The Europe Variable Frequency Drive (VFD) Market would witness market growth of 5.2% CAGR during the forecast period (2019-2025). Growing technological advances in developing economies and increased awareness along with the demand for energy efficiency are expected to be the main driving factors for the variable frequency drive (VFD) market over the coming years. In addition, ongoing investment in raising awareness about energy efficiency is also anticipated to act as a major driving force. Electric drive technology is undergoing a new revolution with the ongoing development and advancement in computing, automatic control, and power electronics technologies. Major vendors are focused on developing new products to improve company competitiveness and energy efficiency, which boosts market growth.
In addition, the expansion of the application field of variable frequency drive in the pulp and paper and food processing industries will fuel market growth during the forecast period. In addition, the compatibility of new VFD motors with existing ones improves the adoption of various drives such as AC drive, DC drive, and servo drive throughout major end-user industries around the world. Technical problems associated with variable frequency drive, however, are impeding market growth. Furthermore, high initial costs are expected to discourage the adoption of variable frequency drive in developing regions.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Based on Type, the market is segmented into Rotary Torque Sensors and Reaction Torque Sensors. Based on Technology, the market is segmented into Strain Gauge, Magnetoelastic, Surface Acoustic Wave and Others. Based on Application, the market is segmented into Automotive, Test & Measurement, Aerospace & Defense, Industrial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Variable Frequency Drive (VFD) Market in Europe is expected to register a CAGR of 5.2% during the forecast period (2019-2025)
The market research report covers the analysis 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 Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 2 Europe 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 Europe Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 8 Europe Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 9 Europe Variable Frequency Drive AC Drives Market by Country, 2015 - 2018, USD Million
TABLE 10 Europe Variable Frequency Drive AC Drives Market by Country, 2019 - 2025, USD Million
TABLE 11 Europe Variable Frequency Drive DC Drives Market by Country, 2015 - 2018, USD Million
TABLE 12 Europe Variable Frequency Drive DC Drives Market by Country, 2019 - 2025, USD Million
TABLE 13 Europe Variable Frequency Drive Servo Drives Market by Country, 2015 - 2018, USD Million
TABLE 14 Europe Variable Frequency Drive Servo Drives Market by Country, 2019 - 2025, USD Million
TABLE 15 Europe Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 16 Europe Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 17 Europe Low Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 18 Europe Low Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 19 Europe Medium Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 20 Europe Medium Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 21 Europe Micro Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 22 Europe Micro Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 23 Europe High Power Range Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 24 Europe High Power Range Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 25 Europe Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 26 Europe Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 27 Europe Pumps Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 28 Europe Pumps Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 29 Europe Electric Fans Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 30 Europe Electric Fans Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 31 Europe HVAC Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 32 Europe HVAC Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 33 Europe Conveyers Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 34 Europe Conveyers Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 35 Europe Extruders & Others Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 36 Europe Extruders & Others Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 37 Europe Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 38 Europe Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 39 Europe Oil & Gas Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 40 Europe Oil & Gas Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 41 Europe Industrial Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 42 Europe Industrial Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 43 Europe Food & Beverages Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 44 Europe Food & Beverages Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 45 Europe Power Generation Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 46 Europe Power Generation Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 47 Europe Infrastructure Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 48 Europe Infrastructure Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 49 Europe Automotive Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 50 Europe Automotive Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 51 Europe Others Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 52 Europe Others Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 53 Europe Variable Frequency Drive Market by Country, 2015 - 2018, USD Million
TABLE 54 Europe Variable Frequency Drive Market by Country, 2019 - 2025, USD Million
TABLE 55 Germany Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 56 Germany Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 57 Germany Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 58 Germany Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 59 Germany Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 60 Germany Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 61 Germany Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 62 Germany Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 63 Germany Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 64 Germany Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 65 UK Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 66 UK Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 67 UK Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 68 UK Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 69 UK Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 70 UK Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 71 UK Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 72 UK Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 73 UK Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 74 UK Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 75 France Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 76 France Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 77 France Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 78 France Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 79 France Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 80 France Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 81 France Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 82 France Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 83 France Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 84 France Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 85 Russia Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 86 Russia Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 87 Russia Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 88 Russia Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 89 Russia Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 90 Russia Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 91 Russia Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 92 Russia Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 93 Russia Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 94 Russia Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 95 Spain Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 96 Spain Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 97 Spain Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 98 Spain Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 99 Spain Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 100 Spain Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 101 Spain Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 102 Spain Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 103 Spain Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 104 Spain Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 105 Italy Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 106 Italy Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 107 Italy Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 108 Italy Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 109 Italy Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 110 Italy Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 111 Italy Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 112 Italy Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 113 Italy Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 114 Italy Variable Frequency Drive Market by End User, 2019 - 2025, USD Million
TABLE 115 Rest of Europe Variable Frequency Drive Market, 2015 - 2018, USD Million
TABLE 116 Rest of Europe Variable Frequency Drive Market, 2019 - 2025, USD Million
TABLE 117 Rest of Europe Variable Frequency Drive Market by Product Type, 2015 - 2018, USD Million
TABLE 118 Rest of Europe Variable Frequency Drive Market by Product Type, 2019 - 2025, USD Million
TABLE 119 Rest of Europe Variable Frequency Drive Market by Power Range, 2015 - 2018, USD Million
TABLE 120 Rest of Europe Variable Frequency Drive Market by Power Range, 2019 - 2025, USD Million
TABLE 121 Rest of Europe Variable Frequency Drive Market by Application, 2015 - 2018, USD Million
TABLE 122 Rest of Europe Variable Frequency Drive Market by Application, 2019 - 2025, USD Million
TABLE 123 Rest of Europe Variable Frequency Drive Market by End User, 2015 - 2018, USD Million
TABLE 124 Rest of Europe 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