Variable Frequency Drive Market Share & Growth

2025

2030

Global Variable Frequency Drive (VFD) Market – Analysis and Forecast (2025-2030)

Industry Insights by Type (AC, DC, and Servo), by Voltage (Low, Medium), by Power Range (Micro, Low, Medium, High), by Application (Pumps, Fans, Compressors, Conveyors) by End-User (Industrial, Infrastructure, Oil & Gas, and Power Generation)

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Industry Overview

The size of the global Variable Frequency Drive Market was estimated at USD 24.9 billion in 2023, and it is anticipated to increase at a CAGR of 5.5% by 2030. Growing demand for variable frequency drives (VFD) due to their benefits such as adjustable speed, dynamic torque control, and energy-saving from sectors such as power generation, automotive, and oil & gas are crucial factors expected to fuel the market growth. These factors also include increasing penetration of connected devices in various sectors such as commercial, industrial, and residential sectors. The demand for HVAC systems is also rising as a result of rising infrastructure development investments, which necessitates the development of solutions to increase building energy efficiency. This aspect is anticipated to have a beneficial impact on the target market's expansion.

Variable Frequency Drive Market

Covid-19 Impact

Due to supply chain interruptions, the COVID-19 pandemic has had a large negative immediate impact on the electric motor manufacturing industry. Players in the industry are preparing for delivery and construction delays, either as a result of the stoppage of industrial operations to stop the virus' spread or because workers have tested positive. China, the US, and several European nations supply many of the parts and components required in the production of electric motors. The manufacture of variable frequency drives has been affected over the past two years by the downturn in industrial operations in the US and China. In addition, the supply-demand imbalance cost component and part of producers’ money.

Market Segment

Insight by Type

Based on type, the market is split into three categories: AC, DC, and other servos. The AC Drive industry is predicted to experience the highest CAGR during the projection period. The benefits of AC drives, such as their high power, ease of installation in comparison to other systems, and minimal maintenance needs, can be credited for this increase. To increase operational effectiveness, these benefits are luring many end-users from industries including food and beverage, automotive, and power generation. As a result of the industrial sector's rapid growth, there is a high demand for AC drives, which is anticipated to support the segment's growth.

The DC drive category in the target market is anticipated to increase moderately, with a CAGR of 4.8% between 2025 and 2030. Due to their higher maintenance costs when compared to AC technology, DC technology is only occasionally used in industrial settings.

Insight by voltage

Based on the voltage range the VFD market is segmented into low-level, medium-level, and high-level voltage. By accounting for more than 40% of market sales in 2023, the low power range segment led the world market. Low voltage frequency drives are used by end-use industries to power machinery such as centrifugal compressors, belt conveyors, pumps, fans, and pumps. High-performance, small-in-size, low-temperature low voltage drives are currently the focus of significant manufacturing investment. Thus, it is anticipated that the category will continue to dominate market growth due to factors like the extensive implementation of low voltage frequency drive-in industry verticals and rising R&D spending.

Insight by power range

Based on power range, the VFD market is categorized into micro (< 6 KW), low (6Kw to 40 kW), medium (41-200Kw), and high (> 200 kW) power drives. A sizeable portion of revenue was contributed by the medium power range frequency drive, which is anticipated to grow at a CAGR of 5.7% between 2023 and 2030. The advantages of 41-200 kW power range frequency drives are increased operating flexibility and better control. These are a big part of why their demand is rising across a variety of industries, including wastewater treatment facilities, petrochemicals, mining, etc. The petrochemical industry's strong demand is also anticipated to assist the segment's expansion.

Insight by application

Pumps, fans, compressors, conveyors, and other components are the application market of the global VFD market. The pump segment has the largest VFD market share as it is used in water treatment applications in various industries. During the projected period HAVC market is also estimated to contribute with a remarkable CAGR of 6.8%. The demand for HVAC systems is predicted to expand due to the rapid rise in residential and commercial development activity. By regulating the speed of blower fans, pumps, or compressors, a VFD connected to the HVAC system aids in improving energy efficiency.

Insight by an end-user

With a 20% revenue share in 2021, the oil & gas segment held the majority of the market. At the production site, large pumps and motors are used by the oil and gas industry for a variety of purposes, including extraction, pumping, distribution, etc. The output is increased by reducing energy consumption when the variable frequency drive is integrated with the motors. As a result, it is anticipated that the demand for VFD will be fueled by players' strategies for maximizing profit by improving efficiency. In the target market, a sizable portion of revenue is anticipated to come from the industrial category.

Global Variable Frequency Drive Market Report Coverage

Report Metric	Details
Historical Period	2018 - 2023
Base Year Considered	2024
Forecast Period	2025 - 2030
Market Size in 2023	U.S.D. 24.9 Billion
Revenue Forecast in 2030	U.S.D. XX Billion
Growth Rate	5.5%
Segments Covered in the Report	By Type, By Voltage, By power range, By application, and by end-user.
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific, the Middle East, and the Rest of the World

Industry Dynamics

Growth drivers

The main market factors influencing the market growth include the need for energy efficiency, rising VFD usage across a range of industries, and a supportive regulatory environment. Nearly 65% of the industry's power usage is caused by electric motors. This gadget can cut the facility's energy use by about 70%. Additionally, it raises product quality and can cut production costs. Different industry verticals' increased propensity for digitization, connection, and automation of industrial processes has led to an increase in demand for VFDs, which enables them to remotely manage the process. By monitoring and checking the motor by variable drives, transforming them into smart motors, and even allowing them to be controlled remotely or even automatically, the resulting data can be improved with a notable gain in competence and energy savings in complex industrial uses like the HVAC systems of large buildings, further enhancing performance, system efficiency, and energy savings.

Challenges

The prevalence of cheap, inferior products is the main issue in the market for VFD that has been identified as having the potential to restrain market growth over the anticipated timeframe. There are many low-cost imitations and cheap alternatives accessible on the market, which have the power to draw people and present a challenge. Due to supply chain interruptions, the COVID-19 pandemic has had a large negative immediate impact on the electric motor manufacturing industry. Players in the industry are preparing for delivery and construction delays, either as a result of the stoppage of industrial operations to stop the virus' spread or because workers have tested positive. China, the US, and several European nations supply many of the parts and components required in the production of electric motors. The manufacture of variable frequency drives has been affected over the past two years by the downturn in industrial operations in the US and China. In addition, the supply-demand imbalance cost component and part producer’s money.

Industry Ecosystem

Transmission and distribution (T&D) networks need to be dependable and stable to meet the rising energy demand. The global decline in exploration and production activities in the oil and gas industry as a result of falling oil prices has had an impact on the market for variable frequency drives as well as the operations of major market participants.

Geographical Overview

The Asia Pacific market dominates the global VFD market and is attributed to be participating highest in the growth plan during the furcated period as well. The government's business-friendly policies, rapid industrialization in developing nations, and rising construction activity are all expected to boost regional market expansion. A surge in demand for VFDs to increase working efficiency and lower energy consumption is anticipated as a result of rapid commercialization, the presence of major automotive, water treatment, pulp, and food and beverage manufacturers operating in nations like India, China, and Japan, and strong and stable economic growth.

Latin America is anticipated to grow at a CAGR of 6.2% during the projection period in addition to taking the growth drive of privatization and urbanization occurring in nations like Brazil and Mexico. In addition, rising demand from a variety of end-use sectors, including cement, chemicals, and pulp, is anticipated to drive the expansion of the VFD market in this area.

News & Update

Siemens released the innovative, powerful, and compact SINAMICS G115D drive system in April 2021 with a focus on horizontal conveyor applications. The drive system is available in two configurations—motor-mounted and wall-mounted—and combines the motor, drive, and gearbox in a single piece.
A variable speed drive called the Altivar 360, for applications requiring 0.37 to 22 kW/0.5 to 30 HP, was announced by Schneider Electric in February 2020. This drive is especially well-suited for applications involving industrial machines and some consumer machines because of its small size, durable design, simplicity of installation, based on the Plug & Play principle, integrated functionality, and macro setup.
A sizable quantity of AC drives and other products were anticipated to be supplied by Danfoss Drives and other Danfoss business segments to the research, product development, and manufacturing facility Smart Technology Hub of the technology firm Wartsila in November 2020.

Competitive Insight

The market's core players employ a variety of tactics to strengthen their position as the industry's leading businesses. One such key strategy is hiring businesses to increase brand value among customers. Regularly releasing cutting-edge products that will benefit users is another crucial tactic.

Some of the significant industry players with extensive regional reach control the majority of the variable frequency drive market. ABB, Eaton, General Electric, Hitachi Ltd., Rockwell Automation Inc., Schneider Electric, Siemens AG, The Danfoss Group, WEG S.A., and Yaskawa Electric Corporation are renowned key market players.

The Variable Frequency Drive (VFD) Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

By Type
- AC
- DC
- Servo
By Voltage
- Low
- Medium
- High
By Power Range
- < 6 KW
- 6Kw to 40 kW
- 41-200Kw
- >200Kw
By Application
- Pumps
- Fans
- Compressors
- Conveyors
By End-User
- Industrial
- Infrastructure
- Oil & Gas
- Power Generation

Region Covered in the Report

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries

Variable Frequency Drive Market Analysis

1. Research Overview

1.1. The Report Offers

1.2. Market Coverage

1.2.1. By Type

1.2.2. By Voltage

1.2.3. By Power Range

1.2.4. By Application

1.2.5. By End-User

1.2.6. By Region

1.3. Research Phases

1.4. Limitations

1.5. Market Size Estimations and Forecast

1.5.1. Data Sources

1.5.1.1. Primary Research

1.5.1.2. Secondary Research

1.5.2. Methodology

1.5.2.1. Data Exploration

1.5.2.2. Forecast Parameters

1.5.2.3. Data Validation

1.5.2.4. Assumptions

1.5.3. Study Period & Data Reporting Unit

2. Executive Summary

3. Market Definition

3.1. By Type

3.1.1. AC Drives

3.1.2. DC Drives

3.1.3. Servo Drives

3.2. By Voltage

3.2.1. Low Voltage

3.2.2. Medium Voltage

3.3. By Power Range

3.3.1. Micro Power Drives

3.3.2. Low Power Drives

3.3.3. Medium Power Drives

3.3.4. High Power Drives

3.4. By Application

3.4.1. Fans

3.4.2. Pumps

3.4.3. Conveyors

3.4.4. Compressors

3.4.5. Others

3.5. By End-User

3.5.1. Industrial

3.5.2. Power Generation

3.5.3. Infrastructure

3.5.4. Oil & Gas

4. Industry Overview

4.1. Industry Dynamics

4.1.1. Major Drivers

4.1.2. Major Restraints

4.1.3. Key Trends

4.1.4. Key Opportunities

4.2. Industry Ecosystem

4.2.1. Porter’s Five Forces Analysis

4.2.2. Value Chain Analysis

4.2.3. Pricing Analysis

4.3. Competitive Insight

4.3.1. Competitive Scenario

4.3.2. Market Rank of Key Players

5. Global Market Estimate and Forecast

5.1. By Type

5.2. By Voltage

5.3. By Power Range

5.4. By Application

5.5. By End-User

5.6. By Region

6. North America Market Estimate and Forecast

6.1. By Type

6.2. By Voltage

6.3. By Power Range

6.4. By Application

6.5. By End-User

6.6. By Country

6.6.1. U.S. Market Estimate and Forecast

6.6.2. Canada Market Estimate and Forecast

6.6.3. Mexico Market Estimate and Forecast

7. Europe Market Estimate and Forecast

7.1. By Type

7.2. By Voltage

7.3. By Power Range

7.4. By Application

7.5. By End-User

7.6. By Country

7.6.1. Germany Market Estimate and Forecast

7.6.2. U.K. Market Estimate and Forecast

7.6.3. France Market Estimate and Forecast

7.6.4. Italy Market Estimate and Forecast

7.6.5. Spain Market Estimate and Forecast

7.6.6. Russia Market Estimate and Forecast

7.6.7. Rest of Europe Market Estimate and Forecast

8. Asia-Pacific Market Estimate and Forecast

8.1. By Type

8.2. By Voltage

8.3. By Power Range

8.4. By Application

8.5. By End-User

8.6. By Country

8.6.1. China Market Estimate and Forecast

8.6.2. Japan Market Estimate and Forecast

8.6.3. India Market Estimate and Forecast

8.6.4. Australia Market Estimate and Forecast

8.6.5. South Korea Market Estimate and Forecast

8.6.6. Indonesia Market Estimate and Forecast

8.6.7. Rest of Asia-Pacific Market Estimate and Forecast

9. Middle East Market Estimate and Forecast

9.1. By Type

9.2. By Voltage

9.3. By Power Range

9.4. By Application

9.5. By End-User

9.6. By Country

9.6.1. Saudi Arabia Market Estimate and Forecast

9.6.2. Qatar Market Estimate and Forecast

9.6.3. Oman Market Estimate and Forecast

9.6.4. Kuwait Market Estimate and Forecast

9.6.5. Rest of Middle East Market Estimate and Forecast

10. Latin America Market Estimate and Forecast

10.1. By Type

10.2. By Voltage

10.3. By Power Range

10.4. By Application

10.5. By End-User

10.6. By Country

10.6.1. Brazil Market Estimate and Forecast

10.6.2. Argentina Market Estimate and Forecast

10.6.3. Chile Market Estimate and Forecast

10.6.4. Rest of Latin America Market Estimate and Forecast

11. Africa Market Estimate and Forecast

11.1. By Type

11.2. By Voltage

11.3. By Power Range

11.4. By Application

11.5. By End-User

11.6. By Country

11.6.1. Egypt Market Estimate and Forecast

11.6.2. Nigeria Market Estimate and Forecast

11.6.3. South Africa Market Estimate and Forecast

11.6.4. Rest of Africa Market Estimate and Forecast

12. Company Profiles

12.1. Siemens AG

12.1.1. Snapshot

12.1.2. Overview

12.1.3. Offerings

12.1.4. Financial Insight

12.1.5. Recent Developments

12.2. Schneider Electric SE

12.2.1. Snapshot

12.2.2. Overview

12.2.3. Offerings

12.2.4. Financial Insight

12.2.5. Recent Developments

12.3. The Danfoss Group

12.3.1. Snapshot

12.3.2. Overview

12.3.3. Offerings

12.3.4. Financial Insight

12.3.5. Recent Developments

12.4. Rockwell Automation Inc.

12.4.1. Snapshot

12.4.2. Overview

12.4.3. Offerings

12.4.4. Financial Insight

12.4.5. Recent Developments

12.5. ABB Group

12.5.1. Snapshot

12.5.2. Overview

12.5.3. Offerings

12.5.4. Financial Insight

12.5.5. Recent Developments

12.6. Crompton Greaves Ltd

12.6.1. Snapshot

12.6.2. Overview

12.6.3. Offerings

12.6.4. Financial Insight

12.6.5. Recent Developments

12.7. Eaton Corporation Plc

12.7.1. Snapshot

12.7.2. Overview

12.7.3. Offerings

12.7.4. Financial Insight

12.7.5. Recent Developments

12.8. Hitachi Ltd.

12.8.1. Snapshot

12.8.2. Overview

12.8.3. Offerings

12.8.4. Financial Insight

12.8.5. Recent Developments

12.9. Fuji Electric Co. Ltd.

12.9.1. Snapshot

12.9.2. Overview

12.9.3. Offerings

12.9.4. Financial Insight

12.9.5. Recent Developments

12.10. Nidec Corporation

12.10.1. Snapshot

12.10.2. Overview

12.10.3. Offerings

12.10.4. Financial Insight

12.10.5. Recent Developments

13. Appendix

13.1. Abbreviations

13.2. Exchange Rates

Note: Financial insight, is subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 5 Global Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 6 Global Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 7 Global Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 8 Global Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 9 Global Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 10 Global Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 11 Global Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 12 Global Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 13 Global Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 14 Global Variable Frequency Drive Market Size, by Region, 2018-2023 (USD Billion)
Table 15 Global Variable Frequency Drive Market Size, by Region, 2025 – 2030 (USD Billion)
Table 16 North America Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 17 North America Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 18 North America Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 19 North America Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 20 North America Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 21 North America Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 22 North America Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 23 North America Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 24 North America Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 25 North America Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 26 North America Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 27 North America Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 28 Europe Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 29 Europe Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 30 Europe Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 31 Europe Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 32 Europe Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 33 Europe Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 34 Europe Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 35 Europe Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 36 Europe Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 37 Europe Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 38 Europe Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 39 Europe Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 40 Asia-Pacific Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 41 Asia-Pacific Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 42 Asia-Pacific Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 43 Asia-Pacific Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 44 Asia-Pacific Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 45 Asia-Pacific Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 46 Asia-Pacific Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 47 Asia-Pacific Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 48 Asia-Pacific Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 49 Asia-Pacific Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 50 Asia-Pacific Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 51 Asia-Pacific Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 52 Middle East Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 53 Middle East Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 54 Middle East Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 55 Middle East Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 56 Middle East Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 57 Middle East Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 58 Middle East Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 59 Middle East Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 60 Middle East Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 61 Middle East Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 62 Middle East Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 63 Middle East Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 64 Latin America Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 65 Latin America Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 66 Latin America Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 67 Latin America Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 68 Latin America Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 69 Latin America Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 70 Latin America Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 71 Latin America Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 72 Latin America Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 73 Latin America Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 74 Latin America Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 75 Latin America Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 76 Africa Variable Frequency Drive Market Size, by Type, 2018-2023 (USD Billion)
Table 77 Africa Variable Frequency Drive Market Size, by Type, 2025 – 2030 (USD Billion)
Table 78 Africa Variable Frequency Drive Market Size, by Voltage, 2018-2023 (USD Billion)
Table 79 Africa Variable Frequency Drive Market Size, by Voltage, 2025 – 2030 (USD Billion)
Table 80 Africa Variable Frequency Drive Market Size, by Power Range, 2018-2023 (USD Billion)
Table 81 Africa Variable Frequency Drive Market Size, by Power Range, 2025 – 2030 (USD Billion)
Table 82 Africa Variable Frequency Drive Market Size, by Application, 2018-2023 (USD Billion)
Table 83 Africa Variable Frequency Drive Market Size, by Application, 2025 – 2030 (USD Billion)
Table 84 Africa Variable Frequency Drive Market Size, by End User, 2018-2023 (USD Billion)
Table 85 Africa Variable Frequency Drive Market Size, by End User, 2025 – 2030 (USD Billion)
Table 86 Africa Variable Frequency Drive Market Size, by Country, 2018-2023 (USD Billion)
Table 87 Africa Variable Frequency Drive Market Size, by Country, 2025 – 2030 (USD Billion)
Table 88 Snapshot – Siemens AG
Table 89 Snapshot – Schneider Electric SE
Table 90 Snapshot – The Danfoss Group
Table 91 Snapshot – Rockwell Automation Inc.
Table 92 Snapshot – ABB Group
Table 93 Snapshot – Crompton Greaves Ltd
Table 94 Snapshot – Eaton Corporation Plc
Table 95 Snapshot – Hitachi Ltd.
Table 96 Snapshot – Fuji Electric Co. Ltd.
Table 97 Snapshot – Nidec Corporation

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Variable Frequency Drive Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Variable Frequency Drive Market Highlight
Figure 12 Global Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 13 Global Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 14 Global Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 15 Global Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 16 Global Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 17 Global Variable Frequency Drive Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 18 North America Variable Frequency Drive Market Highlight
Figure 19 North America Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 20 North America Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 21 North America Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 22 North America Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 23 North America Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 24 North America Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 25 Europe Variable Frequency Drive Market Highlight
Figure 26 Europe Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 27 Europe Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 28 Europe Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 29 Europe Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 30 Europe Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 31 Europe Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Variable Frequency Drive Market Highlight
Figure 33 Asia-Pacific Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 35 Asia-Pacific Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 36 Asia-Pacific Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 37 Asia-Pacific Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 38 Asia-Pacific Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 39 Middle East Variable Frequency Drive Market Highlight
Figure 40 Middle East Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 41 Middle East Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 42 Middle East Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 43 Middle East Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 44 Middle East Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 45 Middle East Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 46 Latin America Variable Frequency Drive Market Highlight
Figure 47 Latin America Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 48 Latin America Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 49 Latin America Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 50 Latin America Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 51 Latin America Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 52 Latin America Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 53 Africa Variable Frequency Drive Market Highlight
Figure 54 Africa Variable Frequency Drive Market Size, by Type, 2018 - 2030 (USD Billion)
Figure 55 Africa Variable Frequency Drive Market Size, by Voltage, 2018 - 2030 (USD Billion)
Figure 56 Africa Variable Frequency Drive Market Size, by Power Range, 2018 - 2030 (USD Billion)
Figure 57 Africa Variable Frequency Drive Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 58 Africa Variable Frequency Drive Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 59 Africa Variable Frequency Drive Market Size, by Country, 2018 - 2030 (USD Billion)

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