サマリー

可変周波数ドライブ市場は、2022年の推定212億米ドルから2027年には268億米ドルへと、予測期間中にCAGR4.8％で成長すると予想されています。可変周波数ドライブの使用による利点には、エネルギー消費量とコストの削減、エネルギー効率の向上、機器寿命の延長、メンテナンスコストの低減などがあります。これらは、石油・ガス、電力、インフラ、産業部門における可変トルクアプリケーションに使用されています。これらの要因は、可変周波数ドライブの成長を促進するでしょう。
"ポンプ"。可変周波数ドライブ市場のアプリケーション別急成長セグメント"
ポンプ分野は、2022年のXX百万米ドルから2027年にはXX百万米ドルに、CAGR X％で成長すると予測されています。異なる負荷条件下でポンプのエネルギー効率と性能を向上させるニーズの高まりが、ポンプ用可変周波数ドライブ市場の成長を後押ししそうです。
"産業用セグメントはエンドユーザー産業に基づく最大セグメントとして台頭する見込み"
産業用セグメントの市場規模は、2022年にXX百万米ドル、2027年にはXX億米ドルに達し、CAGRはXX%と予測されています。化学、石油化学、パルプ＆ペーパー、食品＆飲料など、さまざまな産業で可変周波数ドライブの採用が進んでいることが、産業用セグメントの成長を促進している。
"欧州は予測期間中、2番目に大きな市場規模を占めると予想される。"
北米は、英国、ロシア、ドイツ、イタリア、フランス、スペインなどの工業国の存在により、2番目に大きく、最も急速に成長している市場になると予想されます。投資の増加、再生可能エネルギーの採用拡大、レガシーインフラの近代化に対する注目の高まりなどが、この地域の市場成長を促進する要因として予測されています。
プライマリーの内訳
本調査では、重要な定性・定量情報の入手と検証、および今後の市場見通しを評価するために、さまざまな主要業界関係者、専門家、主要企業幹部、業界コンサルタントなどの専門家に詳細な聞き取り調査を行いました。一次インタビューの分布は以下の通りである。
企業タイプ別ティア1 60%, ティア2 24%, ティア3 11
役職別役職別：C-Level 30％、Director Level 25％、その他 45
地域別地域別：欧州20％、アジア太平洋33％、北米27％、中東・アフリカ12％、南米8％。
注：その他には、プロダクトエンジニア、プロダクトスペシャリスト、エンジニアリングリードが含まれます。
注：企業の階層は、2021年時点の総売上高に基づいて定義されています。ティア1：10億米ドル以上、ティア2：5億米ドル以上10億米ドル未満、ティア3：5億米ドル未満
可変周波数ドライブ市場は、広い地域で存在感を示す少数の主要プレーヤーによって支配されています。可変周波数ドライブ市場の主要プレイヤーは、ABB（スイス）、Siemens（ドイツ）、Schneider Electric（フランス）、Danfoss（デンマーク）、Rockwell Automation（米国）である。
調査対象範囲
このレポートは、世界の可変周波数ドライブ市場を、タイプ、電圧タイプ、定格電力、アプリケーション、エンドユーザー産業、地域別に定義、記述、予測しています。また、市場の質的および量的な詳細な分析も行っています。本レポートでは、主要な市場促進要因、阻害要因、機会、課題について包括的に検討しています。また、市場の様々な重要な側面もカバーしています。これらには、可変周波数ドライブ市場の競争環境、市場力学、市場推定値（金額ベース）、将来動向の分析が含まれます。
レポート購入の主なメリット
1.本レポートでは、可変周波数ドライブの主要市場を特定し、対処することで、機器メーカーが需要の伸びを検討するのに役立つと思われます。
2.システムプロバイダーが市場の脈動を理解するのに役立ち、ドライバー、阻害要因、機会、および課題に関する洞察を提供します。
3.本レポートは、主要企業が競合他社の戦略をより良く理解し、より良い戦略的決断を下すのに役立つことでしょう。

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目次

1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 DEFINITION 32
1.2.1 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING: INCLUSIONS AND EXCLUSIONS 32
1.2.2 VARIABLE FREQUENCY DRIVE MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS 33
1.2.3 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 33
1.2.4 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS 33
1.2.5 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE: INCLUSIONS AND EXCLUSIONS 33
1.3 MARKET SCOPE 34
1.3.1 MARKET SEGMENTATION 34
1.3.2 REGIONAL SCOPE 34
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY 35
1.5 LIMITATIONS 35
1.6 STAKEHOLDERS 36
1.7 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 1 VARIABLE FREQUENCY DRIVE MARKET: RESEARCH DESIGN 38
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 39
FIGURE 2 DATA TRIANGULATION 39
2.2.1 SECONDARY DATA 40
2.2.1.1 KEY DATA FROM SECONDARY SOURCES 40
2.2.2 PRIMARY DATA 40
2.2.2.1 KEY DATA FROM PRIMARY SOURCES 41
2.2.2.2 BREAKDOWN OF PRIMARIES 41
2.3 MATRIX CONSIDERED FOR DEMAND SIDE ASSESSMENT 42
FIGURE 3 MAIN MATRIX CONSIDERED WHILE ASSESSING DEMAND FOR VARIABLE FREQUENCY DRIVES 42
2.4 MARKET SIZE ESTIMATION 42
2.4.1 DEMAND SIDE MATRIX 42
FIGURE 4 VARIABLE FREQUENCY DRIVE MARKET: INDUSTRY-REGION/ COUNTRY-WISE ANALYSIS 42
2.4.1.1 CALCULATION FOR DEMAND SIDE ANALYSIS 43
2.4.1.2 KEY ASSUMPTIONS WHILE CALCULATING DEMAND SIDE MARKET SIZE 43
2.4.2 SUPPLY SIDE MATRIX 44
FIGURE 5 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF VARIABLE FREQUENCY DRIVES 44
2.4.2.1 CALCULATIONS FOR SUPPLY SIDE ANALYSIS 44
FIGURE 6 VARIABLE FREQUENCY DRIVE MARKET: SUPPLY SIDE ANALYSIS 45
2.4.2.2 ASSUMPTIONS WHILE CALCULATING SUPPLY SIDE MARKET SIZE 45
FIGURE 7 COMPANY REVENUE ANALYSIS, 2021 45
2.4.3 FORECAST 46
3 EXECUTIVE SUMMARY 47
TABLE 1 VARIABLE FREQUENCY DRIVE MARKET SNAPSHOT 48
FIGURE 8 AC DRIVE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET,
BY TYPE, DURING FORECAST PERIOD 49
FIGURE 9 LOW VOLTAGE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET,
BY VOLTAGE, DURING FORECAST PERIOD 49
FIGURE 10 LOW POWER DRIVE SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, DURING FORECAST PERIOD 50
FIGURE 11 PUMPS SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET,
BY APPLICATION, DURING FORECAST PERIOD 50
FIGURE 12 INDUSTRIAL SEGMENT TO LEAD VARIABLE FREQUENCY DRIVE MARKET,
BY END USER, DURING FORECAST PERIOD 51
FIGURE 13 ASIA PACIFIC TO DOMINATE VARIABLE FREQUENCY DRIVE MARKET BETWEEN 2022 AND 2027 51
4 PREMIUM INSIGHTS 52
4.1 ATTRACTIVE OPPORTUNITIES IN VARIABLE FREQUENCY DRIVE MARKET 52
FIGURE 14 GROWING NEED FOR ENHANCING ENERGY EFFICIENCY AND ACHIEVING COST SAVINGS TO DRIVE GROWTH OF VARIABLE FREQUENCY DRIVE MARKET, 2022–2027 52
4.2 VARIABLE FREQUENCY DRIVE MARKET, BY REGION 53
FIGURE 15 ASIA PACIFIC VARIABLE FREQUENCY DRIVE MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 53
4.3 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE 53
FIGURE 16 AC DRIVES SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE MARKET IN 2021 53
4.4 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE 54
FIGURE 17 LOW VOLTAGE SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE MARKET IN 2021 54
4.5 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING 54
FIGURE 18 LOW POWER DRIVE SEGMENT HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2021 54
4.6 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION 55
FIGURE 19 PUMPS SEGMENT HELD LARGEST SHARE OF VARIABLE FREQUENCY DRIVE MARKET IN 2021 55
4.7 VARIABLE FREQUENCY DRIVE MARKET, BY END USER 55
FIGURE 20 INDUSTRIAL SEGMENT DOMINATED VARIABLE FREQUENCY DRIVE MARKET IN 2021 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 56
FIGURE 21 VARIABLE FREQUENCY DRIVE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 56
5.2.1 DRIVERS 57
5.2.1.1 INCREASING INDUSTRIALIZATION AND GROWING DEMAND FOR ENERGY EFFICIENCY 57
5.2.1.2 RISING NEED FOR ENHANCING ENERGY EFFICIENCY AND DECREASING ENERGY CONSUMPTION 57
TABLE 2 ENERGY SAVINGS USING VARIABLE FREQUENCY DRIVES (VFDS), 2021 58
FIGURE 22 GLOBAL DOMESTIC ELECTRICITY CONSUMPTION, 2015–2020 58
5.2.1.3 SUPPORTIVE REGULATORY ENVIRONMENT FOR EFFICIENT AND EFFECTIVE ENERGY UTILIZATION 59
5.2.2 RESTRAINTS 59
5.2.2.1 STAGNANT GROWTH OF OIL & GAS INDUSTRY AND DECLINE IN EXPLORATION AND PRODUCTION ACTIVITIES 59
FIGURE 23 CRUDE OIL PRICE TREND, 2017–2022 (USD PER BARREL) 60
5.2.2.2 INCREASE IN MAINTENANCE COST OF SYSTEMS AFTER IMPLEMENTATION OF VARIABLE FREQUENCY DRIVES (VFDS) 60
5.2.3 OPPORTUNITIES 61
5.2.3.1 MODERNIZATION OF POWER INFRASTRUCTURE 61
5.2.3.2 GROWING USE OF INDUSTRIAL INTERNET OF THINGS (IOT) AND ROBOTICS TECHNOLOGIES 61
5.2.4 CHALLENGES 61
5.2.4.1 AVAILABILITY OF LOW-COST PRODUCTS IN GRAY MARKET 61
5.2.4.2 SHORTAGE OF COMPONENTS AND PARTS DUE TO SUPPLY CHAIN DISRUPTIONS 62
TABLE 3 REGION-/COUNTRY-WISE PERCENTAGE DEVIATIONS FROM BENCHMARKS DUE TO COVID-19 62
5.3 PORTER’S FIVE FORCES ANALYSIS 63
TABLE 4 VARIABLE FREQUENCY DRIVE MARKET: PORTER’S FIVE FORCES ANALYSIS 63
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS 63
5.3.1 THREAT OF SUBSTITUTES 64
5.3.2 BARGAINING POWER OF SUPPLIERS 64
5.3.3 BARGAINING POWER OF BUYERS 64
5.3.4 THREAT OF NEW ENTRANTS 65
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 65
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 65
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 65
FIGURE 25 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY END USER 65
TABLE 5 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY END USER (%) 66
 
5.4.2 BUYING CRITERIA 66
FIGURE 26 KEY BUYING CRITERIA FOR END USERS 66
TABLE 6 KEY BUYING CRITERIA, BY END USER 66
5.5 COVID-19 IMPACT ANALYSIS 66
5.5.1 COVID-19 HEALTH ASSESSMENT 66
FIGURE 27 COVID-19 GLOBAL PROPAGATION 67
FIGURE 28 COVID-19 PROPAGATION IN SELECTED COUNTRIES 68
5.5.2 COVID-19 ECONOMIC ASSESSMENT 68
FIGURE 29 REVISED GDP FORECASTS FOR SELECTED G20 COUNTRIES IN 2020 68
5.6 AVERAGE SELLING PRICE TREND 69
FIGURE 30 AVERAGE SELLING PRICES OF KEY PLAYER OFFERINGS FOR POWER RATING 69
TABLE 7 AVERAGE SELLING PRICES OF KEY PLAYER OFFERINGS FOR POWER
RATING (USD) 69
5.7 VALUE CHAIN ANALYSIS 70
FIGURE 31 VARIABLE FREQUENCY DRIVE MARKET: VALUE CHAIN 70
5.7.1 RAW MATERIAL PROVIDERS/SUPPLIERS 70
5.7.2 COMPONENT MANUFACTURERS 70
5.7.3 ASSEMBLERS/MANUFACTURERS 70
5.7.4 DISTRIBUTORS/END USERS AND POST-SALES SERVICES 71
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 71
5.8.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR VARIABLE FREQUENCY DRIVE MANUFACTURERS 71
FIGURE 32 REVENUE SHIFT FOR VARIABLE FREQUENCY DRIVE MANUFACTURERS 71
5.9 TECHNOLOGY ANALYSIS 72
5.9.1 PERMANENT MAGNET MOTORS 72
5.9.2 WIRELESS DIAGNOSTIC 72
5.9.3 MODULAR MEMORY 72
5.9.4 PREDICTIVE MAINTENANCE 73
5.10 KEY CONFERENCES AND EVENTS BETWEEN 2022 AND 2023 73
TABLE 8 VARIABLE FREQUENCY DRIVE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 73
5.11 MARKET MAP 74
FIGURE 33 MARKET MAP FOR VARIABLE FREQUENCY DRIVES 74
5.12 INNOVATIONS AND PATENT REGISTRATIONS 75
TABLE 9 VARIABLE FREQUENCY DRIVE MARKET: PATENTS AND INNOVATIONS 75
5.13 TRADE DATA STATISTICS 76
TABLE 10 ELECTRIC MOTOR: IMPORT STATISTICS, 2018–2021 (USD MILLION) 76
TABLE 11 ELECTRIC MOTOR: EXPORT STATISTICS, 2018–2021 (USD MILLION) 76
5.14 CASE STUDY ANALYSIS 76
5.14.1 ABB’S ULTRA-LOW HARMONIC DRIVES IMPROVED ENERGY EFFICIENCY OF ICE-MAKING PROCESS AT OULU ENERGY ARENA, 2021 76
5.14.2 DANFOSS DELIVERED ENERGY-EFFICIENT DRIVES FOR IMPROVING INDOOR AIR QUALITY IN DELHI METRO, 2021 77
5.14.3 ABB’S VARIABLE FREQUENCY DRIVE SUCCESS, 2018 77
5.15 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 15 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 16 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
5.15.1 CODES AND REGULATIONS RELATED TO VARIABLE FREQUENCY DRIVES 81
TABLE 17 ASIA PACIFIC: CODES AND REGULATIONS 81
TABLE 18 EUROPE AND NORTH AMERICA: CODES AND REGULATIONS 81
TABLE 19 GLOBAL: CODES AND REGULATIONS 82
6 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE 83
6.1 INTRODUCTION 84
FIGURE 34 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021 84
TABLE 20 VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2020–2027 (USD MILLION) 84
6.2 AC DRIVE 85
6.2.1 EASY AVAILABILITY AND HIGH ENERGY EFFICIENCY ARE FACTORS DRIVING MARKET GROWTH 85
TABLE 21 AC DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 85
6.3 DC DRIVE 86
6.3.1 ADVANTAGES SUCH AS SPEED CONTROL AND HIGH-SPEED REGULATION TO PROPEL DEMAND FOR DC DRIVES 86
TABLE 22 DC DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 86
6.4 SERVO DRIVE 87
6.4.1 INCREASING APPLICATIONS IN CLOSED-LOOP CONTROL AND I/O PROCESSING FOR SAFETY COMPONENTS TO BOOST GROWTH OF SEGMENT 87
TABLE 23 SERVO DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 87
7 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE 88
7.1 INTRODUCTION 89
FIGURE 35 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021 89
TABLE 24 VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,
2020–2027 (USD MILLION) 89
7.2 LOW VOLTAGE 89
7.2.1 RISING APPLICATIONS OF LOW VOLTAGE VARIABLE FREQUENCY DRIVES
TO FUEL MARKET GROWTH 89
TABLE 25 LOW VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 90
7.3 MEDIUM VOLTAGE 91
7.3.1 GROWING USE OF MEDIUM VOLTAGE VARIABLE FREQUENCY DRIVES TO MINIMIZE OPERATING AND MAINTENANCE COSTS TO DRIVE MARKET GROWTH 91
TABLE 26 MEDIUM VOLTAGE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 91
8 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING 92
8.1 INTRODUCTION 93
FIGURE 36 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021 93
TABLE 27 VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,
2020–2027 (USD MILLION) 93
8.2 MICRO POWER DRIVE 93
8.2.1 RAPID INDUSTRIAL AND URBAN DEVELOPMENTS TO DRIVE MARKET GROWTH 93
TABLE 28 MICRO POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 94
8.3 LOW POWER DRIVE 94
8.3.1 EXPANDING WATER & WASTEWATER TREATMENT INDUSTRY TO BOOST DEMAND FOR LOW POWER VARIABLE FREQUENCY DRIVES 94
TABLE 29 LOW POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 95
8.4 MEDIUM POWER DRIVE 95
8.4.1 GROWING DEMAND FOR MEDIUM POWER DRIVES IN OIL & GAS INDUSTRY TO DRIVE MARKET GROWTH 95
TABLE 30 MEDIUM POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 96
8.5 HIGH POWER DRIVE 96
8.5.1 GROWING METAL & MINING INDUSTRY TO DRIVE MARKET GROWTH 96
TABLE 31 HIGH POWER DRIVE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 97
9 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION 98
9.1 INTRODUCTION 99
FIGURE 37 PUMPS SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 99
TABLE 32 VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 99
9.2 PUMPS 100
9.2.1 GROWING NEED TO REDUCE ENERGY CONSUMPTION AND MAINTENANCE COSTS TO DRIVE MARKET GROWTH 100
TABLE 33 PUMPS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 100
9.3 FANS 101
9.3.1 INCREASING ENERGY COSTS TO FUEL MARKET GROWTH 101
TABLE 34 FANS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 101
9.4 COMPRESSORS 102
9.4.1 GROWING AWARENESS REGARDING ENERGY SAVING AND INCREASING IMPLEMENTATION OF ENERGY-EFFICIENT SOLUTIONS TO BOOST DEMAND FOR VARIABLE FREQUENCY DRIVES 102
TABLE 35 COMPRESSORS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 102
9.5 CONVEYORS 103
9.5.1 RISING NEED FOR PROCESS INTEGRATION OF CONVEYORS TO FUEL DEMAND FOR VARIABLE FREQUENCY DRIVES 103
TABLE 36 CONVEYORS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 103
9.6 OTHERS 104
TABLE 37 OTHERS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 104
10 VARIABLE FREQUENCY DRIVE MARKET, BY END USER 105
10.1 INTRODUCTION 106
FIGURE 38 INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 106
TABLE 38 VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 106
10.2 OIL & GAS 107
10.2.1 RISING FOCUS ON ACHIEVING ENERGY EFFICIENCY AND GROWING USAGE OF MOTORS ON LARGE SCALE TO DRIVE MARKET GROWTH 107
TABLE 39 OIL & GAS: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 107
10.3 INDUSTRIAL 108
10.3.1 MOTORIZED AUTOMATION AND OPTIMUM UTILIZATION OF MACHINES AND POWER TO FUEL DEMAND FOR VARIABLE FREQUENCY DRIVES 108
TABLE 40 INDUSTRIAL: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 108
10.4 POWER 109
10.4.1 INCREASING EMPHASIS ON ENERGY EFFICIENCY AND COST REDUCTION TO DRIVE MARKET GROWTH 109
TABLE 41 POWER: VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 109
10.5 INFRASTRUCTURE 110
10.5.1 GROWING NEED FOR ENERGY OPTIMIZATION AND ENHANCING ENERGY EFFICIENCY TO DRIVE MARKET GROWTH 110
TABLE 42 INFRASTRUCTURE: VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2020–2027 (USD MILLION) 110
11 VARIABLE FREQUENCY DRIVE MARKET, BY REGION 111
11.1 INTRODUCTION 112
FIGURE 39 VARIABLE FREQUENCY DRIVE MARKET, BY REGION, 2021 (%) 113
FIGURE 40 ASIA PACIFIC VARIABLE FREQUENCY DRIVE MARKET TO REGISTER HIGHEST CAGR FROM 2022 TO 2027 113
TABLE 43 VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (USD MILLION) 114
TABLE 44 VARIABLE FREQUENCY DRIVE MARKET, BY REGION,
2020–2027 (THOUSAND UNITS) 114
11.2 ASIA PACIFIC 114
FIGURE 41 SNAPSHOT: VARIABLE FREQUENCY DRIVE MARKET IN ASIA PACIFIC 115
11.2.1 BY TYPE 116
TABLE 45 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
11.2.2 BY VOLTAGE 116
TABLE 46 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,
2020–2027 (USD MILLION) 116
11.2.3 BY POWER RATING 116
TABLE 47 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2020–2027 (USD MILLION) 116
11.2.4 BY APPLICATION 117
TABLE 48 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 117
11.2.5 BY END USER 117
TABLE 49 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 117
11.2.6 BY COUNTRY 118
TABLE 50 ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 118
11.2.6.1 CHINA 118
11.2.6.1.1 Rising investments in oil & gas industry and industrial sector to fuel demand for variable frequency drives 118
TABLE 51 CHINA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 119
11.2.6.2 INDIA 119
11.2.6.2.1 Government-led investments in industrial sector and expanding chemical and metal & mining industries to fuel growth of variable frequency drive market 119
TABLE 52 INDIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 120
11.2.6.3 AUSTRALIA 120
11.2.6.3.1 Favorable government policies for lithium mining and increasing investments in wind development projects to drive market growth in Australia 120
TABLE 53 AUSTRALIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 121
11.2.6.4 JAPAN 121
11.2.6.4.1 Increasing investments in power sector and growing demand for LNG to drive market growth in Japan 121
TABLE 54 JAPAN: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 122
 
11.2.6.5 SOUTH KOREA 122
11.2.6.5.1 Expanding steel and construction industries to drive market growth in South Korea 122
TABLE 55 SOUTH KOREA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 123
11.2.6.6 INDONESIA 123
11.2.6.6.1 Development of petrochemical products and renewable power generation to drive market growth in Indonesia 123
TABLE 56 INDONESIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 123
11.2.6.7 REST OF ASIA PACIFIC 124
TABLE 57 REST OF ASIA PACIFIC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 124
11.3 NORTH AMERICA 125
FIGURE 42 NORTH AMERICA VARIABLE FREQUENCY DRIVE MARKET: SNAPSHOT 126
11.3.1 BY TYPE 126
TABLE 58 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,
2020–2027 (USD MILLION) 126
11.3.2 BY VOLTAGE 127
TABLE 59 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 127
11.3.3 BY POWER RATING 127
TABLE 60 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2020–2027 (USD MILLION) 127
11.3.4 BY APPLICATION 127
TABLE 61 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 127
11.3.5 BY END USER 128
TABLE 62 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 128
11.3.6 BY COUNTRY 128
TABLE 63 NORTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 128
11.3.6.1 US 128
11.3.6.1.1 Increasing investments in oil & gas and chemical industries and rising mining exploration activities to drive US market growth 128
TABLE 64 US: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 129
11.3.6.2 CANADA 129
11.3.6.2.1 Increasing focus on development of oil & gas and power industries to boost demand for variable frequency drives in Canada 129
TABLE 65 CANADA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 130
11.3.6.3 MEXICO 130
11.3.6.3.1 Increasing investments in oil & gas industry and development of water and wastewater treatment infrastructure to drive market growth in Mexico 130
TABLE 66 MEXICO: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 131
11.4 EUROPE 131
11.4.1 BY TYPE 132
TABLE 67 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,
2020–2027 (USD MILLION) 132
11.4.2 BY VOLTAGE 132
TABLE 68 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,
2020–2027 (USD MILLION) 132
11.4.3 BY POWER RATING 132
TABLE 69 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,
2020–2027 (USD MILLION) 132
11.4.4 BY APPLICATION 133
TABLE 70 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 133
11.4.5 BY END USER 133
TABLE 71 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 133
11.4.6 BY COUNTRY 134
TABLE 72 EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 134
11.4.6.1 UK 134
11.4.6.1.1 Growing demand for wind energy to increase deployment of variable frequency drives in UK 134
TABLE 73 UK: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 135
11.4.6.2 RUSSIA 135
11.4.6.2.1 Surging investments in oil & gas industry to boost market growth in Russia 135
TABLE 74 RUSSIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 135
11.4.6.3 GERMANY 136
11.4.6.3.1 Increasing focus on expanding power sector and infrastructure development to fuel demand for variable frequency drives in Germany 136
TABLE 75 GERMANY: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 136
11.4.6.4 ITALY 137
11.4.6.4.1 Expanding industrial sector and power industry to drive market growth in Italy 137
TABLE 76 ITALY: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 137
11.4.6.5 FRANCE 137
11.4.6.5.1 Growing demand for variable frequency drives in mining industry and renewable energy projects to fuel market growth 137
TABLE 77 FRANCE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 138
 
11.4.6.6 SPAIN 138
11.4.6.6.1 Growing industrial sector to fuel demand for variable frequency
drives in Spain 138
TABLE 78 SPAIN: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 139
11.4.6.7 REST OF EUROPE 139
TABLE 79 REST OF EUROPE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 140
11.5 SOUTH AMERICA 140
11.5.1 BY TYPE 140
TABLE 80 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2020–2027 (USD MILLION) 140
11.5.2 BY VOLTAGE 141
TABLE 81 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2020–2027 (USD MILLION) 141
11.5.3 BY POWER RATING 141
TABLE 82 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2020–2027 (USD MILLION) 141
11.5.4 BY APPLICATION 141
TABLE 83 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 141
11.5.5 BY END USER 142
TABLE 84 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 142
11.5.6 BY COUNTRY 142
TABLE 85 SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 142
11.5.6.1 BRAZIL 143
11.5.6.1.1 Increasing investment due to privatization in oil & gas and power industries to propel demand for variable frequency drives in Brazil 143
TABLE 86 BRAZIL: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 143
11.5.6.2 ARGENTINA 144
11.5.6.2.1 Favorable government policies along with investments in oil & gas, mining, and renewable energy to fuel demand for variable frequency drives in Argentina 144
TABLE 87 ARGENTINA: VARIABLE FREQUENCY MARKET, BY END USER,
2020–2027 (USD MILLION) 144
11.5.6.3 CHILE 145
11.5.6.3.1 Developments in infrastructure projects and mining sector in Chile to drive market growth 145
TABLE 88 CHILE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 145
11.5.6.4 REST OF SOUTH AMERICA 146
TABLE 89 REST OF SOUTH AMERICA: VARIABLE FREQUENCY DRIVE MARKET,
BY END USER, 2020–2027 (USD MILLION) 146
 
11.6 MIDDLE EAST 147
11.6.1 BY TYPE 147
TABLE 90 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,
2020–2027 (USD MILLION) 147
11.6.2 BY VOLTAGE 148
TABLE 91 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,
2020–2027 (USD MILLION) 148
11.6.3 BY POWER RATING 148
TABLE 92 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2020–2027 (USD MILLION) 148
11.6.4 BY APPLICATION 148
TABLE 93 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 148
TABLE 94 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 149
11.6.5 BY COUNTRY 149
TABLE 95 MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
11.6.5.1 SAUDI ARABIA 149
11.6.5.1.1 Rising investments in infrastructure development and power sector to fuel demand for variable frequency drives 149
TABLE 96 SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 150
11.6.5.2 UAE 150
11.6.5.2.1 Developing manufacturing sector and HVAC infrastructure to increase demand for variable frequency drives 150
TABLE 97 UAE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 151
11.6.5.3 QATAR 151
11.6.5.3.1 Rising investments in development of power sector to drive demand for variable frequency drives 151
TABLE 98 QATAR: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 152
11.6.5.4 OMAN 152
11.6.5.4.1 Healthy growth of oil & gas sector to drive market growth 152
TABLE 99 OMAN: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 152
11.6.5.5 REST OF MIDDLE EAST 153
TABLE 100 REST OF MIDDLE EAST: VARIABLE FREQUENCY DRIVE MARKET,
BY END USER, 2020–2027 (USD MILLION) 153
11.7 AFRICA 153
11.7.1 BY TYPE 154
TABLE 101 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,
2020–2027 (USD MILLION) 154
11.7.2 BY VOLTAGE 154
TABLE 102 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,
2020–2027 (USD MILLION) 154
11.7.3 BY POWER RATING 154
TABLE 103 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,
2020–2027 (USD MILLION) 154
11.7.4 BY APPLICATION 155
TABLE 104 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 155
11.7.5 BY END USER 155
TABLE 105 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 155
11.7.6 BY COUNTRY 155
TABLE 106 AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 155
11.7.6.1 EGYPT 156
11.7.6.1.1 Active upstream operations funded by international oil companies to fuel growth of variable frequency drive market 156
TABLE 107 EGYPT: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 156
11.7.6.2 NIGERIA 156
11.7.6.2.1 Rise in exploration activities to boost market growth 156
TABLE 108 NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,
2020–2027 (USD MILLION) 157
11.7.6.3 SOUTH AFRICA 157
11.7.6.3.1 Increasing investments in mining sector and oil & gas industry to fuel demand for variable frequency drives 157
TABLE 109 SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2020–2027 (USD MILLION) 158
11.7.6.4 REST OF AFRICA 158
TABLE 110 REST OF AFRICA: VARIABLE FREQUENCY MARKET, BY END USER,
2020–2027 (USD MILLION) 158
12 COMPETITIVE LANDSCAPE 159
12.1 KEY PLAYERS STRATEGIES 159
TABLE 111 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, 2018–2022 159
12.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 161
TABLE 112 VARIABLE FREQUENCY DRIVE MARKET: DEGREE OF COMPETITION 161
FIGURE 43 VARIABLE FREQUENCY DRIVE MARKET SHARE ANALYSIS, 2021 162
12.3 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 163
FIGURE 44 TOP PLAYERS IN VARIABLE FREQUENCY DRIVE MARKET FROM 2017 TO 2021 163
12.4 COMPANY EVALUATION QUADRANT 164
12.4.1 STAR 164
12.4.2 PERVASIVE 164
12.4.3 EMERGING LEADER 164
12.4.4 PARTICIPANT 164
FIGURE 45 VARIABLE FREQUENCY DRIVE MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021 165
12.5 START-UP/SME EVALUATION QUADRANT, 2021 166
12.5.1 PROGRESSIVE COMPANY 166
12.5.2 RESPONSIVE COMPANY 166
12.5.3 DYNAMIC COMPANY 166
12.5.4 STARTING BLOCK 166
FIGURE 46 VARIABLE FREQUENCY DRIVE MARKET: START-UP/SME EVALUATION QUADRANT, 2021 167
12.5.5 COMPETITIVE BENCHMARKING 168
TABLE 113 VARIABLE FREQUENCY DRIVE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 168
TABLE 114 VARIABLE FREQUENCY DRIVE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 169
12.6 VARIABLE FREQUENCY DRIVE MARKET: COMPANY FOOTPRINT 170
TABLE 115 POWER RATING: COMPANY FOOTPRINT 170
TABLE 116 TYPE: COMPANY FOOTPRINT 171
TABLE 117 APPLICATION: COMPANY FOOTPRINT 172
TABLE 118 REGION: COMPANY FOOTPRINT 173
TABLE 119 COMPANY FOOTPRINT 174
12.7 COMPETITIVE SCENARIO 175
TABLE 120 VARIABLE FREQUENCY DRIVE MARKET: PRODUCT LAUNCHES, JANUARY 2018– MARCH 2022 175
TABLE 121 VARIABLE FREQUENCY DRIVE MARKET: DEALS, JANUARY 2018–
MARCH 2022 176
TABLE 122 VARIABLE FREQUENCY DRIVE MARKET: OTHERS, JANUARY 2018–
MARCH 2022 177
13 COMPANY PROFILES 178
(Business overview, Products/solutions/services offered, Recent Developments, MNM view)*
13.1 KEY PLAYERS 178
13.1.1 ABB 178
TABLE 123 ABB: BUSINESS OVERVIEW 178
FIGURE 47 ABB: COMPANY SNAPSHOT, 2021 179
TABLE 124 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 179
TABLE 125 ABB: PRODUCT LAUNCHES 181
TABLE 126 ABB: DEALS 182
TABLE 127 ABB: OTHERS 183
13.1.2 SIEMENS 185
TABLE 128 SIEMENS: BUSINESS OVERVIEW 185
FIGURE 48 SIEMENS: COMPANY SNAPSHOT, 2021 186
TABLE 129 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 186
TABLE 130 SIEMENS: PRODUCT LAUNCHES 188
TABLE 131 SIEMENS: DEALS 189
TABLE 132 SIEMENS: OTHERS 189
13.1.3 SCHNEIDER ELECTRIC 191
TABLE 133 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 191
FIGURE 49 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT, 2021 192
TABLE 134 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 192
TABLE 135 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 194
TABLE 136 SCHNEIDER ELECTRIC: DEALS 194
TABLE 137 SCHNEIDER ELECTRIC: OTHERS 195
13.1.4 DANFOSS 197
TABLE 138 DANFOSS: COMPANY OVERVIEW 197
FIGURE 50 DANFOSS: COMPANY SNAPSHOT, 2021 198
TABLE 139 DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 199
TABLE 140 DANFOSS: PRODUCT LAUNCHES 200
TABLE 141 DANFOSS: DEALS 200
TABLE 142 DANFOSS: OTHERS 200
13.1.5 ROCKWELL AUTOMATION 202
TABLE 143 ROCKWELL AUTOMATION: BUSINESS OVERVIEW 202
FIGURE 51 ROCKWELL AUTOMATION: COMPANY SNAPSHOT, 2021 203
TABLE 144 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
TABLE 145 ROCKWELL AUTOMATION: PRODUCT LAUNCHES 205
TABLE 146 ROCKWELL AUTOMATION: DEALS 205
13.1.6 EATON 207
TABLE 147 EATON: BUSINESS OVERVIEW 207
FIGURE 52 EATON: COMPANY SNAPSHOT, 2021 208
TABLE 148 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 149 EATON: PRODUCT LAUNCHES 210
TABLE 150 EATON: DEALS 210
TABLE 151 EATON: OTHERS 210
13.1.7 FUJI ELECTRIC 211
TABLE 152 FUJI ELECTRIC: COMPANY OVERVIEW 211
FIGURE 53 FUJI ELECTRIC: COMPANY SNAPSHOT, 2021 212
TABLE 153 FUJI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 154 FUJI ELECTRIC: PRODUCT LAUNCHES 214
TABLE 155 FUJI ELECTRIC: DEALS 214
TABLE 156 FUJI ELECTRIC: OTHERS 214
13.1.8 HITACHI 215
TABLE 157 HITACHI: COMPANY OVERVIEW 215
FIGURE 54 HITACHI: COMPANY SNAPSHOT, 2021 216
TABLE 158 HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
13.1.9 GENERAL ELECTRIC 218
TABLE 159 GENERAL ELECTRIC: COMPANY OVERVIEW 218
FIGURE 55 GENERAL ELECTRIC: COMPANY SNAPSHOT, 2021 219
TABLE 160 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 161 GENERAL ELECTRIC: DEALS 220
TABLE 162 GENERAL ELECTRIC: OTHERS 221
13.1.10 NIDEC 222
TABLE 163 NIDEC: COMPANY OVERVIEW 222
FIGURE 56 NIDEC: COMPANY SNAPSHOT, 2021 223
TABLE 164 NIDEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 165 NIDEC: PRODUCT LAUNCHES 224
TABLE 166 NIDEC: OTHERS 224
13.1.11 WEG SA 225
TABLE 167 WEG SA: COMPANY OVERVIEW 225
FIGURE 57 WEG SA: COMPANY SNAPSHOT, 2021 226
TABLE 168 WEG SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 169 WEG SA: PRODUCT LAUNCHES 227
TABLE 170 WEG SA: OTHERS 227
13.1.12 YASKAWA 228
TABLE 171 YASKAWA: COMPANY OVERVIEW 228
FIGURE 58 YASKAWA: COMPANY SNAPSHOT, 2020 229
TABLE 172 YASKAWA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 230
TABLE 173 YASKAWA: PRODUCT LAUNCHES 230
TABLE 174 YASKAWA: DEALS 230
13.1.13 HONEYWELL INTERNATIONAL 231
TABLE 175 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW 231
FIGURE 59 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT, 2021 232
TABLE 176 HONEYWELL INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
13.1.14 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED 234
TABLE 177 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: COMPANY OVERVIEW 234
FIGURE 60 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: COMPANY
SNAPSHOT, 2021 235
TABLE 178 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 179 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: PRODUCT LAUNCHES 237
13.1.15 TMEIC 238
TABLE 180 TMEIC: COMPANY OVERVIEW 238
TABLE 181 TMEIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 239
TABLE 182 TMEIC: DEALS 240
13.2 OTHER PLAYERS 241
13.2.1 ANAHEIM AUTOMATION 241
13.2.2 SEW - EURODRIVE 241
13.2.3 DELTA ELECTRONICS 242
13.2.4 PARKER HANNIFIN 242
13.2.5 NORD DRIVE SYSTEMS 243
13.2.6 INOVANCE TECHNOLOGY 243
13.2.7 TECHSUPPEN 244
13.2.8 SHENZHEN GOZUK 244
13.2.9 SAKSUN INDUSTRIES 244
13.2.10 A.S. AUTOMATION & CONTROLS 245
*Details on Business overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
14 APPENDIX 246
14.1 INSIGHTS OF INDUSTRY EXPERTS 246
14.2 DISCUSSION GUIDE 247
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 250
14.4 AVAILABLE CUSTOMIZATIONS 252
14.5 RELATED REPORTS 252
14.6 AUTHOR DETAILS 253