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市場調查報告書
商品編碼
1486790

全球變頻驅動器 (VFD) 市場評估:依類型、功率範圍、儲能、應用、最終用途、地區、機會、預測(2017-2031 年)

Variable Frequency Drive Market Assessment, By Type, By Power Range, By Energy Storage, By Application, By End-use, By Region, Opportunities and Forecast, 2017-2031F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 230 Pages | 商品交期: 3-5個工作天內

價格

全球變頻驅動器 (VFD) 市場規模預計將從 2023 年的 232.8 億美元增至 2031 年的 350.6 億美元,複合年增長率預計為 5.3%。市場以健康的速度蓬勃發展,這要歸功於工業 4.0 技術的採用。變頻驅動器 (VFD) 在實現節能解決方案方面發揮關鍵作用。變頻驅動器 (VFD) 通常用於泵浦、電風扇、HVAC 系統和輸送機。透過採用變頻驅動器 (VFD),功耗可降低 20-25%。世界各國政府都在關注能源效率,這有望促進產品銷售。例如,美國的 "建造更好的電網" 計畫旨在投資超過200億美元,用於現代化和擴大長距離高壓輸配電系統。

工業電力和電機設備向生產可調電源頻率的轉變正在倡導新的智慧製造解決方案。變頻驅動器 (VFD) 的發展包括靜態 VFD 的創建,該靜態 VFD 由電力電子設備組成,現已成為工業自動化和智慧製造單元的積極參與者。 VFD,也稱為變頻器或變速驅動器 (VSD),不僅可以加速或減速馬達的速度,還可以改變所連接的感應馬達的輸出和扭矩。在變頻器的各種應用中,廢水處理廠和製藥業等相對較新的產業預計將增加市場的附加價值。

自 1988 年推出第一台低壓 VFD 以來,這些 VFD 已廣泛應用於從小規模到大規模的工業自動化應用。 VFD 是一種變速驅動器,用於機電驅動系統,透過改變馬達輸入頻率和電壓來調節交流馬達的速度和扭矩。此外,VFD 供應商也為特定應用和特定產業設計和製造新型驅動逆變器。

例如,2023 年 10 月,領先的 VFD 供應商 Invertek Drives Ltd. 推出了一款旨在增強電梯馬達控制的新型變頻器。這款 VFD(Optidrive 電梯核心)是電梯馬達控制技術的遊戲規則改變者,提供無與倫比的尺寸、效能和功率。主要功能包括 USB C 連接、通用編碼器模組以及 50°C 下 10KHz 全電流運作。

工業自動化、智慧製造與永續應用推動市場成長

市場表明,隨著自動化和第四次工業革命關鍵要素(例如人工智慧和物聯網)的集成,製造業和工業格局正在迅速變化。 AI技術預測負載波動、偵測系統故障並自動調整VFD設定。製造商正在開發具有自適應控制系統的變頻器,該系統可以隨著時間的推移學習並提高性能,從而消除人工幹預的需要並提高生產率。因此,自動化已成為擴大VFD市場的中心點。

這些變速驅動器更加智慧、連接性更強,可實現遠端監控和操作。雖然人工智慧使 VFD 能夠預測和適應,但與物聯網平台的整合可以實現預測性維護、即時數據分析和能耗優化。這些技術進步也實現了緊湊的模組化設計、增強的安全功能和易於自訂。除了一長串的最終用戶之外,水處理廠和太陽能水泵解決方案等變頻器的可持續應用也在推動市場成長。

本報告研究和分析了全球變頻驅動 (VFD) 市場,提供市場規模和預測、市場動態、主要參與者的現狀和前景等。

目錄

第一章研究方法

第 2 章專案範圍與定義

第 3 章執行摘要

第 4 章顧客回饋

  • 產品與市場訊息
  • 品牌識別方法
  • 購買決策時考慮的因素
  • 隱私和安全監管考慮因素

第五章全球變頻驅動器 (VFD) 市場展望(2017-2031)

  • 市場規模與預測
    • 金額
    • 數量
  • 依類型
    • 交流電驅動器
    • 直流驅動
    • 伺服驅動器
  • 依輸出範圍
  • 透過能量存儲
    • 電壓源逆變器(VSI)
    • 電流源逆變器 (CSI)
    • 脈寬調變逆變器(PWM)
  • 依用途
    • 電風扇
    • 暖通空調
    • 傳送帶
    • 擠出機
    • 其他
  • 依最終用途
    • 發電
    • 基礎設施
    • 石油和天然氣
    • 食品/飲料
    • 採礦
    • 農業
    • 其他
  • 依地區
    • 北美
    • 歐洲
    • 亞太地區
    • 南美洲
    • 中東/非洲
  • 市佔率:依公司劃分(2023 年)

第 6 章全球變頻驅動 (VFD) 市場展望:依地區劃分(2017-2031 年)

  • 北美
    • 市場規模與預測
    • 依類型
    • 依輸出範圍
    • 透過能量存儲
    • 依用途
    • 依最終用途
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 法國
    • 義大利
    • 英國
    • 俄羅斯
    • 荷蘭
    • 西班牙
    • 土耳其
    • 波蘭
  • 亞太地區
    • 印度
    • 中國
    • 日本
    • 澳大利亞
    • 越南
    • 韓國
    • 印尼
    • 菲律賓
  • 南美洲
    • 巴西
    • 阿根廷
  • 中東/非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 南非

第 7 章市場地圖(2023 年)

  • 依類型
  • 依輸出範圍
  • 透過能量存儲
  • 依用途
  • 依最終用途
  • 依地區

第八章宏觀環境與產業結構

  • 需求與供給分析
  • 進出口分析
  • 價值鏈分析
  • PESTEL 分析
  • 波特五力分析

第 9 章市場動態

  • 生長促進因素
  • 抑製成長的因素(問題、限制因素)

第十章主要公司狀況

  • 前 5 名市場領導者的競爭矩陣
  • 前 5 位市場領導者的市場收入分析(2023 年)
  • 併購/合資企業(如果適用)
  • SWOT 分析(5 家市場公司)
  • 專利分析(如果適用)

第11章價格分析

第 12 章案例研究

第十三章主要公司展望

  • Siemens AG
  • Products and Services
  • ABB Ltd.
  • Mitsubishi Motors Corporation
  • Fuji Electric Corp.
  • Yaskawa Electric Corporation
  • Rockwell Automation Inc.
  • Lenze B.V.
  • Toshiba International Corporation
  • WEG S.A.
  • Honeywell International Inc.
  • Schneider Electric SE

第14章戰略建議

第十五章關於我們公司,免責聲明

Product Code: MX11395

The global variable frequency drive market is projected to witness a CAGR of 5.3% during the forecast period 2024-2031, growing from USD 23.28 billion in 2023 to USD 35.06 billion in 2031. The market thrives at a healthy growth rate, attributed to adopting Industries 4.0 technologies. Variable frequency drives play a crucial role in achieving energy-efficient solutions. They are commonly used in pumps, electric fans, HVAC systems, and conveyors. By incorporating variable frequency drives, power consumption can be reduced by 20 to 25%. Governments worldwide are emphasizing energy efficiency, which will boost product sales. For instance, 'Building a Better Grid' initiative in the United Staes aims to invest over USD 20 billion in modernizing and expanding long-distance, high-voltage transmission and distribution systems.

A shift in the industrial power sources and motor equipment to generate adjustable power frequency is putting forward new smart manufacturing solutions. The evolution of variable frequency drives (VFDs) comprises the creation of static VFDs composed of power electronic devices that are now becoming active participants in industrial automation and smart manufacturing units. A VFD, also known as a frequency inverter and variable speed drive (VSD), not only accelerates and decelerates the motor speed but also varies the power and torque of a connected induction motor. Among the various applications of frequency inverters, comparatively new industries are expected to add value to the market such as wastewater treatment plants and the pharmaceutical sector.

Since the creation of the first low-voltage VFD in the year 1988, these VFDs have been used in a wide range of industrial automation applications, from small to large scale. It is an adjustable speed drive that is used in electromechanical drive systems to regulate AC motor speed and torque by changing motor input frequency and voltage. Furthermore, VFD vendors also design and build new drive inverters for specific applications to target a certain vertical.

For instance, in October 2023, a major VFD vendor, Invertek Drives Ltd., launched a new frequency inverter designed to enhance elevator motor control. The VFD, Optidrive Elevator Core, is a game-changer in lift motor control technology, offering unparalleled dimensions, performance, and power. The key features include USB C-Connectivity, a universal encoder module, and the capability of operating with a 10KHz full current at 50°C.

Industrial Automation, Smart Manufacturing, and Sustainable Applications to Fuel Market Growth

The market is witnessing rapidly transforming manufacturing and industrial landscape on the lines of automation and integration of major elements of the fourth industrial revolution like artificial intelligence and Internet of Things (IoT). AI technologies anticipate load variations, detect system faults, and automatically adjust VFD settings. Manufacturers are creating VFDs that have adaptive control systems that learn and improve performance over time, eliminating the need for human intervention and increasing productivity. Hence, automation has become the center point of VFD market expansion.

These variable speed drives have become smarter and more connected, enabling remote monitoring and operation. While AI enables VFD to predict and adapt, integration with IoT platforms has allowed for predictive maintenance, real-time data analysis, and optimization of energy consumption. These technological advancements also facilitate compact and modular designs, enhanced safety features, and customization. Apart from the long list of end users, VFD's sustainable applications, such as water treatment plants and solar-powered water pumping solutions, also fuel the market growth.

For instance, in April 2024, ABB Ltd. introduced an innovative solar drive for sustainable water pumping. The company launched a new ACQ80 variable speed drive (VSD). The drive comes with a maximum power point tracking (MPPT) logic that ensures the maximum power output from solar panels for maximized pump performance. Dual supply mode allows the drive to operate with both a DC supply from PV solar panels and an AC supply from the grid or generator for pumping 24/7.

Rising Demand for Energy-Efficient Motor Solutions to Expand Market Size

Energy efficiency is crucial in manufacturing space and makes all the difference. The VFDs have evolved to deliver the required power for any operation, be it conveyor belt operations or automotive operations. Variable frequency drives can gradually increase the speed of system component motors, thereby minimizing the mechanical stress that occurs during ramp-ups or accelerations, as well as minimizing energy usage. VFDs have an advantage over VSDs in terms of efficient process control, operational excellence, and enhanced efficiency. This allows accurate speed adjustments during start-up running conditions or stopping the motor.

The VFD manufacturers use regenerative modules to help VFD deliver higher efficiency. These drives deliver precision, sustainability, and efficiency across the application. However, industrial and manufacturing spaces require these more to scale productivity and ROI.

For instance, in March 2024, Darwin Motion Pvt. Ltd. introduced its Regenerative Drive DR Matrix 880. The motion control system comes with matrix intelligence that equips the drive with advanced algorithms and machine-learning capabilities. DR Matrix 880 caters to various applications across industries, such as machine manufacturing, robotic positioning, and dynamic control.

Industrial Usage and High Durability and Performance to Fuel Low Power Range Segment

Based on the power range, the low power range segment holds a decent market share. The factors fueling the segmental growth comprise a wide range of its operations. Its widespread use in general applications and position as a top alternative across numerous industrial verticals are attributed to its simplicity of configuration and quick installation time. In industries, low-voltage frequency drives are widely utilized to power equipment such as compressors, fans, belt conveyors, and centrifugal pumps. One of the main factors contributing to the low power range segment's supremacy is its widespread use across industrial verticals. Low voltage variable frequency drives (VFDs) provide precise motor speed control by altering the frequency and voltage supplied to the motor.

For instance, in April 2023, Danfoss A/S introduced a new generation of VLT low harmonic VFD. With as few components as possible used in the main current circuit design, the Danfoss VLT Low Harmonic VFD combines an active filter with a typical AC VFD, active suppression.

Asia-Pacific Dominates Variable Frequency Drive Market

Asia-Pacific holds the major share of the global VFD market. The growth is attributed to the rapid industrialization and infrastructure expansion in the region's emerging nations. Alongside, the dominance of key industries like power generation, oil & gas, metals and mining, and food processing is advancing the region's space in the market. The rising population and increased disposable income have given birth to wider HVAC operations, fueling the market growth. Also, Asia-Pacific is home to several significant VFD manufacturing brands, including ABB, Danfoss, Eaton, GE, Mitsubishi Electric, Schneider Electric, and Yaskawa. Other than these industrial giants, local companies are also building VFDs using a solution-based approach.

For instance, in March 2023, a new generation of industrial transmission equipment, the HSF6 series high-performance VFD, was introduced by Sunwoele (Chengdu Forest Electric Co., Ltd.), a well-known automation firm in China. Variable frequency drives at the engineering level are created and built to meet the demands of sophisticated applications, such as precision machining equipment.

Future Market Scenario (2024-2031F)

Industrial automation, IoT, and robotics will likely enable industrialists to adopt efficient motion control systems like variable frequency drives.

A wide range of applications, along with the integration of artificial intelligence and machine learning, is expected to expand the variable frequency drive market size.

Custom motion control systems for agriculture and sustainable water-pulling operations are anticipated to create new variable speed drives (VSDs).

Wide-bandgap semiconductors like Sic and GaN are replacing traditional semiconductors, strengthening VFDs with power density and efficiency.

Key Players Landscape and Outlook

Key participants in the variable frequency drive market include Siemens AG, Rockwell Automation Inc., and Toshiba International Corporation. Companies focus on building efficient VFD systems that are also flexible with the latest technologies like artificial intelligence, machine learning, and IoT. Brands are also building custom VFDs/VSDs for specific applications. Alongside, strategic partnerships, collaboration, acquisitions, and joint ventures are also used as the major elements of the market's strategic landscape.

In September 2023, Rockwell Automation and Infinitum entered into an exclusive development and distribution deal for a new class of high-efficiency, integrated low-voltage drive and motor technology. This solution will result in considerable energy and cost savings for industrial clients worldwide and help them become more sustainable and less carbon footprint oriented.

Table of Contents

1.Research Methodology

2.Project Scope & Definitions

3.Executive Summary

4.Voice of Customer

  • 4.1.Product and Market Intelligence
  • 4.2.Mode of Brand Awareness
  • 4.3.Factors Considered in Purchase Decisions
    • 4.3.1.Motor Compatibility
    • 4.3.2.Power Supply
    • 4.3.3.Load Handling Capability
    • 4.3.4.Environmental Robustness
    • 4.3.5.Advanced Control Features
    • 4.3.6.Energy Efficiency
  • 4.4.Consideration of Privacy and Safety Regulations

5.Global Variable Frequency Drive Market Outlook, 2017-2031F

  • 5.1.Market Size & Forecast
    • 5.1.1.By Value
    • 5.1.2.By Volume
  • 5.2.By Type
    • 5.2.1.AC Drive
    • 5.2.2.DC Drive
    • 5.2.3.Servo Drive
  • 5.3.By Power Range
    • 5.3.1.Micro
    • 5.3.2.Low
    • 5.3.3.Medium
    • 5.3.4.High
  • 5.4.By Energy Storage
    • 5.4.1.Voltage-Source Inverter (VSI)
    • 5.4.2.Current-Source Inverter (CSI)
    • 5.4.3.Pulse Width Modulation Inverter (PWM)
  • 5.5.By Application
    • 5.5.1.Pumps
    • 5.5.2.Electric Fan
    • 5.5.3.HVAC
    • 5.5.4.Conveyors
    • 5.5.5.Extruders
    • 5.5.6.Others
  • 5.6.By End-use
    • 5.6.1.Power Generation
    • 5.6.2.Infrastructure
    • 5.6.3.Oil and Gas
    • 5.6.4.Food and Beverages
    • 5.6.5.Mining
    • 5.6.6.Agriculture
    • 5.6.7.Others
  • 5.7.By Region
    • 5.7.1.North America
    • 5.7.2.Europe
    • 5.7.3.Asia-Pacific
    • 5.7.4.South America
    • 5.7.5.Middle East and Africa
  • 5.8.By Company Market Share (%), 2023

6.Global Variable Frequency Drive Market Outlook, By Region, 2017-2031F

  • 6.1.North America*
    • 6.1.1.Market Size & Forecast
      • 6.1.1.1.By Value
      • 6.1.1.2.By Volume
    • 6.1.2.By Type
      • 6.1.2.1.AC Drive
      • 6.1.2.2.DC Drive
      • 6.1.2.3.Servo Drive
    • 6.1.3.By Power Range
      • 6.1.3.1.Micro
      • 6.1.3.2.Low
      • 6.1.3.3.Medium
      • 6.1.3.4.High
    • 6.1.4.By Energy Storage
      • 6.1.4.1.Voltage-Source Inverter (VSI)
      • 6.1.4.2.Current-Source Inverter (CSI)
      • 6.1.4.3.Pulse Width Modulation Inverter (PWM)
    • 6.1.5.By Application
      • 6.1.5.1.Pumps
      • 6.1.5.2.Electric Fan
      • 6.1.5.3.HVAC
      • 6.1.5.4.Conveyors
      • 6.1.5.5.Extruders
      • 6.1.5.6.Others
    • 6.1.6.By End-use
      • 6.1.6.1.Power Generation
      • 6.1.6.2.Infrastructure
      • 6.1.6.3.Oil and Gas
      • 6.1.6.4.Food and Beverages
      • 6.1.6.5.Mining
      • 6.1.6.6.Agriculture
      • 6.1.6.7.Others
    • 6.1.7.United States*
      • 6.1.7.1.Market Size & Forecast
        • 6.1.7.1.1.By Value
        • 6.1.7.1.2.By Volume
      • 6.1.7.2.By Type
        • 6.1.7.2.1.AC Drive
        • 6.1.7.2.2.DC Drive
        • 6.1.7.2.3.Servo Drive
      • 6.1.7.3.By Power Range
        • 6.1.7.3.1.Micro
        • 6.1.7.3.2.Low
        • 6.1.7.3.3.Medium
        • 6.1.7.3.4.High
      • 6.1.7.4.By Energy Storage
        • 6.1.7.4.1.Voltage-Source Inverter (VSI)
        • 6.1.7.4.2.Current-Source Inverter (CSI)
        • 6.1.7.4.3.Pulse Width Modulation Inverter (PWM)
      • 6.1.7.5.By Application
        • 6.1.7.5.1.Pumps
        • 6.1.7.5.2.Electric Fan
        • 6.1.7.5.3.HVAC
        • 6.1.7.5.4.Conveyors
        • 6.1.7.5.5.Extruders
        • 6.1.7.5.6.Others
      • 6.1.7.6.By End-use
        • 6.1.7.6.1.Power Generation
        • 6.1.7.6.2.Infrastructure
        • 6.1.7.6.3.Oil and Gas
        • 6.1.7.6.4.Food and Beverages
        • 6.1.7.6.5.Mining
        • 6.1.7.6.6.Agriculture
        • 6.1.7.6.7.Others
    • 6.1.8.Canada
    • 6.1.9.Mexico

All segments will be provided for all regions and countries covered

  • 6.2.Europe
    • 6.2.1.Germany
    • 6.2.2.France
    • 6.2.3.Italy
    • 6.2.4.United Kingdom
    • 6.2.5.Russia
    • 6.2.6.Netherlands
    • 6.2.7.Spain
    • 6.2.8.Turkey
    • 6.2.9.Poland
  • 6.3.Asia-Pacific
    • 6.3.1.India
    • 6.3.2.China
    • 6.3.3.Japan
    • 6.3.4.Australia
    • 6.3.5.Vietnam
    • 6.3.6.South Korea
    • 6.3.7.Indonesia
    • 6.3.8.Philippines
  • 6.4.South America
    • 6.4.1.Brazil
    • 6.4.2.Argentina
  • 6.5.Middle East and Africa
    • 6.5.1.Saudi Arabia
    • 6.5.2.UAE
    • 6.5.3.South Africa

7.Market Mapping, 2023

  • 7.1.By Type
  • 7.2.By Power Range
  • 7.3.By Energy Storage
  • 7.4.By Application
  • 7.5.By End-use
  • 7.6.By Region

8.Macro Environment and Industry Structure

  • 8.1.Demand Supply Analysis
  • 8.2.Import Export Analysis
  • 8.3.Value Chain Analysis
  • 8.4.PESTEL Analysis
    • 8.4.1.Political Factors
    • 8.4.2.Economic System
    • 8.4.3.Social Implications
    • 8.4.4.Technological Advancements
    • 8.4.5.Environmental Impacts
    • 8.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 8.5.Porter's Five Forces Analysis
    • 8.5.1.Supplier Power
    • 8.5.2.Buyer Power
    • 8.5.3.Substitution Threat
    • 8.5.4.Threat From New Entrant
    • 8.5.5.Competitive Rivalry

9.Market Dynamics

  • 9.1.Growth Drivers
  • 9.2.Growth Inhibitors (Challenges and Restraints)

10.Key Players Landscape

  • 10.1.Competition Matrix of Top Five Market Leaders
  • 10.2.Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
  • 10.3.Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 10.4.SWOT Analysis (For Five Market Players)
  • 10.5.Patent Analysis (If Applicable)

11.Pricing Analysis

12.Case Studies

13.Key Players Outlook

  • 13.1.Siemens AG
    • 13.1.1.Company Details
    • 13.1.2.Key Management Personnel
    • 13.1.3.Products and Services
    • 13.1.4.Financials (As reported)
    • 13.1.5.Key Market Focus and Geographical Presence
    • 13.1.6.Recent Developments
  • 13.2.ABB Ltd.
  • 13.3.Mitsubishi Motors Corporation
  • 13.4.Fuji Electric Corp.
  • 13.5.Yaskawa Electric Corporation
  • 13.6.Rockwell Automation Inc.
  • 13.7.Lenze B.V.
  • 13.8.Toshiba International Corporation
  • 13.9.WEG S.A.
  • 13.10.Honeywell International Inc.
  • 13.11.Schneider Electric SE

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

14.Strategic Recommendations

15.About Us & Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1.Global Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 2.Global Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 3.Global Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 4.Global Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 5.Global Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 6.Global Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 7.Global Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 8.Global Variable Frequency Drive Market Share (%), By Region, 2017-2031F
  • Figure 9.North America Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 10.North America Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 11.North America Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 12.North America Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 13.North America Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 14.North America Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 15.North America Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 16.North America Variable Frequency Drive Market Share (%), By Country, 2017-2031F
  • Figure 17.United States Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 18.United States Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 19.United States Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 20.United States Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 21.United States Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 22.United States Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 23.United States Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 24.Canada Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 25.Canada Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 26.Canada Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 27.Canada Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 28.Canada Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 29.Canada Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 30.Canada Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 31.Mexico Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 32.Mexico Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 33.Mexico Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 34.Mexico Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 35.Mexico Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 36.Mexico Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 37.Mexico Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 38.Europe Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 39.Europe Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 40.Europe Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 41.Europe Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 42.Europe Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 43.Europe Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 44.Europe Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 45.Europe Variable Frequency Drive Market Share (%), By Country, 2017-2031F
  • Figure 46.Germany Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 47.Germany Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 48.Germany Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 49.Germany Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 50.Germany Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 51.Germany Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 52.Germany Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 53.France Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 54.France Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 55.France Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 56.France Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 57.France Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 58.France Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 59.France Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 60.Italy Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 61.Italy Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 62.Italy Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 63.Italy Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 64.Italy Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 65.Italy Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 66.Italy Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 67.United Kingdom Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 68.United Kingdom Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 69.United Kingdom Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 70.United Kingdom Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 71.United Kingdom Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 72.United Kingdom Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 73.United Kingdom Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 74.Russia Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 75.Russia Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 76.Russia Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 77.Russia Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 78.Russia Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 79.Russia Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 80.Russia Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 81.Netherlands Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 82.Netherlands Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 83.Netherlands Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 84.Netherlands Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 85.Netherlands Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 86.Netherlands Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 87.Netherlands Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 88.Spain Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 89.Spain Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 90.Spain Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 91.Spain Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 92.Spain Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 93.Spain Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 94.Spain Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 95.Turkey Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 96.Turkey Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 97.Turkey Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 98.Turkey Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 99.Turkey Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 100.Turkey Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 101.Turkey Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 102.Poland Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 103.Poland Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 104.Poland Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 105.Poland Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 106.Poland Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 107.Poland Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 108.Poland Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 109.South America Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 110.South America Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 111.South America Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 112.South America Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 113.South America Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 114.South America Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 115.South America Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 116.South America Variable Frequency Drive Market Share (%), By Country, 2017-2031F
  • Figure 117.Brazil Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 118.Brazil Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 119.Brazil Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 120.Brazil Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 121.Brazil Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 122.Brazil Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 123.Brazil Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 124.Argentina Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 125.Argentina Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 126.Argentina Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 127.Argentina Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 128.Argentina Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 129.Argentina Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 130.Argentina Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 131.Asia-Pacific Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 132.Asia-Pacific Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 133.Asia-Pacific Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 134.Asia-Pacific Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 135.Asia-Pacific Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 136.Asia-Pacific Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 137.Asia- Pacific Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 138.Asia-Pacific Variable Frequency Drive Market Share (%), By Country, 2017-2031F
  • Figure 139.India Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 140.India Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 141.India Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 142.India Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 143.India Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 144.India Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 145.India Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 146.China Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 147.China Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 148.China Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 149.China Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 150.China Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 151.China Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 152.China Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 153.Japan Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 154.Japan Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 155.Japan Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 156.Japan Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 157.Japan Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 158.Japan Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 159.Japan Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 160.Australia Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 161.Australia Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 162.Australia Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 163.Australia Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 164.Australia Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 165.Australia Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 166.Australia Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 167.Vietnam Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 168.Vietnam Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 169.Vietnam Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 170.Vietnam Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 171.Vietnam Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 172.Vietnam Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 173.Vietnam Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 174.South Korea Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 175.South Korea Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 176.South Korea Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 177.South Korea Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 178.South Korea Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 179.South Korea Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 180.South Korea Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 181.Indonesia Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 182.Indonesia Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 183.Indonesia Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 184.Indonesia Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 185.Indonesia Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 186.Indonesia Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 187.Indonesia Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 188.Philippines Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 189.Philippines Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 190.Philippines Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 191.Philippines Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 192.Philippines Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 193.Philippines Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 194.Philippines Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 195.Middle East & Africa Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 196.Middle East & Africa Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 197.Middle East & Africa Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 198.Middle East & Africa Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 199.Middle East & Africa Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 200.Middle East & Africa Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 201.Middle East & Africa Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 202.Middle East & Africa Variable Frequency Drive Market Share (%), By Country, 2017-2031F
  • Figure 203.Saudi Arabia Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 204.Saudi Arabia Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 205.Saudi Arabia Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 206.Saudi Arabia Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 207.Saudi Arabia Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 208.Saudi Arabia Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 209.Saudi Arabia Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 210.UAE Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 211.UAE Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 212.UAE Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 213.UAE Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 214.UAE Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 215.UAE Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 216.UAE Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 217.South Africa Variable Frequency Drive Market, By Value, In USD Billion, 2017-2031F
  • Figure 218.South Africa Variable Frequency Drive Market, By Volume, In Units, 2017-2031F
  • Figure 219.South Africa Variable Frequency Drive Market Share (%), By Type, 2017-2031F
  • Figure 220.South Africa Variable Frequency Drive Market Share (%), By Power Range, 2017-2031F
  • Figure 221.South Africa Variable Frequency Drive Market Share (%), By Energy Storage, 2017-2031F
  • Figure 222.South Africa Variable Frequency Drive Market Share (%), By Application, 2017-2031F
  • Figure 223.South Africa Variable Frequency Drive Market Share (%), By End-use, 2017-2031F
  • Figure 224.By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 225.By Power Range Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 226.By Energy Storage Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 227.By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 228.By End-use Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 229.By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023