Global HVACR Variable Frequency Drives Market Growth 2025-2031

The global HVACR Variable Frequency Drives market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

HVACR Variable Frequency Drives (HVACR VFDs) are variable frequency drives used to control and regulate HVACR equipment. They adjust the operating speed and load of the equipment by changing the speed of the motor, thereby optimizing and saving energy consumption.

United States market for HVACR 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 HVACR 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 HVACR 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 HVACR Variable Frequency Drives players cover ABB, WEG, Siemens, Emerson, KSB Belgium, 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 “HVACR Variable Frequency Drives Industry Forecast” looks at past sales and reviews total world HVACR Variable Frequency Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected HVACR Variable Frequency Drives sales for 2025 through 2031. With HVACR 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 HVACR Variable Frequency Drives industry.

This Insight Report provides a comprehensive analysis of the global HVACR 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 HVACR 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 HVACR Variable Frequency Drives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVACR 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 HVACR Variable Frequency Drives.

This report presents a comprehensive overview, market shares, and growth opportunities of HVACR Variable Frequency Drives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single-phase Variable Frequency Drives
Three-phase Variable Frequency Drives

Segmentation by Application:
Energy
Architecture
Data Center
Transportation
Others

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
WEG
Siemens
Emerson
KSB Belgium
Nidec Motor Corporation
Eaton
Danfoss
Schneider Electric
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
Shanghai Ruking Technologies
Johnson Controls
Daikin
Trane

Key Questions Addressed in this Report

What is the 10-year outlook for the global HVACR Variable Frequency Drives market?

What factors are driving HVACR Variable Frequency Drives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HVACR Variable Frequency Drives market opportunities vary by end market size?

How does HVACR Variable Frequency Drives break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.