drive (VFD) Market Segment Percentages, by Application, 2022 (%)
Electric Power
Mining
Metallurgical
Petrochemical
Building Materials
Others
Global Variable Frequency Drive (VFD) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Frequency Drive (VFD) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Variable Frequency Drive (VFD) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Variable Frequency Drive (VFD) revenues share in global market, 2022 (%)
Key companies Variable Frequency Drive (VFD) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Variable Frequency Drive (VFD) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
SIEMENS
Schneider
Danfoss
Rockwell
YASKAWA
MITSUBISHI ELECTRIC
Fuji Electric
Inovance Technology
Delta
GE Power Conversion
INVT
Hiconics Eco-energy Technology
VEICHI
HopeSenlan Science and Technology
EURA DRIVES
POWTRAN
Sichuan Jialing Electrical
Xinfengguang Electronics
SINEE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Variable Frequency Drive (VFD), market overview.
Chapter 2: Global Variable Frequency Drive (VFD) market size in revenue and volume.
Chapter 3: Detailed analysis of Variable Frequency Drive (VFD) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales 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 of each country in the world.
Chapter 7: 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 8: Global Variable Frequency Drive (VFD) capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Variable Frequency Drive (VFD) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Variable Frequency Drive (VFD) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Variable Frequency Drive (VFD) Overall Market Size
2.1 Global Variable Frequency Drive (VFD) Market Size: 2022 VS 2029
2.2 Global Variable Frequency Drive (VFD) Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Variable Frequency Drive (VFD) Sales: 2018-2029
3 Company Landscape
3.1 Top Variable Frequency Drive (VFD) Players in Global Market
3.2 Top Global Variable Frequency Drive (VFD) Companies Ranked by Revenue
3.3 Global Variable Frequency Drive (VFD) Revenue by Companies
3.4 Global Variable Frequency Drive (VFD) Sales by Companies
3.5 Global Variable Frequency Drive (VFD) Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Variable Frequency Drive (VFD) Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Variable Frequency Drive (VFD) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Variable Frequency Drive (VFD) Players in Global Market
3.8.1 List of Global Tier 1 Variable Frequency Drive (VFD) Compani
Â
CONTACT US:
203A, City Vista, Fountain Road, Kharadi, Pune, India - 411014
International: +1(332) 2424 294 / +91 916-916-4321
Visit: https://www.grandresearchstore.com/