Variable Frequency Drives Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2026

Price: 4200/- USD | Last Updated: March 9th, 2020


The global variable frequency drive market size was valued at more than USD 22 billion and expected to register a significant CAGR over 6.2% during the forecast period 2020 to 2026. The increasing rate of urbanization and industrialization is increasing consumer demand, which will result in the growth of industrial and manufacturing sectors, leading to increased demand for VFDs in the forecast period. The market is segmented on the basis of product type, power range, application, end-use, and region. In the application segment, HVAC is expected to register the highest CAGR around 8% during the forecast period.

The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of variable frequency drives industry. This report provides market estimates and forecast for the period 2018-2026, along with respective CAGRs for each segment and regional distribution for the period 2020-2026. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.

Historical & Forecast Period

  • 2018 - Historical Year for variable frequency drives Market
  • 2019 - Base Year for variable frequency drives Market
  • 2020-2026 - Forecast Period for variable frequency drives Market

The variable frequency drives market report offers a primary overview of the variable frequency drives industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the variable frequency drives industry.

Variable Frequency Drives Market Segmentation:

By Product Type:

  • AC Drives
  • DC Drives
  • Servo Drives

By Power Range:

By Application:

By End-Use:

  • Oil & Gas
  • Power Generation
  • Industrial
  • Infrastructure
  • Automotive
  • Food & Beverages
  • Others

List of Key Companies:

  • General Electric
  • Hitachi, Ltd.
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens AG
  • The Danfoss Group

Variable Frequency Drives Market Report Scope

This report provides an investigative analysis of the variable frequency drives market encapsulated in detailed sections such as

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Geographic Coverage

Geographically, the variable frequency drives Market report comprises dedicated sections centering on the regional market revenue and trends. The variable frequency drives market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The variable frequency drives market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. variable frequency drives Market estimates have also been provided for the historical years 2017 & 2018 along with forecast for the period from 2018 - 2026.

  • North America variable frequency drives Market Revenue and Forecast
  • Europe variable frequency drives Market Revenue and Forecast
  • Asia Pacific variable frequency drives Market Revenue and Forecast
  • Latin America variable frequency drives Market Revenue and Forecast
  • Middle East and Africa variable frequency drives Market Revenue and Forecast

Key Questions Answered by Variable Frequency Drives Market Report

  • Market size and forecast of the variable frequency drives market for the period from 2018 to 2026
  • Compounded annual growth rate (CAGR%) for individual segments in various regional markets through 2025
  • Value chain analysis
  • Market share analysis combined with competitive landscape of key players
  • Profiles of key market players covering overall business operations, geographic presence, product portfolio, financial status and news coverage
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