Variable Frequency Drives Market Report by Product Type (AC Drives, DC Drives, Servo Drives), Power Range (Micro (0-5 kW), Low (6-40 kW), Medium (41-200 kW), High (>200 kW)), Application (Pumps, Fans, Conveyors, HVAC, Extruders, and Others), End Use (Oil and Gas, Power Generation, Industrial, Infrastructure, Automotive, Food and Beverages, and Others), and Region 2024-2032

Variable Frequency Drives Market Report by Product Type (AC Drives, DC Drives, Servo Drives), Power Range (Micro (0-5 kW), Low (6-40 kW), Medium (41-200 kW), High (>200 kW)), Application (Pumps, Fans, Conveyors, HVAC, Extruders, and Others), End Use (Oil and Gas, Power Generation, Industrial, Infrastructure, Automotive, Food and Beverages, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5764
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1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Variable Frequency Drives Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    AC Drives
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    DC Drives
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Servo Drives
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Power Range
    7.1    Micro (0-5 kW)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Low (6-40 kW)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Medium (41-200 kW)
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    High (>200 kW)
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Application
    8.1    Pumps
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fans
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Conveyors
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    HVAC
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Extruders
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by End Use
    9.1    Oil and Gas
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Power Generation
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Industrial
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Infrastructure
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Automotive
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Food and Beverages
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    ABB Ltd.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Danfoss A/S
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 SWOT Analysis
        15.3.3    Eaton Corporation PLC
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Fuji Electric Co. Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    General Electric Company
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Hitachi Ltd.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Honeywell International Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    Johnson Controls International PLC
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Mitsubishi Electric Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Nidec Motor Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Rockwell Automation Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Schneider Electric SE
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis
        15.3.13    Siemens AG
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 Financials
           15.3.13.4 SWOT Analysis
        15.3.14    Toshiba Corporation
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio
           15.3.14.3 Financials
           15.3.14.4 SWOT Analysis
        15.3.15    Yaskawa Electric Corporation
           15.3.15.1 Company Overview
           15.3.15.2 Product Portfolio
           15.3.15.3 Financials

List of Figures

Figure 1: Global: Variable Frequency Drives Market: Major Drivers and Challenges
Figure 2: Global: Variable Frequency Drives Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Variable Frequency Drives Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Variable Frequency Drives Market: Breakup by Product Type (in %), 2023
Figure 5: Global: Variable Frequency Drives Market: Breakup by Power Range (in %), 2023
Figure 6: Global: Variable Frequency Drives Market: Breakup by Application (in %), 2023
Figure 7: Global: Variable Frequency Drives Market: Breakup by End Use (in %), 2023
Figure 8: Global: Variable Frequency Drives Market: Breakup by Region (in %), 2023
Figure 9: Global: Variable Frequency Drives (AC Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Variable Frequency Drives (AC Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Variable Frequency Drives (DC Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Variable Frequency Drives (DC Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Variable Frequency Drives (Servo Drives) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Variable Frequency Drives (Servo Drives) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Variable Frequency Drives (Micro (0-5 kW)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Variable Frequency Drives (Micro (0-5 kW)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Variable Frequency Drives (Low (6-40 kW)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Variable Frequency Drives (Low (6-40 kW)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Variable Frequency Drives (Medium (41-200 kW)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Variable Frequency Drives (Medium (41-200 kW)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Variable Frequency Drives (High (>200 kW)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Variable Frequency Drives (High (>200 kW)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Variable Frequency Drives (Pumps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Variable Frequency Drives (Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Variable Frequency Drives (Fans) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Variable Frequency Drives (Fans) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Variable Frequency Drives (Conveyors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Variable Frequency Drives (Conveyors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Variable Frequency Drives (HVAC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Variable Frequency Drives (HVAC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Variable Frequency Drives (Extruders) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Variable Frequency Drives (Extruders) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Variable Frequency Drives (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Variable Frequency Drives (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Variable Frequency Drives (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Variable Frequency Drives (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Variable Frequency Drives (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Variable Frequency Drives (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Variable Frequency Drives (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Variable Frequency Drives (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Variable Frequency Drives (Infrastructure) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Variable Frequency Drives (Infrastructure) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Variable Frequency Drives (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Variable Frequency Drives (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Variable Frequency Drives (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Variable Frequency Drives (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Global: Variable Frequency Drives (Other End Uses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Global: Variable Frequency Drives (Other End Uses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: North America: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: North America: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: United States: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: United States: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Canada: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Canada: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Asia-Pacific: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Asia-Pacific: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: China: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: China: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Japan: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Japan: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: India: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: India: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: South Korea: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: South Korea: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Australia: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Australia: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Indonesia: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Indonesia: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Others: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Others: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Europe: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Europe: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Germany: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Germany: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: France: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: France: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: United Kingdom: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: United Kingdom: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Italy: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Italy: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Spain: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Spain: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Russia: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Russia: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Latin America: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Latin America: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Brazil: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Brazil: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Mexico: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Mexico: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Others: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Others: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Middle East and Africa: Variable Frequency Drives Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Middle East and Africa: Variable Frequency Drives Market: Breakup by Country (in %), 2023
Figure 97: Middle East and Africa: Variable Frequency Drives Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Global: Variable Frequency Drives Industry: SWOT Analysis
Figure 99: Global: Variable Frequency Drives Industry: Value Chain Analysis
Figure 100: Global: Variable Frequency Drives Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Variable Frequency Drives Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Variable Frequency Drives Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 3: Global: Variable Frequency Drives Market Forecast: Breakup by Power Range (in Million US$), 2024-2032
Table 4: Global: Variable Frequency Drives Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Variable Frequency Drives Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 6: Global: Variable Frequency Drives Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Variable Frequency Drives Market: Competitive Structure
Table 8: Global: Variable Frequency Drives Market: Key Players

Variable Frequency Drives Market Report by Product Type (AC Drives, DC Drives, Servo Drives), Power Range (Micro (0-5 kW), Low (6-40 kW), Medium (41-200 kW), High (>200 kW)), Application (Pumps, Fans, Conveyors, HVAC, Extruders, and Others), End Use (Oil and Gas, Power Generation, Industrial, Infrastructure, Automotive, Food and Beverages, and Others), and Region 2024-2032
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Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

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MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

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Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

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Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

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ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

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Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

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Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

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Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

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