The Asia Pacific Variable Frequency Drive (VFD) Market would witness market growth of 6.7% CAGR during the forecast period (2019-2025). The innovation that brought back the utilization of AC motors to attention was the VFD for AC motors. The AC-induction motor can change its speed by adjusting the voltage frequency used that powers it. It means that if the voltage applied to an AC motor is 50 Hz (used in countries such as China); the motor would run at its rated speed. If the frequency is raised above 50 Hz, the motor runs faster than its rated speed, and if the supply voltage frequency is lesser than 50 Hz, the motor would run slower than its rated speed.
As per the variable frequency drive working principle, the electronic controller has been primarily designed to change the voltage frequency supplied to the induction motor. The key factors driving market growth of the Variable Frequency Drive (VFD) encompass the increased investment in infrastructure development as well as a higher adoption of VFDs throughout major industry verticals. In addition, growing penetration of connected devices in commercial, industrial, and residential sectors and technological advances are expected to increase demand for variable frequency drives worldwide.
The introduction of advanced microprocessors has allowed the VFD to function as an extremely versatile system that not only controls the motor's speed, but also protects against overcurrent during ramp-up and ramp-down circumstances. In addition, new VFDs include braking methods, power boost during ramp-up, and a range of controls during ramp-down. The biggest advantage the VFD offers is that it can ensure that when it starts, the engine does not pull unnecessary current, so that the overall demand factor for the entire plant can be managed to keep the utility bill as low as possible.
Based on Product Type, the market is segmented into AC Drives, DC Drives and Servo Drives. Based on Power Range, the market is segmented into Low, Medium, Micro and High. Based on Application, the market is segmented into Pumps, Electric Fans, HVAC, Conveyers and Extruders & Others. Based on End User, the market is segmented into Oil & Gas, Industrial, Food & Beverages, Power Generation, Infrastructure, Automotive and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Variable Frequency Drive (VFD) Market in Asia Pacific is expected to register a CAGR of 6.7% during the forecast period (2019-2025)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Hitachi, Ltd., Eaton Corporation PLC, Rockwell Automation, Inc., Nidec Corporation, Siemens AG, Schneider Electric SE, Mitsubishi Heavy Industries Ltd., Fuji Electric Co., Ltd., and The Danfoss Group.
Scope of the Asia Pacific Variable Frequency Drive (VFD) Market Analysis
Market Segmentation:
By Product Type
- AC Drives
- DC Drives
- Servo Drives
By Power Range
By Application
- Pumps
- Electric Fans
- HVAC
- Conveyers
- Extruders & Others
By End User
- Oil & Gas
- Industrial
- Food & Beverages
- Power Generation
- Infrastructure
- Automotive
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- ABB Group
- Hitachi, Ltd.
- Eaton Corporation PLC
- Rockwell Automation, Inc.
- Nidec Corporation
- Siemens AG
- Schneider Electric SE
- Mitsubishi Heavy Industries Ltd.
- Fuji Electric Co., Ltd.
- The Danfoss Group
TABLE 1 Asia Pacific Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 2 Asia Pacific Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Variable Frequency Drive Market
TABLE 4 Product Launches And Product Expansions– Variable Frequency Drive Market
TABLE 5 Geographical Expansions– Variable Frequency Drive Market
TABLE 6 Mergers & Acquisitions – Variable Frequency Drive Market
TABLE 7 Asia Pacific Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 8 Asia Pacific Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 9 Asia Pacific Variable Frequency Drive AC Drives Market by Country, 2015 - 2018, USD Million
TABLE 10 Asia Pacific Variable Frequency Drive AC Drives Market by Country, 2019 - 2025, USD Million
TABLE 11 Asia Pacific Variable Frequency Drive DC Drives Market by Country, 2015 - 2018, USD Million
TABLE 12 Asia Pacific Variable Frequency Drive DC Drives Market by Country, 2019 - 2025, USD Million
TABLE 13 Asia Pacific Variable Frequency Drive Servo Drives Market by Country, 2015 - 2018, USD Million
TABLE 14 Asia Pacific Variable Frequency Drive Servo Drives Market by Country, 2019 - 2025, USD Million
TABLE 15 Asia Pacific Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 16 Asia Pacific Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 17 Asia Pacific Low Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 18 Asia Pacific Low Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 19 Asia Pacific Medium Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 20 Asia Pacific Medium Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 21 Asia Pacific Micro Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 22 Asia Pacific Micro Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 23 Asia Pacific High Power Range Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 24 Asia Pacific High Power Range Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 25 Asia Pacific Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 26 Asia Pacific Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 27 Asia Pacific Pumps Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 28 Asia Pacific Pumps Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 29 Asia Pacific Electric Fans Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 30 Asia Pacific Electric Fans Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 31 Asia Pacific HVAC Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 32 Asia Pacific HVAC Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 33 Asia Pacific Conveyers Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 34 Asia Pacific Conveyers Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 35 Asia Pacific Extruders & Others Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 36 Asia Pacific Extruders & Others Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 37 Asia Pacific Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 38 Asia Pacific Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 39 Asia Pacific Oil & Gas Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 40 Asia Pacific Oil & Gas Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 41 Asia Pacific Industrial Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 42 Asia Pacific Industrial Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 43 Asia Pacific Food & Beverages Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 44 Asia Pacific Food & Beverages Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 45 Asia Pacific Power Generation Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 46 Asia Pacific Power Generation Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 47 Asia Pacific Infrastructure Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 48 Asia Pacific Infrastructure Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 49 Asia Pacific Automotive Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 50 Asia Pacific Automotive Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 51 Asia Pacific Others Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 52 Asia Pacific Others Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 53 Asia Pacific Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 54 Asia Pacific Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 55 China Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 56 China Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 57 China Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 58 China Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 59 China Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 60 China Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 61 China Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 62 China Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 63 China Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 64 China Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 65 Japan Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 66 Japan Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 67 Japan Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 68 Japan Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 69 Japan Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 70 Japan Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 71 Japan Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 72 Japan Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 73 Japan Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 74 Japan Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 75 India Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 76 India Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 77 India Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 78 India Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 79 India Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 80 India Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 81 India Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 82 India Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 83 India Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 84 India Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 85 South Korea Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 86 South Korea Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 87 South Korea Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 88 South Korea Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 89 South Korea Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 90 South Korea Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 91 South Korea Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 92 South Korea Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 93 South Korea Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 94 South Korea Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 95 Singapore Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 96 Singapore Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 97 Singapore Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 98 Singapore Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 99 Singapore Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 100 Singapore Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 101 Singapore Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 102 Singapore Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 103 Singapore Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 104 Singapore Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 105 Malaysia Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 106 Malaysia Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 107 Malaysia Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 108 Malaysia Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 109 Malaysia Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 110 Malaysia Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 111 Malaysia Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 112 Malaysia Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 113 Malaysia Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 114 Malaysia Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 115 Rest of Asia Pacific Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 116 Rest of Asia Pacific Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 117 Rest of Asia Pacific Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 118 Rest of Asia Pacific Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 119 Rest of Asia Pacific Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 120 Rest of Asia Pacific Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 121 Rest of Asia Pacific Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 122 Rest of Asia Pacific Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 123 Rest of Asia Pacific Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 124 Rest of Asia Pacific Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 125 Key Information – ABB Group
TABLE 126 Key Information – Hitachi, Ltd.
TABLE 127 key information – Eaton Corporation PLC
TABLE 128 Key information – Rockwell Automation, Inc.
TABLE 129 Key Information – Nidec Corporation
TABLE 130 Key Information – Siemens AG
TABLE 131 Key information – Schneider Electric SE
TABLE 132 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 133 Key Information – Fuji Electric Co., Ltd.
TABLE 134 Key Information – The Danfoss Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2015, Jan – 2019, Nov) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: Hitachi, Ltd.
FIG 8 SWOT Analysis: Hitachi, ltd.
FIG 9 Recent strategies and developments: Eaton Corporation PLC
FIG 10 SWOT Analysis: Eaton Corporation PLC
FIG 11 SWOT Analysis: Rockwell Automation, Inc.
FIG 12 Recent strategies and developments: Nidec Corporation
FIG 13 SWOT Analysis: Nidec Corporation
FIG 14 Recent strategies and developments: Siemens AG
FIG 15 Swot analysis: Siemens AG
FIG 16 Recent strategies and developments: Schneider Electric SE
FIG 17 Swot analysis: Schneider Electric SE
FIG 18 Swot analysis: Mitsubishi Heavy Industries Ltd.
FIG 19 Recent strategies and developments: The Danfoss Group