Variable Frequencies Drives Market

A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor. Other names for a VFD are variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, Microdrive, and inverter.

Variable Frequencies Drives Market contains market size and forecasts of Variable Frequencies Drives in global, including the following market information:

• Global Variable Frequencies Drives Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Variable Frequencies Drives Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Variable Frequencies Drives companies in 2021 (%)

The global Variable Frequencies Drives market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

AC Drives Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Variable Frequencies Drives include ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, WEG, Yaskawa Electric, Eaton and General Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Variable Frequencies Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Variable Frequencies Drives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Variable Frequencies Drives Market Segment Percentages, by Type, 2021 (%)

• AC Drives
• DC Drives
• Servo Drives

Global Variable Frequencies Drives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Variable Frequencies Drives Market Segment Percentages, by Application, 2021 (%)

• Pumps
• Fans
• Compressors
• Conveyors
• Others

Global Variable Frequencies Drives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Variable Frequencies Drives Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Variable Frequencies Drives revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Variable Frequencies Drives revenues share in global market, 2021 (%)
• Key companies Variable Frequencies Drives sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Variable Frequencies Drives sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• ABB
• Siemens
• Schneider Electric
• Danfoss
• Rockwell Automation
• WEG
• Yaskawa Electric
• Eaton
• General Electric
• Emerson
• Hitachi
• Honeywell
• Crompton Greaves
• Mitsubishi Electric
• Fuji Electric
• NIDEC
• Invertek Drives
• Johnson Controls
• TMEIC
• Trane (Ingersoll Rand)
• Belden
• Magnetek
• NORD Drivesystems