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Variable Frequency Drives Market, by Type (AC, DC, Servo), Voltage (Low Voltage, Medium Voltage), Application (Manufacturing, Chemical Processing, Infrastructure Development, Oil & Gas, Automotive, Power Generation, Others)- Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022

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The variable frequency drives market is gaining traction due to growing demand of energy and need for efficient working of induction motors in various applications. Variable frequency drive is a device which is used in most of the electrical appliances that control the torque and speed of the motor. The major revenue opportunities are expected to come from infrastructure sectors and manufacturing sectors. Countries like China and India are expected to be the major market for variable frequency drives in the coming years.

The report on the global variable frequency drives market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

KEY BENEFITS OF THE REPORT

  • Thorough understanding of the dynamics influencing the various segments of this market.
  • Detailed analysis of the regulatory environment impacting the growth of this market.
  • Valuable insights into the key technological and market trends impacting this market.

KEY PREMIUM INDUSTRY INSIGHTS

  • The key reasons driving the growth of the variable frequency drives market include the need for efficient energy consumption, reliable functioning of motor by variable frequency drives and increased use of induction motors in wide applications.
  • However, implementation costs and pricing pressures from competitors are one of the major factors that may hamper the growth of the variable frequency drives market.
  • The major trends witnessed in the global variable frequency drive market are: development of industry-specific drives, introduction of motor-drive combo packages and diversification of product portfolio by major players.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s variable frequency drives market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the variable frequency drives market by the following segments:

  • Variable Frequency Drives, By Type
    • AC
    • DC
    • Servo
  • Variable Frequency Drives, By Voltage
    • Low Voltage
    • Medium Voltage
  • Variable Frequency Drives, By Application
    • Manufacturing
    • Chemical Processing
    • Infrastructure Development
    • Oil & Gas
    • Automotive
    • Power Generation
    • Others

KEY MARKET PLAYERS

Key players in the variable frequency drives market include:

  • ABB Ltd.
  • Danfoss VLT
  • Eaton Corporation Plc
  • Emerson Industrial Automation
  • Fuji Electric Co., Ltd
  • Mitsubishi Electric Corporation
  • Schneider Electric
  • Siemens AG

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Product Roadmap
  5. VARIABLE FREQUENCY DRIVES MARKET, BY TYPE
    1. Segment Share
    2. Type
      1. AC
      2. DC
      3. Servo
  6. VARIABLE FREQUENCY DRIVES MARKET, BY VOLTAGE
    1. Segment Share
    2. Voltage
      1. Low Voltage
      2. Medium Voltage
  7. VARIABLE FREQUENCY DRIVES MARKET, BY APPLICATION
    1. Segment Share
    2. Application
      1. Manufacturing
      2. Chemical Processing
      3. Infrastructure Development
      4. Oil & Gas
      5. Automotive
      6. Power Generation
      7. Others
  8. VARIABLE FREQUENCY DRIVES MARKET, BY GEOGRAPHY
    1. North America
      1. By Country
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Voltage
      4. By Application
    2. Europe
      1. By Country
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Voltage
      4. By Application
    3. Asia-Pacific
      1. By Country
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Voltage
      4. By Application
    4. Middle East & Africa
      1. By Country
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Voltage
      4. By Application
    5. Latin America
      1. By Country
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Voltage
      4. By Application
  9. COMPETITIVE LANDSCAPE
    1. Market Share Analysis, 2015 (%)
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. ABB Ltd.
      1. Overview
      2. Key Strategies
      3. Recent Developments
    2.  Danfoss VLT
      1. Overview
      2. Key Strategies
      3. Recent Developments
    3. Eaton Corporation Plc
      1. Overview
      2. Key Strategies
      3. Recent Developments
    4. Emerson Industrial Automation
      1. Overview
      2. Key Strategies
      3. Recent Developments
    5. Fuji Electric Co., Ltd
      1. Overview
      2. Key Strategies
      3. Recent Developments
    6.  Mitsubishi Electric Corporation
      1. Overview
      2. Key Strategies
      3. Recent Developments
    7. Schneider Electric
      1. Overview
      2. Key Strategies
      3. Recent Developments
    8. Siemens AG
      1. Overview
      2. Key Strategies
      3. Recent Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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