"Actionable Insights to Fuel Your Growth"

Variable Frequency Drive (VFD) Market Size, Share & Industry Analysis, By Type (AC Drive, DC Drive, Servo Drive), By Power Range (Micro, Low, Medium, High), By Application (Pumps, Electric Fan, HVAC, Conveyors, Extruders, Others), By End-user (Power Generation, Infrastructure, Oil & Gas, Food & Beverages, Mining, Agriculture, and Others), and Regional Forecasts, 2024-2032

Last Updated: February 03, 2025 | Format: PDF | Report ID: FBI100876

 


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ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 7.5% from 2024 to 2032

Unit

Value (USD Billion)

 

Segmentation

By Type

  • AC Drive
  • DC Drive
  • Servo Drive

By Power Range

  • Micro
  • Low
  • Medium
  • High

By Application

  • Pumps
  • Electric Fans
  • HVAC
  • Conveyors
  • Extruders
  • Others

By End-user

  • Power Generation
  • Infrastructure
  • Oil & Gas
  • Food & Beverages
  • Mining
  • Agriculture
  • Others

By Geography

  • North America (By Type, By Power Range, By Application, By End-user, and by Country)
    • U.S. (By End-user)
    • Canada (By End-user)
  • Europe (By Type, By Power Range, By Application, By End-user, and by Country)
    • U.K. (By End-user)
    • Germany (By End-user)
    • France (By End-user)
    • Italy (By End-user)
    • Spain (By End-user)
    • Russia (By End-user)
    • Rest of Europe (By End-user)
  • Asia Pacific (By Type, By Power Range, By Application, By End-user, and by Country)
    • China (By End-user)
    • Japan (By End-user)
    • India (By End-user)
    • Australia (By End-user)
    • Southeast Asia (By End-user)
    • Rest of Asia Pacific (By End-user)
  • Latin America (By Type, By Power Range, By Application, By End-user, and by Country)
    • Brazil (By End-user)
    • Mexico (By End-user)
    • Rest of Latin America (By End-user)
  • Middle East & Africa (By Type, By Power Range, By Application, By End-user, and by Country)
    • GCC (By End-user)
    • South Africa (By End-user)
    • Rest of Middle East & Africa (By End-user)
  • 2019-2032
  • 2023
  • 2019-2022
  • 326
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