The global static frequency converter market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for power generation and transmission in developing countries, such as India and China. The increasing demand for power generation and transmission in developing countries, such as India and China, is driving the growth of this market.
Some Of The Growth Factors Of This Market:
- The increasing demand for renewable energy sources is driving the growth of the static frequency converter market.
- The need to reduce carbon emissions and increase efficiency in power generation is also driving the growth of this market.
- Increasing investments in transmission and distribution networks are expected to drive the growth of this market over the forecast period.
- Increasing demand for electric vehicles is also expected to drive this market over the forecast period, as these vehicles require a lot more power than conventional cars, which will lead to an increased demand for static frequency converters in order to meet their requirements.
- The increasing use of renewable energy sources such as solar and wind power will also drive this market.
Industry Growth Insights published a new data on “Static Frequency Converter Market”. The research report is titled “Static Frequency Converter Market research by Types (Single-phase, Three-phase, Other), By Applications (Railway, Power Plant, Industrial Enterprise, Naval, Aerospace, Other), By Players/Companies ABB, GE, Siemens, Gresham Power Electronics, Power Systems & Controls, Inc., MAK Controls, NR Electric Co., Ltd, Westek Electronics, Kilovolt Technologies, Avish Aviation Equipment Pvt., Sojitech”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Static Frequency Converter Market Research Report
By Type
Single-phase, Three-phase, Other
By Application
Railway, Power Plant, Industrial Enterprise, Naval, Aerospace, Other
By Companies
ABB, GE, Siemens, Gresham Power Electronics, Power Systems & Controls, Inc., MAK Controls, NR Electric Co., Ltd, Westek Electronics, Kilovolt Technologies, Avish Aviation Equipment Pvt., Sojitech
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Static Frequency Converter Market Report Segments:
The global Static Frequency Converter market is segmented on the basis of:
Types
Single-phase, Three-phase, Other
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
Railway, Power Plant, Industrial Enterprise, Naval, Aerospace, Other
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
- GE
- Siemens
- Gresham Power Electronics
- Power Systems & Controls, Inc.
- MAK Controls
- NR Electric Co., Ltd
- Westek Electronics
- Kilovolt Technologies
- Avish Aviation Equipment Pvt.
- Sojitech
Highlights of The Static Frequency Converter 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:
- Single-phase
- Three-phase
- Other
- By Application:
- Railway
- Power Plant
- Industrial Enterprise
- Naval
- Aerospace
- Other
- 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 Static Frequency Converter 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 static frequency converter is a device that changes the frequency of an alternating current (AC) signal.
Some of the major companies in the static frequency converter market are ABB, GE, Siemens, Gresham Power Electronics, Power Systems & Controls, Inc., MAK Controls, NR Electric Co., Ltd, Westek Electronics, Kilovolt Technologies, Avish Aviation Equipment Pvt., Sojitech.
The static frequency converter market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Static Frequency Converter 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. Static Frequency Converter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Static Frequency Converter Market - Supply Chain
4.5. Global Static Frequency Converter Market Forecast
4.5.1. Static Frequency Converter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Static Frequency Converter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Static Frequency Converter Market Absolute $ Opportunity
5. Global Static Frequency Converter 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. Static Frequency Converter Market Size and Volume Forecast by Type
5.3.1. Single-phase
5.3.2. Three-phase
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Static Frequency Converter 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. Static Frequency Converter Market Size and Volume Forecast by Application
6.3.1. Railway
6.3.2. Power Plant
6.3.3. Industrial Enterprise
6.3.4. Naval
6.3.5. Aerospace
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Static Frequency Converter 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. Static Frequency Converter 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 Static Frequency Converter 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. Static Frequency Converter 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 Static Frequency Converter Demand Share Forecast, 2019-2026
9. North America Static Frequency Converter 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 Static Frequency Converter 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 Static Frequency Converter Market Size and Volume Forecast by Application
9.4.1. Railway
9.4.2. Power Plant
9.4.3. Industrial Enterprise
9.4.4. Naval
9.4.5. Aerospace
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Static Frequency Converter Market Size and Volume Forecast by Type
9.7.1. Single-phase
9.7.2. Three-phase
9.7.3. Other
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 Static Frequency Converter Demand Share Forecast, 2019-2026
10. Latin America Static Frequency Converter 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 Static Frequency Converter 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 Static Frequency Converter Market Size and Volume Forecast by Application
10.4.1. Railway
10.4.2. Power Plant
10.4.3. Industrial Enterprise
10.4.4. Naval
10.4.5. Aerospace
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Static Frequency Converter Market Size and Volume Forecast by Type
10.7.1. Single-phase
10.7.2. Three-phase
10.7.3. Other
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 Static Frequency Converter Demand Share Forecast, 2019-2026
11. Europe Static Frequency Converter 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 Static Frequency Converter 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 Static Frequency Converter Market Size and Volume Forecast by Application
11.4.1. Railway
11.4.2. Power Plant
11.4.3. Industrial Enterprise
11.4.4. Naval
11.4.5. Aerospace
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Static Frequency Converter Market Size and Volume Forecast by Type
11.7.1. Single-phase
11.7.2. Three-phase
11.7.3. Othe
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 Static Frequency Converter Demand Share, 2019-2026
12. Asia Pacific Static Frequency Converter 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 Static Frequency Converter 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 Static Frequency Converter Market Size and Volume Forecast by Application
12.4.1. Railway
12.4.2. Power Plant
12.4.3. Industrial Enterprise
12.4.4. Naval
12.4.5. Aerospace
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Static Frequency Converter Market Size and Volume Forecast by Type
12.7.1. Single-phase
12.7.2. Three-phase
12.7.3. Other
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 Static Frequency Converter Demand Share, 2019-2026
13. Middle East & Africa Static Frequency Converter 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 Static Frequency Converter 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 Static Frequency Converter Market Size and Volume Forecast by Application
13.4.1. Railway
13.4.2. Power Plant
13.4.3. Industrial Enterprise
13.4.4. Naval
13.4.5. Aerospace
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Static Frequency Converter Market Size and Volume Forecast by Type
13.7.1. Single-phase
13.7.2. Three-phase
13.7.3. Other
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 Static Frequency Converter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Static Frequency Converter Market: Market Share Analysis
14.2. Static Frequency Converter Distributors and Customers
14.3. Static Frequency Converter 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. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gresham Power Electronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Power Systems & Controls, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MAK Controls
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NR Electric Co., Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Westek Electronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kilovolt Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Avish Aviation Equipment Pvt.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sojitech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
