Variable Frequency Drive - Global Market Outlook (2017-2023)

June 2017 | 164 pages | ID: V9F12025725EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Variable Frequency Drive market is expected to grow from $18.68 billion in 2016 to reach $28.21 billion by 2023 with a CAGR of 6.0%. Growing demand for energy efficiency, government regulations and rise in demand for industrialization and urbanization are some factors expected to witness lucrative growth. Conversely, declining investments in Greenfield will reflect the market strength during the forecast period. Moreover, the market has tremendous growth opportunity like growing prospect in industrial internet of things (IIoT) and replacement sector.

By power range, micro power drive segment commanded the largest market share due to their wide applications in extruders, compressors, fans and others. Asia Pacific is anticipated to dominate the global market attributed to extensive usage of VFS’s in infrastructural and industrial activities.

Some of the key players profiled in this market includes Hitachi, Ltd., Fuji Electric Co., Rockwell Automation, Mitsubishi Heavy Industries, Ltd., Schneider Electric SE, Yaskawa Electric Corp, WEG SA, Toshiba, Siemens AG, Crompton Greaves, ABB Ltd, Danfoss, Eaton Corporation Plc, Emerson Electric Co., and General Electric .

Voltages Covered:

• Low Voltage Variable Frequency Drives
• Medium Voltage Variable Frequency Drives

Applications Covered:

• Fans
• Extruders
• Compressors
• Pumps
• Conveyors
• HVAC
• Other Applications

End Users Covered:

• Industrial
• Oil & Gas
• Infrastructure
• Power Generation
• Food Processing
• Automotive
• Mining & Metals
• Pulp & Papers
• Other End Users

Types Covered:

• Direct Current (DC) Variable Frequency Drives
• Servo Variable Frequency Drives
• Alternative Current (AC) Variable Frequency Drives

Power Ranges Covered:

• High Power Drives
• Medium Power Drives
• Low Power Drives
• Micro Power Drives

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• UK
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• Rest of Asia Pacific
• Rest of the World
• Middle East
• Brazil
• Argentina
• South Africa
• Egypt

What our report offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE

5.1 Introduction
5.2 Low Voltage Variable Frequency Drives
5.3 Medium Voltage Variable Frequency Drives

6 GLOBAL VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION

6.1 Introduction
6.2 Fans
6.3 Extruders
6.4 Compressors
6.5 Pumps
6.6 Conveyors
6.7 HVAC
6.8 Other Applications

7 GLOBAL VARIABLE FREQUENCY DRIVE MARKET, BY END USER

7.1 Introduction
7.2 Industrial
7.3 Oil & Gas
7.4 Infrastructure
7.5 Power Generation
7.6 Food Processing
7.7 Automotive
7.8 Mining & Metals
7.9 Pulp & Papers
7.10 Other End Users

8 GLOBAL VARIABLE FREQUENCY DRIVES MARKET, BY TYPE

8.1 Introduction
8.2 Direct Current (DC) Variable Frequency Drives
8.3 Servo Variable Frequency Drives
8.4 Alternative Current (AC) Variable Frequency Drives

9 GLOBAL VARIABLE FREQUENCY DRIVE MARKET, BY POWER RANGE

9.1 Introduction
9.2 High Power Drives
9.3 Medium Power Drives
9.4 Low Power Drives
9.5 Micro Power Drives

10 GLOBAL VARIABLE FREQUENCY DRIVE MARKET, BY GEOGRAPHY

10.1 North America
  10.1.1 US
  10.1.2 Canada
  10.1.3 Mexico
10.2 Europe
  10.2.1 Germany
  10.2.2 France
  10.2.3 Italy
  10.2.4 UK
  10.2.5 Spain
  10.2.6 Rest of Europe
10.3 Asia Pacific
  10.3.1 Japan
  10.3.2 China
  10.3.3 India
  10.3.4 Australia
  10.3.5 New Zealand
  10.3.6 Rest of Asia Pacific
10.4 Rest of the World
  10.4.1 Middle East
  10.4.2 Brazil
  10.4.3 Argentina
  10.4.4 South Africa
  10.4.5 Egypt

11 KEY DEVELOPMENTS

11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 COMPANY PROFILES

12.1 Hitachi, Ltd.
12.2 Mitsubishi Heavy Industries, Ltd.
12.3 Rockwell Automation
12.4 Schneider Electric SE
12.5 Yaskawa Electric Corp
12.6 WEG SA
12.7 Toshiba
12.8 Siemens AG
12.9 Crompton Greaves
12.10 ABB Ltd
12.11 Danfoss
12.12 Eaton Corporation Plc
12.13 Emerson Electric Co.
12.14 Fuji Electric Co.
12.15 General Electric

List Of Tables

LIST OF TABLES

Table 1 Global Variable Frequency Drive Market Analysis, By Region (2015-2023) ($MN)
Table 2 Global Variable Frequency Drive Market Analysis, By Voltage (2015-2023) ($MN)
Table 3 Global Variable Frequency Drive Market Analysis, By Low Voltage Variable Frequency Drives (2015-2023) ($MN)
Table 4 Global Variable Frequency Drive Market Analysis, By Medium Voltage Variable Frequency Drives (2015-2023) ($MN)
Table 5 Global Variable Frequency Drive Market Analysis, By Application (2015-2023) ($MN)
Table 6 Global Variable Frequency Drive Market Analysis, By Fans (2015-2023) ($MN)
Table 7 Global Variable Frequency Drive Market Analysis, By Extruders (2015-2023) ($MN)
Table 8 Global Variable Frequency Drive Market Analysis, By Compressors (2015-2023) ($MN)
Table 9 Global Variable Frequency Drive Market Analysis, By Pumps (2015-2023) ($MN)
Table 10 Global Variable Frequency Drive Market Analysis, By Conveyors (2015-2023) ($MN)
Table 11 Global Variable Frequency Drive Market Analysis, By HVAC (2015-2023) ($MN)
Table 12 Global Variable Frequency Drive Market Analysis, By Other Applications (2015-2023) ($MN)
Table 13 Global Variable Frequency Drive Market Analysis, By End User (2015-2023) ($MN)
Table 14 Global Variable Frequency Drive Market Analysis, By Industrial (2015-2023) ($MN)
Table 15 Global Variable Frequency Drive Market Analysis, By Oil & Gas (2015-2023) ($MN)
Table 16 Global Variable Frequency Drive Market Analysis, By Infrastructure (2015-2023) ($MN)
Table 17 Global Variable Frequency Drive Market Analysis, By Power Generation (2015-2023) ($MN)
Table 18 Global Variable Frequency Drive Market Analysis, By Food Processing (2015-2023) ($MN)
Table 19 Global Variable Frequency Drive Market Analysis, By Automotive (2015-2023) ($MN)
Table 20 Global Variable Frequency Drive Market Analysis, By Mining & Metals (2015-2023) ($MN)
Table 21 Global Variable Frequency Drive Market Analysis, By Pulp & Papers (2015-2023) ($MN)
Table 22 Global Variable Frequency Drive Market Analysis, By Other End Users (2015-2023) ($MN)
Table 23 Global Variable Frequency Drive Market Analysis, By Type (2015-2023) ($MN)
Table 24 Global Variable Frequency Drive Market Analysis, By Direct Current (DC) Variable Frequency Drives (2015-2023) ($MN)
Table 25 Global Variable Frequency Drive Market Analysis, By Servo Variable Frequency Drives (2015-2023) ($MN)
Table 26 Global Variable Frequency Drive Market Analysis, By Alternative Current (AC) Variable Frequency Drives (2015-2023) ($MN)
Table 27 Global Variable Frequency Drive Market Analysis, By Power Range (2015-2023) ($MN)
Table 28 Global Variable Frequency Drive Market Analysis, By High Power Drives (2015-2023) ($MN)
Table 29 Global Variable Frequency Drive Market Analysis, By Medium Power Drives (2015-2023) ($MN)
Table 30 Global Variable Frequency Drive Market Analysis, By Low Power Drives (2015-2023) ($MN)
Table 31 Global Variable Frequency Drive Market Analysis, By Micro Power Drives (2015-2023) ($MN)
Note: Tables for North America, Europe, APAC and RoW Regions are also represented in the same manner as above