Variable Frequency Drive Market by Type (AC, DC, Servo), Application (Pumps, Fans, Compressors, Conveyors), End User (Industrial, Infrastructure, Oil & Gas, Power), Power Rating (Micro, Low, Medium, High), Voltage and Region - Global Forecast to 2027

Variable Frequency Drive Market by Type (AC, DC, Servo), Application (Pumps, Fans, Compressors, Conveyors), End User (Industrial, Infrastructure, Oil & Gas, Power), Power Rating (Micro, Low, Medium, High), Voltage and Region - Global Forecast to 2027

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.2.1 Variable Frequency Drive Market, By Power Rating: Inclusions And Exclusions
1.2.2 Variable Frequency Drive Market, By End User: Inclusions And Exclusions
1.2.3 Variable Frequency Drive Market, By Type: Inclusions And Exclusions
1.2.4 Variable Frequency Drive Market, By Application: Inclusions And Exclusions
1.2.5 Variable Frequency Drive Market, By Voltage: Inclusions And Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Variable Frequency Drive Market: Research Design
2.2 Market Breakdown And Data Triangulation
Figure 2 Data Triangulation
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Breakdown Of Primaries
2.3 Matrix Considered For Demand Side Assessment
Figure 3 Main Matrix Considered While Assessing Demand For Variable Frequency Drives
2.4 Market Size Estimation
2.4.1 Demand Side Matrix
Figure 4 Variable Frequency Drive Market: Industry-Region/ Country-Wise Analysis
2.4.1.1 Calculation For Demand Side Analysis
2.4.1.2 Key Assumptions While Calculating Demand Side Market Size
2.4.2 Supply Side Matrix
Figure 5 Key Steps Considered For Assessing Supply Of Variable Frequency Drives
2.4.2.1 Calculations For Supply Side Analysis
Figure 6 Variable Frequency Drive Market: Supply Side Analysis
2.4.2.2 Assumptions While Calculating Supply Side Market Size
Figure 7 Company Revenue Analysis, 2021
2.4.3 Forecast

3 Executive Summary
Table 1 Variable Frequency Drive Market Snapshot
Figure 8 Ac Drive Segment To Lead Variable Frequency Drive Market, By Type, During Forecast Period
Figure 9 Low Voltage Segment To Lead Variable Frequency Drive Market, By Voltage, During Forecast Period
Figure 10 Low Power Drive Segment To Lead Variable Frequency Drive Market, By Power Rating, During Forecast Period
Figure 11 Pumps Segment To Lead Variable Frequency Drive Market, By Application, During Forecast Period
Figure 12 Industrial Segment To Lead Variable Frequency Drive Market, By End User, During Forecast Period
Figure 13 Asia Pacific To Dominate Variable Frequency Drive Market Between 2022 And 2027

4 Premium Insights
4.1 Attractive Opportunities In Variable Frequency Drive Market
Figure 14 Growing Need For Enhancing Energy Efficiency And Achieving Cost Savings To Drive Growth Of Variable Frequency Drive Market, 2022–2027
4.2 Variable Frequency Drive Market, By Region
Figure 15 Asia Pacific Variable Frequency Drive Market To Register Highest Cagr During Forecast Period
4.3 Variable Frequency Drive Market, By Type
Figure 16 Ac Drives Segment Dominated Variable Frequency Drive Market In 2021
4.4 Variable Frequency Drive Market, By Voltage
Figure 17 Low Voltage Segment Dominated Variable Frequency Drive Market In 2021
4.5 Variable Frequency Drive Market, By Power Rating
Figure 18 Low Power Drive Segment Held Largest Share Of Variable Frequency Drive Market In 2021
4.6 Variable Frequency Drive Market, By Application
Figure 19 Pumps Segment Held Largest Share Of Variable Frequency Drive Market In 2021
4.7 Variable Frequency Drive Market, By End User
Figure 20 Industrial Segment Dominated Variable Frequency Drive Market In 2021

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 21 Variable Frequency Drive Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing Industrialization And Growing Demand For Energy Efficiency
5.2.1.2 Rising Need For Enhancing Energy Efficiency And Decreasing Energy Consumption
Table 2 Energy Savings Using Variable Frequency Drives (Vfds), 2021
Figure 22 Global Domestic Electricity Consumption, 2015–2020
5.2.1.3 Supportive Regulatory Environment For Efficient And Effective Energy Utilization
5.2.2 Restraints
5.2.2.1 Stagnant Growth Of Oil & Gas Industry And Decline In Exploration And Production Activities
Figure 23 Crude Oil Price Trend, 2017–2022 (Usd Per Barrel)
5.2.2.2 Increase In Maintenance Cost Of Systems After Implementation Of Variable Frequency Drives (Vfds)
5.2.3 Opportunities
5.2.3.1 Modernization Of Power Infrastructure
5.2.3.2 Growing Use Of Industrial Internet Of Things (Iot) And Robotics Technologies
5.2.4 Challenges
5.2.4.1 Availability Of Low-Cost Products In Gray Market
5.2.4.2 Shortage Of Components And Parts Due To Supply Chain Disruptions
Table 3 Region-/Country-Wise Percentage Deviations From Benchmarks Due To Covid-19
5.3 Porter’s Five Forces Analysis
Table 4 Variable Frequency Drive Market: Porter’s Five Forces Analysis
Figure 24 Porter’s Five Forces Analysis
5.3.1 Threat Of Substitutes
5.3.2 Bargaining Power Of Suppliers
5.3.3 Bargaining Power Of Buyers
5.3.4 Threat Of New Entrants
5.3.5 Intensity Of Competitive Rivalry
5.4 Key Stakeholders And Buying Criteria
5.4.1 Key Stakeholders In Buying Process
Figure 25 Influence Of Stakeholders In Buying Process, By End User
Table 5 Influence Of Stakeholders In Buying Process, By End User (%)
5.4.2 Buying Criteria
Figure 26 Key Buying Criteria For End Users
Table 6 Key Buying Criteria, By End User
5.5 Covid-19 Impact Analysis
5.5.1 Covid-19 Health Assessment
Figure 27 Covid-19 Global Propagation
Figure 28 Covid-19 Propagation In Selected Countries
5.5.2 Covid-19 Economic Assessment
Figure 29 Revised Gdp Forecasts For Selected G20 Countries In 2020
5.6 Average Selling Price Trend
Figure 30 Average Selling Prices Of Key Player Offerings For Power Rating
Table 7 Average Selling Prices Of Key Player Offerings For Power Rating (Usd)
5.7 Value Chain Analysis
Figure 31 Variable Frequency Drive Market: Value Chain
5.7.1 Raw Material Providers/Suppliers
5.7.2 Component Manufacturers
5.7.3 Assemblers/Manufacturers
5.7.4 Distributors/End Users And Post-Sales Services
5.8 Trends/Disruptions Impacting Customers’ Businesses
5.8.1 Revenue Shift And New Revenue Pockets For Variable Frequency Drive Manufacturers
Figure 32 Revenue Shift For Variable Frequency Drive Manufacturers
5.9 Technology Analysis
5.9.1 Permanent Magnet Motors
5.9.2 Wireless Diagnostic
5.9.3 Modular Memory
5.9.4 Predictive Maintenance
5.10 Key Conferences And Events Between 2022 And 2023
Table 8 Variable Frequency Drive Market: Detailed List Of Conferences And Events
5.11 Market Map
Figure 33 Market Map For Variable Frequency Drives
5.12 Innovations And Patent Registrations
Table 9 Variable Frequency Drive Market: Patents And Innovations
5.13 Trade Data Statistics
Table 10 Electric Motor: Import Statistics, 2018–2021 (Usd Million)
Table 11 Electric Motor: Export Statistics, 2018–2021 (Usd Million)
5.14 Case Study Analysis
5.14.1 Abb’s Ultra-Low Harmonic Drives Improved Energy Efficiency Of Ice-Making Process At Oulu Energy Arena, 2021
5.14.2 Danfoss Delivered Energy-Efficient Drives For Improving Indoor Air Quality In Delhi Metro, 2021
5.14.3 Abb’s Variable Frequency Drive Success, 2018
5.15 Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 13 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 14 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 15 Rest Of World: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 16 Global: List Of Regulatory Bodies, Government Agencies, And Other Organizations
5.15.1 Codes And Regulations Related To Variable Frequency Drives
Table 17 Asia Pacific: Codes And Regulations
Table 18 Europe And North America: Codes And Regulations
Table 19 Global: Codes And Regulations

6 Variable Frequency Drive Market, By Type
6.1 Introduction
Figure 34 Variable Frequency Drive Market, By Type, 2021
Table 20 Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
6.2 Ac Drive
6.2.1 Easy Availability And High Energy Efficiency Are Factors Driving Market Growth
Table 21 Ac Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
6.3 Dc Drive
6.3.1 Advantages Such As Speed Control And High-Speed Regulation To Propel Demand For Dc Drives
Table 22 Dc Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
6.4 Servo Drive
6.4.1 Increasing Applications In Closed-Loop Control And I/O Processing For Safety Components To Boost Growth Of Segment
Table 23 Servo Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)

7 Variable Frequency Drive Market, By Voltage
7.1 Introduction
Figure 35 Variable Frequency Drive Market, By Voltage, 2021
Table 24 Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
7.2 Low Voltage
7.2.1 Rising Applications Of Low Voltage Variable Frequency Drives To Fuel Market Growth
Table 25 Low Voltage: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
7.3 Medium Voltage
7.3.1 Growing Use Of Medium Voltage Variable Frequency Drives To Minimize Operating And Maintenance Costs To Drive Market Growth
Table 26 Medium Voltage: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)

8 Variable Frequency Drive Market, By Power Rating
8.1 Introduction
Figure 36 Variable Frequency Drive Market, By Power Rating, 2021
Table 27 Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
8.2 Micro Power Drive
8.2.1 Rapid Industrial And Urban Developments To Drive Market Growth
Table 28 Micro Power Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
8.3 Low Power Drive
8.3.1 Expanding Water & Wastewater Treatment Industry To Boost Demand For Low Power Variable Frequency Drives
Table 29 Low Power Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
8.4 Medium Power Drive
8.4.1 Growing Demand For Medium Power Drives In Oil & Gas Industry To Drive Market Growth
Table 30 Medium Power Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
8.5 High Power Drive
8.5.1 Growing Metal & Mining Industry To Drive Market Growth
Table 31 High Power Drive: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)

9 Variable Frequency Drive Market, By Application
9.1 Introduction
Figure 37 Pumps Segment Accounted For Largest Market Share In 2021
Table 32 Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
9.2 Pumps
9.2.1 Growing Need To Reduce Energy Consumption And Maintenance Costs To Drive Market Growth
Table 33 Pumps: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
9.3 Fans
9.3.1 Increasing Energy Costs To Fuel Market Growth
Table 34 Fans: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
9.4 Compressors
9.4.1 Growing Awareness Regarding Energy Saving And Increasing Implementation Of Energy-Efficient Solutions To Boost Demand For Variable Frequency Drives
Table 35 Compressors: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
9.5 Conveyors
9.5.1 Rising Need For Process Integration Of Conveyors To Fuel Demand For Variable Frequency Drives
Table 36 Conveyors: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
9.6 Others
Table 37 Others: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)

10 Variable Frequency Drive Market, By End User
10.1 Introduction
Figure 38 Industrial Segment Accounted For Largest Market Share In 2021
Table 38 Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
10.2 Oil & Gas
10.2.1 Rising Focus On Achieving Energy Efficiency And Growing Usage Of Motors On Large Scale To Drive Market Growth
Table 39 Oil & Gas: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
10.3 Industrial
10.3.1 Motorized Automation And Optimum Utilization Of Machines And Power To Fuel Demand For Variable Frequency Drives
Table 40 Industrial: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
10.4 Power
10.4.1 Increasing Emphasis On Energy Efficiency And Cost Reduction To Drive Market Growth
Table 41 Power: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
10.5 Infrastructure
10.5.1 Growing Need For Energy Optimization And Enhancing Energy Efficiency To Drive Market Growth
Table 42 Infrastructure: Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)

11 Variable Frequency Drive Market, By Region
11.1 Introduction
Figure 39 Variable Frequency Drive Market, By Region, 2021 (%)
Figure 40 Asia Pacific Variable Frequency Drive Market To Register Highest Cagr From 2022 To 2027
Table 43 Variable Frequency Drive Market, By Region, 2020–2027 (Usd Million)
Table 44 Variable Frequency Drive Market, By Region, 2020–2027 (Thousand Units)
11.2 Asia Pacific
Figure 41 Snapshot: Variable Frequency Drive Market In Asia Pacific
11.2.1 By Type
Table 45 Asia Pacific: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.2.2 By Voltage
Table 46 Asia Pacific: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.2.3 By Power Rating
Table 47 Asia Pacific: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.2.4 By Application
Table 48 Asia Pacific: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
11.2.5 By End User
Table 49 Asia Pacific: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6 By Country
Table 50 Asia Pacific: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.2.6.1 China
11.2.6.1.1 Rising Investments In Oil & Gas Industry And Industrial Sector To Fuel Demand For Variable Frequency Drives
Table 51 China: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.2 India
11.2.6.2.1 Government-Led Investments In Industrial Sector And Expanding Chemical And Metal & Mining Industries To Fuel Growth Of Variable Frequency Drive Market
Table 52 India: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.3 Australia
11.2.6.3.1 Favorable Government Policies For Lithium Mining And Increasing Investments In Wind Development Projects To Drive Market Growth In Australia
Table 53 Australia: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.4 Japan
11.2.6.4.1 Increasing Investments In Power Sector And Growing Demand For Lng To Drive Market Growth In Japan
Table 54 Japan: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.5 South Korea
11.2.6.5.1 Expanding Steel And Construction Industries To Drive Market Growth In South Korea
Table 55 South Korea: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.6 Indonesia
11.2.6.6.1 Development Of Petrochemical Products And Renewable Power Generation To Drive Market Growth In Indonesia
Table 56 Indonesia: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.2.6.7 Rest Of Asia Pacific
Table 57 Rest Of Asia Pacific: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.3 North America
Figure 42 North America Variable Frequency Drive Market: Snapshot
11.3.1 By Type
Table 58 North America: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.3.2 By Voltage
Table 59 North America: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.3.3 By Power Rating
Table 60 North America: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.3.4 By Application
Table 61 North America: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
11.3.5 By End User
Table 62 North America: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.3.6 By Country
Table 63 North America: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.3.6.1 Us
11.3.6.1.1 Increasing Investments In Oil & Gas And Chemical Industries And Rising Mining Exploration Activities To Drive Us Market Growth
Table 64 Us: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.3.6.2 Canada
11.3.6.2.1 Increasing Focus On Development Of Oil & Gas And Power Industries To Boost Demand For Variable Frequency Drives In Canada
Table 65 Canada: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.3.6.3 Mexico
11.3.6.3.1 Increasing Investments In Oil & Gas Industry And Development Of Water And Wastewater Treatment Infrastructure To Drive Market Growth In Mexico
Table 66 Mexico: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4 Europe
11.4.1 By Type
Table 67 Europe: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.4.2 By Voltage
Table 68 Europe: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.4.3 By Power Rating
Table 69 Europe: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.4.4 By Application
Table 70 Europe: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
11.4.5 By End User
Table 71 Europe: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6 By Country
Table 72 Europe: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.4.6.1 Uk
11.4.6.1.1 Growing Demand For Wind Energy To Increase Deployment Of Variable Frequency Drives In Uk
Table 73 Uk: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.2 Russia
11.4.6.2.1 Surging Investments In Oil & Gas Industry To Boost Market Growth In Russia
Table 74 Russia: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.3 Germany
11.4.6.3.1 Increasing Focus On Expanding Power Sector And Infrastructure Development To Fuel Demand For Variable Frequency Drives In Germany
Table 75 Germany: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.4 Italy
11.4.6.4.1 Expanding Industrial Sector And Power Industry To Drive Market Growth In Italy
Table 76 Italy: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.5 France
11.4.6.5.1 Growing Demand For Variable Frequency Drives In Mining Industry And Renewable Energy Projects To Fuel Market Growth
Table 77 France: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.6 Spain
11.4.6.6.1 Growing Industrial Sector To Fuel Demand For Variable Frequency Drives In Spain
Table 78 Spain: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.4.6.7 Rest Of Europe
Table 79 Rest Of Europe: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)

11.5 South America
11.5.1 By Type
Table 80 South America: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.5.2 By Voltage
Table 81 South America: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.5.3 By Power Rating
Table 82 South America: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.5.4 By Application
Table 83 South America: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
11.5.5 By End User
Table 84 South America: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.5.6 By Country
Table 85 South America: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.5.6.1 Brazil
11.5.6.1.1 Increasing Investment Due To Privatization In Oil & Gas And Power Industries To Propel Demand For Variable Frequency Drives In Brazil
Table 86 Brazil: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.5.6.2 Argentina
11.5.6.2.1 Favorable Government Policies Along With Investments In Oil & Gas, Mining, And Renewable Energy To Fuel Demand For Variable Frequency Drives In Argentina
Table 87 Argentina: Variable Frequency Market, By End User, 2020–2027 (Usd Million)
11.5.6.3 Chile
11.5.6.3.1 Developments In Infrastructure Projects And Mining Sector In Chile To Drive Market Growth
Table 88 Chile: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.5.6.4 Rest Of South America
Table 89 Rest Of South America: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6 Middle East
11.6.1 By Type
Table 90 Middle East: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.6.2 By Voltage
Table 91 Middle East: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.6.3 By Power Rating
Table 92 Middle East: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.6.4 By Application
Table 93 Middle East: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
Table 94 Middle East: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6.5 By Country
Table 95 Middle East: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.6.5.1 Saudi Arabia
11.6.5.1.1 Rising Investments In Infrastructure Development And Power Sector To Fuel Demand For Variable Frequency Drives
Table 96 Saudi Arabia: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6.5.2 Uae
11.6.5.2.1 Developing Manufacturing Sector And Hvac Infrastructure To Increase Demand For Variable Frequency Drives
Table 97 Uae: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6.5.3 Qatar
11.6.5.3.1 Rising Investments In Development Of Power Sector To Drive Demand For Variable Frequency Drives
Table 98 Qatar: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6.5.4 Oman
11.6.5.4.1 Healthy Growth Of Oil & Gas Sector To Drive Market Growth
Table 99 Oman: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.6.5.5 Rest Of Middle East
Table 100 Rest Of Middle East: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.7 Africa
11.7.1 By Type
Table 101 Africa: Variable Frequency Drive Market, By Type, 2020–2027 (Usd Million)
11.7.2 By Voltage
Table 102 Africa: Variable Frequency Drive Market, By Voltage, 2020–2027 (Usd Million)
11.7.3 By Power Rating
Table 103 Africa: Variable Frequency Drive Market, By Power Rating, 2020–2027 (Usd Million)
11.7.4 By Application
Table 104 Africa: Variable Frequency Drive Market, By Application, 2020–2027 (Usd Million)
11.7.5 By End User
Table 105 Africa: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.7.6 By Country
Table 106 Africa: Variable Frequency Drive Market, By Country, 2020–2027 (Usd Million)
11.7.6.1 Egypt
11.7.6.1.1 Active Upstream Operations Funded By International Oil Companies To Fuel Growth Of Variable Frequency Drive Market
Table 107 Egypt: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.7.6.2 Nigeria
11.7.6.2.1 Rise In Exploration Activities To Boost Market Growth
Table 108 Nigeria: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.7.6.3 South Africa
11.7.6.3.1 Increasing Investments In Mining Sector And Oil & Gas Industry To Fuel Demand For Variable Frequency Drives
Table 109 South Africa: Variable Frequency Drive Market, By End User, 2020–2027 (Usd Million)
11.7.6.4 Rest Of Africa
Table 110 Rest Of Africa: Variable Frequency Market, By End User, 2020–2027 (Usd Million)

12 Competitive Landscape
12.1 Key Players Strategies
Table 111 Overview Of Key Strategies Adopted By Top Players, 2018–2022
12.2 Market Share Analysis Of Top Five Players
Table 112 Variable Frequency Drive Market: Degree Of Competition
Figure 43 Variable Frequency Drive Market Share Analysis, 2021
12.3 Revenue Analysis Of Top 5 Market Players
Figure 44 Top Players In Variable Frequency Drive Market From 2017 To 2021
12.4 Company Evaluation Quadrant
12.4.1 Star
12.4.2 Pervasive
12.4.3 Emerging Leader
12.4.4 Participant
Figure 45 Variable Frequency Drive Market (Global) Company Evaluation Matrix, 2021
12.5 Start-Up/Sme Evaluation Quadrant, 2021
12.5.1 Progressive Company
12.5.2 Responsive Company
12.5.3 Dynamic Company
12.5.4 Starting Block
Figure 46 Variable Frequency Drive Market: Start-Up/Sme Evaluation Quadrant, 2021
12.5.5 Competitive Benchmarking
Table 113 Variable Frequency Drive Market: Detailed List Of Key Startups/Smes
Table 114 Variable Frequency Drive Market: Competitive Benchmarking Of Key Startups/Smes
12.6 Variable Frequency Drive Market: Company Footprint
Table 115 Power Rating: Company Footprint
Table 116 Type: Company Footprint
Table 117 Application: Company Footprint
Table 118 Region: Company Footprint
Table 119 Company Footprint
12.7 Competitive Scenario
Table 120 Variable Frequency Drive Market: Product Launches, January 2018– March 2022
Table 121 Variable Frequency Drive Market: Deals, January 2018–March 2022
Table 122 Variable Frequency Drive Market: Others, January 2018–March 2022

13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
13.1 Key Players
13.1.1 Abb
Table 123 Abb: Business Overview
Figure 47 Abb: Company Snapshot, 2021
Table 124 Abb: Products/Solutions/Services Offered
Table 125 Abb: Product Launches
Table 126 Abb: Deals
Table 127 Abb: Others
13.1.2 Siemens
Table 128 Siemens: Business Overview
Figure 48 Siemens: Company Snapshot, 2021
Table 129 Siemens: Products/Solutions/Services Offered
Table 130 Siemens: Product Launches
Table 131 Siemens: Deals
Table 132 Siemens: Others
13.1.3 Schneider Electric
Table 133 Schneider Electric: Business Overview
Figure 49 Schneider Electric: Company Snapshot, 2021
Table 134 Schneider Electric: Products/Solutions/Services Offered
Table 135 Schneider Electric: Product Launches
Table 136 Schneider Electric: Deals
Table 137 Schneider Electric: Others
13.1.4 Danfoss
Table 138 Danfoss: Company Overview
Figure 50 Danfoss: Company Snapshot, 2021
Table 139 Danfoss: Products/Solutions/Services Offered
Table 140 Danfoss: Product Launches
Table 141 Danfoss: Deals
Table 142 Danfoss: Others
13.1.5 Rockwell Automation
Table 143 Rockwell Automation: Business Overview
Figure 51 Rockwell Automation: Company Snapshot, 2021
Table 144 Rockwell Automation: Products/Solutions/Services Offered
Table 145 Rockwell Automation: Product Launches
Table 146 Rockwell Automation: Deals
13.1.6 Eaton
Table 147 Eaton: Business Overview
Figure 52 Eaton: Company Snapshot, 2021
Table 148 Eaton: Products/Solutions/Services Offered
Table 149 Eaton: Product Launches
Table 150 Eaton: Deals
Table 151 Eaton: Others
13.1.7 Fuji Electric
Table 152 Fuji Electric: Company Overview
Figure 53 Fuji Electric: Company Snapshot, 2021
Table 153 Fuji Electric: Products/Solutions/Services Offered
Table 154 Fuji Electric: Product Launches
Table 155 Fuji Electric: Deals
Table 156 Fuji Electric: Others
13.1.8 Hitachi
Table 157 Hitachi: Company Overview
Figure 54 Hitachi: Company Snapshot, 2021
Table 158 Hitachi: Products/Solutions/Services Offered
13.1.9 General Electric
Table 159 General Electric: Company Overview
Figure 55 General Electric: Company Snapshot, 2021
Table 160 General Electric: Products/Solutions/Services Offered
Table 161 General Electric: Deals
Table 162 General Electric: Others
13.1.10 Nidec
Table 163 Nidec: Company Overview
Figure 56 Nidec: Company Snapshot, 2021
Table 164 Nidec: Products/Solutions/Services Offered
Table 165 Nidec: Product Launches
Table 166 Nidec: Others
13.1.11 Weg Sa
Table 167 Weg Sa: Company Overview
Figure 57 Weg Sa: Company Snapshot, 2021
Table 168 Weg Sa: Products/Solutions/Services Offered
Table 169 Weg Sa: Product Launches
Table 170 Weg Sa: Others
13.1.12 Yaskawa
Table 171 Yaskawa: Company Overview
Figure 58 Yaskawa: Company Snapshot, 2020
Table 172 Yaskawa: Products/Solutions/Services Offered
Table 173 Yaskawa: Product Launches
Table 174 Yaskawa: Deals
13.1.13 Honeywell International
Table 175 Honeywell International: Company Overview
Figure 59 Honeywell International: Company Snapshot, 2021
Table 176 Honeywell International: Products/Solutions/Services Offered
13.1.14 Cg Power And Industrial Solutions Limited
Table 177 Cg Power And Industrial Solutions Limited: Company Overview
Figure 60 Cg Power And Industrial Solutions Limited: Company Snapshot, 2021
Table 178 Cg Power And Industrial Solutions Limited: Products/Solutions/Services Offered
Table 179 Cg Power And Industrial Solutions Limited: Product Launches
13.1.15 Tmeic
Table 180 Tmeic: Company Overview
Table 181 Tmeic: Products/Solutions/Services Offered
Table 182 Tmeic: Deals
13.2 Other Players
13.2.1 Anaheim Automation
13.2.2 Sew - Eurodrive
13.2.3 Delta Electronics
13.2.4 Parker Hannifin
13.2.5 Nord Drive Systems
13.2.6 Inovance Technology
13.2.7 Techsuppen
13.2.8 Shenzhen Gozuk
13.2.9 Saksun Industries
13.2.10 A.S. Automation & Controls

*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

14 Appendix
14.1 Insights Of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

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