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Global Verified Frequency Driver (VFD) Market Research Report 2025
Synopsis
A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor.
Other names for a VFD are variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, Microdrive, and inverter.
The global Verified Frequency Driver (VFD) market was valued at US$ 19440 million in 2023 and is anticipated to reach US$ 25670 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
Global Verified Frequency Driver (VFD) key players include ABB, Siemens AG, Schneider Electric, etc. Global top three manufacturers hold a share over 40%.
China is the largest market, with a share about 20%, followed by North America, and Europe, both have a share over 40 percent.
In terms of product, Low Voltage (0-690V) is the largest segment, with a share over 70%. And in terms of application, the largest application is Elevators, followed by Fans, etc.
This report aims to provide a comprehensive presentation of the global market for Verified Frequency Driver (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 Verified Frequency Driver (VFD).
Report Scope
The Verified Frequency Driver (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 Verified Frequency Driver (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 Verified Frequency Driver (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.
Market Segmentation
By Company
ABB
Siemens AG
Schneider Electric
Emerson Electric
Yaskawa Electric
Mitsubishi
Hitachi Ltd
Danfoss
Toshiba
Fuji Electric
Rockwell Automation
Inovance
Hiconics
INVT
Slanvert
EURA Drives
Segment by Type
Low Voltage (0-690V)
Medium Voltage (690V-3000V)
High Voltage (3 kV-10 kV)
Segment by Application
Pumps
Fans
Compressors
Conveyors
Elevators
Extruders
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Verified Frequency Driver (VFD) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Verified Frequency Driver (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 Verified Frequency Driver (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.
A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor.
Other names for a VFD are variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, Microdrive, and inverter.
The global Verified Frequency Driver (VFD) market was valued at US$ 19440 million in 2023 and is anticipated to reach US$ 25670 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
Global Verified Frequency Driver (VFD) key players include ABB, Siemens AG, Schneider Electric, etc. Global top three manufacturers hold a share over 40%.
China is the largest market, with a share about 20%, followed by North America, and Europe, both have a share over 40 percent.
In terms of product, Low Voltage (0-690V) is the largest segment, with a share over 70%. And in terms of application, the largest application is Elevators, followed by Fans, etc.
This report aims to provide a comprehensive presentation of the global market for Verified Frequency Driver (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 Verified Frequency Driver (VFD).
Report Scope
The Verified Frequency Driver (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 Verified Frequency Driver (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 Verified Frequency Driver (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.
Market Segmentation
By Company
ABB
Siemens AG
Schneider Electric
Emerson Electric
Yaskawa Electric
Mitsubishi
Hitachi Ltd
Danfoss
Toshiba
Fuji Electric
Rockwell Automation
Inovance
Hiconics
INVT
Slanvert
EURA Drives
Segment by Type
Low Voltage (0-690V)
Medium Voltage (690V-3000V)
High Voltage (3 kV-10 kV)
Segment by Application
Pumps
Fans
Compressors
Conveyors
Elevators
Extruders
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Verified Frequency Driver (VFD) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Verified Frequency Driver (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 Verified Frequency Driver (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.
Index1 Verified Frequency Driver (VFD) Market Overview
1.1 Product Definition
1.2 Verified Frequency Driver (VFD) Segment by Type
1.2.1 Global Verified Frequency Driver (VFD) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Low Voltage (0-690V)
1.2.3 Medium Voltage (690V-3000V)
1.2.4 High Voltage (3 kV-10 kV)
1.3 Verified Frequency Driver (VFD) Segment by Application
1.3.1 Global Verified Frequency Driver (VFD) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Pumps
1.3.3 Fans
1.3.4 Compressors
1.3.5 Conveyors
1.3.6 Elevators
1.3.7 Extruders
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Verified Frequency Driver (VFD) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Verified Frequency Driver (VFD) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Verified Frequency Driver (VFD) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Verified Frequency Driver (VFD) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Verified Frequency Driver (VFD) Production Market Share by Manufacturers (2019-2024)
2.2 Global Verified Frequency Driver (VFD) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Verified Frequency Driver (VFD), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Verified Frequency Driver (VFD) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Verified Frequency Driver (VFD) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Verified Frequency Driver (VFD), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Verified Frequency Driver (VFD), Product Offered and Application
2.8 Global Key Manufacturers of Verified Frequency Driver (VFD), Date of Enter into This Industry
2.9 Verified Frequency Driver (VFD) Market Competitive Situation and Trends
2.9.1 Verified Frequency Driver (VFD) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Verified Frequency Driver (VFD) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Verified Frequency Driver (VFD) Production by Region
3.1 Global Verified Frequency Driver (VFD) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Verified Frequency Driver (VFD) Production Value by Region (2019-2030)
3.2.1 Global Verified Frequency Driver (VFD) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Verified Frequency Driver (VFD) by Region (2025-2030)
3.3 Global Verified Frequency Driver (VFD) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Verified Frequency Driver (VFD) Production by Region (2019-2030)
3.4.1 Global Verified Frequency Driver (VFD) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Verified Frequency Driver (VFD) by Region (2025-2030)
3.5 Global Verified Frequency Driver (VFD) Market Price Analysis by Region (2019-2024)
3.6 Global Verified Frequency Driver (VFD) Production and Value, Year-over-Year Growth
3.6.1 North America Verified Frequency Driver (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Verified Frequency Driver (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Verified Frequency Driver (VFD) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Verified Frequency Driver (VFD) Production Value Estimates and Forecasts (2019-2030)
4 Verified Frequency Driver (VFD) Consumption by Region
4.1 Global Verified Frequency Driver (VFD) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Verified Frequency Driver (VFD) Consumption by Region (2019-2030)
4.2.1 Global Verified Frequency Driver (VFD) Consumption by Region (2019-2024)
4.2.2 Global Verified Frequency Driver (VFD) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Verified Frequency Driver (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Verified Frequency Driver (VFD) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Verified Frequency Driver (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Verified Frequency Driver (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 Verified Frequency Driver (VFD) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Verified Frequency Driver (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 Verified Frequency Driver (VFD) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Verified Frequency Driver (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 Verified Frequency Driver (VFD) Production by Type (2019-2030)
5.1.1 Global Verified Frequency Driver (VFD) Production by Type (2019-2024)
5.1.2 Global Verified Frequency Driver (VFD) Production by Type (2025-2030)
5.1.3 Global Verified Frequency Driver (VFD) Production Market Share by Type (2019-2030)
5.2 Global Verified Frequency Driver (VFD) Production Value by Type (2019-2030)
5.2.1 Global Verified Frequency Driver (VFD) Production Value by Type (2019-2024)
5.2.2 Global Verified Frequency Driver (VFD) Production Value by Type (2025-2030)
5.2.3 Global Verified Frequency Driver (VFD) Production Value Market Share by Type (2019-2030)
5.3 Global Verified Frequency Driver (VFD) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Verified Frequency Driver (VFD) Production by Application (2019-2030)
6.1.1 Global Verified Frequency Driver (VFD) Production by Application (2019-2024)
6.1.2 Global Verified Frequency Driver (VFD) Production by Application (2025-2030)
6.1.3 Global Verified Frequency Driver (VFD) Production Market Share by Application (2019-2030)
6.2 Global Verified Frequency Driver (VFD) Production Value by Application (2019-2030)
6.2.1 Global Verified Frequency Driver (VFD) Production Value by Application (2019-2024)
6.2.2 Global Verified Frequency Driver (VFD) Production Value by Application (2025-2030)
6.2.3 Global Verified Frequency Driver (VFD) Production Value Market Share by Application (2019-2030)
6.3 Global Verified Frequency Driver (VFD) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Verified Frequency Driver (VFD) Corporation Information
7.1.2 ABB Verified Frequency Driver (VFD) Product Portfolio
7.1.3 ABB Verified Frequency Driver (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 AG
7.2.1 Siemens AG Verified Frequency Driver (VFD) Corporation Information
7.2.2 Siemens AG Verified Frequency Driver (VFD) Product Portfolio
7.2.3 Siemens AG Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens AG Main Business and Markets Served
7.2.5 Siemens AG Recent Developments/Updates
7.3 Schneider Electric
7.3.1 Schneider Electric Verified Frequency Driver (VFD) Corporation Information
7.3.2 Schneider Electric Verified Frequency Driver (VFD) Product Portfolio
7.3.3 Schneider Electric Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric Main Business and Markets Served
7.3.5 Schneider Electric Recent Developments/Updates
7.4 Emerson Electric
7.4.1 Emerson Electric Verified Frequency Driver (VFD) Corporation Information
7.4.2 Emerson Electric Verified Frequency Driver (VFD) Product Portfolio
7.4.3 Emerson Electric Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Emerson Electric Main Business and Markets Served
7.4.5 Emerson Electric Recent Developments/Updates
7.5 Yaskawa Electric
7.5.1 Yaskawa Electric Verified Frequency Driver (VFD) Corporation Information
7.5.2 Yaskawa Electric Verified Frequency Driver (VFD) Product Portfolio
7.5.3 Yaskawa Electric Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Yaskawa Electric Main Business and Markets Served
7.5.5 Yaskawa Electric Recent Developments/Updates
7.6 Mitsubishi
7.6.1 Mitsubishi Verified Frequency Driver (VFD) Corporation Information
7.6.2 Mitsubishi Verified Frequency Driver (VFD) Product Portfolio
7.6.3 Mitsubishi Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mitsubishi Main Business and Markets Served
7.6.5 Mitsubishi Recent Developments/Updates
7.7 Hitachi Ltd
7.7.1 Hitachi Ltd Verified Frequency Driver (VFD) Corporation Information
7.7.2 Hitachi Ltd Verified Frequency Driver (VFD) Product Portfolio
7.7.3 Hitachi Ltd Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hitachi Ltd Main Business and Markets Served
7.7.5 Hitachi Ltd Recent Developments/Updates
7.8 Danfoss
7.8.1 Danfoss Verified Frequency Driver (VFD) Corporation Information
7.8.2 Danfoss Verified Frequency Driver (VFD) Product Portfolio
7.8.3 Danfoss Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Danfoss Main Business and Markets Served
7.7.5 Danfoss Recent Developments/Updates
7.9 Toshiba
7.9.1 Toshiba Verified Frequency Driver (VFD) Corporation Information
7.9.2 Toshiba Verified Frequency Driver (VFD) Product Portfolio
7.9.3 Toshiba Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Toshiba Main Business and Markets Served
7.9.5 Toshiba Recent Developments/Updates
7.10 Fuji Electric
7.10.1 Fuji Electric Verified Frequency Driver (VFD) Corporation Information
7.10.2 Fuji Electric Verified Frequency Driver (VFD) Product Portfolio
7.10.3 Fuji Electric Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Fuji Electric Main Business and Markets Served
7.10.5 Fuji Electric Recent Developments/Updates
7.11 Rockwell Automation
7.11.1 Rockwell Automation Verified Frequency Driver (VFD) Corporation Information
7.11.2 Rockwell Automation Verified Frequency Driver (VFD) Product Portfolio
7.11.3 Rockwell Automation Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Rockwell Automation Main Business and Markets Served
7.11.5 Rockwell Automation Recent Developments/Updates
7.12 Inovance
7.12.1 Inovance Verified Frequency Driver (VFD) Corporation Information
7.12.2 Inovance Verified Frequency Driver (VFD) Product Portfolio
7.12.3 Inovance Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Inovance Main Business and Markets Served
7.12.5 Inovance Recent Developments/Updates
7.13 Hiconics
7.13.1 Hiconics Verified Frequency Driver (VFD) Corporation Information
7.13.2 Hiconics Verified Frequency Driver (VFD) Product Portfolio
7.13.3 Hiconics Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Hiconics Main Business and Markets Served
7.13.5 Hiconics Recent Developments/Updates
7.14 INVT
7.14.1 INVT Verified Frequency Driver (VFD) Corporation Information
7.14.2 INVT Verified Frequency Driver (VFD) Product Portfolio
7.14.3 INVT Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 INVT Main Business and Markets Served
7.14.5 INVT Recent Developments/Updates
7.15 Slanvert
7.15.1 Slanvert Verified Frequency Driver (VFD) Corporation Information
7.15.2 Slanvert Verified Frequency Driver (VFD) Product Portfolio
7.15.3 Slanvert Verified Frequency Driver (VFD) Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Slanvert Main Business and Markets Served
7.15.5 Slanvert Recent Developments/Updates
7.16 EURA Drives
7.16.1 EURA Drives Verified Frequency Driver (VFD) Corporation Information
7.16.2 EURA Drives Verified Frequency Driver (VFD) Product Portfolio
7.16.3 EURA Drives Verified Frequency Driver (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
8 Industry Chain and Sales Channels Analysis
8.1 Verified Frequency Driver (VFD) Industry Chain Analysis
8.2 Verified Frequency Driver (VFD) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Verified Frequency Driver (VFD) Production Mode & Process
8.4 Verified Frequency Driver (VFD) Sales and Marketing
8.4.1 Verified Frequency Driver (VFD) Sales Channels
8.4.2 Verified Frequency Driver (VFD) Distributors
8.5 Verified Frequency Driver (VFD) Customers
9 Verified Frequency Driver (VFD) Market Dynamics
9.1 Verified Frequency Driver (VFD) Industry Trends
9.2 Verified Frequency Driver (VFD) Market Drivers
9.3 Verified Frequency Driver (VFD) Market Challenges
9.4 Verified Frequency Driver (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
Published By : QY Research
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