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LAMEA Frequency Converter Market Size, Share & Industry Trends Analysis Report By Type (Rotary and Static), By End User, By Country and Growth Forecast, 2022 - 2028

Published Date : 31-Jul-2022

Pages: 73

Formats: PDF

The Latin America, Middle East and Africa Frequency Converter Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).

A 60-to-50 Hz converter is required to improve the available 60 Hz power to 50 Hz in order for a typical piece of European machinery. The same holds true when converting power from 50 Hz to 60 Hz. While frequency changers have predefined power ratings and capacities, the frequency converters can work with voltages ranging from 100V to 600V. The voltages 110V, 120V, 200V, 220V, 230V, 240V, 380V, 400V, and 480V are the ones that are most frequently specified.

Reversing starters are not required when using a frequency converter because the output phases to the motor could be altered electrically without the use of any mechanical components. The removal of a reversing starter minimizes panel space and lowers maintenance costs. Using a frequency converter can help businesses do away with the expense of gearboxes and other mechanical drive parts. Without a speed-increasing or speed-reduction device in between the motor and load, the frequency inverter can give the low- or high-speed needed by the load since it can work with an infinitely variable speed. This lowers the requirements for floor space along with reducing maintenance expenditures.

Due to the UAE's water shortage, water distillation is now a necessity for the government. The primary cause of the shortage is people's heavy water use for domestic and agricultural uses. People in the UAE waste water carelessly since they have access to free water supplies. When compared to the everyday routine intake for typical domestic use, water waste is even higher on farms. The terrible weather that residents of the Middle East must endure is well known to them. Because the nation is in an arid region, the majority of the precipitation quickly evaporates. In this region, there is almost no surface water; however, occasionally, heavy rainfall may change this.

The Brazil market dominated the LAMEA Frequency Converter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $554 million by 2028.The Argentina market is experiencing a CAGR of 9.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.6% during (2022 - 2028).

Based on Type, the market is segmented into Rotary and Static. Based on End User, the market is segmented into Aerospace & Defense, Traction, Oil & Gas, Marine/Offshore, Power & Energy and Process Industry & Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Frequency Converter Market is Predict to reach $28.7 Billion by 2028, at a CAGR of 6.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, ABB Group, General Electric (GE) Co., The Danfoss Group, Aplab Limited, NR Electric Co., Ltd., Magnus Power Pvt. Ltd., KGS Electronics, Georator Corporation, and Advance Electronic Labs., Corp.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Rotary
  • Static

By End User

  • Aerospace & Defense
  • Traction
  • Oil & Gas
  • Marine/Offshore
  • Power & Energy
  • Process Industry & Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Siemens AG
  • ABB Group
  • General Electric (GE) Co.
  • The Danfoss Group
  • Aplab Limited
  • NR Electric Co., Ltd.
  • Magnus Power Pvt. Ltd.
  • KGS Electronics
  • Georator Corporation
  • Advance Electronic Labs., Corp.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Frequency Converter Market, by Type
1.4.2 LAMEA Frequency Converter Market, by End User
1.4.3 LAMEA Frequency Converter Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. LAMEA Frequency Converter Market by Type
3.1 LAMEA Rotary Market by Country
3.2 LAMEA Static Market by Country

Chapter 4. LAMEA Frequency Converter Market by End User
4.1 LAMEA Aerospace & Defense Market by Country
4.2 LAMEA Traction Market by Country
4.3 LAMEA Oil & Gas Market by Country
4.4 LAMEA Marine/Offshore Market by Country
4.5 LAMEA Power & Energy Market by Country
4.6 LAMEA Process Industry & Others Market by Country

Chapter 5. LAMEA Frequency Converter Market by Country
5.1 Brazil Frequency Converter Market
5.1.1 Brazil Frequency Converter Market by Type
5.1.2 Brazil Frequency Converter Market by End User
5.2 Argentina Frequency Converter Market
5.2.1 Argentina Frequency Converter Market by Type
5.2.2 Argentina Frequency Converter Market by End User
5.3 UAE Frequency Converter Market
5.3.1 UAE Frequency Converter Market by Type
5.3.2 UAE Frequency Converter Market by End User
5.4 Saudi Arabia Frequency Converter Market
5.4.1 Saudi Arabia Frequency Converter Market by Type
5.4.2 Saudi Arabia Frequency Converter Market by End User
5.5 South Africa Frequency Converter Market
5.5.1 South Africa Frequency Converter Market by Type
5.5.2 South Africa Frequency Converter Market by End User
5.6 Nigeria Frequency Converter Market
5.6.1 Nigeria Frequency Converter Market by Type
5.6.2 Nigeria Frequency Converter Market by End User
5.7 Rest of LAMEA Frequency Converter Market
5.7.1 Rest of LAMEA Frequency Converter Market by Type
5.7.2 Rest of LAMEA Frequency Converter Market by End User

Chapter 6. Company Profiles
6.1 Siemens AG
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.1.6 SWOT Analysis
6.2 ABB Group
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 SWOT Analysis
6.3 General Electric (GE) Co.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 The Danfoss Group
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Aplab Limited
6.5.1 Company Overview
6.5.2 Financial Analysis
6.6 NR Electric Co., Ltd. (NARI Technology Development Limited Co.)
6.6.1 Company Overview
6.7 Magnus Power Pvt. Ltd.
6.7.1 Company Overview
6.8 KGS Electronics
6.8.1 Company Overview
6.9 Georator Corporation (Worldwide Electric Corporation LLC)
6.9.1 Company Overview
6.10. Advance Electronic Labs., Corp.
6.10.1 Company Overview
TABLE 1 LAMEA Frequency Converter Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Frequency Converter Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Rotary Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Rotary Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Static Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Static Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 10 LAMEA Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 11 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Traction Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Traction Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Marine/Offshore Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Marine/Offshore Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Power & Energy Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Power & Energy Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Process Industry & Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Process Industry & Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Frequency Converter Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Frequency Converter Market by Country, 2022 - 2028, USD Million
TABLE 25 Brazil Frequency Converter Market, 2018 - 2021, USD Million
TABLE 26 Brazil Frequency Converter Market, 2022 - 2028, USD Million
TABLE 27 Brazil Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 28 Brazil Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 29 Brazil Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 30 Brazil Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 31 Argentina Frequency Converter Market, 2018 - 2021, USD Million
TABLE 32 Argentina Frequency Converter Market, 2022 - 2028, USD Million
TABLE 33 Argentina Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 34 Argentina Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 35 Argentina Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 36 Argentina Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 37 UAE Frequency Converter Market, 2018 - 2021, USD Million
TABLE 38 UAE Frequency Converter Market, 2022 - 2028, USD Million
TABLE 39 UAE Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 40 UAE Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 41 UAE Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 42 UAE Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Frequency Converter Market, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Frequency Converter Market, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 49 South Africa Frequency Converter Market, 2018 - 2021, USD Million
TABLE 50 South Africa Frequency Converter Market, 2022 - 2028, USD Million
TABLE 51 South Africa Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 52 South Africa Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 53 South Africa Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 54 South Africa Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 55 Nigeria Frequency Converter Market, 2018 - 2021, USD Million
TABLE 56 Nigeria Frequency Converter Market, 2022 - 2028, USD Million
TABLE 57 Nigeria Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 58 Nigeria Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 59 Nigeria Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 60 Nigeria Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Frequency Converter Market, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Frequency Converter Market, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Frequency Converter Market by Type, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA Frequency Converter Market by Type, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Frequency Converter Market by End User, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Frequency Converter Market by End User, 2022 - 2028, USD Million
TABLE 67 Key Information – Siemens AG
TABLE 68 Key Information – ABB Group
TABLE 69 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 70 Key Information – The Danfoss Group
TABLE 71 Key Information – Aplab Limited
TABLE 72 Key information – NR Electric Co., Ltd.
TABLE 73 Key Information – Magnus Power Pvt. Ltd.
TABLE 74 Key Information – KGS Electronics
TABLE 75 Key Information – Georator Corporation
TABLE 76 Key Information – Advance Electronic Labs., Corp.

List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Siemens AG
FIG 3 Swot analysis: Siemens AG
FIG 4 SWOT Analysis: ABB Group
FIG 5 Swot analysis: General electric (GE) Co.

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