Global General Purpose Variable Frequency Drives Market Growth 2025-2031
Description
The global General Purpose Variable Frequency Drives market size is predicted to grow from US$ 17710 million in 2025 to US$ 23140 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
General Purpose Variable Frequency Drives (VFDs) are electronic devices used to control the speed and torque of electric motors—primarily AC induction motors—by varying the frequency and voltage of the power supplied to them.
United States market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key General Purpose Variable Frequency Drives players cover ABB, Schneider Electric, Eaton, OMRON, General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “General Purpose Variable Frequency Drives Industry Forecast” looks at past sales and reviews total world General Purpose Variable Frequency Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected General Purpose Variable Frequency Drives sales for 2025 through 2031. With General Purpose Variable Frequency Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General Purpose Variable Frequency Drives industry.
This Insight Report provides a comprehensive analysis of the global General Purpose Variable Frequency Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on General Purpose Variable Frequency Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global General Purpose Variable Frequency Drives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General Purpose Variable Frequency Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global General Purpose Variable Frequency Drives.
This report presents a comprehensive overview, market shares, and growth opportunities of General Purpose Variable Frequency Drives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Voltage-Source Inverter Drives
Current-Source Inverter Drives
Direct Torque Control Drives
Segmentation by Application:
Oil & Gas
Power
Mining
Metallurgical Industry
Construction
Municipal
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
Eaton
OMRON
General Electric
Emerson Electric
lnfineon Technologies
Nidec
Renesas Electronics
Danfoss
Siemens
Rockwell Automation
Fuji Electric
Yaskawa Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global General Purpose Variable Frequency Drives market?
What factors are driving General Purpose Variable Frequency Drives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do General Purpose Variable Frequency Drives market opportunities vary by end market size?
How does General Purpose Variable Frequency Drives break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
General Purpose Variable Frequency Drives (VFDs) are electronic devices used to control the speed and torque of electric motors—primarily AC induction motors—by varying the frequency and voltage of the power supplied to them.
United States market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for General Purpose Variable Frequency Drives is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key General Purpose Variable Frequency Drives players cover ABB, Schneider Electric, Eaton, OMRON, General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “General Purpose Variable Frequency Drives Industry Forecast” looks at past sales and reviews total world General Purpose Variable Frequency Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected General Purpose Variable Frequency Drives sales for 2025 through 2031. With General Purpose Variable Frequency Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General Purpose Variable Frequency Drives industry.
This Insight Report provides a comprehensive analysis of the global General Purpose Variable Frequency Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on General Purpose Variable Frequency Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global General Purpose Variable Frequency Drives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General Purpose Variable Frequency Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global General Purpose Variable Frequency Drives.
This report presents a comprehensive overview, market shares, and growth opportunities of General Purpose Variable Frequency Drives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Voltage-Source Inverter Drives
Current-Source Inverter Drives
Direct Torque Control Drives
Segmentation by Application:
Oil & Gas
Power
Mining
Metallurgical Industry
Construction
Municipal
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
Schneider Electric
Eaton
OMRON
General Electric
Emerson Electric
lnfineon Technologies
Nidec
Renesas Electronics
Danfoss
Siemens
Rockwell Automation
Fuji Electric
Yaskawa Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global General Purpose Variable Frequency Drives market?
What factors are driving General Purpose Variable Frequency Drives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do General Purpose Variable Frequency Drives market opportunities vary by end market size?
How does General Purpose Variable Frequency Drives break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
119 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for CAB Pigment Chips by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for CAB Pigment Chips by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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