Variable Frequency Drive (VFD) Market by Type (AC, DC, and Servo), End-Users (Industrial, Infrastructure, Oil & Gas, and Power Generation), Application (Pumps, Fans, Compressors, and Conveyors), Power Range, Voltage, and Region - Global Forecast to 2025
The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing rate of industrialization and urbanization. However, stagnant growth of the oil & gas industry and decrease in the exploration & production activity is hindering the growth of the variable frequency drive market.
“The AC Drives segment, by type, is expected to be the largest market from 2020 to 2025”
The AC Drives segment, by type, is estimated to be the largest and fastest growing segment during the forecast period. “AC” stands for alternating current. AC drives are also known as adjustable frequency drives, adjustable speed drives, and variable speed drives. They are electronic devices that convert a fixed frequency and voltage to an adjustable frequency and AC voltage source. AC drives are used to drive the AC motors, especially the three-phase induction motors, as these are predominant over other motors in a majority of the industries and are used in a wide range of application, which eventually is driving the market during the forecast period.
“The medium voltage, by voltage, is expected to be the fastest market from 2020 to 2025”
The medium voltage segment, by voltage, is the fastest growing segment during the forecast period. Medium voltage variable frequency drives account for a voltage range of more than 690 V. These are majorly used to minimize the operating and maintenance costs associated with relatively large rotating equipment, which can range in size from 200 Hp to 100,000 Hp. Medium voltage variable frequency drives are used for retrofit installations, and they also adapt to the motor speed to the actual need, thus optimizing energy consumption and reducing CO2 emissions leading to an increase in the demand for medium voltage variable frequency drives.
“Asia Pacific: The largest variable frequency drive market”
The Asia Pacific region is projected to be the largest variable frequency drives market by 2025. Countries such as China, India, Japan, and South Korea are among the major countries considered as the main manufacturing hubs for variable frequency drives. It is expected that this region will undergo rapid economic development and industrialization, which will further lead to an increase in power consumption. It is also expected that this region will experience a rise in the construction activities because of the growing population, increased industrialization, and expansion of the distribution networks in the developing countries. The renewable energy generation in countries such as China, South Korea, Japan, and India is taking place at a humongous rate. This needs to be incorporated in the existing national grid, leading to the introduction of additional electrical infrastructure, which will eventually drive the variable frequency drive market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess the future market prospects. The distribution of primary interviews is as follows:
The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3:
The global variable frequency drive market is dominated by a few major players that have a wide regional presence. The leading players in the variable frequency drive market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), Rockwell Automation (US).
Study Coverage:
The report defines, describes, and forecasts the global variable frequency drive market, end user, application, power rating, type, voltage, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value and future trends in the variable frequency drive market.
Why Buy this Report?
1. The report identifies and addresses the key markets for variable frequency drive sales, which would help equipment manufacturers and service providers review the demand growth.
2. The report helps the variable frequency drive manufacturers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report would help the key players understand the strategies of their competitors better and help them in making wiser strategic decisions.
“The AC Drives segment, by type, is expected to be the largest market from 2020 to 2025”
The AC Drives segment, by type, is estimated to be the largest and fastest growing segment during the forecast period. “AC” stands for alternating current. AC drives are also known as adjustable frequency drives, adjustable speed drives, and variable speed drives. They are electronic devices that convert a fixed frequency and voltage to an adjustable frequency and AC voltage source. AC drives are used to drive the AC motors, especially the three-phase induction motors, as these are predominant over other motors in a majority of the industries and are used in a wide range of application, which eventually is driving the market during the forecast period.
“The medium voltage, by voltage, is expected to be the fastest market from 2020 to 2025”
The medium voltage segment, by voltage, is the fastest growing segment during the forecast period. Medium voltage variable frequency drives account for a voltage range of more than 690 V. These are majorly used to minimize the operating and maintenance costs associated with relatively large rotating equipment, which can range in size from 200 Hp to 100,000 Hp. Medium voltage variable frequency drives are used for retrofit installations, and they also adapt to the motor speed to the actual need, thus optimizing energy consumption and reducing CO2 emissions leading to an increase in the demand for medium voltage variable frequency drives.
“Asia Pacific: The largest variable frequency drive market”
The Asia Pacific region is projected to be the largest variable frequency drives market by 2025. Countries such as China, India, Japan, and South Korea are among the major countries considered as the main manufacturing hubs for variable frequency drives. It is expected that this region will undergo rapid economic development and industrialization, which will further lead to an increase in power consumption. It is also expected that this region will experience a rise in the construction activities because of the growing population, increased industrialization, and expansion of the distribution networks in the developing countries. The renewable energy generation in countries such as China, South Korea, Japan, and India is taking place at a humongous rate. This needs to be incorporated in the existing national grid, leading to the introduction of additional electrical infrastructure, which will eventually drive the variable frequency drive market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess the future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 56%, Tier- 25%, and Tier- 19%
- By Designation: C-Level- 35%, Director Level- 30%, and Others- 35%
- By Region: Asia Pacific- 42%, Europe- 18%, North America- 22%, Middle East- 10%, South America- 5%, and Africa-3%
The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3:
The global variable frequency drive market is dominated by a few major players that have a wide regional presence. The leading players in the variable frequency drive market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), Rockwell Automation (US).
Study Coverage:
The report defines, describes, and forecasts the global variable frequency drive market, end user, application, power rating, type, voltage, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value and future trends in the variable frequency drive market.
Why Buy this Report?
1. The report identifies and addresses the key markets for variable frequency drive sales, which would help equipment manufacturers and service providers review the demand growth.
2. The report helps the variable frequency drive manufacturers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report would help the key players understand the strategies of their competitors better and help them in making wiser strategic decisions.
1 INTRODUCTION
1.1 OBJECTIVES OF STUDY
1.2 DEFINITION
1.2.1 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING: INCLUSIONS
AND EXCLUSIONS
1.2.2 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
FIGURE 3 MAIN MATRIX CONSIDERED WHILE CONSTRUCTING AND 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, 2019
2.4.3 FORECAST
3 EXECUTIVE SUMMARY
3.1 SCENARIO ANALYSIS
FIGURE 8 SCENARIO ANALYSIS: VARIABLE FREQUENCY DRIVE MARKET, 2018–2025
3.1.1 OPTIMISTIC SCENARIO
3.1.2 REALISTIC SCENARIO
3.1.3 PESSIMISTIC SCENARIO
TABLE 1 VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT
FIGURE 9 AC DRIVES SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, DURING FORECAST PERIOD
FIGURE 10 LOW VOLTAGE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, DURING FORECAST PERIOD
FIGURE 11 LOW POWER DRIVE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, DURING FORECAST PERIOD
FIGURE 12 PUMPS SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, DURING FORECAST PERIOD
FIGURE 13 INDUSTRIAL SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY END USER, DURING FORECAST PERIOD
FIGURE 14 ASIA PACIFIC TO DOMINATE VARIABLE FREQUENCY DRIVE
MARKET (2020–2025)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN VARIABLE FREQUENCY DRIVE MARKET
FIGURE 15 GOVERNMENT INITIATIVES RELATED TO ENERGY EFFICIENCY AND GROWING NEED FOR POWER FACTOR CORRECTION TO DRIVE GROWTH OF VARIABLE FREQUENCY DRIVE MARKET, 2020–2025
4.2 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
FIGURE 16 ASIA PACIFIC VARIABLE FREQUENCY DRIVE MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
FIGURE 17 AC DRIVES SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE MARKET
IN 2019
4.4 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
FIGURE 18 LOW VOLTAGE SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE
MARKET IN 2019
4.5 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
FIGURE 19 LOW POWER DRIVE HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2019
4.6 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
FIGURE 20 PUMPS SEGMENT HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2019
4.7 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
FIGURE 21 INDUSTRIAL SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE
MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 22 COVID-19 GLOBAL PROPAGATION
FIGURE 23 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 24 RECOVERY ROAD FOR 2020 & 2021
5.4 MARKET DYNAMICS
FIGURE 25 VARIABLE FREQUENCY DRIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, & CHALLENGES
5.4.1 DRIVERS
5.4.1.1 High demand in wide range of industries such as cement, chemical, and petrochemical, mining, oil & gas, pulp & paper, water & wastewater
5.4.1.2 Growing need for increasing energy efficiency and decreasing energy consumption
5.4.1.3 Supportive regulatory environment for efficient and effective energy utilization
5.4.2 RESTRAINTS
5.4.2.1 Stagnant growth of oil & gas industry and decline in exploration & production activities
FIGURE 27 CRUDE OIL PRICE TREND, 2017–2020 (USD PER BARREL)
5.4.3 OPPORTUNITIES
5.4.3.1 Upgradation of power infrastructure across the globe
5.4.3.2 Industrial Internet of Things (IoT) enables analysis & improves application remotely
5.4.4 CHALLENGES
5.4.4.1 Availability of low-quality and cheap products in gray market
5.4.4.2 Negative impact of COVID-19 pandemic
5.5 YC-SHIFT
5.5.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR VARIABLE FREQUENCY DRIVE MANUFACTURERS
FIGURE 28 REVENUE SHIFT FOR VARIABLE FREQUENCY DRIVE
5.6 MARKET MAP
FIGURE 29 MARKET MAP FOR VARIABLE FREQUENCY DRIVE
5.7 TRADE DATA STATISTICS
TABLE 2 ELECTRIC MOTOR: IMPORT STATISTICS, 2018 & 2019 (USD MILLION)
TABLE 3 ELECTRIC MOTOR: EXPORT STATISTICS, 2018 & 2019 (USD MILLION)
5.8 VALUE CHAIN ANALYSIS
FIGURE 30 VARIABLE FREQUENCY DRIVE VALUE CHAIN
5.8.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.8.2 COMPONENT MANUFACTURERS
5.8.3 ASSEMBLERS/MANUFACTURERS
5.8.4 DISTRIBUTORS/END USERS AND POST-SALES SERVICES
5.9 CASE STUDY ANALYSIS
5.9.1 ABB’S VARIABLE FREQUENCY DRIVE SUCCESS, 2018
5.9.1.1 Problem Statement
5.9.1.2 Possible solution by ABB’s variable frequency drive
5.10 TECHNOLOGY ANALYSIS
5.10.1 TECHNOLOGY TRENDS FOR VARIABLE FREQUENCY DRIVE
5.11 REGULATORY LANDSCAPE
5.12 INNOVATIONS & PATENT REGISTRATION
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
6 IMPACT OF COVID-19 ON VARIABLE FREQUENCY DRIVE MARKET, SCENARIO ANALYSIS, BY REGION
6.1 SCENARIO ANALYSIS
6.1.1 OPTIMISTIC SCENARIO
TABLE 4 OPTIMISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.2 REALISTIC SCENARIO
TABLE 5 REALISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.3 PESSIMISTIC SCENARIO
TABLE 6 PESSIMISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 32 AC DRIVE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 7 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
7.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 8 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
7.2 AC DRIVE
7.2.1 GROWING USAGE OF AC DRIVES IN VARIOUS INDUSTRIES TO FUEL GROWTH OF SEGMENT
TABLE 9 AC DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 DC DRIVE
7.3.1 ADVANTAGES SUCH AS HIGH EFFICIENCY AND LOW COST TO PROPEL DEMAND FOR DC DRIVES
TABLE 10 DC DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 SERVO DRIVE
7.4.1 ADVANCED TECHNOLOGY TO INCORPORATE FEEDBACK FROM MOTORS
TO BOOST GROWTH OF SEGMENT
TABLE 11 SERVO DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
8.1 INTRODUCTION
FIGURE 33 LOW VARIABLE FREQUENCY DRIVE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2019
TABLE 12 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
8.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 13 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
8.2 LOW VOLTAGE
8.2.1 GROWING USE OF VARIABLE FREQUENCY DRIVES IN WIDE RANGE OF APPLICATIONS BOOST GROWTH OF SEGMENT
TABLE 14 LOW VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 MEDIUM VOLTAGE
8.3.1 NEED TO REDUCE OPERATING COST IN HEAVY INDUSTRIES TO FUEL DEMAND FOR MEDIUM VOLTAGE VARIABLE FREQUENCY DRIVES
TABLE 15 MEDIUM VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
9.1 INTRODUCTION
FIGURE 34 LOW POWER DRIVE SEGMENT ACCOUNTED FOR LARGEST MARKET
SHARE IN 2019
TABLE 16 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
9.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 17 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
9.2 MICRO POWER DRIVE
9.2.1 EXPANDING FOOD & BEVERAGE AND BUILDING AUTOMATION INDUSTRIES TO DRIVE MARKET GROWTH
TABLE 18 MICRO POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 LOW POWER DRIVE
9.3.1 HIGHER ENERGY SAVINGS AT LOW COSTS TO FUEL DEMAND FOR LOW POWER DRIVES
TABLE 19 LOW POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.4 MEDIUM POWER DRIVE
9.4.1 GROWTH OF FOOD & BEVERAGE INDUSTRY TO BOOST DEMAND FOR MEDIUM POWER VARIABLE FREQUENCY DRIVES
TABLE 20 MEDIUM POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.5 HIGH POWER DRIVE
9.5.1 NEED FOR REDUCTION IN POWER CONSUMPTION TO BOOST DEMAND FOR HIGH POWER VARIABLE FREQUENCY DRIVES
TABLE 21 HIGH POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 35 PUMPS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 22 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 23 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2 PUMPS
10.2.1 GROWING NEED TO REDUCE CARBON EMISSION IN FACTORIES TO DRIVE GROWTH OF SEGMENT
TABLE 24 PUMPS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.3 FANS
10.3.1 INCREASING ENERGY PRICES TO FUEL GROWTH OF FANS SEGMENT
TABLE 25 FANS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 COMPRESSORS
10.4.1 GROWING AWARENESS REGARDING ENERGY SAVING AND INCREASING IMPLEMENTATION OF ENERGY-EFFICIENT SOLUTIONS TO BOOST DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 26 COMPRESSORS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 CONVEYORS
10.5.1 REDUCTION OF DOWNTIME TO BOOST DEMAND FOR VARIABLE
FREQUENCY DRIVES
TABLE 27 CONVEYORS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.6 OTHERS
10.6.1 SMOOTH CONTROL ALONG WITH ENERGY SAVINGS TO FUEL DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 28 OTHERS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
11.1 INTRODUCTION
FIGURE 36 INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 29 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
11.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 30 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
11.2 OIL & GAS
11.2.1 GROWING USAGE OF MOTORS ON LARGE SCALE IN OIL & GAS SECTOR
AND INCREASING REQUIREMENT OF ENERGY EFFICIENCY TO DRIVE GROWTH OF SEGMENT
TABLE 31 OIL & GAS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.3 INDUSTRIAL
11.3.1 OPTIMUM PROCESS CONTROL AND REDUCTION OF DOWNTIME ARE FACTORS DRIVING DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 32 INDUSTRIAL: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.4 POWER
11.4.1 GROWING EMPHASIS ON ENERGY EFFICIENCY TO GROWTH OF SEGMENT
TABLE 33 POWER: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.5 INFRASTRUCTURE
11.5.1 GROWING OPPORTUNITIES FOR ENERGY OPTIMIZATION TO DRIVE
MARKET GROWTH
TABLE 34 INFRASTRUCTURE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 37 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 38 ASIA PACIFIC LED VARIABLE FREQUENCY DRIVE MARKET IN 2019
TABLE 35 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
12.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 36 GLOBAL: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 39 GLOBAL: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.2 ASIA PACIFIC
FIGURE 40 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT, 2019
12.2.1 BY VOLTAGE
TABLE 37 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.2 BY APPLICATION
TABLE 38 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.2.3 BY POWER RATING
TABLE 39 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.2.4 BY TYPE
TABLE 40 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.2.5 BY COUNTRY
TABLE 41 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.2.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 42 ASIA PACIFIC: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 41 ASIA PACIFIC: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.2.6.1 China
12.2.6.1.1 Increasing manufacturing activities to boost demand for variable frequency drives
TABLE 43 CHINA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.2 India
12.2.6.2.1 Increasing industrialization to fuel demand for variable frequency drives
TABLE 44 INDIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.3 Japan
12.2.6.3.1 Growing automation in industrial sector to boost
market growth
TABLE 45 JAPAN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.4 Australia
12.2.6.4.1 Growth of power sector to fuel demand for variable frequency drives
TABLE 46 AUSTRALIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.5 South Korea
12.2.6.5.1 Increasing investments in renewable sector to propel demand for variable frequency drives
TABLE 47 SOUTH KOREA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.6 Indonesia
12.2.6.6.1 Increasing industrialization and expansion of power generation capacity to drive market growth
TABLE 48 INDONESIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.7 Rest of Asia Pacific
TABLE 49 REST OF ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3 EUROPE
FIGURE 42 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT, 2019
12.3.1 BY VOLTAGE
TABLE 50 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.2 BY APPLICATION
TABLE 51 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.3 BY POWER RATING
TABLE 52 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.3.4 BY TYPE
TABLE 53 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.3.5 BY COUNTRY
TABLE 54 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.3.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 55 EUROPE: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 43 EUROPE: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.3.6.1 Germany
12.3.6.1.1 Increasing replacement of aging infrastructure to fuel demand for variable frequency drives
TABLE 56 GERMANY: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.2 France
12.3.6.2.1 Implementation of zero carbon emission policy will increase demand for variable frequency drives
TABLE 57 FRANCE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.3 UK
12.3.6.3.1 Growing sale of vehicles and expanding aerospace & defense industry to drive market growth
TABLE 58 UK: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.4 Russia
12.3.6.4.1 Modernization of manufacturing sector to contribute to growth of variable frequency drive market
TABLE 59 RUSSIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.5 Italy
12.3.6.5.1 Growing investments in power sector to drive market growth
TABLE 60 ITALY: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.6 Spain
12.3.6.6.1 Government initiatives to upgrade existing power system to boost demand for variable frequency drives
TABLE 61 SPAIN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.7 Rest of Europe
TABLE 62 REST OF EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4 NORTH AMERICA
12.4.1 BY VOLTAGE
TABLE 63 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.2 BY APPLICATION
TABLE 64 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.3 BY POWER RATING
TABLE 65 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.4.4 BY TYPE
TABLE 66 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.4.5 BY COUNTRY
TABLE 67 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.4.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 68 NORTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 44 NORTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.4.6.1 US
12.4.6.1.1 Replacement of aging power infrastructure to drive market growth
TABLE 69 US: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.6.2 Canada
12.4.6.2.1 Growth of oil & gas sector to fuel demand for variable frequency drives
TABLE 70 CANADA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.6.3 Mexico
12.4.6.3.1 Increasing investments in energy sector to boost demand for variable frequency drives
TABLE 71 MEXICO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5 SOUTH AMERICA
12.5.1 BY VOLTAGE
TABLE 72 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.2 BY APPLICATION
TABLE 73 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.3 BY POWER RATING
TABLE 74 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.5.4 BY TYPE
TABLE 75 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.5.5 BY COUNTRY
TABLE 76 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.5.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 77 SOUTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 45 SOUTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.5.6.1 Brazil
12.5.6.1.1 Investments power infrastructure and expanding oil & gas sector to fuel market growth
TABLE 78 BRAZIL: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.2 Argentina
12.5.6.2.1 Rising demand for variable frequency drives in consumer electronics industry to boost market growth
TABLE 79 ARGENTINA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.3 Chile
12.5.6.3.1 Increasing investments in infrastructure development to fuel demand for variable frequency drives
TABLE 80 CHILE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.4 Rest of South America
TABLE 81 REST OF SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6 MIDDLE EAST
12.6.1 BY VOLTAGE
TABLE 82 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.2 BY APPLICATION
TABLE 83 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.3 BY POWER RATING
TABLE 84 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.6.4 BY TYPE
TABLE 85 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.6.5 BY COUNTRY
TABLE 86 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.6.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 87 MIDDLE EAST: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE
MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 46 MIDDLE EAST: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.6.6.1 Saudi Arabia
12.6.6.1.1 Investments in power sector to expand power generation capacity to fuel demand for variable frequency drives
TABLE 88 SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.2 UAE
12.6.6.2.1 Initiatives to boost manufacturing sector to increase demand for variable frequency drives
TABLE 89 UAE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.3 Qatar
12.6.6.3.1 Contribution toward renewable generation of electricity to drive demand for variable frequency drives
TABLE 90 QATAR: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.4 Oman
12.6.6.4.1 Healthy growth of oil & gas sector to drive market growth
TABLE 91 OMAN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.5 Kuwait
12.6.6.5.1 Increasing investments in oil & gas sector to fuel demand for variable frequency drives
TABLE 92 KUWAIT: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.6 Rest of the Middle East
TABLE 93 REST OF MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7 AFRICA
12.7.1 BY VOLTAGE
TABLE 94 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.2 BY APPLICATION
TABLE 95 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7.3 BY POWER RATING
TABLE 96 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.7.4 BY TYPE
TABLE 97 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.7.5 BY COUNTRY
TABLE 98 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.7.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 99 AFRICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 47 AFRICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.7.6.1 Egypt
12.7.6.1.1 Growing investments in oil & gas sector to increase demand for variable frequency drives
TABLE 100 EGYPT: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.2 Nigeria
12.7.6.2.1 Increasing investments in mining sector and growing oil & gas sector to boost demand for variable frequency drives
TABLE 101 NIGERIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.3 South Africa
12.7.6.3.1 Expanding manufacturing sector to fuel demand for variable frequency drives
TABLE 102 SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.4 Rest of Africa
TABLE 103 REST OF AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
FIGURE 48 KEY DEVELOPMENTS IN VARIABLE FREQUENCY DRIVE MARKET DURING JANUARY 2017–DECEMBER 2020
13.2 MARKET SHARE ANALYSIS, 2019
FIGURE 49 MARKET SHARE ANALYSIS, 2019
13.3 MARKET EVALUATION FRAMEWORK
TABLE 104 MARKET EVALUATION FRAMEWORK
13.4 VARIABLE FREQUENCY DRIVE REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
FIGURE 50 TOP 5 PLAYERS DOMINATED MARKET IN LAST 5 YEARS
13.5 KEY MARKET DEVELOPMENTS
13.5.1 PRODUCT LAUNCHES
13.5.2 CONTRACTS & AGREEMENTS
13.5.3 MERGERS & ACQUISITIONS
13.5.4 INVESTMENTS & EXPANSION
13.5.5 PARTNERSHIPS
13.6 COMPANY EVALUATION QUADRANT
13.6.1 COMPANY EVALUATION QUADRANT DEFINITIONS AND METHODOLOGY
13.6.2 STAR
13.6.3 EMERGING LEADER
13.6.4 PERVASIVE
13.6.5 EMERGING COMPANY
FIGURE 51 VARIABLE FREQUENCY DRIVE MARKET COMPANY EVALUATION
QUADRANT, 2019
13.7 COMPETITIVE LEADERSHIP MAPPING OF START-UPS
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 STARTING BLOCKS
13.7.4 DYNAMIC COMPANIES
FIGURE 52 COMPETITIVE LEADERSHIP MAPPING OF START-UPS, 2019
13.7.5 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS
FIGURE 53 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS IN VARIABLE FREQUENCY DRIVE MARKET
14 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view)*
14.1 ABB
FIGURE 54 ABB: COMPANY SNAPSHOT
14.2 SIEMENS
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
14.3 SCHNEIDER ELECTRIC
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
14.4 DANFOSS
FIGURE 57 DANFOSS: COMPANY SNAPSHOT
14.5 ROCKWELL AUTOMATION
FIGURE 58 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
14.6 CROMPTON GREAVES POWER AND INDUSTRIAL SOLUTION
FIGURE 59 CROMPTON GREAVES POWER AND INDUSTRIAL SOLUTIONS:
COMPANY SNAPSHOT
14.7 EATON
FIGURE 60 EATON: COMPANY SNAPSHOT
14.8 YASKAWA
FIGURE 61 YASKAWA: COMPANY SNAPSHOT
14.9 FUJI ELECTRIC
FIGURE 62 FUJI ELCTRIC: COMPANY SNAPSHOT
14.10 HITACHI
FIGURE 63 HITACHI: COMPANY SNAPSHOT
14.11 GENERAL ELECTRIC
FIGURE 64 GENERAL ELECTRIC: COMPANY SNAPSHOT
14.12 WEG
FIGURE 65 WEG: COMPANY SNAPSHOT
14.13 NIDEC
FIGURE 66 NIDEC: COMPANY SNAPSHOT
14.14 TMEIC
14.15 SEW-EURODRIVE
14.16 DELTA ELECTRONICS
14.17 HONEYWELL INTERNATIONAL
14.18 ANAHEIM AUTOMATION
14.19 PARKER HANNIFIN
14.20 NORD DRIVE SYSTEMS
14.21 INOVANCE TECHNOLOGY
14.22 TECHSUPPEN
14.23 SHENZHEN GOZUK
14.24 MAVEN AUTOMATION
14.25 SAKSUN INDUSTRIES
14.26 A.S. AUTOMATION & CONTROLS
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
15 ADJACENT & RELATED MARKET
15.1 SYNCHRONOUS CONDENSER MARKET
15.1.1 MARKET DEFINITION
15.1.2 MARKET OVERVIEW
15.1.3 SYNCHRONOUS CONDENSER MARKET, BY REGION
TABLE 105 SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 106 SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION, 2018–2025 (UNITS)
15.1.4 NORTH AMERICA
TABLE 107 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 108 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 109 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 110 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 111 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 112 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.4.1 US
TABLE 113 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 114 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 115 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.4.2 Canada
TABLE 116 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 117 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
15.1.5 EUROPE
TABLE 118 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 119 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 120 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 121 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 122 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 123 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.5.1 Italy
TABLE 124 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 125 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 126 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.2 Germany
TABLE 127 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 128 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 129 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.3 Norway
TABLE 130 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 131 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 132 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.4 Rest Of Europe
TABLE 133 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 134 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 135 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.6 SOUTH AMERICA
TABLE 136 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 137 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 138 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 139 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025(USD MILLION)
TABLE 140 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 141 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.6.1 Brazil
TABLE 142 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 143 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 144 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.6.2 Rest of South America
TABLE 145 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 146 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 147 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.7 REST OF THE WORLD
TABLE 148 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 149 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 150 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 151 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 152 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 153 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.7.1 Australia
TABLE 154 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 155 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 156 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.7.2 Other Countries of ROW
TABLE 157 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 158 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 159 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
16 APPENDIX
16.1 INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 OBJECTIVES OF STUDY
1.2 DEFINITION
1.2.1 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING: INCLUSIONS
AND EXCLUSIONS
1.2.2 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
FIGURE 3 MAIN MATRIX CONSIDERED WHILE CONSTRUCTING AND 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, 2019
2.4.3 FORECAST
3 EXECUTIVE SUMMARY
3.1 SCENARIO ANALYSIS
FIGURE 8 SCENARIO ANALYSIS: VARIABLE FREQUENCY DRIVE MARKET, 2018–2025
3.1.1 OPTIMISTIC SCENARIO
3.1.2 REALISTIC SCENARIO
3.1.3 PESSIMISTIC SCENARIO
TABLE 1 VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT
FIGURE 9 AC DRIVES SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, DURING FORECAST PERIOD
FIGURE 10 LOW VOLTAGE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, DURING FORECAST PERIOD
FIGURE 11 LOW POWER DRIVE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, DURING FORECAST PERIOD
FIGURE 12 PUMPS SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, DURING FORECAST PERIOD
FIGURE 13 INDUSTRIAL SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY END USER, DURING FORECAST PERIOD
FIGURE 14 ASIA PACIFIC TO DOMINATE VARIABLE FREQUENCY DRIVE
MARKET (2020–2025)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN VARIABLE FREQUENCY DRIVE MARKET
FIGURE 15 GOVERNMENT INITIATIVES RELATED TO ENERGY EFFICIENCY AND GROWING NEED FOR POWER FACTOR CORRECTION TO DRIVE GROWTH OF VARIABLE FREQUENCY DRIVE MARKET, 2020–2025
4.2 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
FIGURE 16 ASIA PACIFIC VARIABLE FREQUENCY DRIVE MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
FIGURE 17 AC DRIVES SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE MARKET
IN 2019
4.4 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
FIGURE 18 LOW VOLTAGE SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE
MARKET IN 2019
4.5 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
FIGURE 19 LOW POWER DRIVE HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2019
4.6 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
FIGURE 20 PUMPS SEGMENT HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2019
4.7 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
FIGURE 21 INDUSTRIAL SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE
MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 22 COVID-19 GLOBAL PROPAGATION
FIGURE 23 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 24 RECOVERY ROAD FOR 2020 & 2021
5.4 MARKET DYNAMICS
FIGURE 25 VARIABLE FREQUENCY DRIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, & CHALLENGES
5.4.1 DRIVERS
5.4.1.1 High demand in wide range of industries such as cement, chemical, and petrochemical, mining, oil & gas, pulp & paper, water & wastewater
5.4.1.2 Growing need for increasing energy efficiency and decreasing energy consumption
5.4.1.3 Supportive regulatory environment for efficient and effective energy utilization
5.4.2 RESTRAINTS
5.4.2.1 Stagnant growth of oil & gas industry and decline in exploration & production activities
FIGURE 27 CRUDE OIL PRICE TREND, 2017–2020 (USD PER BARREL)
5.4.3 OPPORTUNITIES
5.4.3.1 Upgradation of power infrastructure across the globe
5.4.3.2 Industrial Internet of Things (IoT) enables analysis & improves application remotely
5.4.4 CHALLENGES
5.4.4.1 Availability of low-quality and cheap products in gray market
5.4.4.2 Negative impact of COVID-19 pandemic
5.5 YC-SHIFT
5.5.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR VARIABLE FREQUENCY DRIVE MANUFACTURERS
FIGURE 28 REVENUE SHIFT FOR VARIABLE FREQUENCY DRIVE
5.6 MARKET MAP
FIGURE 29 MARKET MAP FOR VARIABLE FREQUENCY DRIVE
5.7 TRADE DATA STATISTICS
TABLE 2 ELECTRIC MOTOR: IMPORT STATISTICS, 2018 & 2019 (USD MILLION)
TABLE 3 ELECTRIC MOTOR: EXPORT STATISTICS, 2018 & 2019 (USD MILLION)
5.8 VALUE CHAIN ANALYSIS
FIGURE 30 VARIABLE FREQUENCY DRIVE VALUE CHAIN
5.8.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.8.2 COMPONENT MANUFACTURERS
5.8.3 ASSEMBLERS/MANUFACTURERS
5.8.4 DISTRIBUTORS/END USERS AND POST-SALES SERVICES
5.9 CASE STUDY ANALYSIS
5.9.1 ABB’S VARIABLE FREQUENCY DRIVE SUCCESS, 2018
5.9.1.1 Problem Statement
5.9.1.2 Possible solution by ABB’s variable frequency drive
5.10 TECHNOLOGY ANALYSIS
5.10.1 TECHNOLOGY TRENDS FOR VARIABLE FREQUENCY DRIVE
5.11 REGULATORY LANDSCAPE
5.12 INNOVATIONS & PATENT REGISTRATION
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF SUBSTITUTES
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF NEW ENTRANTS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
6 IMPACT OF COVID-19 ON VARIABLE FREQUENCY DRIVE MARKET, SCENARIO ANALYSIS, BY REGION
6.1 SCENARIO ANALYSIS
6.1.1 OPTIMISTIC SCENARIO
TABLE 4 OPTIMISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.2 REALISTIC SCENARIO
TABLE 5 REALISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.3 PESSIMISTIC SCENARIO
TABLE 6 PESSIMISTIC SCENARIO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 32 AC DRIVE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 7 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
7.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 8 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
7.2 AC DRIVE
7.2.1 GROWING USAGE OF AC DRIVES IN VARIOUS INDUSTRIES TO FUEL GROWTH OF SEGMENT
TABLE 9 AC DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 DC DRIVE
7.3.1 ADVANTAGES SUCH AS HIGH EFFICIENCY AND LOW COST TO PROPEL DEMAND FOR DC DRIVES
TABLE 10 DC DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 SERVO DRIVE
7.4.1 ADVANCED TECHNOLOGY TO INCORPORATE FEEDBACK FROM MOTORS
TO BOOST GROWTH OF SEGMENT
TABLE 11 SERVO DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
8.1 INTRODUCTION
FIGURE 33 LOW VARIABLE FREQUENCY DRIVE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2019
TABLE 12 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
8.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 13 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
8.2 LOW VOLTAGE
8.2.1 GROWING USE OF VARIABLE FREQUENCY DRIVES IN WIDE RANGE OF APPLICATIONS BOOST GROWTH OF SEGMENT
TABLE 14 LOW VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 MEDIUM VOLTAGE
8.3.1 NEED TO REDUCE OPERATING COST IN HEAVY INDUSTRIES TO FUEL DEMAND FOR MEDIUM VOLTAGE VARIABLE FREQUENCY DRIVES
TABLE 15 MEDIUM VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
9.1 INTRODUCTION
FIGURE 34 LOW POWER DRIVE SEGMENT ACCOUNTED FOR LARGEST MARKET
SHARE IN 2019
TABLE 16 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
9.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 17 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
9.2 MICRO POWER DRIVE
9.2.1 EXPANDING FOOD & BEVERAGE AND BUILDING AUTOMATION INDUSTRIES TO DRIVE MARKET GROWTH
TABLE 18 MICRO POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 LOW POWER DRIVE
9.3.1 HIGHER ENERGY SAVINGS AT LOW COSTS TO FUEL DEMAND FOR LOW POWER DRIVES
TABLE 19 LOW POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.4 MEDIUM POWER DRIVE
9.4.1 GROWTH OF FOOD & BEVERAGE INDUSTRY TO BOOST DEMAND FOR MEDIUM POWER VARIABLE FREQUENCY DRIVES
TABLE 20 MEDIUM POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.5 HIGH POWER DRIVE
9.5.1 NEED FOR REDUCTION IN POWER CONSUMPTION TO BOOST DEMAND FOR HIGH POWER VARIABLE FREQUENCY DRIVES
TABLE 21 HIGH POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 35 PUMPS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 22 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 23 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2 PUMPS
10.2.1 GROWING NEED TO REDUCE CARBON EMISSION IN FACTORIES TO DRIVE GROWTH OF SEGMENT
TABLE 24 PUMPS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.3 FANS
10.3.1 INCREASING ENERGY PRICES TO FUEL GROWTH OF FANS SEGMENT
TABLE 25 FANS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.4 COMPRESSORS
10.4.1 GROWING AWARENESS REGARDING ENERGY SAVING AND INCREASING IMPLEMENTATION OF ENERGY-EFFICIENT SOLUTIONS TO BOOST DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 26 COMPRESSORS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.5 CONVEYORS
10.5.1 REDUCTION OF DOWNTIME TO BOOST DEMAND FOR VARIABLE
FREQUENCY DRIVES
TABLE 27 CONVEYORS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.6 OTHERS
10.6.1 SMOOTH CONTROL ALONG WITH ENERGY SAVINGS TO FUEL DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 28 OTHERS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
11 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
11.1 INTRODUCTION
FIGURE 36 INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
TABLE 29 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
11.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 30 PRE COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
11.2 OIL & GAS
11.2.1 GROWING USAGE OF MOTORS ON LARGE SCALE IN OIL & GAS SECTOR
AND INCREASING REQUIREMENT OF ENERGY EFFICIENCY TO DRIVE GROWTH OF SEGMENT
TABLE 31 OIL & GAS: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.3 INDUSTRIAL
11.3.1 OPTIMUM PROCESS CONTROL AND REDUCTION OF DOWNTIME ARE FACTORS DRIVING DEMAND FOR VARIABLE FREQUENCY DRIVES
TABLE 32 INDUSTRIAL: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.4 POWER
11.4.1 GROWING EMPHASIS ON ENERGY EFFICIENCY TO GROWTH OF SEGMENT
TABLE 33 POWER: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
11.5 INFRASTRUCTURE
11.5.1 GROWING OPPORTUNITIES FOR ENERGY OPTIMIZATION TO DRIVE
MARKET GROWTH
TABLE 34 INFRASTRUCTURE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 37 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 38 ASIA PACIFIC LED VARIABLE FREQUENCY DRIVE MARKET IN 2019
TABLE 35 VARIABLE FREQUENCY DRIVE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
12.1.1 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 36 GLOBAL: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 39 GLOBAL: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.2 ASIA PACIFIC
FIGURE 40 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT, 2019
12.2.1 BY VOLTAGE
TABLE 37 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.2 BY APPLICATION
TABLE 38 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.2.3 BY POWER RATING
TABLE 39 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.2.4 BY TYPE
TABLE 40 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.2.5 BY COUNTRY
TABLE 41 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.2.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 42 ASIA PACIFIC: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 41 ASIA PACIFIC: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.2.6.1 China
12.2.6.1.1 Increasing manufacturing activities to boost demand for variable frequency drives
TABLE 43 CHINA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.2 India
12.2.6.2.1 Increasing industrialization to fuel demand for variable frequency drives
TABLE 44 INDIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.3 Japan
12.2.6.3.1 Growing automation in industrial sector to boost
market growth
TABLE 45 JAPAN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.4 Australia
12.2.6.4.1 Growth of power sector to fuel demand for variable frequency drives
TABLE 46 AUSTRALIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.5 South Korea
12.2.6.5.1 Increasing investments in renewable sector to propel demand for variable frequency drives
TABLE 47 SOUTH KOREA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.6 Indonesia
12.2.6.6.1 Increasing industrialization and expansion of power generation capacity to drive market growth
TABLE 48 INDONESIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.2.6.7 Rest of Asia Pacific
TABLE 49 REST OF ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3 EUROPE
FIGURE 42 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT, 2019
12.3.1 BY VOLTAGE
TABLE 50 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.2 BY APPLICATION
TABLE 51 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.3.3 BY POWER RATING
TABLE 52 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.3.4 BY TYPE
TABLE 53 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.3.5 BY COUNTRY
TABLE 54 EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.3.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 55 EUROPE: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 43 EUROPE: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.3.6.1 Germany
12.3.6.1.1 Increasing replacement of aging infrastructure to fuel demand for variable frequency drives
TABLE 56 GERMANY: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.2 France
12.3.6.2.1 Implementation of zero carbon emission policy will increase demand for variable frequency drives
TABLE 57 FRANCE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.3 UK
12.3.6.3.1 Growing sale of vehicles and expanding aerospace & defense industry to drive market growth
TABLE 58 UK: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.4 Russia
12.3.6.4.1 Modernization of manufacturing sector to contribute to growth of variable frequency drive market
TABLE 59 RUSSIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.5 Italy
12.3.6.5.1 Growing investments in power sector to drive market growth
TABLE 60 ITALY: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.6 Spain
12.3.6.6.1 Government initiatives to upgrade existing power system to boost demand for variable frequency drives
TABLE 61 SPAIN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.3.6.7 Rest of Europe
TABLE 62 REST OF EUROPE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4 NORTH AMERICA
12.4.1 BY VOLTAGE
TABLE 63 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.2 BY APPLICATION
TABLE 64 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.4.3 BY POWER RATING
TABLE 65 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.4.4 BY TYPE
TABLE 66 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.4.5 BY COUNTRY
TABLE 67 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.4.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 68 NORTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 44 NORTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.4.6.1 US
12.4.6.1.1 Replacement of aging power infrastructure to drive market growth
TABLE 69 US: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.6.2 Canada
12.4.6.2.1 Growth of oil & gas sector to fuel demand for variable frequency drives
TABLE 70 CANADA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.4.6.3 Mexico
12.4.6.3.1 Increasing investments in energy sector to boost demand for variable frequency drives
TABLE 71 MEXICO: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5 SOUTH AMERICA
12.5.1 BY VOLTAGE
TABLE 72 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.2 BY APPLICATION
TABLE 73 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.5.3 BY POWER RATING
TABLE 74 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.5.4 BY TYPE
TABLE 75 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.5.5 BY COUNTRY
TABLE 76 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.5.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 77 SOUTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 45 SOUTH AMERICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.5.6.1 Brazil
12.5.6.1.1 Investments power infrastructure and expanding oil & gas sector to fuel market growth
TABLE 78 BRAZIL: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.2 Argentina
12.5.6.2.1 Rising demand for variable frequency drives in consumer electronics industry to boost market growth
TABLE 79 ARGENTINA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.3 Chile
12.5.6.3.1 Increasing investments in infrastructure development to fuel demand for variable frequency drives
TABLE 80 CHILE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.5.6.4 Rest of South America
TABLE 81 REST OF SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6 MIDDLE EAST
12.6.1 BY VOLTAGE
TABLE 82 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.2 BY APPLICATION
TABLE 83 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.6.3 BY POWER RATING
TABLE 84 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.6.4 BY TYPE
TABLE 85 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.6.5 BY COUNTRY
TABLE 86 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.6.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 87 MIDDLE EAST: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE
MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 46 MIDDLE EAST: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.6.6.1 Saudi Arabia
12.6.6.1.1 Investments in power sector to expand power generation capacity to fuel demand for variable frequency drives
TABLE 88 SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.2 UAE
12.6.6.2.1 Initiatives to boost manufacturing sector to increase demand for variable frequency drives
TABLE 89 UAE: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.3 Qatar
12.6.6.3.1 Contribution toward renewable generation of electricity to drive demand for variable frequency drives
TABLE 90 QATAR: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.4 Oman
12.6.6.4.1 Healthy growth of oil & gas sector to drive market growth
TABLE 91 OMAN: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.5 Kuwait
12.6.6.5.1 Increasing investments in oil & gas sector to fuel demand for variable frequency drives
TABLE 92 KUWAIT: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.6.6.6 Rest of the Middle East
TABLE 93 REST OF MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7 AFRICA
12.7.1 BY VOLTAGE
TABLE 94 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.2 BY APPLICATION
TABLE 95 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
12.7.3 BY POWER RATING
TABLE 96 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY POWER RATING, 2018–2025 (USD MILLION)
12.7.4 BY TYPE
TABLE 97 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
12.7.5 BY COUNTRY
TABLE 98 AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
12.7.6 IMPACT OF COVID-19 ON GLOBAL VARIABLE FREQUENCY DRIVE MARKET
TABLE 99 AFRICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET SIZE, 2018–2025 (USD MILLION)
FIGURE 47 AFRICA: COVID-19 IMPACT ON VARIABLE FREQUENCY DRIVE MARKET, 2018–2025 (USD MILLION)
12.7.6.1 Egypt
12.7.6.1.1 Growing investments in oil & gas sector to increase demand for variable frequency drives
TABLE 100 EGYPT: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.2 Nigeria
12.7.6.2.1 Increasing investments in mining sector and growing oil & gas sector to boost demand for variable frequency drives
TABLE 101 NIGERIA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.3 South Africa
12.7.6.3.1 Expanding manufacturing sector to fuel demand for variable frequency drives
TABLE 102 SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
12.7.6.4 Rest of Africa
TABLE 103 REST OF AFRICA: VARIABLE FREQUENCY DRIVE MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
FIGURE 48 KEY DEVELOPMENTS IN VARIABLE FREQUENCY DRIVE MARKET DURING JANUARY 2017–DECEMBER 2020
13.2 MARKET SHARE ANALYSIS, 2019
FIGURE 49 MARKET SHARE ANALYSIS, 2019
13.3 MARKET EVALUATION FRAMEWORK
TABLE 104 MARKET EVALUATION FRAMEWORK
13.4 VARIABLE FREQUENCY DRIVE REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
FIGURE 50 TOP 5 PLAYERS DOMINATED MARKET IN LAST 5 YEARS
13.5 KEY MARKET DEVELOPMENTS
13.5.1 PRODUCT LAUNCHES
13.5.2 CONTRACTS & AGREEMENTS
13.5.3 MERGERS & ACQUISITIONS
13.5.4 INVESTMENTS & EXPANSION
13.5.5 PARTNERSHIPS
13.6 COMPANY EVALUATION QUADRANT
13.6.1 COMPANY EVALUATION QUADRANT DEFINITIONS AND METHODOLOGY
13.6.2 STAR
13.6.3 EMERGING LEADER
13.6.4 PERVASIVE
13.6.5 EMERGING COMPANY
FIGURE 51 VARIABLE FREQUENCY DRIVE MARKET COMPANY EVALUATION
QUADRANT, 2019
13.7 COMPETITIVE LEADERSHIP MAPPING OF START-UPS
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 STARTING BLOCKS
13.7.4 DYNAMIC COMPANIES
FIGURE 52 COMPETITIVE LEADERSHIP MAPPING OF START-UPS, 2019
13.7.5 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS
FIGURE 53 PRODUCT FOOTPRINT ANALYSIS OF TOP PLAYERS IN VARIABLE FREQUENCY DRIVE MARKET
14 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view)*
14.1 ABB
FIGURE 54 ABB: COMPANY SNAPSHOT
14.2 SIEMENS
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
14.3 SCHNEIDER ELECTRIC
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
14.4 DANFOSS
FIGURE 57 DANFOSS: COMPANY SNAPSHOT
14.5 ROCKWELL AUTOMATION
FIGURE 58 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
14.6 CROMPTON GREAVES POWER AND INDUSTRIAL SOLUTION
FIGURE 59 CROMPTON GREAVES POWER AND INDUSTRIAL SOLUTIONS:
COMPANY SNAPSHOT
14.7 EATON
FIGURE 60 EATON: COMPANY SNAPSHOT
14.8 YASKAWA
FIGURE 61 YASKAWA: COMPANY SNAPSHOT
14.9 FUJI ELECTRIC
FIGURE 62 FUJI ELCTRIC: COMPANY SNAPSHOT
14.10 HITACHI
FIGURE 63 HITACHI: COMPANY SNAPSHOT
14.11 GENERAL ELECTRIC
FIGURE 64 GENERAL ELECTRIC: COMPANY SNAPSHOT
14.12 WEG
FIGURE 65 WEG: COMPANY SNAPSHOT
14.13 NIDEC
FIGURE 66 NIDEC: COMPANY SNAPSHOT
14.14 TMEIC
14.15 SEW-EURODRIVE
14.16 DELTA ELECTRONICS
14.17 HONEYWELL INTERNATIONAL
14.18 ANAHEIM AUTOMATION
14.19 PARKER HANNIFIN
14.20 NORD DRIVE SYSTEMS
14.21 INOVANCE TECHNOLOGY
14.22 TECHSUPPEN
14.23 SHENZHEN GOZUK
14.24 MAVEN AUTOMATION
14.25 SAKSUN INDUSTRIES
14.26 A.S. AUTOMATION & CONTROLS
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
15 ADJACENT & RELATED MARKET
15.1 SYNCHRONOUS CONDENSER MARKET
15.1.1 MARKET DEFINITION
15.1.2 MARKET OVERVIEW
15.1.3 SYNCHRONOUS CONDENSER MARKET, BY REGION
TABLE 105 SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 106 SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION, 2018–2025 (UNITS)
15.1.4 NORTH AMERICA
TABLE 107 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 108 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 109 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 110 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 111 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 112 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.4.1 US
TABLE 113 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 114 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 115 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.4.2 Canada
TABLE 116 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 117 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
15.1.5 EUROPE
TABLE 118 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 119 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 120 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 121 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 122 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 123 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.5.1 Italy
TABLE 124 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 125 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 126 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.2 Germany
TABLE 127 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 128 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 129 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.3 Norway
TABLE 130 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 131 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 132 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.5.4 Rest Of Europe
TABLE 133 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 134 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 135 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.6 SOUTH AMERICA
TABLE 136 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 137 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 138 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 139 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025(USD MILLION)
TABLE 140 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 141 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.6.1 Brazil
TABLE 142 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 143 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 144 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.6.2 Rest of South America
TABLE 145 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 146 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 147 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.7 REST OF THE WORLD
TABLE 148 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 149 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 150 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
TABLE 151 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2018–2025 (USD MILLION)
TABLE 152 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 153 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
15.1.7.1 Australia
TABLE 154 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 155 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 156 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
15.1.7.2 Other Countries of ROW
TABLE 157 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2018–2025 (USD MILLION)
TABLE 158 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2018–2025 (USD MILLION)
TABLE 159 OTHER COUNTRIES OF ROW: SYNCHRONOUS CONDENSER MARKET SIZE, BY END USER, 2018–2025 (USD MILLION)
16 APPENDIX
16.1 INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
