Table of Content - Variable Frequency Drive Market

A variable frequency drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage of its power supply. Increasing demand from diverse end-use industries including cement, petrochemical, chemical, mining, oil & gas, and pulp & paper is expected to boost the global variable frequency drive (VFD) market growth over the forecast period.

Market Dynamics

Variable Frequency Drive provides potential cost saving in terms of reduce energy consumption improved process control and extended equipment lifespan by optimizing motor speed and power consumption based on actual demand moreover variable frequency drive provides precious control over motor speed and torque which enhances process control over motor speed and torque, which reduces downtime and minimizes motor cost. Such a factors are driving the growth of global variable frequency drive market over the forecast period.

Key features of the study

This report provides in-depth analysis of the global variable frequency (VFD) drive market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global variable frequency drive market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Fuji Electric Co., Ltd, Schneider Electric, Mitsubishi Electric Corporation, Toshiba International Corporation, Siemens AG, Emerson Industrial Automation, ABB Ltd., Johnson Controls Inc., American Electric Technologies Inc. (AETI), Rockwell Automation Inc., Danfoss India, General Electric Company, Honeywell International Inc., and Hitachi Limited.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global variable frequency drive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global variable frequency drive market

Market Segmentation

Global Variable Frequency Drive Market, By Deployment
- On-premise
- Cloud
Global Variable Frequency Drive Market, By Drive Type
- AC Drive
- DC Drive
- Servo Drive
Global Variable Frequency Drive Market, By Voltage Range
- Low Voltage Range
- Medium Voltage Range
Global Variable Frequency Drive Market, By Application Type
- Standard
- Regenerative
Global Variable Frequency Drive Market, By End-use Application
- Pump
- Fan
- Compressor
- Conveyor
- HVAC
- Other Applications
Global Variable Frequency Drive Market, By End-use Industry
- Oil & Gas
- Food Processing
- Automotive
- Mining & Metals
- Pulp & Papers
- Others (Power generation, chemical processing, and others)
Global Variable Frequency Drive Market, By Geography
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East & Africa
  - GCC Countries
  - Israel
  - South Africa
  - Rest of Middle East & Africa
Global Variable Frequency Drive Market: Key Companies Insights
- Electric Co., Ltd
- Schneider Electric
- Mitsubishi Electric Corporation
- Toshiba International Corporation
- Siemens AG
- Emerson Industrial Automation
- ABB Ltd.
- Johnson Controls Inc.
- American Electric Technologies Inc. (AETI)
- Rockwell Automation Inc.
- Danfoss India
- General Electric Company
- Honeywell International Inc.
- Hitachi Limited

Table of Contents

Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

Market Purview

Report Description

Market Definition and Scope

Executive Summary

Market Snapshot, By Deployment
Market Snapshot, By Drive Type
Market Snapshot, By Voltage Range
Market Snapshot, By Application Type
Market Snapshot, End-use Application
Market Snapshot, End-use Industry

Coherent Opportunity Map (COM)

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers

The rising need for an interactive view of data
Increase in investment by companies for development of more interactive data visualization tool

Restraints

Lack of skilled professionals

Opportunities

Technological advancement in data visualization tools

Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario

Global Variable Frequency Drive Market , By Drive Type, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends

AC Drive

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)

DC Drive

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)

DC Drive

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)

Global Variable Frequency Drive Market , By Voltage Range, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends

Low Voltage Range

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Medium Voltage Range

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Global Variable Frequency Drive Market , By Application Type, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends

Standard

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Regenerative

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Global Variable Frequency Drive Market , By End-use Application, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends

Pump

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Compressor

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Conveyor

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

HVAC

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Other Applications

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Global Variable Frequency Drive Market, End-use Industry, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends

Oil & Gas

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Food Processing

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Automotive

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Mining & Metals

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Pulp & Papers Applications

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Others (Power generation, chemical processing, etc.)

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

Global Variable Frequency Drive Market , By Region, 2020-2032, (US$ Bn)

Introduction

Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021–2032
Country Trends

North America

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2020-2032,(US$ Bn)

Europe

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2020-2032,(US$ Bn)

Asia Pacific

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2020-2032,(US$ Bn)

Latin America

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2020-2032,(US$ Bn)

Middle East & Africa

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Drive Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Voltage Range, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, Application Type, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Application, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End-use Industry, 2020-2032,(US$ Bn)

Competitive Landscape

Fuji Electric Co., Ltd

Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies

Schneider Electric

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Mitsubishi Electric Corporation

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Toshiba International Corporation

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Siemens AG

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Emerson Industrial Automation

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

ABB Ltd.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Johnson Controls Inc.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

American Electric Technologies Inc. (AETI)

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Rockwell Automation Inc.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Danfoss India

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

General Electric Company

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Honeywell International Inc.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies

Hitachi Limited

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views

Section

Research Methodology
About us

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now

Credibility and Certifications

860519526

9001:2015

27001:2022

Need a Custom Report?

EXISTING CLIENTELE