Global Medium Voltage Variable Frequency Drives Market Insights, Forecast to 2028
Table of Contents
1 Study Coverage
- 1.1 Medium Voltage Variable Frequency Drives Product Introduction
- 1.2 Market by Type
- 1.2.1 Global Medium Voltage Variable Frequency Drives Market Size by Type, 2017 VS 2021 VS 2028
- 1.2.2 Below 3kv
- 1.2.3 3-6kv
- 1.2.4 6-10 Kv
- 1.2.5 Above 10kv
- 1.3 Market by Application
- 1.3.1 Global Medium Voltage Variable Frequency Drives Market Size by Application, 2017 VS 2021 VS 2028
- 1.3.2 Oil & Gas and Chemicals
- 1.3.3 Power and Energy
- 1.3.4 Mining
- 1.3.5 Cement Industry
- 1.3.6 Metallurgical Industry
- 1.3.7 Other
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Medium Voltage Variable Frequency Drives Production
- 2.1 Global Medium Voltage Variable Frequency Drives Production Capacity (2017-2028)
- 2.2 Global Medium Voltage Variable Frequency Drives Production by Region: 2017 VS 2021 VS 2028
- 2.3 Global Medium Voltage Variable Frequency Drives Production by Region
- 2.3.1 Global Medium Voltage Variable Frequency Drives Historic Production by Region (2017-2022)
- 2.3.2 Global Medium Voltage Variable Frequency Drives Forecasted Production by Region (2023-2028)
- 2.4 North America
- 2.5 Europe
- 2.6 China
- 2.7 Japan
3 Global Medium Voltage Variable Frequency Drives Sales in Volume & Value Estimates and Forecasts
- 3.1 Global Medium Voltage Variable Frequency Drives Sales Estimates and Forecasts 2017-2028
- 3.2 Global Medium Voltage Variable Frequency Drives Revenue Estimates and Forecasts 2017-2028
- 3.3 Global Medium Voltage Variable Frequency Drives Revenue by Region: 2017 VS 2021 VS 2028
- 3.4 Global Medium Voltage Variable Frequency Drives Sales by Region
- 3.4.1 Global Medium Voltage Variable Frequency Drives Sales by Region (2017-2022)
- 3.4.2 Global Sales Medium Voltage Variable Frequency Drives by Region (2023-2028)
- 3.5 Global Medium Voltage Variable Frequency Drives Revenue by Region
- 3.5.1 Global Medium Voltage Variable Frequency Drives Revenue by Region (2017-2022)
- 3.5.2 Global Medium Voltage Variable Frequency Drives Revenue by Region (2023-2028)
- 3.6 North America
- 3.7 Europe
- 3.8 Asia-Pacific
- 3.9 Latin America
- 3.10 Middle East & Africa
4 Competition by Manufactures
- 4.1 Global Medium Voltage Variable Frequency Drives Production Capacity by Manufacturers
- 4.2 Global Medium Voltage Variable Frequency Drives Sales by Manufacturers
- 4.2.1 Global Medium Voltage Variable Frequency Drives Sales by Manufacturers (2017-2022)
- 4.2.2 Global Medium Voltage Variable Frequency Drives Sales Market Share by Manufacturers (2017-2022)
- 4.2.3 Global Top 10 and Top 5 Largest Manufacturers of Medium Voltage Variable Frequency Drives in 2021
- 4.3 Global Medium Voltage Variable Frequency Drives Revenue by Manufacturers
- 4.3.1 Global Medium Voltage Variable Frequency Drives Revenue by Manufacturers (2017-2022)
- 4.3.2 Global Medium Voltage Variable Frequency Drives Revenue Market Share by Manufacturers (2017-2022)
- 4.3.3 Global Top 10 and Top 5 Companies by Medium Voltage Variable Frequency Drives Revenue in 2021
- 4.4 Global Medium Voltage Variable Frequency Drives Sales Price by Manufacturers
- 4.5 Analysis of Competitive Landscape
- 4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 4.5.2 Global Medium Voltage Variable Frequency Drives Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 4.5.3 Global Medium Voltage Variable Frequency Drives Manufacturers Geographical Distribution
- 4.6 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
- 5.1 Global Medium Voltage Variable Frequency Drives Sales by Type
- 5.1.1 Global Medium Voltage Variable Frequency Drives Historical Sales by Type (2017-2022)
- 5.1.2 Global Medium Voltage Variable Frequency Drives Forecasted Sales by Type (2023-2028)
- 5.1.3 Global Medium Voltage Variable Frequency Drives Sales Market Share by Type (2017-2028)
- 5.2 Global Medium Voltage Variable Frequency Drives Revenue by Type
- 5.2.1 Global Medium Voltage Variable Frequency Drives Historical Revenue by Type (2017-2022)
- 5.2.2 Global Medium Voltage Variable Frequency Drives Forecasted Revenue by Type (2023-2028)
- 5.2.3 Global Medium Voltage Variable Frequency Drives Revenue Market Share by Type (2017-2028)
- 5.3 Global Medium Voltage Variable Frequency Drives Price by Type
- 5.3.1 Global Medium Voltage Variable Frequency Drives Price by Type (2017-2022)
- 5.3.2 Global Medium Voltage Variable Frequency Drives Price Forecast by Type (2023-2028)
6 Market Size by Application
- 6.1 Global Medium Voltage Variable Frequency Drives Sales by Application
- 6.1.1 Global Medium Voltage Variable Frequency Drives Historical Sales by Application (2017-2022)
- 6.1.2 Global Medium Voltage Variable Frequency Drives Forecasted Sales by Application (2023-2028)
- 6.1.3 Global Medium Voltage Variable Frequency Drives Sales Market Share by Application (2017-2028)
- 6.2 Global Medium Voltage Variable Frequency Drives Revenue by Application
- 6.2.1 Global Medium Voltage Variable Frequency Drives Historical Revenue by Application (2017-2022)
- 6.2.2 Global Medium Voltage Variable Frequency Drives Forecasted Revenue by Application (2023-2028)
- 6.2.3 Global Medium Voltage Variable Frequency Drives Revenue Market Share by Application (2017-2028)
- 6.3 Global Medium Voltage Variable Frequency Drives Price by Application
- 6.3.1 Global Medium Voltage Variable Frequency Drives Price by Application (2017-2022)
- 6.3.2 Global Medium Voltage Variable Frequency Drives Price Forecast by Application (2023-2028)
7 North America
- 7.1 North America Medium Voltage Variable Frequency Drives Market Size by Type
- 7.1.1 North America Medium Voltage Variable Frequency Drives Sales by Type (2017-2028)
- 7.1.2 North America Medium Voltage Variable Frequency Drives Revenue by Type (2017-2028)
- 7.2 North America Medium Voltage Variable Frequency Drives Market Size by Application
- 7.2.1 North America Medium Voltage Variable Frequency Drives Sales by Application (2017-2028)
- 7.2.2 North America Medium Voltage Variable Frequency Drives Revenue by Application (2017-2028)
- 7.3 North America Medium Voltage Variable Frequency Drives Sales by Country
- 7.3.1 North America Medium Voltage Variable Frequency Drives Sales by Country (2017-2028)
- 7.3.2 North America Medium Voltage Variable Frequency Drives Revenue by Country (2017-2028)
- 7.3.3 United States
- 7.3.4 Canada
8 Europe
- 8.1 Europe Medium Voltage Variable Frequency Drives Market Size by Type
- 8.1.1 Europe Medium Voltage Variable Frequency Drives Sales by Type (2017-2028)
- 8.1.2 Europe Medium Voltage Variable Frequency Drives Revenue by Type (2017-2028)
- 8.2 Europe Medium Voltage Variable Frequency Drives Market Size by Application
- 8.2.1 Europe Medium Voltage Variable Frequency Drives Sales by Application (2017-2028)
- 8.2.2 Europe Medium Voltage Variable Frequency Drives Revenue by Application (2017-2028)
- 8.3 Europe Medium Voltage Variable Frequency Drives Sales by Country
- 8.3.1 Europe Medium Voltage Variable Frequency Drives Sales by Country (2017-2028)
- 8.3.2 Europe Medium Voltage Variable Frequency Drives Revenue by Country (2017-2028)
- 8.3.3 Germany
- 8.3.4 France
- 8.3.5 U.K.
- 8.3.6 Italy
- 8.3.7 Russia
9 Asia Pacific
- 9.1 Asia Pacific Medium Voltage Variable Frequency Drives Market Size by Type
- 9.1.1 Asia Pacific Medium Voltage Variable Frequency Drives Sales by Type (2017-2028)
- 9.1.2 Asia Pacific Medium Voltage Variable Frequency Drives Revenue by Type (2017-2028)
- 9.2 Asia Pacific Medium Voltage Variable Frequency Drives Market Size by Application
- 9.2.1 Asia Pacific Medium Voltage Variable Frequency Drives Sales by Application (2017-2028)
- 9.2.2 Asia Pacific Medium Voltage Variable Frequency Drives Revenue by Application (2017-2028)
- 9.3 Asia Pacific Medium Voltage Variable Frequency Drives Sales by Region
- 9.3.1 Asia Pacific Medium Voltage Variable Frequency Drives Sales by Region (2017-2028)
- 9.3.2 Asia Pacific Medium Voltage Variable Frequency Drives Revenue by Region (2017-2028)
- 9.3.3 China
- 9.3.4 Japan
- 9.3.5 South Korea
- 9.3.6 India
- 9.3.7 Australia
- 9.3.8 China Taiwan
- 9.3.9 Indonesia
- 9.3.10 Thailand
- 9.3.11 Malaysia
10 Latin America
- 10.1 Latin America Medium Voltage Variable Frequency Drives Market Size by Type
- 10.1.1 Latin America Medium Voltage Variable Frequency Drives Sales by Type (2017-2028)
- 10.1.2 Latin America Medium Voltage Variable Frequency Drives Revenue by Type (2017-2028)
- 10.2 Latin America Medium Voltage Variable Frequency Drives Market Size by Application
- 10.2.1 Latin America Medium Voltage Variable Frequency Drives Sales by Application (2017-2028)
- 10.2.2 Latin America Medium Voltage Variable Frequency Drives Revenue by Application (2017-2028)
- 10.3 Latin America Medium Voltage Variable Frequency Drives Sales by Country
- 10.3.1 Latin America Medium Voltage Variable Frequency Drives Sales by Country (2017-2028)
- 10.3.2 Latin America Medium Voltage Variable Frequency Drives Revenue by Country (2017-2028)
- 10.3.3 Mexico
- 10.3.4 Brazil
- 10.3.5 Argentina
11 Middle East and Africa
- 11.1 Middle East and Africa Medium Voltage Variable Frequency Drives Market Size by Type
- 11.1.1 Middle East and Africa Medium Voltage Variable Frequency Drives Sales by Type (2017-2028)
- 11.1.2 Middle East and Africa Medium Voltage Variable Frequency Drives Revenue by Type (2017-2028)
- 11.2 Middle East and Africa Medium Voltage Variable Frequency Drives Market Size by Application
- 11.2.1 Middle East and Africa Medium Voltage Variable Frequency Drives Sales by Application (2017-2028)
- 11.2.2 Middle East and Africa Medium Voltage Variable Frequency Drives Revenue by Application (2017-2028)
- 11.3 Middle East and Africa Medium Voltage Variable Frequency Drives Sales by Country
- 11.3.1 Middle East and Africa Medium Voltage Variable Frequency Drives Sales by Country (2017-2028)
- 11.3.2 Middle East and Africa Medium Voltage Variable Frequency Drives Revenue by Country (2017-2028)
- 11.3.3 Turkey
- 11.3.4 Saudi Arabia
- 11.3.5 UAE
12 Corporate Profiles
- 12.1 ABB
- 12.1.1 ABB Corporation Information
- 12.1.2 ABB Overview
- 12.1.3 ABB Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.1.4 ABB Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.1.5 ABB Recent Developments
- 12.2 Siemens
- 12.2.1 Siemens Corporation Information
- 12.2.2 Siemens Overview
- 12.2.3 Siemens Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.2.4 Siemens Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.2.5 Siemens Recent Developments
- 12.3 WOLONG
- 12.3.1 WOLONG Corporation Information
- 12.3.2 WOLONG Overview
- 12.3.3 WOLONG Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.3.4 WOLONG Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.3.5 WOLONG Recent Developments
- 12.4 Control Techniques
- 12.4.1 Control Techniques Corporation Information
- 12.4.2 Control Techniques Overview
- 12.4.3 Control Techniques Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.4.4 Control Techniques Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.4.5 Control Techniques Recent Developments
- 12.5 RXHK
- 12.5.1 RXHK Corporation Information
- 12.5.2 RXHK Overview
- 12.5.3 RXHK Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.5.4 RXHK Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.5.5 RXHK Recent Developments
- 12.6 INVT
- 12.6.1 INVT Corporation Information
- 12.6.2 INVT Overview
- 12.6.3 INVT Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.6.4 INVT Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.6.5 INVT Recent Developments
- 12.7 Eaton
- 12.7.1 Eaton Corporation Information
- 12.7.2 Eaton Overview
- 12.7.3 Eaton Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.7.4 Eaton Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.7.5 Eaton Recent Developments
- 12.8 WEG
- 12.8.1 WEG Corporation Information
- 12.8.2 WEG Overview
- 12.8.3 WEG Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.8.4 WEG Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.8.5 WEG Recent Developments
- 12.9 Benshaw
- 12.9.1 Benshaw Corporation Information
- 12.9.2 Benshaw Overview
- 12.9.3 Benshaw Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.9.4 Benshaw Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.9.5 Benshaw Recent Developments
- 12.10 Yaskawa
- 12.10.1 Yaskawa Corporation Information
- 12.10.2 Yaskawa Overview
- 12.10.3 Yaskawa Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.10.4 Yaskawa Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.10.5 Yaskawa Recent Developments
- 12.11 Danfoss
- 12.11.1 Danfoss Corporation Information
- 12.11.2 Danfoss Overview
- 12.11.3 Danfoss Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.11.4 Danfoss Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.11.5 Danfoss Recent Developments
- 12.12 Hiconics
- 12.12.1 Hiconics Corporation Information
- 12.12.2 Hiconics Overview
- 12.12.3 Hiconics Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.12.4 Hiconics Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.12.5 Hiconics Recent Developments
- 12.13 Delta
- 12.13.1 Delta Corporation Information
- 12.13.2 Delta Overview
- 12.13.3 Delta Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.13.4 Delta Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.13.5 Delta Recent Developments
- 12.14 Schneider Electric
- 12.14.1 Schneider Electric Corporation Information
- 12.14.2 Schneider Electric Overview
- 12.14.3 Schneider Electric Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.14.4 Schneider Electric Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.14.5 Schneider Electric Recent Developments
- 12.15 TMEIC
- 12.15.1 TMEIC Corporation Information
- 12.15.2 TMEIC Overview
- 12.15.3 TMEIC Medium Voltage Variable Frequency Drives Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.15.4 TMEIC Medium Voltage Variable Frequency Drives Product Model Numbers, Pictures, Descriptions and Specifications
- 12.15.5 TMEIC Recent Developments
13 Industry Chain and Sales Channels Analysis
- 13.1 Medium Voltage Variable Frequency Drives Industry Chain Analysis
- 13.2 Medium Voltage Variable Frequency Drives Key Raw Materials
- 13.2.1 Key Raw Materials
- 13.2.2 Raw Materials Key Suppliers
- 13.3 Medium Voltage Variable Frequency Drives Production Mode & Process
- 13.4 Medium Voltage Variable Frequency Drives Sales and Marketing
- 13.4.1 Medium Voltage Variable Frequency Drives Sales Channels
- 13.4.2 Medium Voltage Variable Frequency Drives Distributors
- 13.5 Medium Voltage Variable Frequency Drives Customers
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
- 14.1 Medium Voltage Variable Frequency Drives Industry Trends
- 14.2 Medium Voltage Variable Frequency Drives Market Drivers
- 14.3 Medium Voltage Variable Frequency Drives Market Challenges
- 14.4 Medium Voltage Variable Frequency Drives Market Restraints
15 Key Finding in The Global Medium Voltage Variable Frequency Drives Study
16 Appendix
- 16.1 Research Methodology
- 16.1.1 Methodology/Research Approach
- 16.1.2 Data Source
- 16.2 Author Details
Summary:
Market Analysis and Insights: Global Medium Voltage Variable Frequency Drives Market
Due to the COVID-19 pandemic, the global Medium Voltage Variable Frequency Drives market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Below 3kv accounting for % of the Medium Voltage Variable Frequency Drives global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Oil & Gas and Chemicals segment is altered to an % CAGR throughout this forecast period.
China Medium Voltage Variable Frequency Drives market size is valued at US$ million in 2021, while the US and Europe Medium Voltage Variable Frequency Drives are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Medium Voltage Variable Frequency Drives landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Medium Voltage Variable Frequency Drives include ABB, Siemens, WOLONG, Control Techniques, RXHK, INVT, Eaton, WEG and Benshaw, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Medium Voltage Variable Frequency Drives capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Medium Voltage Variable Frequency Drives by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Type
Below 3kv
3-6kv
6-10 Kv
Above 10kv
Segment by Application
Oil & Gas and Chemicals
Power and Energy
Mining
Cement Industry
Metallurgical Industry
Other
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and production/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Medium Voltage Variable Frequency Drives market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Outlook
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
ABB
Siemens
WOLONG
Control Techniques
RXHK
INVT
Eaton
WEG
Benshaw
Yaskawa
Danfoss
Hiconics
Delta
Schneider Electric
TMEIC
Frequently Asked Questions
Which is the most lucrative product segment in the Medium Voltage Variable Frequency Drives market?
Which are the prominent strategies of the Medium Voltage Variable Frequency Drives market players?
Which factors are increasing the competition in the Medium Voltage Variable Frequency Drives market?
Which are the recommendations provided by the Medium Voltage Variable Frequency Drives industry experts?
Which region will witness rewarding growth during the forecast period?
What factors will curb the Medium Voltage Variable Frequency Drives market growth?
Which product segment will register the fastest growth rate in the Medium Voltage Variable Frequency Drives market?
Which emerging trends will impact the Medium Voltage Variable Frequency Drives market growth?
Which are the high-impact rendering factors in the Medium Voltage Variable Frequency Drives market?
Which companies will maintain their lead on the Medium Voltage Variable Frequency Drives market?