세계의 가변 주파수 드라이브(VFD) 시장 동향과 예측(-2029년) : 유형별, 용도별, 정격 전력별, 전압별, 최종사용자별, 지역별
Variable Frequency Drive Market by Type (AC Drive, DC Drive, Servo Drive), Application (Pumps, Fans, Compressors, Conveyors), Power Rating (Micro, Low, Medium, High), Voltage, End User and Region - Global Trends & Forecast to 2029
상품코드:1668761
리서치사:MarketsandMarkets
발행일:2024년 12월
페이지 정보:영문 299 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
세계의 가변 주파수 드라이브(VFD) 시장 규모는 2024년 추정 234억 6,000만 달러에서 2029년까지 303억 6,000만 달러에 달할 것으로 예측되며, 예측 기간(2024-2029년)에 CAGR로 5.3%의 성장이 전망됩니다.
산업화가 진행됨에 따라 에너지 소비가 증가하고 제조 공정이 복잡해짐에 따라 모터의 효율을 높이고 에너지 소비 비용을 절감하며 시스템 성능을 최적화하는 VFD에 대한 요구가 증가하고 있습니다. 에너지 절약과 경영 효율성에 대한 관심이 높아지는 것은 VFD 채택 증가의 또 다른 촉진제입니다.
조사 범위
조사 대상연도
2020-2029년
기준연도
2023년
예측 기간
2024-2029년
단위
금액(100만 달러), 수량(1,000대)
부문
유형, 최종사용자, 정격 전력, 용도, 전압, 지역.
대상 지역
북미, 유럽, 아시아태평양, 남미, 중동 및 아프리카
"AC 드라이브는 예측 기간 중 가장 큰 성장세를 보일 것으로 예상됩니다."
AC 드라이브는 정밀한 모터 제어와 높은 에너지 효율을 실현할 수 있으므로 VFD 시장에서 가장 빠르게 성장하는 제품 부문으로 간주됩니다. 산업화가 진행됨에 따라 에너지 절약 솔루션은 제조, 광업, HVAC 시스템 등에서 획기적인 발전을 이룰 것으로 예상되며, AC 드라이브는 에너지 소비를 줄이고, 운영 비용을 절감하며, 성능을 향상시키고, 가능한 한 낮은 비용으로 생산성을 향상시키려는 기업의 관심에 부합합니다. 기업의 관심에 부합합니다. 또한 AC 드라이브 기술의 비용 절감과 생산 방식의 지속적인 개선으로 인해 AC 드라이브는 전 세계 산업에서 사용하기 쉽고 매력적인 선택이 되고 있습니다.
"용도별로는 펌프 부문이 가장 큰 부문으로 부상할 것으로 예상됩니다."
펌프의 사용이 가변 주파수 드라이브(VFD) 시장에서 가장 두드러진 분야인 이유는 에너지 절약 잠재력이 매우 커서 다양한 산업 분야에서 채택이 확대되고 있기 때문입니다. 수처리 및 석유 및 가스 산업에서 HVAC의 에너지 소비를 줄일 수 있으며, VFD는 효과적인 효율 요구 사항을 충족시키기 위해 모터 속도 변조를 통해 기계적 마모뿐만 아니라 에너지 낭비를 최소화하고 피할 수 있습니다. 원심 펌프의 경우 유량을 가변적으로 제어하여 에너지를 줄여야 하므로 펌프 기반 시스템에 VFD를 사용하면 기본 부하에서 장비의 수명을 연장할 수 있습니다.
"인도는 아시아태평양 가변 주파수 드라이브(VFD) 시장에서 가장 높은 CAGR로 성장할 것입니다."
VFD 시장에서 가장 빠르게 성장하고 있는 국가는 빠르게 산업화되고 에너지 효율에 초점을 맞추고 있는 인도입니다. 제조 부문, 수처리 플랜트, HVAC 시스템의 자동화 수요 증가와 함께 인도의 대규모 인프라 개발이 VFD 시장의 성장을 촉진하고 있습니다. 인도의 에너지 효율 개선 노력과 산업 성장을 지원하는 정부 정책도 VFD의 채택을 증가시키는 요인으로 작용하고 있습니다. 산업 기반이 빠르게 성장하고 인프라 현대화에 근접하고 있는 인도는 특히 효율적인 모터 제어 시스템이 중요한 분야에서 향후 큰 시장 성장이 예상됩니다.
세계의 가변 주파수 드라이브(VFD) 시장에 대해 조사분석했으며, 주요 촉진요인과 억제요인, 경쟁 구도, 향후 동향 등의 정보를 제공하고 있습니다.
목차
제1장 서론
제2장 조사 방법
제3장 개요
제4장 주요 인사이트
가변 주파수 드라이브(VFD) 시장의 기업에게 매력적인 기회
아시아태평양의 가변 주파수 드라이브(VFD) 시장 : 유형별, 국가별
가변 주파수 드라이브(VFD) 시장 : 유형별
가변 주파수 드라이브(VFD) 시장 : 전압별
가변 주파수 드라이브(VFD) 시장 : 정격 전력별
가변 주파수 드라이브(VFD) 시장 : 용도별
가변 주파수 드라이브(VFD) 시장 : 최종사용자별
가변 주파수 드라이브(VFD) 시장 : 지역별
제5장 시장 개요
서론
시장 역학
촉진요인
억제요인
기회
과제
고객 비즈니스에 영향을 미치는 동향/혼란
밸류체인 분석
원재료 프로바이더/부품 제조업체/공급업체
가변 주파수 드라이브(VFD) 제조업체/조립 업자
판매업체/재판매업체
최종사용자
정비/서비스 프로바이더
에코시스템 분석
사례 연구 분석
기술 분석
주요 기술
인접 기술
보완 기술
가격 분석
가변 주파수 드라이브(VFD)의 평균 판매 가격 : 정격 전력별(2021-2024년)
가변 주파수 드라이브(VFD)의 평균 판매 가격 : 지역별(2021-2024년)
무역 분석
수입 시나리오(HS 코드 850110)
수출 시나리오(HS 코드 850110)
수입 시나리오(HS 코드 850120)
수출 시나리오(HS 코드 850120)
특허 분석
주요 컨퍼런스와 이벤트(2025년)
투자와 자금조달 시나리오
관세와 규제 상황
가변 주파수 구동장비에 관한 관세
규제기관, 정부기관, 기타 조직
Porter's Five Forces 분석
주요 이해관계자와 구입 기준
가변 주파수 드라이브(VFD) 시장에 대한 AI/생성형 AI의 영향
가변 주파수 드라이브(VFD) 시장에서 AI/생성형 AI의 채택
드라이브 유형에 대한 AI/생성형 AI의 영향 : 지역별
가변 주파수 드라이브(VFD) 시장에 대한 AI/생성형 AI의 영향 : 지역별
거시경제 전망
서론
GDP의 동향과 예측
인플레이션
제6장 가변 주파수 드라이브(VFD) 시장 : 유형별
서론
AC 드라이브
DC 드라이브
서보 드라이브
제7장 가변 주파수 드라이브(VFD) 시장 : 전압별
서론
저전압
중전압
제8장 가변 주파수 드라이브(VFD) 시장 : 정격 전력별
서론
초저소비전력 드라이브
저소비전력 드라이브
중소비전력 드라이브
고소비전력 드라이브
제9장 가변 주파수 드라이브(VFD) 시장 : 용도별
서론
펌프
팬·블로어
컴프레서
컨베이어
기타 용도
제10장 가변 주파수 드라이브(VFD) 시장 : 최종사용자별
서론
전력
석유 및 가스
화학제품·석유화학품
광업·금속
건설/인프라
식품 및 음료
자동차
물·폐수 처리
기타 최종사용자
제11장 가변 주파수 드라이브(VFD) 시장 : 지역별
서론
아시아태평양
중국
일본
인도
호주
인도네시아
한국
기타 아시아태평양
북미
미국
캐나다
멕시코
유럽
독일
러시아
프랑스
영국
이탈리아
스페인
기타 유럽
남미
브라질
아르헨티나
칠레
기타 남미
중동 및 아프리카
GCC 국가
남아프리카공화국
나이지리아
이집트
기타 중동 및 아프리카
제12장 경쟁 구도
개요
주요 참여 기업의 전략/강점(2020-2025년)
매출 분석(2019-2023년)
시장 점유율 분석(2023년)
기업의 평가와 재무 지표(2025년)
브랜드/제품의 비교
기업 평가 매트릭스 : 주요 기업(2023년)
기업 평가 매트릭스 : 스타트업/중소기업(2023년)
경쟁 시나리오
제13장 기업 개요
주요 기업
ABB
SIEMENS
SCHNEIDER ELECTRIC
DANFOSS
ROCKWELL AUTOMATION
EATON
FUJI ELECTRIC
HITACHI, LTD.
GENERAL ELECTRIC
NIDEC CORPORATION
WEG SA
YASKAWA ELECTRIC CORPORATION
HONEYWELL INTERNATIONAL INC.
PARKER HANNIFIN CORP
DELTA ELECTRONICS, INC.
기타 기업
SUMITOMO HEAVY INDUSTRIES, LTD.
CG POWER AND INDUSTRIAL SOLUTIONS LIMITED
TMEIC
ANAHEIM AUTOMATION
SEW-EURODRIVE
NORD DRIVE SYSTEMS
INOVANCE TECHNOLOGY
TECHSUPPEN
SHENZHEN GOZUK
SAKSUN INDUSTRIES
제14장 부록
KSA
영문 목차
영문목차
The Variable Frequency Drive market is projected to reach USD 30.36 billion by 2029 from an estimated USD 23.46 billion in 2024, at a CAGR of 5.3% during the forecast period (2024-2029). Increased industrialization increases the energy consumption and complexity in the manufacturing process, hence the need for VFDs to increase the motor efficiency, reduce the energy consumption costs, and optimize system performance. The growing focus on energy conservation and business operation efficiency is a further driver of the increase in VFD adoption.
Scope of the Report
Years Considered for the Study
2020-2029
Base Year
2023
Forecast Period
2024-2029
Units Considered
Value (USD Million) and Volume (Thousand Units)
Segments
Type, End User, Power rating, Application, Voltage, and Region.
Regions covered
North America, Europe, Asia Pacific, South America, and Middle East & Africa
"AC Drives is expected to grow as the largest segment during the forecast period."
The AC drive is considered the fastest-growing product segment in the VFD market due to the ability to provide fine motor control and high energy efficiency. In these times of growing industrialization, energy-saving solutions will achieve great deal-breakers in manufacturing, mining, and HVAC systems, among others. AC drives present reduced energy consumption, lower operation cost, as well as improved performance that aligns with businesses' interests in improving productivity at the lowest possible cost. Further, the decreasing cost of AC drive technology and the ongoing improvements in production methods are making this an accessible and attractive option for industries around the world.
"Pumps segment is expected to emerge as the largest segment by application."
The use of pumps accounts for the most prominent segment of the Variable Frequency Drive market because their energy saving potential is at a very high scale, and they are being increasingly adopted in various industries. VFDs can control variable speed of pumps, thereby allowing more efficient performance while at the same time reducing energy consumption in water treatment and HVAC to the oil and gas industries. The VFDs minimize and avoid energy waste as well as mechanical wear through the modulation of the motor speed to meet the demands for effective efficiency. Very relevant to this application in centrifugal pumps is where the need for variable control of flow reduces energy, hence increasing the lifespan of equipment under base loads by using VFDs for pump-based systems.
"India to grow at the highest CAGR for Asia Pacific Variable Frequency Drive market."
The fastest-growing country in the VFD market is India, as it rapidly industrializes and focuses on energy efficiency. Significant infrastructure development in the country along with a rising demand for automation in manufacturing sectors, water treatment plants, and HVAC systems is pushing up the growth of the VFD market. India's energy efficiency initiatives and government policies supporting industrial growth are the other reasons for increased VFD adoption. With a burgeoning industrial base and moving closer to modernizing its infrastructure, India is likely to witness significant market growth going forward, especially in the areas where efficient motor control systems are critical.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 30%, Tier 2- 45%, and Tier 3- 25%
By Designation: C-Level- 30%, Director Levels- 20%, and Others- 50%
By Region: North America- 18%, Europe- 8%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 4%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), Rockwell Automation (US) are some of the key players in the Variable Frequency Drive market.
The study includes an in-depth competitive analysis of these key players in the Variable Frequency Drive market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report defines, describes, and forecasts the Variable Frequency Drive market by Type (AC Drives, DC Drivers and Servo Motors), By Power Rating (Micro Power Drive, Low Power Drive, Medium Power Drive and High Power Drive), By Application (Pumps, Compressors, Conveyors, Fans and Others), By End User (Oil & Gas, Industrial, Power, Infrastructure), By Voltage (Low Voltage and Medium Voltage) and By Region (North America, South America, Europe, Asia Pacific, and Middle east & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Variable Frequency Drive market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Variable Frequency Drive market. Competitive analysis of upcoming startups in the Variable Frequency Drive market ecosystem is covered in this report.
Key Benefits of Buying the Report
Analysis of key drivers (Increasing industrialization and growing demand for energy efficiency, Rising need for enhancing energy efficiency and decreasing energy consumption, Supportive regulatory environment for efficient and effective energy utilization), restraints (Stagnant growth of oil & gas industry and decline in exploration and production activities, Increase in maintenance cost of systems after implementation of variable frequency drives (VFDs), opportunities (Modernization of power infrastructure, Growing use of Industrial Internet of Things (IoT) and robotics technologies), and challenges (Availability of low-cost products in gray market, Shortage of components and parts due to supply chain disruptions) influences the growth of the Variable Frequency Drive market.
Product Development/ Innovation: With an investment of USD 26.09 Million, the facility aims to enhance manufacturing capacity and cater to rising demand for automation and energy-efficient solutions. The expansion is expected to boost the VFD (Variable Frequency Drive) market in India by ensuring localized production, timely delivery, and customization capabilities, aligning with the country's focus on industrial automation and energy efficiency.
Market Development: The development of Variable Frequency Drive are moving towards greater efficiency, sustainability, and power generation. Favorable government policies in carbon emission reduction, increasing demand for Variable Frequency Drive in transportation and industrial sectors, create Variable Frequency Drive market growth.
Market Diversification: Mitsubishi Electric Corporation has expanded its power device production capacity at its Power Device Works facility in Japan. With an investment of USD 2.2 billion, the expansion aims to meet increasing demand for power devices, including those used in Variable Frequency Drives (VFDs). This global capacity expansion is likely to indirectly benefit the VFD market in India by ensuring a stable supply chain for essential components, supporting continued growth and innovation in the industry.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), Rockwell Automation (US) among others in the Variable Frequency Drive market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of key secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 List of primary interview participants
2.1.2.4 Breakdown of primary interviews
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.3 MARKET SCOPE
2.4 MARKET SIZE ESTIMATION METHODOLOGY
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Demand-side analysis
2.4.1.2 Regional analysis
2.4.1.3 Country-level analysis
2.4.1.4 Demand-side assumptions
2.4.1.5 Demand-side calculations
2.4.2 TOP-DOWN APPROACH
2.4.2.1 Supply-side analysis
2.4.2.2 Supply-side assumptions
2.4.2.3 Supply-side calculations
2.5 FORECAST ASSUMPTIONS
2.6 RISK ANALYSIS
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN VARIABLE FREQUENCY DRIVE MARKET
4.2 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE AND COUNTRY
4.3 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
4.4 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
4.5 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
4.6 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
4.7 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
4.8 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising need for enhancing energy efficiency and decreasing energy consumption
5.2.1.2 Increasing need for motion control systems in automated production plants
5.2.1.3 Growing need for energy efficiency and process optimization in chemicals industry
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
5.2.2.2 Stagnant growth of oil & gas industry
5.2.3 OPPORTUNITIES
5.2.3.1 Government regulations for sustainability
5.2.3.2 Growing use of Industrial Internet of Things and robotics technologies
5.2.4 CHALLENGES
5.2.4.1 Lack of skilled workforce for installation, programming, and maintenance of variable frequency drives
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 VALUE CHAIN ANALYSIS
5.4.1 RAW MATERIAL PROVIDERS/COMPONENT MANUFACTURERS/SUPPLIERS
5.4.2 VARIABLE FREQUENCY DRIVE MANUFACTURERS/ASSEMBLERS
5.4.3 DISTRIBUTORS/ RESELLERS
5.4.4 END USERS
5.4.5 MAINTENANCE/SERVICE PROVIDERS
5.5 ECOSYSTEM ANALYSIS
5.6 CASE STUDY ANALYSIS
5.6.1 MEDIUM-VOLTAGE VARIABLE FREQUENCY DRIVE FOR PREHEATER HELPED CEMENT PLANT ACHIEVE SUBSTANTIAL ENERGY SAVINGS
5.6.2 ADAPTING 11KV MOTOR FOR 6.6KV VARIABLE FREQUENCY DRIVE WITH STAR-DELTA SOLUTION
5.6.3 ENHANCING BALL MILL EFFICIENCY IN IRON ORE MINING WITH INVERTEK DRIVES LTD.'S OPTIDRIVE P2 VARIABLE FREQUENCY DRIVE
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGY
5.7.1.1 Direct torque control
5.7.2 ADJACENT TECHNOLOGY
5.7.2.1 Harmonic filtering
5.7.3 COMPLEMENTARY TECHNOLOGY
5.7.3.1 Internet of Things
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY POWER RATING, 2021-2024
5.8.2 AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY REGION, 2021-2024
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO (HS CODE 850110)
5.9.2 EXPORT SCENARIO (HS CODE 850110)
5.9.3 IMPORT SCENARIO (HS CODE 850120)
5.9.4 EXPORT SCENARIO (HS CODE 850120)
5.10 PATENT ANALYSIS
5.11 KEY CONFERENCES AND EVENTS, 2025
5.12 INVESTMENT AND FUNDING SCENARIO
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 TARIFFS RELATED TO VARIABLE FREQUENCY DRIVE
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF SUBSTITUTES
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF NEW ENTRANTS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 IMPACT OF AI/GENERATIVE AI IN VARIABLE FREQUENCY DRIVE MARKET
5.16.1 ADOPTION OF AI/GENERATIVE AI IN VARIABLE FREQUENCY DRIVE MARKET
5.16.2 IMPACT OF AI/GENERATIVE AI ON DRIVE TYPES, BY REGION
5.16.3 IMPACT OF AI/GENERATIVE AI ON VARIABLE FREQUENCY DRIVE MARKET, BY REGION
5.17 MACROECONOMIC OUTLOOK
5.17.1 INTRODUCTION
5.17.2 GDP TRENDS AND FORECAST
5.17.3 INFLATION
6 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
6.1 INTRODUCTION
6.2 AC DRIVE
6.2.1 INCREASED INDUSTRIAL AUTOMATION AND SMART GRID EXPANSION TO DRIVE MARKET
6.3 DC DRIVE
6.3.1 SUPERIOR SPEED CONTROL AND HIGH-SPEED REGULATION TO DRIVE MARKET
6.4 SERVO DRIVE
6.4.1 SURGE IN DEMAND FOR AUTOMATION AND SMART MANUFACTURING TO DRIVE MARKET
7 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
7.1 INTRODUCTION
7.2 LOW VOLTAGE
7.2.1 INCLINATION TOWARD SUSTAINABILITY TO DRIVE MARKET
7.3 MEDIUM VOLTAGE
7.3.1 FOCUS ON COST SAVINGS AND OPERATIONAL EFFICIENCY TO DRIVE MARKET
8 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
8.1 INTRODUCTION
8.2 MICRO POWER DRIVE
8.2.1 EXTENSIVE USE IN FOOD & BEVERAGE INDUSTRY DUE TO LOW POWER REQUIREMENTS TO DRIVE MARKET
8.3 LOW POWER DRIVE
8.3.1 RISING DEMAND FOR ENERGY EFFICIENCY ACROSS DIVERSE INDUSTRIES TO DRIVE MARKET
8.4 MEDIUM POWER DRIVE
8.4.1 ESTABLISHMENT OF NEW MANUFACTURING PLANTS TO DRIVE MARKET
8.5 HIGH POWER DRIVE
8.5.1 ONGOING DEVELOPMENTS IN STEEL AND MINING INDUSTRIES TO DRIVE MARKET
9 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 PUMPS
9.2.1 NEED FOR ENERGY-EFFICIENT SOLUTIONS TO DRIVE MARKET
9.3 FANS & BLOWERS
9.3.1 ENHANCED SYSTEM PERFORMANCE TO DRIVE MARKET
9.4 COMPRESSORS
9.4.1 SUBSTANTIAL ENERGY SAVINGS TO DRIVE MARKET
9.5 CONVEYORS
9.5.1 REDUCED MECHANICAL STRESS AND ADAPTABILITY TO DRIVE MARKET
9.6 OTHER APPLICATIONS
10 VARIABLE FREQUENCY DRIVE MARKET, BY END USER
10.1 INTRODUCTION
10.2 POWER
10.2.1 GLOBAL ENERGY EXPANSION TO DRIVE MARKET
10.3 OIL & GAS
10.3.1 SURGE IN INVESTMENTS TO DRIVE MARKET
10.4 CHEMICALS & PETROCHEMICALS
10.4.1 ADAPTABILITY WHEN HANDLING COMPLEX AND HAZARDOUS MATERIALS TO DRIVE MARKET
10.5 MINING & METAL
10.5.1 COMMITMENT TO SUSTAINABILITY TO DRIVE MARKET
10.6 CONSTRUCTION/INFRASTRUCTURE
10.6.1 PRECISE CONTROL OVER ACCELERATION AND DECELERATION TO DRIVE MARKET
10.7 FOOD & BEVERAGE
10.7.1 STRINGENT SAFETY AND HYGIENE STANDARDS TO DRIVE MARKET
10.8 AUTOMOTIVE
10.8.1 EXTENSIVE USE IN VEHICLE PRODUCTION TO DRIVE MARKET
10.9 WATER & WASTEWATER TREATMENT
10.9.1 EMPHASIS ON REGULATING SEWAGE TREATMENT TO DRIVE MARKET
10.10 OTHER END USERS
11 VARIABLE FREQUENCY DRIVE MARKET, BY REGION
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 CHINA
11.2.1.1 Growth in manufacturing sector to drive demand
11.2.2 JAPAN
11.2.2.1 Growth in chemical industry to drive demand
11.2.3 INDIA
11.2.3.1 High investment in power sector to drive demand
11.2.4 AUSTRALIA
11.2.4.1 Growing investment and expanding mining industry to propel market
11.2.5 INDONESIA
11.2.5.1 Thriving manufacturing sector to drive demand
11.2.6 SOUTH KOREA
11.2.6.1 Promising growth of automotive and shipbuilding sectors to drive market
11.2.7 REST OF ASIA PACIFIC
11.3 NORTH AMERICA
11.3.1 US
11.3.1.1 Surge in crude oil production to drive market
11.3.2 CANADA
11.3.2.1 Increasing mining activities to drive market
11.3.3 MEXICO
11.3.3.1 Progress in automobile manufacturing to drive demand
11.4 EUROPE
11.4.1 GERMANY
11.4.1.1 Growth in automotive industry to boost market growth
11.4.2 RUSSIA
11.4.2.1 Expanding oil & gas and nuclear energy sectors to drive significant adoption of VFDs
11.4.3 FRANCE
11.4.3.1 Growing use of renewable energy and green investments to boost growth
11.4.4 UK
11.4.4.1 Growth in construction and infrastructure sectors to augment market growth
11.4.5 ITALY
11.4.5.1 Growth in advanced manufacturing practices to boost market growth
11.4.6 SPAIN
11.4.6.1 Rise in advanced manufacturing practices to boost market growth
11.4.7 REST OF EUROPE
11.5 SOUTH AMERICA
11.5.1 BRAZIL
11.5.1.1 Optimizing energy consumption in construction industry to drive demand
11.5.2 ARGENTINA
11.5.2.1 Increased automation to drive demand
11.5.3 CHILE
11.5.3.1 Increased electricity generation to boost demand
11.5.4 REST OF SOUTH AMERICA
11.6 MIDDLE EAST & AFRICA
11.6.1 GCC COUNTRIES
11.6.1.1 Saudi Arabia
11.6.1.1.1 Need for energy efficiency and sustainability to accelerate demand in oil & gas industry
11.6.1.2 UAE
11.6.1.2.1 Rapid expansion of manufacturing industry to drive growth
11.6.1.3 Other GCC Countries
11.6.2 SOUTH AFRICA
11.6.2.1 Restructuring of energy sector to propel demand
11.6.3 NIGERIA
11.6.3.1 Rapid reforms in power sector to accelerate adoption of VFDs
11.6.4 EGYPT
11.6.4.1 Expansion of mining sector to augment market growth
11.6.5 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2025
12.3 REVENUE ANALYSIS, 2019-2023
12.4 MARKET SHARE ANALYSIS, 2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2025
12.6 BRAND/PRODUCT COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
12.7.5.2 Region footprint
12.7.5.3 Power rating footprint
12.7.5.4 Type footprint
12.7.5.5 Application footprint
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023