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Global and Japan Inverters Market Insights, Forecast to 2027
SKU ID : QYR-18722841 | Publishing Date : 09-Jul-2021 | No. of pages : 160
Variable frequency Drive (VFD) is an electric power control device which controls AC motor by changing the working power frequency of the motor by using frequency conversion technology and microelectronic technology. The frequency converter is mainly composed of rectifier (AC to DC), filter, inverter (DC to AC), brake unit, drive unit, detection unit, micro-processing unit, etc.
The leading manufacturers of frequency converters in the market include ABB, Siemens, Schneider, Danfoss and Rockwell, etc., with the top 10 enterprises accounting for nearly 78% of the global market.
In the downstream market, frequency converters can be used in power, mining, metallurgy, petrochemical, building materials and other industries, where power is the largest consumer market, accounting for 30% of the market share.
Market Analysis and Insights: Global and Japan Inverters Market
This report focuses on global and Japan Inverters market.
In 2020, the global Inverters market size was US$ 10080 million and it is expected to reach US$ 12290 million by the end of 2027, with a CAGR of 2.4% during 2021-2027. In Japan the Inverters market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Inverters Scope and Market Size
Inverters market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Inverters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Inverters market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Middle and Low Voltage Frequency Converter
High Voltage Frequency Converter
Segment by Application
Electric Power
Mining
Metallurgical
Petrochemical
Building Materials
Other
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ABB
SIEMENS
Schneider
Danfoss
Rockwell
YASKAWA
MITSUBISHI ELECTRIC
Fuji Electric
Inovance
Delta
GE
invt
Hiconics
VEICHI
HopeSenlan Science and Technology
EURA DRIVES
POWTRAN
SINEE
NANCAL
WOLONG
MUST
The leading manufacturers of frequency converters in the market include ABB, Siemens, Schneider, Danfoss and Rockwell, etc., with the top 10 enterprises accounting for nearly 78% of the global market.
In the downstream market, frequency converters can be used in power, mining, metallurgy, petrochemical, building materials and other industries, where power is the largest consumer market, accounting for 30% of the market share.
Market Analysis and Insights: Global and Japan Inverters Market
This report focuses on global and Japan Inverters market.
In 2020, the global Inverters market size was US$ 10080 million and it is expected to reach US$ 12290 million by the end of 2027, with a CAGR of 2.4% during 2021-2027. In Japan the Inverters market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Inverters Scope and Market Size
Inverters market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Inverters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Inverters market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Middle and Low Voltage Frequency Converter
High Voltage Frequency Converter
Segment by Application
Electric Power
Mining
Metallurgical
Petrochemical
Building Materials
Other
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ABB
SIEMENS
Schneider
Danfoss
Rockwell
YASKAWA
MITSUBISHI ELECTRIC
Fuji Electric
Inovance
Delta
GE
invt
Hiconics
VEICHI
HopeSenlan Science and Technology
EURA DRIVES
POWTRAN
SINEE
NANCAL
WOLONG
MUST
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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