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Variable Frequency Drivers-Global Market Insights and Sales Trends 2025

Variable Frequency Drivers-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1853495

No of Pages : 106

Synopsis
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 size is expected to reach US$ 18360 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Variable Frequency Drivers in various end use industries. The expanding demands from the HVAC Control System, Food Processing, Petrochemicals and Mining and Metals, are propelling Variable Frequency Drivers market. AC Drivers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Drivers segment is estimated at % CAGR for the next seven-year period.
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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Variable Frequency Drivers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Variable Frequency Drivers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Variable Frequency Drivers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Frequency Drivers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Variable Frequency Drivers covered in this report include ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric (France), Danfoss (Denmark), Rockwell Automation, Inc. (U.S.), WEG (Brazil), Yaskawa Electric Corporation (Japan), Eaton Corporation Plc. (Ireland) and General Electric (U.S.), etc.
The global Variable Frequency Drivers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd. (Switzerland)
Siemens AG (Germany)
Schneider Electric (France)
Danfoss (Denmark)
Rockwell Automation, Inc. (U.S.)
WEG (Brazil)
Yaskawa Electric Corporation (Japan)
Eaton Corporation Plc. (Ireland)
General Electric (U.S.)
Emerson Electric Co. (U.S.)
Hitachi, Ltd. (Japan)
Crompton Greaves (India)
Mitsubishi Electric Corporation (Japan)
Fuji Electric Co., Ltd. (Japan)
Global Variable Frequency Drivers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Frequency Drivers market, Segment by Type:
AC Drivers
DC Drivers
Servo Drivers
Global Variable Frequency Drivers market, by Application
HVAC Control System
Food Processing
Petrochemicals
Mining and Metals
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Variable Frequency Drivers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Variable Frequency Drivers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Variable Frequency Drivers Market Overview
1.1 Variable Frequency Drivers Product Overview
1.2 Variable Frequency Drivers Market Segment by Type
1.2.1 AC Drivers
1.2.2 DC Drivers
1.2.3 Servo Drivers
1.3 Global Variable Frequency Drivers Market Size by Type
1.3.1 Global Variable Frequency Drivers Market Size Overview by Type (2018-2029)
1.3.2 Global Variable Frequency Drivers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Variable Frequency Drivers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Variable Frequency Drivers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Variable Frequency Drivers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Variable Frequency Drivers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Variable Frequency Drivers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Variable Frequency Drivers Sales Breakdown by Type (2018-2023)
2 Global Variable Frequency Drivers Market Competition by Company
2.1 Global Top Players by Variable Frequency Drivers Sales (2018-2023)
2.2 Global Top Players by Variable Frequency Drivers Revenue (2018-2023)
2.3 Global Top Players by Variable Frequency Drivers Price (2018-2023)
2.4 Global Top Manufacturers Variable Frequency Drivers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Variable Frequency Drivers Market Competitive Situation and Trends
2.5.1 Variable Frequency Drivers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Variable Frequency Drivers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Variable Frequency Drivers as of 2022)
2.7 Date of Key Manufacturers Enter into Variable Frequency Drivers Market
2.8 Key Manufacturers Variable Frequency Drivers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Variable Frequency Drivers Status and Outlook by Region
3.1 Global Variable Frequency Drivers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Variable Frequency Drivers Historic Market Size by Region
3.2.1 Global Variable Frequency Drivers Sales in Volume by Region (2018-2023)
3.2.2 Global Variable Frequency Drivers Sales in Value by Region (2018-2023)
3.2.3 Global Variable Frequency Drivers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Variable Frequency Drivers Forecasted Market Size by Region
3.3.1 Global Variable Frequency Drivers Sales in Volume by Region (2024-2029)
3.3.2 Global Variable Frequency Drivers Sales in Value by Region (2024-2029)
3.3.3 Global Variable Frequency Drivers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Variable Frequency Drivers by Application
4.1 Variable Frequency Drivers Market Segment by Application
4.1.1 HVAC Control System
4.1.2 Food Processing
4.1.3 Petrochemicals
4.1.4 Mining and Metals
4.1.5 Others
4.2 Global Variable Frequency Drivers Market Size by Application
4.2.1 Global Variable Frequency Drivers Market Size Overview by Application (2018-2029)
4.2.2 Global Variable Frequency Drivers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Variable Frequency Drivers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Variable Frequency Drivers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Variable Frequency Drivers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Variable Frequency Drivers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Variable Frequency Drivers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Variable Frequency Drivers Sales Breakdown by Application (2018-2023)
5 North America Variable Frequency Drivers by Country
5.1 North America Variable Frequency Drivers Historic Market Size by Country
5.1.1 North America Variable Frequency Drivers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Variable Frequency Drivers Sales in Volume by Country (2018-2023)
5.1.3 North America Variable Frequency Drivers Sales in Value by Country (2018-2023)
5.2 North America Variable Frequency Drivers Forecasted Market Size by Country
5.2.1 North America Variable Frequency Drivers Sales in Volume by Country (2024-2029)
5.2.2 North America Variable Frequency Drivers Sales in Value by Country (2024-2029)
6 Europe Variable Frequency Drivers by Country
6.1 Europe Variable Frequency Drivers Historic Market Size by Country
6.1.1 Europe Variable Frequency Drivers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Variable Frequency Drivers Sales in Volume by Country (2018-2023)
6.1.3 Europe Variable Frequency Drivers Sales in Value by Country (2018-2023)
6.2 Europe Variable Frequency Drivers Forecasted Market Size by Country
6.2.1 Europe Variable Frequency Drivers Sales in Volume by Country (2024-2029)
6.2.2 Europe Variable Frequency Drivers Sales in Value by Country (2024-2029)
7 Asia-Pacific Variable Frequency Drivers by Region
7.1 Asia-Pacific Variable Frequency Drivers Historic Market Size by Region
7.1.1 Asia-Pacific Variable Frequency Drivers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Variable Frequency Drivers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Variable Frequency Drivers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Variable Frequency Drivers Forecasted Market Size by Region
7.2.1 Asia-Pacific Variable Frequency Drivers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Variable Frequency Drivers Sales in Value by Region (2024-2029)
8 Latin America Variable Frequency Drivers by Country
8.1 Latin America Variable Frequency Drivers Historic Market Size by Country
8.1.1 Latin America Variable Frequency Drivers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Variable Frequency Drivers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Variable Frequency Drivers Sales in Value by Country (2018-2023)
8.2 Latin America Variable Frequency Drivers Forecasted Market Size by Country
8.2.1 Latin America Variable Frequency Drivers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Variable Frequency Drivers Sales in Value by Country (2024-2029)
9 Middle East and Africa Variable Frequency Drivers by Country
9.1 Middle East and Africa Variable Frequency Drivers Historic Market Size by Country
9.1.1 Middle East and Africa Variable Frequency Drivers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Variable Frequency Drivers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Variable Frequency Drivers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Variable Frequency Drivers Forecasted Market Size by Country
9.2.1 Middle East and Africa Variable Frequency Drivers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Variable Frequency Drivers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB Ltd. (Switzerland)
10.1.1 ABB Ltd. (Switzerland) Company Information
10.1.2 ABB Ltd. (Switzerland) Introduction and Business Overview
10.1.3 ABB Ltd. (Switzerland) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Ltd. (Switzerland) Variable Frequency Drivers Products Offered
10.1.5 ABB Ltd. (Switzerland) Recent Development
10.2 Siemens AG (Germany)
10.2.1 Siemens AG (Germany) Company Information
10.2.2 Siemens AG (Germany) Introduction and Business Overview
10.2.3 Siemens AG (Germany) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens AG (Germany) Variable Frequency Drivers Products Offered
10.2.5 Siemens AG (Germany) Recent Development
10.3 Schneider Electric (France)
10.3.1 Schneider Electric (France) Company Information
10.3.2 Schneider Electric (France) Introduction and Business Overview
10.3.3 Schneider Electric (France) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric (France) Variable Frequency Drivers Products Offered
10.3.5 Schneider Electric (France) Recent Development
10.4 Danfoss (Denmark)
10.4.1 Danfoss (Denmark) Company Information
10.4.2 Danfoss (Denmark) Introduction and Business Overview
10.4.3 Danfoss (Denmark) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Danfoss (Denmark) Variable Frequency Drivers Products Offered
10.4.5 Danfoss (Denmark) Recent Development
10.5 Rockwell Automation, Inc. (U.S.)
10.5.1 Rockwell Automation, Inc. (U.S.) Company Information
10.5.2 Rockwell Automation, Inc. (U.S.) Introduction and Business Overview
10.5.3 Rockwell Automation, Inc. (U.S.) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rockwell Automation, Inc. (U.S.) Variable Frequency Drivers Products Offered
10.5.5 Rockwell Automation, Inc. (U.S.) Recent Development
10.6 WEG (Brazil)
10.6.1 WEG (Brazil) Company Information
10.6.2 WEG (Brazil) Introduction and Business Overview
10.6.3 WEG (Brazil) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WEG (Brazil) Variable Frequency Drivers Products Offered
10.6.5 WEG (Brazil) Recent Development
10.7 Yaskawa Electric Corporation (Japan)
10.7.1 Yaskawa Electric Corporation (Japan) Company Information
10.7.2 Yaskawa Electric Corporation (Japan) Introduction and Business Overview
10.7.3 Yaskawa Electric Corporation (Japan) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Yaskawa Electric Corporation (Japan) Variable Frequency Drivers Products Offered
10.7.5 Yaskawa Electric Corporation (Japan) Recent Development
10.8 Eaton Corporation Plc. (Ireland)
10.8.1 Eaton Corporation Plc. (Ireland) Company Information
10.8.2 Eaton Corporation Plc. (Ireland) Introduction and Business Overview
10.8.3 Eaton Corporation Plc. (Ireland) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Eaton Corporation Plc. (Ireland) Variable Frequency Drivers Products Offered
10.8.5 Eaton Corporation Plc. (Ireland) Recent Development
10.9 General Electric (U.S.)
10.9.1 General Electric (U.S.) Company Information
10.9.2 General Electric (U.S.) Introduction and Business Overview
10.9.3 General Electric (U.S.) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 General Electric (U.S.) Variable Frequency Drivers Products Offered
10.9.5 General Electric (U.S.) Recent Development
10.10 Emerson Electric Co. (U.S.)
10.10.1 Emerson Electric Co. (U.S.) Company Information
10.10.2 Emerson Electric Co. (U.S.) Introduction and Business Overview
10.10.3 Emerson Electric Co. (U.S.) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Emerson Electric Co. (U.S.) Variable Frequency Drivers Products Offered
10.10.5 Emerson Electric Co. (U.S.) Recent Development
10.11 Hitachi, Ltd. (Japan)
10.11.1 Hitachi, Ltd. (Japan) Company Information
10.11.2 Hitachi, Ltd. (Japan) Introduction and Business Overview
10.11.3 Hitachi, Ltd. (Japan) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hitachi, Ltd. (Japan) Variable Frequency Drivers Products Offered
10.11.5 Hitachi, Ltd. (Japan) Recent Development
10.12 Crompton Greaves (India)
10.12.1 Crompton Greaves (India) Company Information
10.12.2 Crompton Greaves (India) Introduction and Business Overview
10.12.3 Crompton Greaves (India) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Crompton Greaves (India) Variable Frequency Drivers Products Offered
10.12.5 Crompton Greaves (India) Recent Development
10.13 Mitsubishi Electric Corporation (Japan)
10.13.1 Mitsubishi Electric Corporation (Japan) Company Information
10.13.2 Mitsubishi Electric Corporation (Japan) Introduction and Business Overview
10.13.3 Mitsubishi Electric Corporation (Japan) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Mitsubishi Electric Corporation (Japan) Variable Frequency Drivers Products Offered
10.13.5 Mitsubishi Electric Corporation (Japan) Recent Development
10.14 Fuji Electric Co., Ltd. (Japan)
10.14.1 Fuji Electric Co., Ltd. (Japan) Company Information
10.14.2 Fuji Electric Co., Ltd. (Japan) Introduction and Business Overview
10.14.3 Fuji Electric Co., Ltd. (Japan) Variable Frequency Drivers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Fuji Electric Co., Ltd. (Japan) Variable Frequency Drivers Products Offered
10.14.5 Fuji Electric Co., Ltd. (Japan) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Variable Frequency Drivers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Variable Frequency Drivers Industrial Chain Analysis
11.4 Variable Frequency Drivers Market Dynamics
11.4.1 Variable Frequency Drivers Industry Trends
11.4.2 Variable Frequency Drivers Market Drivers
11.4.3 Variable Frequency Drivers Market Challenges
11.4.4 Variable Frequency Drivers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Variable Frequency Drivers Distributors
12.3 Variable Frequency Drivers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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