Variable Frequency Drive Market 
                     Variable Frequency Drive Market Size 
Worth USD 28 billion by 2026
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Variable Frequency 
Drive Market Overview
 Variable frequency drives (VFD) are controllers/regulators 
which modulate the voltage and frequency transmitted to 
the electric motor. These are also used to control the 
speed of AC induction motors. VFDs have widespread 
applications in industries such as metal & mining, power 
generation, automotive, oil & gas, etc. Increasing focus 
on R&D activities will lead to improved performance and 
productivity, thereby enlarging the application base. 
Therefore, the growth of the VFD market is reliant on the 
usage of these products across industry verticals.
 Variable Frequency Drive Market Estimation:
 The global variable frequency drive market was 
valued at nearly USD 20 billion in 2019. It is projected 
to register a compound annual growth rate of 
around 5% from 2020 to 2026. Its approximate valuation 
by the end of 2026 is expected to reach USD 28 billion.
Segmentation of the Report
 By Type
• AC Drives
• DC Drives
• Servo Drives
 By Power Range
• Low Power Range
• Medium Power Range
• High Power Range
 By Application
• Automotive
• Industrial
• Power Generation
• Infrastructure
• Oil & Gas
• Food & Beverage
• Others
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A new study on the global Variable Frequency Drive Market 
has been published by Research CMFE. It offers detailed 
information on key market dynamics, including drivers, 
Variable trends, and challenges for the global Variable Frequency Drive Market as well as its structure. The study offers 
Frequency valuable information on the global Variable Frequency Drive 
Market to illustrate how the market is expected to expand 
Drive during the forecast period i.e. 2020–2026.
Market Key indicators of market growth, which include value chain 
Summery analysis and Compound Annual Growth Rate (CAGR) have been elucidated in the Variable Frequency Drive Market 
report in a comprehensive manner. This data can help readers 
interpret the quantitative growth aspects of the global 
Variable Frequency Drive Market.
Variable Frequency Drive Market: Key Vendors
• Siemens
• Schneider Electric
• Danfoss
• Rockwell Automation
• Hitachi Group
• Crompton Greaves
• Eaton
• Yaskawa
• Fuji Electric
• General Electric
• WEG
• Nidec Motor Corporation
• TMEIC
• Emerson Electric Co.
• Mitsubishi Electric Corporation
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Major Regions Covered in Report
Regional Overview & Analysis of Variable Frequency Drive Market:
 North America (US and Canada)
 Europe (UK, Germany, France and Rest of Europe)
 Asia Pacific (China, Japan, India and Rest of Asia Pacific)
 Latin America (Brazil, Mexico and Rest of Latin America)
 Middle East & Africa (GCC and Rest of Middle East & Africa)
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Highlights of Variable Frequency Drive Market Report
 Overview of key market forces boosting and restraining market growth
 Up-to-date analyses of market trends and technological improvements
 Pin-point analyses of market competition to offer you a competitive edge
 Major competitors strategies analysis
 SWOT analysis of major industry segments
 Detailed analyses of Variable Frequency Drive Market trends
 An appropriately defined technological growth map with Covid19 impact analysis
 A clear understanding of the competitive landscape and key product segments
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