Variable Frequency Drive Market By Drive Type (AC Drive, DC Drive, Servo Drive), By Voltage Range (Low Range, Medium Range), By Application (Pump, Fan, Compressor, Conveyor, HVAC, Others), By End User (Oil & Gas, Food Processing, Automotive, Mining & Metals, Pulp & Papers, Others) - Growth, Share, Opportunities & Competitive Analysis, 2020 – 2028
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Variable Frequency Drive Market
2.2. Global Variable Frequency Drive Market, By Drive Type, 2023 (US$ Million)
2.3. Global Variable Frequency Drive Market, By Voltage Range, 2023 (US$ Million)
2.4. Global Variable Frequency Drive Market, By Application, 2023 (US$ Million)
2.5. Global Variable Frequency Drive Market, By End User, 2023 (US$ Million)
2.6. Global Variable Frequency Drive Market, By Geography, 2023 (US$ Million)
2.7. Attractive Investment Proposition by Geography, 2023
3. Variable Frequency Drive Market: Competitive Analysis
3.1. Market Positioning of Key Variable Frequency Drive Market Vendors
3.2. Strategies Adopted by Variable Frequency Drive Market Vendors
3.3. Key Industry Strategies 4. Variable Frequency Drive Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Variable Frequency Drive Market Value, 2022 - 2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. AC Drive
5.3.2. DC Drive
5.3.3. Hybrid
6. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Low Range
6.3.2. Medium Range
7. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. Pump
7.3.2. Fan
7.3.3. Compressor
7.3.4. Conveyor
7.3.5. HVAC
7.3.6. Others
8. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Market Segmentation
8.3.1. Oil & Gas
8.3.2. Food Processing
8.3.3. Automotive
8.3.4. Mining & Metals
8.3.5. Pulp & Papers
8.3.6. Others
9. North America Variable Frequency Drive Market, 2022-2032, USD (Million)
9.1. Market Overview
9.2. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
9.3. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
9.4. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
9.5. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
9.6.Variable Frequency Drive Market: By Region, 2022-2032, USD (Million)
9.6.1.North America
9.6.1.1. U.S.
9.6.1.1.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
9.6.1.1.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
9.6.1.1.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
9.6.1.1.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
9.6.1.2. Canada
9.6.1.2.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
9.6.1.2.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
9.6.1.2.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
9.6.1.2.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
9.6.1.3. Rest of North America
9.6.1.3.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
9.6.1.3.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
9.6.1.3.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
9.6.1.3.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10. UK and European Union Variable Frequency Drive Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.3. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.4. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.5. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.Variable Frequency Drive Market: By Region, 2022-2032, USD (Million)
10.6.1.UK and European Union
10.6.1.1. UK
10.6.1.1.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.1.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.1.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.1.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.1.2. Germany
10.6.1.2.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.2.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.2.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.2.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.1.3. Spain
10.6.1.3.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.3.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.3.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.3.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.1.4. Italy
10.6.1.4.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.4.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.4.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.4.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.1.5. France
10.6.1.5.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.5.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.5.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.5.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
10.6.1.6. Rest of Europe
10.6.1.6.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
10.6.1.6.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
10.6.1.6.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
10.6.1.6.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11. Asia Pacific Variable Frequency Drive Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.3. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.4. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.5. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.Variable Frequency Drive Market: By Region, 2022-2032, USD (Million)
11.6.1.Asia Pacific
11.6.1.1. China
11.6.1.1.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.1.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.1.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.1.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.1.2. Japan
11.6.1.2.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.2.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.2.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.2.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.1.3. India
11.6.1.3.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.3.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.3.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.3.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.1.4. Australia
11.6.1.4.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.4.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.4.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.4.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.1.5. South Korea
11.6.1.5.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.5.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.5.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.5.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
11.6.1.6. Rest of Asia Pacific
11.6.1.6.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
11.6.1.6.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
11.6.1.6.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
11.6.1.6.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
12. Latin America Variable Frequency Drive Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
12.3. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
12.4. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
12.5. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
12.6.Variable Frequency Drive Market: By Region, 2022-2032, USD (Million)
12.6.1.Latin America
12.6.1.1. Brazil
12.6.1.1.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
12.6.1.1.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
12.6.1.1.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
12.6.1.1.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
12.6.1.2. Mexico
12.6.1.2.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
12.6.1.2.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
12.6.1.2.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
12.6.1.2.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
12.6.1.3. Rest of Latin America
12.6.1.3.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
12.6.1.3.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
12.6.1.3.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
12.6.1.3.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
13. Middle East and Africa Variable Frequency Drive Market, 2022-2032, USD (Million)
13.1. Market Overview
13.2. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
13.3. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
13.4. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
13.5. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
13.6.Variable Frequency Drive Market: By Region, 2022-2032, USD (Million)
13.6.1.Middle East and Africa
13.6.1.1. GCC
13.6.1.1.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
13.6.1.1.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
13.6.1.1.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
13.6.1.1.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
13.6.1.2. Africa
13.6.1.2.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
13.6.1.2.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
13.6.1.2.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
13.6.1.2.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
13.6.1.3. Rest of Middle East and Africa
13.6.1.3.1. Variable Frequency Drive Market: By Drive Type, 2022-2032, USD (Million)
13.6.1.3.2. Variable Frequency Drive Market: By Voltage Range, 2022-2032, USD (Million)
13.6.1.3.3. Variable Frequency Drive Market: By Application, 2022-2032, USD (Million)
13.6.1.3.4. Variable Frequency Drive Market: By End User, 2022-2032, USD (Million)
14. Company Profile
14.1. Fuji Electric Co., Ltd
14.1.1. Company Overview
14.1.2. Financial Performance
14.1.3. Product Portfolio
14.1.4. Strategic Initiatives
14.2. Mitsubishi Electric Corporation
14.2.1. Company Overview
14.2.2. Financial Performance
14.2.3. Product Portfolio
14.2.4. Strategic Initiatives
14.3. Siemens AG
14.3.1. Company Overview
14.3.2. Financial Performance
14.3.3. Product Portfolio
14.3.4. Strategic Initiatives
14.4. ABB Ltd.
14.4.1. Company Overview
14.4.2. Financial Performance
14.4.3. Product Portfolio
14.4.4. Strategic Initiatives
14.5. American Electric Technologies Inc. (AETI)
14.5.1. Company Overview
14.5.2. Financial Performance
14.5.3. Product Portfolio
14.5.4. Strategic Initiatives
14.6. GE Energy Power Conversion
14.6.1. Company Overview
14.6.2. Financial Performance
14.6.3. Product Portfolio
14.6.4. Strategic Initiatives
14.7. Hitachi Ltd.
14.7.1. Company Overview
14.7.2. Financial Performance
14.7.3. Product Portfolio
14.7.4. Strategic Initiatives
14.8. Honeywell International Inc.
14.8.1. Company Overview
14.8.2. Financial Performance
14.8.3. Product Portfolio
14.8.4. Strategic Initiatives
14.9. Johnson Controls Inc.
14.9.1. Company Overview
14.9.2. Financial Performance
14.9.3. Product Portfolio
14.9.4. Strategic Initiatives
14.10. Schneider Electric
14.10.1. Company Overview
14.10.2. Financial Performance
14.10.3. Product Portfolio
14.10.4. Strategic Initiatives