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Variable Frequency Drive (VFD) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Machinery & Equipment

Published: 2024-01-18

Pages: 165 Pages

Report ld: 2321930

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

Variable frequency Drive (VFD) is an electric power control device which controls AC motor by changing the working power frequency of the motor by using frequency conversion technology and microelectronic technology. The frequency converter is mainly composed of rectifier (AC to DC), filter, inverter (DC to AC), brake unit, drive unit, detection unit, micro-processing unit, etc.

The global market for Variable Frequency Drive (VFD) was estimated to be worth US$ 14970 million in 2023 and is forecast to a readjusted size of US$ 18710 million by 2030 with a CAGR of 3.2% during the forecast period 2024-2030

Variable Frequency Drive (VFD) Market Size

M= millions and B=billions

The major players in global Variable frequency Drive (VFD) market include ABB, SIEMENS, Schneider, etc. The top 3 players occupy over 35% shares of the global market. Middle and Low Voltage Frequency Converter is the main type, with a share about 70%. Electric Power is the main application, which holds a share about 30%.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Variable Frequency Drive (VFD), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Variable Frequency Drive (VFD) by region & country, by Type, and by Application.

The Variable Frequency Drive (VFD) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Variable Frequency Drive (VFD).

Market Segmentation

Report Metric
Details
Report Title
Variable Frequency Drive (VFD) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 18710 million
CAGR(2024-2030)
3.2%
Market Size Available for Years
2019-2030
Global Variable Frequency Drive (VFD) Companies Covered
ABB, SIEMENS, Schneider, Danfoss, Rockwell, YASKAWA, MITSUBISHI ELECTRIC, Fuji Electric, Inovance Technology, Delta, GE Power Conversion, INVT, Hiconics Eco-energy Technology, VEICHI, HopeSenlan Science and Technology, EURA DRIVES, POWTRAN, Sichuan Jialing Electrical, Xinfengguang Electronics, SINEE
Global Variable Frequency Drive (VFD) Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Frequency Drive (VFD) Market, Segment by Type
MV and LV Frequency Converter

High Voltage Frequency Converter
Global Variable Frequency Drive (VFD) Market, Segment by Application
Electric Power

Mining

Metallurgical

Petrochemical

Building Materials

Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Variable Frequency Drive (VFD) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Variable Frequency Drive (VFD) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Variable Frequency Drive (VFD) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Variable Frequency Drive (VFD) Product Introduction
    1.2 Global Variable Frequency Drive (VFD) Market Size Forecast
        1.2.1 Global Variable Frequency Drive (VFD) Sales Value (2019-2030)
        1.2.2 Global Variable Frequency Drive (VFD) Sales Volume (2019-2030)
        1.2.3 Global Variable Frequency Drive (VFD) Sales Price (2019-2030)
    1.3 Variable Frequency Drive (VFD) Market Trends & Drivers
        1.3.1 Variable Frequency Drive (VFD) Industry Trends
        1.3.2 Variable Frequency Drive (VFD) Market Drivers & Opportunity
        1.3.3 Variable Frequency Drive (VFD) Market Challenges
        1.3.4 Variable Frequency Drive (VFD) Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Variable Frequency Drive (VFD) Players Revenue Ranking (2023)
    2.2 Global Variable Frequency Drive (VFD) Revenue by Company (2019-2024)
    2.3 Global Variable Frequency Drive (VFD) Players Sales Volume Ranking (2023)
    2.4 Global Variable Frequency Drive (VFD) Sales Volume by Company Players (2019-2024)
    2.5 Global Variable Frequency Drive (VFD) Average Price by Company (2019-2024)
    2.6 Key Manufacturers Variable Frequency Drive (VFD) Manufacturing Base Distribution and Headquarters
    2.7 Key Manufacturers Variable Frequency Drive (VFD) Product Offered
    2.8 Key Manufacturers Time to Begin Mass Production of Variable Frequency Drive (VFD)
    2.9 Variable Frequency Drive (VFD) Market Competitive Analysis
        2.9.1 Variable Frequency Drive (VFD) Market Concentration Rate (2019-2024)
        2.9.2 Global 5 and 10 Largest Manufacturers by Variable Frequency Drive (VFD) Revenue in 2023
        2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Variable Frequency Drive (VFD) as of 2023)
    2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 MV and LV Frequency Converter
        3.1.2 High Voltage Frequency Converter
    3.2 Global Variable Frequency Drive (VFD) Sales Value by Type
        3.2.1 Global Variable Frequency Drive (VFD) Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Variable Frequency Drive (VFD) Sales Value, by Type (2019-2030)
        3.2.3 Global Variable Frequency Drive (VFD) Sales Value, by Type (%) (2019-2030)
    3.3 Global Variable Frequency Drive (VFD) Sales Volume by Type
        3.3.1 Global Variable Frequency Drive (VFD) Sales Volume by Type (2019 VS 2023 VS 2030)
        3.3.2 Global Variable Frequency Drive (VFD) Sales Volume, by Type (2019-2030)
        3.3.3 Global Variable Frequency Drive (VFD) Sales Volume, by Type (%) (2019-2030)
    3.4 Global Variable Frequency Drive (VFD) Average Price by Type (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Electric Power
        4.1.2 Mining
        4.1.3 Metallurgical
        4.1.4 Petrochemical
        4.1.5 Building Materials
        4.1.6 Others
    4.2 Global Variable Frequency Drive (VFD) Sales Value by Application
        4.2.1 Global Variable Frequency Drive (VFD) Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Variable Frequency Drive (VFD) Sales Value, by Application (2019-2030)
        4.2.3 Global Variable Frequency Drive (VFD) Sales Value, by Application (%) (2019-2030)
    4.3 Global Variable Frequency Drive (VFD) Sales Volume by Application
        4.3.1 Global Variable Frequency Drive (VFD) Sales Volume by Application (2019 VS 2023 VS 2030)
        4.3.2 Global Variable Frequency Drive (VFD) Sales Volume, by Application (2019-2030)
        4.3.3 Global Variable Frequency Drive (VFD) Sales Volume, by Application (%) (2019-2030)
    4.4 Global Variable Frequency Drive (VFD) Average Price by Application (2019-2030)

 5 Segmentation by Region
    5.1 Global Variable Frequency Drive (VFD) Sales Value by Region
        5.1.1 Global Variable Frequency Drive (VFD) Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Variable Frequency Drive (VFD) Sales Value by Region (2019-2024)
        5.1.3 Global Variable Frequency Drive (VFD) Sales Value by Region (2025-2030)
        5.1.4 Global Variable Frequency Drive (VFD) Sales Value by Region (%), (2019-2030)
    5.2 Global Variable Frequency Drive (VFD) Sales Volume by Region
        5.2.1 Global Variable Frequency Drive (VFD) Sales Volume by Region: 2019 VS 2023 VS 2030
        5.2.2 Global Variable Frequency Drive (VFD) Sales Volume by Region (2019-2024)
        5.2.3 Global Variable Frequency Drive (VFD) Sales Volume by Region (2025-2030)
        5.2.4 Global Variable Frequency Drive (VFD) Sales Volume by Region (%), (2019-2030)
    5.3 Global Variable Frequency Drive (VFD) Average Price by Region (2019-2030)
    5.4 North America
        5.4.1 North America Variable Frequency Drive (VFD) Sales Value, 2019-2030
        5.4.2 North America Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    5.5 Europe
        5.5.1 Europe Variable Frequency Drive (VFD) Sales Value, 2019-2030
        5.5.2 Europe Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    5.6 Asia Pacific
        5.6.1 Asia Pacific Variable Frequency Drive (VFD) Sales Value, 2019-2030
        5.6.2 Asia Pacific Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    5.7 South America
        5.7.1 South America Variable Frequency Drive (VFD) Sales Value, 2019-2030
        5.7.2 South America Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    5.8 Middle East & Africa
        5.8.1 Middle East & Africa Variable Frequency Drive (VFD) Sales Value, 2019-2030
        5.8.2 Middle East & Africa Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Variable Frequency Drive (VFD) Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Variable Frequency Drive (VFD) Sales Value
        6.2.1 Key Countries/Regions Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.2.2 Key Countries/Regions Variable Frequency Drive (VFD) Sales Volume, 2019-2030
    6.3 United States
        6.3.1 United States Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.3.2 United States Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.4.2 Europe Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.5.2 China Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.6.2 Japan Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.7.2 South Korea Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.8.2 Southeast Asia Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Variable Frequency Drive (VFD) Sales Value, 2019-2030
        6.9.2 India Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Variable Frequency Drive (VFD) Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 ABB
        7.1.1 ABB Company Information
        7.1.2 ABB Introduction and Business Overview
        7.1.3 ABB Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.1.4 ABB Variable Frequency Drive (VFD) Product Offerings
        7.1.5 ABB Recent Development
    7.2 SIEMENS
        7.2.1 SIEMENS Company Information
        7.2.2 SIEMENS Introduction and Business Overview
        7.2.3 SIEMENS Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.2.4 SIEMENS Variable Frequency Drive (VFD) Product Offerings
        7.2.5 SIEMENS Recent Development
    7.3 Schneider
        7.3.1 Schneider Company Information
        7.3.2 Schneider Introduction and Business Overview
        7.3.3 Schneider Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.3.4 Schneider Variable Frequency Drive (VFD) Product Offerings
        7.3.5 Schneider Recent Development
    7.4 Danfoss
        7.4.1 Danfoss Company Information
        7.4.2 Danfoss Introduction and Business Overview
        7.4.3 Danfoss Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.4.4 Danfoss Variable Frequency Drive (VFD) Product Offerings
        7.4.5 Danfoss Recent Development
    7.5 Rockwell
        7.5.1 Rockwell Company Information
        7.5.2 Rockwell Introduction and Business Overview
        7.5.3 Rockwell Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.5.4 Rockwell Variable Frequency Drive (VFD) Product Offerings
        7.5.5 Rockwell Recent Development
    7.6 YASKAWA
        7.6.1 YASKAWA Company Information
        7.6.2 YASKAWA Introduction and Business Overview
        7.6.3 YASKAWA Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.6.4 YASKAWA Variable Frequency Drive (VFD) Product Offerings
        7.6.5 YASKAWA Recent Development
    7.7 MITSUBISHI ELECTRIC
        7.7.1 MITSUBISHI ELECTRIC Company Information
        7.7.2 MITSUBISHI ELECTRIC Introduction and Business Overview
        7.7.3 MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.7.4 MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Product Offerings
        7.7.5 MITSUBISHI ELECTRIC Recent Development
    7.8 Fuji Electric
        7.8.1 Fuji Electric Company Information
        7.8.2 Fuji Electric Introduction and Business Overview
        7.8.3 Fuji Electric Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.8.4 Fuji Electric Variable Frequency Drive (VFD) Product Offerings
        7.8.5 Fuji Electric Recent Development
    7.9 Inovance Technology
        7.9.1 Inovance Technology Company Information
        7.9.2 Inovance Technology Introduction and Business Overview
        7.9.3 Inovance Technology Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.9.4 Inovance Technology Variable Frequency Drive (VFD) Product Offerings
        7.9.5 Inovance Technology Recent Development
    7.10 Delta
        7.10.1 Delta Company Information
        7.10.2 Delta Introduction and Business Overview
        7.10.3 Delta Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.10.4 Delta Variable Frequency Drive (VFD) Product Offerings
        7.10.5 Delta Recent Development
    7.11 GE Power Conversion
        7.11.1 GE Power Conversion Company Information
        7.11.2 GE Power Conversion Introduction and Business Overview
        7.11.3 GE Power Conversion Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.11.4 GE Power Conversion Variable Frequency Drive (VFD) Product Offerings
        7.11.5 GE Power Conversion Recent Development
    7.12 INVT
        7.12.1 INVT Company Information
        7.12.2 INVT Introduction and Business Overview
        7.12.3 INVT Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.12.4 INVT Variable Frequency Drive (VFD) Product Offerings
        7.12.5 INVT Recent Development
    7.13 Hiconics Eco-energy Technology
        7.13.1 Hiconics Eco-energy Technology Company Information
        7.13.2 Hiconics Eco-energy Technology Introduction and Business Overview
        7.13.3 Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.13.4 Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Product Offerings
        7.13.5 Hiconics Eco-energy Technology Recent Development
    7.14 VEICHI
        7.14.1 VEICHI Company Information
        7.14.2 VEICHI Introduction and Business Overview
        7.14.3 VEICHI Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.14.4 VEICHI Variable Frequency Drive (VFD) Product Offerings
        7.14.5 VEICHI Recent Development
    7.15 HopeSenlan Science and Technology
        7.15.1 HopeSenlan Science and Technology Company Information
        7.15.2 HopeSenlan Science and Technology Introduction and Business Overview
        7.15.3 HopeSenlan Science and Technology Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.15.4 HopeSenlan Science and Technology Variable Frequency Drive (VFD) Product Offerings
        7.15.5 HopeSenlan Science and Technology Recent Development
    7.16 EURA DRIVES
        7.16.1 EURA DRIVES Company Information
        7.16.2 EURA DRIVES Introduction and Business Overview
        7.16.3 EURA DRIVES Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.16.4 EURA DRIVES Variable Frequency Drive (VFD) Product Offerings
        7.16.5 EURA DRIVES Recent Development
    7.17 POWTRAN
        7.17.1 POWTRAN Company Information
        7.17.2 POWTRAN Introduction and Business Overview
        7.17.3 POWTRAN Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.17.4 POWTRAN Variable Frequency Drive (VFD) Product Offerings
        7.17.5 POWTRAN Recent Development
    7.18 Sichuan Jialing Electrical
        7.18.1 Sichuan Jialing Electrical Company Information
        7.18.2 Sichuan Jialing Electrical Introduction and Business Overview
        7.18.3 Sichuan Jialing Electrical Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.18.4 Sichuan Jialing Electrical Variable Frequency Drive (VFD) Product Offerings
        7.18.5 Sichuan Jialing Electrical Recent Development
    7.19 Xinfengguang Electronics
        7.19.1 Xinfengguang Electronics Company Information
        7.19.2 Xinfengguang Electronics Introduction and Business Overview
        7.19.3 Xinfengguang Electronics Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.19.4 Xinfengguang Electronics Variable Frequency Drive (VFD) Product Offerings
        7.19.5 Xinfengguang Electronics Recent Development
    7.20 SINEE
        7.20.1 SINEE Company Information
        7.20.2 SINEE Introduction and Business Overview
        7.20.3 SINEE Variable Frequency Drive (VFD) Sales, Revenue and Gross Margin (2019-2024)
        7.20.4 SINEE Variable Frequency Drive (VFD) Product Offerings
        7.20.5 SINEE Recent Development

 8 Industry Chain Analysis
    8.1 Variable Frequency Drive (VFD) Industrial Chain
    8.2 Variable Frequency Drive (VFD) Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Variable Frequency Drive (VFD) Sales Model
        8.5.2 Sales Channel
        8.5.3 Variable Frequency Drive (VFD) Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Variable Frequency Drive (VFD) Market Trends
    Table 2. Variable Frequency Drive (VFD) Market Drivers & Opportunity
    Table 3. Variable Frequency Drive (VFD) Market Challenges
    Table 4. Variable Frequency Drive (VFD) Market Restraints
    Table 5. Global Variable Frequency Drive (VFD) Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Variable Frequency Drive (VFD) Revenue Market Share by Company (2019-2024)
    Table 7. Global Variable Frequency Drive (VFD) Sales Volume by Company (2019-2024) & (K Units)
    Table 8. Global Variable Frequency Drive (VFD) Sales Volume Market Share by Company (2019-2024)
    Table 9. Global Market Variable Frequency Drive (VFD) Price by Company (2019-2024) & (US$/Unit)
    Table 10. Key Manufacturers Variable Frequency Drive (VFD) Manufacturing Base Distribution and Headquarters
    Table 11. Key Manufacturers Variable Frequency Drive (VFD) Product Type
    Table 12. Key Manufacturers Time to Begin Mass Production of Variable Frequency Drive (VFD)
    Table 13. Global Variable Frequency Drive (VFD) Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Variable Frequency Drive (VFD) as of 2023)
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global Variable Frequency Drive (VFD) Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 17. Global Variable Frequency Drive (VFD) Sales Value by Type (2019-2024) & (US$ Million)
    Table 18. Global Variable Frequency Drive (VFD) Sales Value by Type (2025-2030) & (US$ Million)
    Table 19. Global Variable Frequency Drive (VFD) Sales Market Share in Value by Type (2019-2024) & (%)
    Table 20. Global Variable Frequency Drive (VFD) Sales Market Share in Value by Type (2025-2030) & (%)
    Table 21. Global Variable Frequency Drive (VFD) Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units)
    Table 22. Global Variable Frequency Drive (VFD) Sales Volume by Type (2019-2024) & (K Units)
    Table 23. Global Variable Frequency Drive (VFD) Sales Volume by Type (2025-2030) & (K Units)
    Table 24. Global Variable Frequency Drive (VFD) Sales Market Share in Volume by Type (2019-2024) & (%)
    Table 25. Global Variable Frequency Drive (VFD) Sales Market Share in Volume by Type (2025-2030) & (%)
    Table 26. Global Variable Frequency Drive (VFD) Price by Type (2019-2024) & (US$/Unit)
    Table 27. Global Variable Frequency Drive (VFD) Price by Type (2025-2030) & (US$/Unit)
    Table 28. Global Variable Frequency Drive (VFD) Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 29. Global Variable Frequency Drive (VFD) Sales Value by Application (2019-2024) & (US$ Million)
    Table 30. Global Variable Frequency Drive (VFD) Sales Value by Application (2025-2030) & (US$ Million)
    Table 31. Global Variable Frequency Drive (VFD) Sales Market Share in Value by Application (2019-2024) & (%)
    Table 32. Global Variable Frequency Drive (VFD) Sales Market Share in Value by Application (2025-2030) & (%)
    Table 33. Global Variable Frequency Drive (VFD) Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units)
    Table 34. Global Variable Frequency Drive (VFD) Sales Volume by Application (2019-2024) & (K Units)
    Table 35. Global Variable Frequency Drive (VFD) Sales Volume by Application (2025-2030) & (K Units)
    Table 36. Global Variable Frequency Drive (VFD) Sales Market Share in Volume by Application (2019-2024) & (%)
    Table 37. Global Variable Frequency Drive (VFD) Sales Market Share in Volume by Application (2025-2030) & (%)
    Table 38. Global Variable Frequency Drive (VFD) Price by Application (2019-2024) & (US$/Unit)
    Table 39. Global Variable Frequency Drive (VFD) Price by Application (2025-2030) & (US$/Unit)
    Table 40. Global Variable Frequency Drive (VFD) Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 41. Global Variable Frequency Drive (VFD) Sales Value by Region (2019-2024) & (US$ Million)
    Table 42. Global Variable Frequency Drive (VFD) Sales Value by Region (2025-2030) & (US$ Million)
    Table 43. Global Variable Frequency Drive (VFD) Sales Value by Region (2019-2024) & (%)
    Table 44. Global Variable Frequency Drive (VFD) Sales Value by Region (2025-2030) & (%)
    Table 45. Global Variable Frequency Drive (VFD) Sales Volume by Region (K Units): 2019 VS 2023 VS 2030
    Table 46. Global Variable Frequency Drive (VFD) Sales Volume by Region (2019-2024) & (K Units)
    Table 47. Global Variable Frequency Drive (VFD) Sales Volume by Region (2025-2030) & (K Units)
    Table 48. Global Variable Frequency Drive (VFD) Sales Volume by Region (2019-2024) & (%)
    Table 49. Global Variable Frequency Drive (VFD) Sales Volume by Region (2025-2030) & (%)
    Table 50. Global Variable Frequency Drive (VFD) Average Price by Region (2019-2024) & (US$/Unit)
    Table 51. Global Variable Frequency Drive (VFD) Average Price by Region (2025-2030) & (US$/Unit)
    Table 52. Key Countries/Regions Variable Frequency Drive (VFD) Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 53. Key Countries/Regions Variable Frequency Drive (VFD) Sales Value, (2019-2024) & (US$ Million)
    Table 54. Key Countries/Regions Variable Frequency Drive (VFD) Sales Value, (2025-2030) & (US$ Million)
    Table 55. Key Countries/Regions Variable Frequency Drive (VFD) Sales Volume, (2019-2024) & (K Units)
    Table 56. Key Countries/Regions Variable Frequency Drive (VFD) Sales Volume, (2025-2030) & (K Units)
    Table 57. ABB Company Information
    Table 58. ABB Introduction and Business Overview
    Table 59. ABB Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 60. ABB Variable Frequency Drive (VFD) Product Offerings
    Table 61. ABB Recent Development
    Table 62. SIEMENS Company Information
    Table 63. SIEMENS Introduction and Business Overview
    Table 64. SIEMENS Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 65. SIEMENS Variable Frequency Drive (VFD) Product Offerings
    Table 66. SIEMENS Recent Development
    Table 67. Schneider Company Information
    Table 68. Schneider Introduction and Business Overview
    Table 69. Schneider Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 70. Schneider Variable Frequency Drive (VFD) Product Offerings
    Table 71. Schneider Recent Development
    Table 72. Danfoss Company Information
    Table 73. Danfoss Introduction and Business Overview
    Table 74. Danfoss Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 75. Danfoss Variable Frequency Drive (VFD) Product Offerings
    Table 76. Danfoss Recent Development
    Table 77. Rockwell Company Information
    Table 78. Rockwell Introduction and Business Overview
    Table 79. Rockwell Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 80. Rockwell Variable Frequency Drive (VFD) Product Offerings
    Table 81. Rockwell Recent Development
    Table 82. YASKAWA Company Information
    Table 83. YASKAWA Introduction and Business Overview
    Table 84. YASKAWA Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 85. YASKAWA Variable Frequency Drive (VFD) Product Offerings
    Table 86. YASKAWA Recent Development
    Table 87. MITSUBISHI ELECTRIC Company Information
    Table 88. MITSUBISHI ELECTRIC Introduction and Business Overview
    Table 89. MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 90. MITSUBISHI ELECTRIC Variable Frequency Drive (VFD) Product Offerings
    Table 91. MITSUBISHI ELECTRIC Recent Development
    Table 92. Fuji Electric Company Information
    Table 93. Fuji Electric Introduction and Business Overview
    Table 94. Fuji Electric Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 95. Fuji Electric Variable Frequency Drive (VFD) Product Offerings
    Table 96. Fuji Electric Recent Development
    Table 97. Inovance Technology Company Information
    Table 98. Inovance Technology Introduction and Business Overview
    Table 99. Inovance Technology Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 100. Inovance Technology Variable Frequency Drive (VFD) Product Offerings
    Table 101. Inovance Technology Recent Development
    Table 102. Delta Company Information
    Table 103. Delta Introduction and Business Overview
    Table 104. Delta Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 105. Delta Variable Frequency Drive (VFD) Product Offerings
    Table 106. Delta Recent Development
    Table 107. GE Power Conversion Company Information
    Table 108. GE Power Conversion Introduction and Business Overview
    Table 109. GE Power Conversion Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 110. GE Power Conversion Variable Frequency Drive (VFD) Product Offerings
    Table 111. GE Power Conversion Recent Development
    Table 112. INVT Company Information
    Table 113. INVT Introduction and Business Overview
    Table 114. INVT Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 115. INVT Variable Frequency Drive (VFD) Product Offerings
    Table 116. INVT Recent Development
    Table 117. Hiconics Eco-energy Technology Company Information
    Table 118. Hiconics Eco-energy Technology Introduction and Business Overview
    Table 119. Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 120. Hiconics Eco-energy Technology Variable Frequency Drive (VFD) Product Offerings
    Table 121. Hiconics Eco-energy Technology Recent Development
    Table 122. VEICHI Company Information
    Table 123. VEICHI Introduction and Business Overview
    Table 124. VEICHI Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 125. VEICHI Variable Frequency Drive (VFD) Product Offerings
    Table 126. VEICHI Recent Development
    Table 127. HopeSenlan Science and Technology Company Information
    Table 128. HopeSenlan Science and Technology Introduction and Business Overview
    Table 129. HopeSenlan Science and Technology Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 130. HopeSenlan Science and Technology Variable Frequency Drive (VFD) Product Offerings
    Table 131. HopeSenlan Science and Technology Recent Development
    Table 132. EURA DRIVES Company Information
    Table 133. EURA DRIVES Introduction and Business Overview
    Table 134. EURA DRIVES Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 135. EURA DRIVES Variable Frequency Drive (VFD) Product Offerings
    Table 136. EURA DRIVES Recent Development
    Table 137. POWTRAN Company Information
    Table 138. POWTRAN Introduction and Business Overview
    Table 139. POWTRAN Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 140. POWTRAN Variable Frequency Drive (VFD) Product Offerings
    Table 141. POWTRAN Recent Development
    Table 142. Sichuan Jialing Electrical Company Information
    Table 143. Sichuan Jialing Electrical Introduction and Business Overview
    Table 144. Sichuan Jialing Electrical Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 145. Sichuan Jialing Electrical Variable Frequency Drive (VFD) Product Offerings
    Table 146. Sichuan Jialing Electrical Recent Development
    Table 147. Xinfengguang Electronics Company Information
    Table 148. Xinfengguang Electronics Introduction and Business Overview
    Table 149. Xinfengguang Electronics Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 150. Xinfengguang Electronics Variable Frequency Drive (VFD) Product Offerings
    Table 151. Xinfengguang Electronics Recent Development
    Table 152. SINEE Company Information
    Table 153. SINEE Introduction and Business Overview
    Table 154. SINEE Variable Frequency Drive (VFD) Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
    Table 155. SINEE Variable Frequency Drive (VFD) Product Offerings
    Table 156. SINEE Recent Development
    Table 157. Key Raw Materials Lists
    Table 158. Raw Materials Key Suppliers Lists
    Table 159. Variable Frequency Drive (VFD) Downstream Customers
    Table 160. Variable Frequency Drive (VFD) Distributors List
    Table 161. Research Programs/Design for This Report
    Table 162. Key Data Information from Secondary Sources
    Table 163. Key Data Information from Primary Sources
List of Figures
    Figure 1. Variable Frequency Drive (VFD) Product Picture
    Figure 2. Global Variable Frequency Drive (VFD) Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 4. Global Variable Frequency Drive (VFD) Sales Volume (2019-2030) & (K Units)
    Figure 5. Global Variable Frequency Drive (VFD) Sales Price (2019-2030) & (US$/Unit)
    Figure 6. Variable Frequency Drive (VFD) Report Years Considered
    Figure 7. Global Variable Frequency Drive (VFD) Players Revenue Ranking (2023) & (US$ Million)
    Figure 8. Global Variable Frequency Drive (VFD) Players Sales Volume Ranking (2023) & (K Units)
    Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Variable Frequency Drive (VFD) Revenue in 2023
    Figure 10. Variable Frequency Drive (VFD) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 11. MV and LV Frequency Converter Picture
    Figure 12. High Voltage Frequency Converter Picture
    Figure 13. Global Variable Frequency Drive (VFD) Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 14. Global Variable Frequency Drive (VFD) Sales Value Market Share by Type, 2023 & 2030
    Figure 15. Global Variable Frequency Drive (VFD) Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units)
    Figure 16. Global Variable Frequency Drive (VFD) Sales Volume Market Share by Type, 2023 & 2030
    Figure 17. Global Variable Frequency Drive (VFD) Price by Type (2019-2030) & (US$/Unit)
    Figure 18. Product Picture of Electric Power
    Figure 19. Product Picture of Mining
    Figure 20. Product Picture of Metallurgical
    Figure 21. Product Picture of Petrochemical
    Figure 22. Product Picture of Building Materials
    Figure 23. Product Picture of Others
    Figure 24. Global Variable Frequency Drive (VFD) Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 25. Global Variable Frequency Drive (VFD) Sales Value Market Share by Application, 2023 & 2030
    Figure 26. Global Variable Frequency Drive (VFD) Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units)
    Figure 27. Global Variable Frequency Drive (VFD) Sales Volume Market Share by Application, 2023 & 2030
    Figure 28. Global Variable Frequency Drive (VFD) Price by Application (2019-2030) & (US$/Unit)
    Figure 29. North America Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 30. North America Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    Figure 31. Europe Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 32. Europe Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    Figure 33. Asia Pacific Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 34. Asia Pacific Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    Figure 35. South America Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 36. South America Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    Figure 37. Middle East & Africa Variable Frequency Drive (VFD) Sales Value (2019-2030) & (US$ Million)
    Figure 38. Middle East & Africa Variable Frequency Drive (VFD) Sales Value by Country (%), 2023 VS 2030
    Figure 39. Key Countries/Regions Variable Frequency Drive (VFD) Sales Value (%), (2019-2030)
    Figure 40. Key Countries/Regions Variable Frequency Drive (VFD) Sales Volume (%), (2019-2030)
    Figure 41. United States Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 42. United States Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 43. United States Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 44. Europe Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 45. Europe Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 46. Europe Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 47. China Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 48. China Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 49. China Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 50. Japan Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 51. Japan Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 52. Japan Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 53. South Korea Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 54. South Korea Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 55. South Korea Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 56. Southeast Asia Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 57. Southeast Asia Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 58. Southeast Asia Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 59. India Variable Frequency Drive (VFD) Sales Value, (2019-2030) & (US$ Million)
    Figure 60. India Variable Frequency Drive (VFD) Sales Value by Type (%), 2023 VS 2030
    Figure 61. India Variable Frequency Drive (VFD) Sales Value by Application (%), 2023 VS 2030
    Figure 62. Variable Frequency Drive (VFD) Industrial Chain
    Figure 63. Variable Frequency Drive (VFD) Manufacturing Cost Structure
    Figure 64. Channels of Distribution (Direct Sales, and Distribution)
    Figure 65. Bottom-up and Top-down Approaches for This Report
    Figure 66. Data Triangulation
    Figure 67. Key Executives Interviewed

Description

Variable frequency Drive (VFD) is an electric power control device which controls AC motor by changing the working power frequency of the motor by using frequency conversion technology and microelectronic technology. The frequency converter is mainly composed of rectifier (AC to DC), filter, inverter (DC to AC), brake unit, drive unit, detection unit, micro-processing unit, etc.

The global market for Variable Frequency Drive (VFD) was estimated to be worth US$ 14970 million in 2023 and is forecast to a readjusted size of US$ 18710 million by 2030 with a CAGR of 3.2% during the forecast period 2024-2030

The major players in global Variable frequency Drive (VFD) market include ABB, SIEMENS, Schneider, etc. The top 3 players occupy over 35% shares of the global market. Middle and Low Voltage Frequency Converter is the main type, with a share about 70%. Electric Power is the main application, which holds a share about 30%.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Variable Frequency Drive (VFD), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Variable Frequency Drive (VFD) by region & country, by Type, and by Application.

The Variable Frequency Drive (VFD) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Variable Frequency Drive (VFD).

Market Segmentation