Global High Voltage VFD (VariablFrequency Drive) Market by Type (6 kv, 10 kv, Above 10 kv), By Application (Thermal Power Plant, Ming Industry, Oil & Gas Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2021 To 2030. The global high voltage VFD market is expected to grow at a CAGR of 5.5% during the forecast period from 2021 to 2030. The growth of this market can be attributed to the increasing demand for energy efficiency in various industries such as thermal power plants and oil & gas industry. The high voltage VFDs are used in these industries for improving the efficiency of motors and reducing their power consumption which leads to reduced CO2 emissions. Moreover, these drives are also used in other applications such as mining industry where they are used for controlling the speed of motors that drive conveyor belts or pumps.
- The VFD market has been witnessing a steady growth in the past few years due to factors such as increasing demand for energy efficiency and rising awareness about environmental protection.
- Increasing demand for energy efficiency and rising awareness about environmental protection are some of the key drivers that are expected to drive the growth of this market in the coming years.
- Increasing investments by governments and private players in renewable energy sources such as solar power, wind power, hydroelectricity, etc, is also driving this market.
Industry Growth Insights published a new data on “High Voltage VFD (Variable-Frequency Drive) Market”. The research report is titled “High Voltage VFD (Variable-Frequency Drive) Market research by Types (3-6 kv, 6-10 kv, Above 10 kv), By Applications (Thermal Power Plant, Ming Industry, Oil & Gas Industry, Others), By Players/Companies ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, Mitsubishi Electric, Yaskawa Electric, Fuji Electric, Delta Electronics, Inovance Technology, INVT, EURA DRIVES, Slanvert, Hiconics, STEP Electric Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage VFD (Variable-Frequency Drive) Market Research Report
By Type
3-6 kv, 6-10 kv, Above 10 kv
By Application
Thermal Power Plant, Ming Industry, Oil & Gas Industry, Others
By Companies
ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, Mitsubishi Electric, Yaskawa Electric, Fuji Electric, Delta Electronics, Inovance Technology, INVT, EURA DRIVES, Slanvert, Hiconics, STEP Electric Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global High Voltage VFD (Variable-Frequency Drive) Market Report Segments:
The global High Voltage VFD (Variable-Frequency Drive) market is segmented on the basis of:
Types
3-6 kv, 6-10 kv, Above 10 kv
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Thermal Power Plant, Ming Industry, Oil & Gas Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- Schneider Electric
- Danfoss
- Rockwell Automation
- Mitsubishi Electric
- Yaskawa Electric
- Fuji Electric
- Delta Electronics
- Inovance Technology
- INVT
- EURA DRIVES
- Slanvert
- Hiconics
- STEP Electric Corporation
Highlights of The High Voltage VFD (Variable-Frequency Drive) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 3-6 kv
- 6-10 kv
- Above 10 kv
- By Application:
- Thermal Power Plant
- Ming Industry
- Oil & Gas Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Voltage VFD (Variable-Frequency Drive) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high voltage VFD is a type of electric motor that uses a rotating magnetic field to generate power. This type of motor is often used in applications where speed or torque are important, such as in industrial equipment and motorsports.
Some of the major companies in the high voltage vfd (variable-frequency drive) market are ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation, Mitsubishi Electric, Yaskawa Electric, Fuji Electric, Delta Electronics, Inovance Technology, INVT, EURA DRIVES, Slanvert, Hiconics, STEP Electric Corporation.
The high voltage vfd (variable-frequency drive) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Voltage VFD (Variable-Frequency Drive) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Voltage VFD (Variable-Frequency Drive) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Voltage VFD (Variable-Frequency Drive) Market - Supply Chain
4.5. Global High Voltage VFD (Variable-Frequency Drive) Market Forecast
4.5.1. High Voltage VFD (Variable-Frequency Drive) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Voltage VFD (Variable-Frequency Drive) Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Voltage VFD (Variable-Frequency Drive) Market Absolute $ Opportunity
5. Global High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
5.3.1. 3-6 kv
5.3.2. 6-10 kv
5.3.3. Above 10 kv
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
6.3.1. Thermal Power Plant
6.3.2. Ming Industry
6.3.3. Oil & Gas Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Voltage VFD (Variable-Frequency Drive) Demand Share Forecast, 2019-2026
9. North America High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
9.4.1. Thermal Power Plant
9.4.2. Ming Industry
9.4.3. Oil & Gas Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
9.7.1. 3-6 kv
9.7.2. 6-10 kv
9.7.3. Above 10 kv
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Voltage VFD (Variable-Frequency Drive) Demand Share Forecast, 2019-2026
10. Latin America High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
10.4.1. Thermal Power Plant
10.4.2. Ming Industry
10.4.3. Oil & Gas Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
10.7.1. 3-6 kv
10.7.2. 6-10 kv
10.7.3. Above 10 kv
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Voltage VFD (Variable-Frequency Drive) Demand Share Forecast, 2019-2026
11. Europe High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
11.4.1. Thermal Power Plant
11.4.2. Ming Industry
11.4.3. Oil & Gas Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
11.7.1. 3-6 kv
11.7.2. 6-10 kv
11.7.3. Above 10 kv
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Voltage VFD (Variable-Frequency Drive) Demand Share, 2019-2026
12. Asia Pacific High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
12.4.1. Thermal Power Plant
12.4.2. Ming Industry
12.4.3. Oil & Gas Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
12.7.1. 3-6 kv
12.7.2. 6-10 kv
12.7.3. Above 10 kv
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Voltage VFD (Variable-Frequency Drive) Demand Share, 2019-2026
13. Middle East & Africa High Voltage VFD (Variable-Frequency Drive) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Application
13.4.1. Thermal Power Plant
13.4.2. Ming Industry
13.4.3. Oil & Gas Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Voltage VFD (Variable-Frequency Drive) Market Size and Volume Forecast by Type
13.7.1. 3-6 kv
13.7.2. 6-10 kv
13.7.3. Above 10 kv
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Voltage VFD (Variable-Frequency Drive) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Voltage VFD (Variable-Frequency Drive) Market: Market Share Analysis
14.2. High Voltage VFD (Variable-Frequency Drive) Distributors and Customers
14.3. High Voltage VFD (Variable-Frequency Drive) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Danfoss
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rockwell Automation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yaskawa Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuji Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Delta Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Inovance Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. INVT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EURA DRIVES
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Slanvert
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hiconics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. STEP Electric Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook