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