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.
This report contains market size and forecasts of Verified Frequency Driver (VFD) in global, including the following market information:
Global Verified Frequency Driver (VFD) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Verified Frequency Driver (VFD) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Verified Frequency Driver (VFD) companies in 2021 (%)
The global Verified Frequency Driver (VFD) market was valued at 20 million in 2021 and is projected to reach US$ 33 million by 2028, at a CAGR of 7.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Voltage (0-690V) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Verified Frequency Driver (VFD) include ABB, Siemens AG, Schneider Electric, Emerson Electric, Yaskawa Electric, Mitsubishi, Hitachi Ltd, Danfoss and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Verified Frequency Driver (VFD) 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 Verified Frequency Driver (VFD) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Verified Frequency Driver (VFD) Market Segment Percentages, by Type, 2021 (%)
Low Voltage (0-690V)
Medium Voltage (690V-3000V)
High Voltage (3 kV-10 kV)
Global Verified Frequency Driver (VFD) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Verified Frequency Driver (VFD) Market Segment Percentages, by Application, 2021 (%)
Pumps
Fans
Compressors
Conveyors
Elevators
Extruders
Others
Global Verified Frequency Driver (VFD) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Verified Frequency Driver (VFD) 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 Verified Frequency Driver (VFD) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Verified Frequency Driver (VFD) revenues share in global market, 2021 (%)
Key companies Verified Frequency Driver (VFD) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Verified Frequency Driver (VFD) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens AG
Schneider Electric
Emerson Electric
Yaskawa Electric
Mitsubishi
Hitachi Ltd
Danfoss
Toshiba
Fuji Electric
Rockwell Automation
Inovance
Hiconics
INVT
Slanvert
EURA Drives