North America Variable Frequency Drive Market Analysis

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North America Variable Frequency Drive Market Analysis

  • Semiconductors and Electronics
  • Published Report
  • Sep 2023
  • Country Level
  • 350 Pages
  • No of Tables: 52
  • No of Figures: 28

Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF THE NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATIONS

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 DBMR TRIPOD DATA VALIDATION MODEL

2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.6 DBMR MARKET POSITION GRID

2.7 VENDOR SHARE ANALYSIS

2.8 MULTIVARIATE MODELING

2.9 TYPE TIMELINE CURVE

2.1 MARKET APPLICATION COVERAGE GRID

2.11 SECONDARY SOURCES

2.12 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 TECHNOLOGICAL ADVANCEMENT

4.1.1 MODULAR AND COMPACT DESIGNS

4.1.2 SMART AND DIGITAL FEATURES

4.1.3 GREEN AND SUSTAINABLE SOLUTIONS

4.1.4 TECHNOLOGY LIFE CYCLE CURVE

4.1.5 ALTERNATIVES OF VARIABLE FREQUENCY DRIVES

4.2 WARRANTY PERIOD

4.3 PRICING ANALYSIS

4.4 LIST OF VFD MANUFACTURERS WITH THE FOLLOWING DISTRIBUTOR ACROSS NORTH AMERICA

4.5 END USER ANALYSIS

5 MARKET OVERVIEW

5.1 DRIVERS

5.1.1 INCREASING DEMAND FOR THE ENERGY EFFICIENCY DEVICES

5.1.2 TECHNOLOGY ADVANCEMENTS IN THE VARIABLE FREQUENCY DRIVE

5.2 RESTRAINTS

5.2.1 HIGH COST OF VARIABLE FREQUENCY DRIVE

5.2.2 COMPLEXITY AND COMPATIBILITY ISSUES RELATED TO VARIABLE FREQUENCY DRIVE

5.3 OPPORTUNITIES

5.3.1 INCREASING DEMAND FOR VARIABLE FREQUENCY DRIVES IN POWER GENERATION

5.3.2 INTEGRATION OF HVAC AND BUILDING AUTOMATION

5.4 CHALLENGES

5.4.1 LACK OF SKILLED LABOR AND PROFESSIONALS

5.4.2 HIGH MAINTENANCE AND SERVICE REQUIREMENTS

6 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE

6.1 OVERVIEW

6.2 AC DRIVE

6.3 DC DRIVE

6.4 SERVO DRIVE

7 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING

7.1 OVERVIEW

7.2 MICRO POWER DRIVE

7.3 LOW POWER DRIVE

7.4 MEDIUM POWER DRIVE

7.5 HIGH POWER DRIVE

8 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE

8.1 OVERVIEW

8.2 LOW VOLTAGE

8.3 MEDIUM VOLTAGE

8.4 HIGH VOLTAGE

9 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION

9.1 OVERVIEW

9.2 PUMPS

9.3 FANS

9.4 COMPRESSORS

9.5 CONVEYORS

9.6 OTHERS

10 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY END USER

10.1 OVERVIEW

10.2 INDUSTRIAL

10.2.1 AC DRIVE

10.2.2 DC DRIVE

10.2.3 SERVO DRIVE

10.3 OIL & GAS

10.3.1 AC DRIVE

10.3.2 DC DRIVE

10.3.3 SERVO DRIVE

10.4 ENERGY & POWER

10.4.1 AC DRIVE

10.4.2 DC DRIVE

10.4.3 SERVO DRIVE

10.5 INFRASTRUCTURE

10.5.1 AC DRIVE

10.5.2 DC DRIVE

10.5.3 SERVO DRIVE

10.6 PHARMACEUTICAL

10.6.1 AC DRIVE

10.6.2 DC DRIVE

10.6.3 SERVO DRIVE

10.7 FOOD & BEVERAGES

10.7.1 AC DRIVE

10.7.2 DC DRIVE

10.7.3 SERVO DRIVE

10.8 AGRICULTURE

10.8.1 AC DRIVE

10.8.2 DC DRIVE

10.8.3 SERVO DRIVE

10.9 OTHERS

11 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY

11.1 NORTH AMERICA

11.2 U.S.

11.3 CANADA

11.4 MEXICO

12 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, COMPANY LANDSCAPE

12.1 COMPANY SHARE ANALYSIS: NORTH AMERICA

13 SWOT ANALYSIS

14 COMPANY PROFILE

14.1 EATON.

14.1.1 COMPANY SNAPSHOT

14.1.2 REVENUE ANALYSIS

14.1.3 PRODUCT PORTFOLIO

14.1.4 RECENT DEVELOPMENTS

14.2 ABB

14.2.1 COMPANY SNAPSHOT

14.2.2 REVENUE ANALYSIS

14.2.3 PRODUCT PORTFOLIO

14.2.4 RECENT DEVELOPMENTS

14.3 JOHNSON CONTROLS.

14.3.1 COMPANY SNAPSHOT

14.3.2 REVENUE ANALYSIS

14.3.3 PRODUCT PORTFOLIO

14.3.4 RECENT DEVELOPMENT

14.4 ROCKWELL AUTOMATION

14.4.1 COMPANY SNAPSHOT

14.4.2 REVENUE ANALYSIS

14.4.3 PRODUCT PORTFOLIO

14.4.4 RECENT DEVELOPMENT

14.5 DANFOSS A/S

14.5.1 COMPANY SNAPSHOT

14.5.2 REVENUE ANALYSIS

14.5.3 PRODUCT PORTFOLIO

14.5.4 RECENT DEVELOPMENTS

14.6 ANAHEIM AUTOMATION, INC.

14.6.1 COMPANY SNAPSHOT

14.6.2 PRODUCTS PORTFOLIO

14.6.3 RECENT DEVELOPMENTS

14.7 DELTA ELECTRONICS, INC.

14.7.1 COMPANY SNAPSHOT

14.7.2 REVENUE ANALYSIS

14.7.3 PRODUCT PORTFOLIO

14.7.4 RECENT DEVELOPMENTS

14.8 GOZUK

14.8.1 COMPANY SNAPSHOT

14.8.2 PRODUCT PORTFOLIO

14.8.3 RECENT DEVELOPMENTS

14.9 HONEYWELL INTERNATIONAL INC.

14.9.1 COMPANY SNAPSHOT

14.9.2 REVENUE ANALYSIS

14.9.3 PRODUCT PORTFOLIO

14.9.4 RECENT DEVELOPMENTS

14.1 INOVANCE TECHNOLOGY EUROPE GMBH

14.10.1 COMPANY SNAPSHOT

14.10.2 PRODUCT PORTFOLIO

14.10.3 RECENT DEVELOPMENT

14.11 NIDEC MOTOR CORPORATION (A SUBSIDIARY OF NIDEC GROUP COMPANY)

14.11.1 COMPANY SNAPSHOT

14.11.2 REVENUE ANALYSIS

14.11.3 PRODUCT PORTFOLIO

14.11.4 RECENT DEVELOPMENTS

14.12 NORD DRIVESYSTEMS PVT. LTD.

14.12.1 COMPANY SNAPSHOT

14.12.2 PRODUCT PORTFOLIO

14.12.3 RECENT DEVELOPMENT

14.13 PARKER HANNIFIN CORP (2022)

14.13.1 COMPANY SNAPSHOT

14.13.2 REVENUE ANALYSIS

14.13.3 PRODUCT PORTFOLIO

14.13.4 RECENT DEVELOPMENT

14.14 PHASE TECHNOLOGIES, LLC.

14.14.1 COMPANY SNAPSHOT

14.14.2 PRODUCT PORTFOLIO

14.14.3 RECENT DEVELOPMENTS

14.15 SEW-EURODRIVE

14.15.1 COMPANY SNAPSHOT

14.15.2 PRODUCT PORTFOLIO

14.15.3 RECENT DEVELOPMENTS

14.16 TMEIC

14.16.1 COMPANY SNAPSHOT

14.16.2 PRODUCT PORTFOLIO

14.16.3 RECENT DEVELOPMENTS

14.17 WEG.

14.17.1 COMPANY SNAPSHOT

14.17.2 REVENUE ANALYSIS

14.17.3 PRODUCT PORTFOLIO

14.17.4 RECENT DEVELOPMENT

14.18 YASKAWA ELECTRIC CORPORATION.

14.18.1 COMPANY SNAPSHOT

14.18.2 REVENUE ANALYSIS

14.18.3 PRODUCT PORTFOLIO

14.18.4 RECENT DEVELOPMENTS

15 QUESTIONNAIRE

16 RELATED REPORTS

List of Table

TABLE 1 WARRANTY PERIOD

TABLE 2 SINGLE PHASE 220V 50HZ/60HZ INPUT, THREE PHASE OUTPUT

TABLE 3 THREE PHASE 380V 50HZ/60HZ INPUT/OUTPUT

TABLE 4 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 5 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021-2030 (USD MILLION)

TABLE 6 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021-2030 (USD MILLION)

TABLE 7 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 8 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2021-2030 (USD MILLION)

TABLE 9 NORTH AMERICA INDUSTRIAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 10 NORTH AMERICA OIL & GAS IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 11 NORTH AMERICA ENERGY & POWER IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 12 NORTH AMERICA INFRASTRUCTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 13 NORTH AMERICA PHARMACEUTICAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 14 NORTH AMERICA FOOD & BEVERAGES IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 15 NORTH AMERICA AGRICULTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 16 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021-2030 (USD MILLION)

TABLE 17 U.S. VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 18 U.S. VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021-2030 (USD MILLION)

TABLE 19 U.S. VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021-2030 (USD MILLION)

TABLE 20 U.S. VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 21 U.S. VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2021-2030 (USD MILLION)

TABLE 22 U.S. INDUSTRIAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 23 U.S. OIL & GAS IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 24 U.S. ENERGY & POWER IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 25 U.S. INFRASTRUCTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 26 U.S. PHARMACEUTICAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 27 U.S. FOOD & BEVERAGES IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 28 U.S. AGRICULTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 29 CANADA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 30 CANADA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021-2030 (USD MILLION)

TABLE 31 CANADA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021-2030 (USD MILLION)

TABLE 32 CANADA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 33 CANADA VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2021-2030 (USD MILLION)

TABLE 34 CANADA INDUSTRIAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 35 CANADA OIL & GAS IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 36 CANADA ENERGY & POWER IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 37 CANADA INFRASTRUCTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 38 CANADA PHARMACEUTICAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 39 CANADA FOOD & BEVERAGES IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 40 CANADA AGRICULTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 41 MEXICO VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 42 MEXICO VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021-2030 (USD MILLION)

TABLE 43 MEXICO VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021-2030 (USD MILLION)

TABLE 44 MEXICO VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 45 MEXICO VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2021-2030 (USD MILLION)

TABLE 46 MEXICO INDUSTRIAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 47 MEXICO OIL & GAS IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 48 MEXICO ENERGY & POWER IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 49 MEXICO INFRASTRUCTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 50 MEXICO PHARMACEUTICAL IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 51 MEXICO FOOD & BEVERAGES IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 52 MEXICO AGRICULTURE IN VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021-2030 (USD MILLION)

List of Figure

FIGURE 1 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: SEGMENTATION

FIGURE 2 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: DATA TRIANGULATION

FIGURE 3 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: DROC ANALYSIS

FIGURE 4 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS

FIGURE 5 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: DBMR MARKET POSITION GRID

FIGURE 8 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: VENDOR SHARE ANALYSIS

FIGURE 9 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: MULTIVARIATE MODELING

FIGURE 10 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: TYPE TIMELINE CURVE

FIGURE 11 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: MARKET APPLICATION COVERAGE GRID

FIGURE 12 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: SEGMENTATION

FIGURE 13 TECHNOLOGY ADVANCEMENTS IN THE VARIABLE FREQUENCY DRIVE IS EXPECTED TO DRIVE THE NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET IN THE FORECAST PERIOD OF 2023 TO 2030

FIGURE 14 AC DRIVE IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET IN THE FORECAST PERIOD OF 2023 TO 2030

FIGURE 15 TECHNOLOGICAL TRENDS IN VARIABLE FREQUENCY DRIVES (VFDS)

FIGURE 16 TECHNOLOGY LIFE CYCLE CURVE

FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE NORTH AMERICAN VARIABLE FREQUENCY DRIVE MARKET

FIGURE 18 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY TYPE, 2022

FIGURE 19 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY POWER RATING, 2022

FIGURE 20 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY VOLTAGE, 2022

FIGURE 21 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY APPLICATION, 2022

FIGURE 22 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY END USER, 2022

FIGURE 23 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: SNAPSHOT (2022)

FIGURE 24 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY COUNTRY (2022)

FIGURE 25 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY COUNTRY (2023 & 2030)

FIGURE 26 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY COUNTRY (2022 & 2030)

FIGURE 27 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: BY TYPE (2023-2030)

FIGURE 28 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: COMPANY SHARE 2022 (%)

Frequently Asked Questions

North America Variable Frequency Drive Market will be worth USD 7,717.39 million by 2030
North America Variable Frequency Drive Market growth rate is 4.8% during the forecast period.
Increasing Demand for Energy Efficiency Devices and technology Advancements in the Variable Frequency Drive are the growth drivers of the North America Variable Frequency Drive Market.
Basis of type, power rating, voltage, application, and end-user are the factors on which the North America Variable Frequency Drive Market research is based.
Honeywell International Inc.'s dedication to exceptional design was highlighted through its reception of 10 prestigious product design awards, including the Red Dot Design Awards and the iF Design Awards and Danfoss A/S introduced the VLT Real-time Clock MCB 117 option for all VLT drives, enhancing data accuracy by providing a consistent system clock with battery backup are the latest developments in the North America Variable Frequency Drive Market.