Frequency Converter Market - Global Outlook and Forecast 2021-2026
FREQUENCY CONVERTER MARKET SIZE TO CROSS USD 25 BILLION BY 2026, GROWING AT A CAGR OF 5% DURING 2020-2026
FREQUENCY CONVERTER MARKET SIZE TO CROSS USD 25 BILLION BY 2026, GROWING AT A CAGR OF 5% DURING 2020-2026
Frequency Converter Market Size, Share, Trends Analysis Report by
Product Type: Static and Rotary
Sales Channel: Direct and Indirect
End-user: Food & Beverage, Aerospace & Defense, HVAC, Pharmaceutical, Marine, Metal & Mining, Chemicals, Oil & Gas, Power Generation, Packaging, Cement, Textile, Water & Wastewater, Paper & Pulp, Rubber & Plastic, Forestry & Woodwork, and Others
Geography: APAC, North America, Europe, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021–2026
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
GLOBAL FREQUENCY CONVERTER MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| MARKET SIZE (REVENUE) | USD 25 Billion (2026) |
| CAGR | 5% (2020–2026) |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Market Segments | Product Type (Static and Rotary); Sales Channel (Direct and Indirect); Power Output (<4 KW, 5-40 KW, 41–200 KW, 201–600 KW, and >600 KW); End-user (Food & Beverage, Aerospace & Defense, HVAC, Pharmaceutical, Marine, Metal & Mining, Chemicals, Oil & Gas, Power Generation, Packaging, Cement, Textile, Water & Wastewater, Paper & Pulp, Rubber & Plastic, Forestry & Woodwork, and Others) |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| Countries Covered | US, Canada, UK, Germany, France, Spain, Italy, China, Japan, Australia, India, South Korea, Brazil, Mexico, Chile, Rest of Latin America, Saudi Arabia, Turkey, and Rest of Middle East & Africa |
FREQUENCY CONVERTER INDUSTRY INSIGHTS
The global frequency converter market size to cross USD 25 billion by 2026, growing at a CAGR of 5% during the period 2020-2026. The APAC region accounted for 37% of the market globally, followed by Europe and North America. The market is expected to grow due to the growth in industrial production, technological advancements, urbanization, and industries' expansion.
Static frequency converters are expected to witness the highest revenue share by product type, driving the market growth. Emerging markets such as APAC and Latin America are expected to witness the highest growth during the forecast period due to or increased investments by developed countries, favorable government policies, and FDIs, and shifting focus toward domestic manufacturing. Automation, robotization, energy conservation, and decarbonization trends are expected to boost frequency converters' demand. The competition is likely to intensify due to mergers and acquisitions. Large vendors will acquire small and medium-sized vendors to enhance their market presence and expand their product portfolios.
GLOBAL FREQUENCY CONVERTER MARKET TRENDS
- The increased industrial application of frequency converters is a key factor driving the growth of the market.
- The increasing demand for efficient electrical equipment and advanced equipment in developing countries is likely to accelerate the global frequency converters market's growth.
- The development of high-speed rails that require frequency converters to control the speed of engines, pumps, and fans is acting as a catalyst for the market's growth.
- The increasing trend of offshore wind power generation is significantly increasing the demand for frequency converters.
- The advent of IIoT is expected to fuel the demand for frequency converters from several end-user industries.
DEMAND INSIGHTS
- The demand for frequency converters is expected to increase due to the industrial expansion and investments by private and public players in the industrial sector across the globe.
- The advent of IoT will fuel the demand for frequency converters from several end-user industries.
- The development of high-speed rails that require frequency converters to control the speed of engines, pumps, and fans are further catalyzing the growth of the market.
- About 1,500 additional businesses in the US have been involved in the manufacturing of extremely demanding frequency converters used in the pharmaceutical sector. The rapid expansion of pharmaceutical facilities worldwide due to COVID-19 is further expected to drive the market growth during the forecast period.
GLOBAL FREQUENCY CONVERTER MARKET SHARE & SEGMENTATION
This research report includes a detailed segmentation by
- Product Type
- Sales Channel
- End-user
- Geography
INSIGHTS BY PRODUCT TYPE
- Static frequency converters are likely to grow at a CAGR of over 5% due to high-frequency stability and output voltage. These devices deliver the required power under fixed conditions in manufacturing units and commercial applications, which are increasing their demand. Static frequency converter system operates with up to 94.5% efficiency.
- Rotary frequency converters (RFC), on the other hand, are observing high application in several end-user segments, including aerospace & defense, rail & hydro facilities, sensitive electronics lab and research centers, process automation, and manufacturing lines. They are highly reliable and can produce high starting surge current for short periods, making them ideal for motor loads. However, they require regular maintenance and have a conversion efficiency of less than 85%.
INSIGHTS BY SALES CHANNEL
- Direct sales of frequency converters are expected to reach over USD 22 billion by 2026. Strategic partnerships between vendors and OEMs and vendors and system integrators reduce operational costs. The new entrants in the market are expected to rely on indirect sales channels. This is expected to decrease the usage of direct sales channels.
- Indirect sale channels include third-party purchases through distributors and dealers. A lack of awareness of brands, variety, and price factors drive customers to opt for indirect sales channels.
INSIGHTS BY END-USER
The metal & mining industry generated the highest demand for frequency converters owing to the expansion of mining activities in China, Australia, Brazil, India, the US, and the Middle East. Pumps, conveyors, compressors, fans, and positioning & synchronizations are the major applications of frequency converters in the food and beverage industry. The F&B segment holds the second largest frequency converter market share and is expected to reach USD 3.15 billion by 2026. The usage of frequency converters is high in the aerospace and defense industry due to the constant use of power electronics. Owing to less downtime, reduced costs, and the long lifespan of assets, the application of frequency converters is increasing.
INSIGHTS BY GEOGRAPHY
APAC accounts for the highest share in the global frequency converter market and is expected to grow significantly during the forecast period. China is expected to lead the Asia Pacific frequency converter market share and is likely to account for approx. USD 3 billion by 2026. The increasing number of investments in fully automated industrial machinery, government spending toward defense aircraft and equipment, rapid urbanization, and increased industrialization in APAC are the major factors driving the region's demand for frequency converters. However, the outbreak of the COVID-19 pandemic has decreased the growth in China from 6% in 2019 to 1.00%-1.50% by the end of 2020. The production in China's chemical manufacturing units declined by over 15%–20% in 2020, which negatively affected the demand for frequency converter from the chemical & petrochemical industry.
INSIGHTS BY VENDORS
ABB, Aplab, Bosch, Danfoss, and Siemens are the key players in the market. Innovations in technology, product lines, marketing strategies, and sales networks are the crucial attributes through which vendors are to be identified and selected. The entry of large companies into the market poses a significant threat to domestic vendors. Moreover, acquiring technology and commercial distribution is becoming increasingly important for vendors. Changes in local governments' economic policies, laws, and regulations, could have an adverse effect on vendors financial stability.
The global frequency converter market research report includes in-depth coverage of the industry analysis with revenue, competitive landscape, and forecast insights for the following segments:
Product Type
- Static
- Rotary
Sales Channel
- Direct
- Indirect
Power Output
- 5-40 KW
- 41–200 KW
- 201–600 KW
- >600 KW
End-user
- Food & Beverage
- Aerospace & Defense
- HVAC
- Pharmaceutical
- Marine
- Metal & Mining
- Chemicals
- Oil & Gas
- Power Generation
- Packaging
- Cement
- Textile
- Water & Wastewater
- Paper & Pulp
- Rubber & Plastic
- Forestry & Woodwork
- Others
Geography
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Brazil
- Mexico
- Chile
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Rest of Middle East
SNAPSHOT
The global frequency converter market by revenue is expected to grow at a CAGR of 5% during 2020–2026.
The following factors are likely to contribute to the growth of the frequency converter market during the forecast period:
- The rise in Offshore Wind Electricity Generation Capacity
- High Demand for Automotive Applications
- Development of High-Speed Rails
- Increasing Demand for Water and Wastewater Treatment Plants
Base Year: 2020
Forecast Year: 2021–2026
The study considers the frequency converter market's present scenario and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
- ABB
- Business Overview
- Product Offerings
- Key Strengths
- Key Strategies
- Key Opportunities
- Aplab
- Bosch
- Danfoss
- Siemens
Other Prominent Vendors
- Avish Aviation Equipment
- Business Overview
- Product Offerings
- Aelco
- Avionic Instruments
- Georator
- Jema
- KGS Electronics
- Magnus Power
- MAK Controls
- Nova Electric
- NR Electric
- Piller
- Power System & Control
- Sinepower
- Sojitech
- Westek Electronics
Product Type
- Static
- Rotary
Sales Channel
- Direct
- Indirect
Power Output
- 5-40 KW
- 41–200 KW
- 201–600 KW
- >600 KW
End-user
- Food & Beverage
- Aerospace & Defense
- HVAC
- Pharmaceutical
- Marine
- Metal & Mining
- Chemicals
- Oil & Gas
- Power Generation
- Packaging
- Cement
- Textile
- Water & Wastewater
- Paper & Pulp
- Rubber & Plastic
- Forestry & Woodwork
- Others
Geography
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Brazil
- Mexico
- Chile
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Rest of Middle East
Frequently Asked Questions
How big is the global Frequency Converter Market?
What has been the impact of COVID-19 on the global frequency converter market?
What are market opportunities and trends enabling the frequency converter market growth?
Which end-user segments are likely to generate the largest revenue during the forecast period?
What is the growth of the APAC frequency converter market during the forecast period?
List of Exhibits
Exhibit 1 Segmentation of Global Frequency Converters Market
Exhibit 2 Market Size Calculation Approach 2020
Exhibit 3 Strategic Vendor insights
Exhibit 4 Impact of Rise in Offshore Wind Electricity Generation Capacity
Exhibit 5 Global Total Installed Cost of Offshore Wind Capacities 2015–2019 (USD/KW)
Exhibit 6 Installed Offshore Capacities Globally 2015–2019 (MW)
Exhibit 7 Impact of Increased Demand from Automotive Industry
Exhibit 8 Impact of Development of High-speed Rails
Exhibit 9 High-Speed Rail Network by Geography (km)
Exhibit 10 Impact of Increasing Infrastructural Growth in Middle East
Exhibit 11 Ongoing Infrastructure Projects in UAE 2020
Exhibit 12 Impact of Low Operational Cost
Exhibit 13 Impact of Increasing Demand for Water & Wastewater Treatment Plants
Exhibit 14 Water & Wastewater Industry Revenue by Region ($ billion)
Exhibit 15 Impact of Increasing Trade Hostilities between US and China
Exhibit 16 Impact of Disruptions in Construction Sector due to COVID-19
Exhibit 17 Impact of Volatility in Oil & Gas Industry
Exhibit 18 Global Oil Demand 2015−2020 (mb/d)
Exhibit 19 Incremental Growth by Key Geographies ($ billion)
Exhibit 20 Revenue Share by Geography 2020 & 2026 (%)
Exhibit 21 Growth Strategies for Vendors in Frequency Converter Market
Exhibit 22 Applications of Single Phase Frequency Converters
Exhibit 23 Global Frequency Converter Market 2020–2026 ($ billion)
Exhibit 24 Five Forces Analysis 2020
Exhibit 25 Incremental Growth by Product 2020 & 2026
Exhibit 26 Market Share by Product Type 2020 & 2026
Exhibit 27 Static Frequency Converter Applications
Exhibit 28 Global Static Frequency Converter Market 2020–2026 ($ billion)
Exhibit 29 Applications of Rotary Frequency Converters
Exhibit 30 Global Rotary Frequency Converter Market 2020–2026 ($ billion)
Exhibit 31 Incremental Growth by Sales Channel 2020 & 2026
Exhibit 32 Global Frequency Converter Market by Sales Channel
Exhibit 33 Global Direct Sales Frequency Converter Market 2020–2026 ($ billion)
Exhibit 34 Global Indirect Sales Frequency Converter Market 2020–2026 ($ billion)
Exhibit 35 Incremental Growth by Power Output 2020 & 2026
Exhibit 36 Global Frequency Converter Market Share by Power Output (%)
Exhibit 37 Global 5–40 kW Frequency Converter Market 2020–2026 ($ billion)
Exhibit 38 Market Statistics for 5–40 kW Frequency Converters
Exhibit 39 Global
Exhibit 40 Market Statistics for
Exhibit 41 Global 41–200 kW Frequency Converter Market 2020–2026 ($ billion)
Exhibit 42 Market Statistics for 41–200 kW Frequency Converters
Exhibit 43 Global 201–600 kW Frequency Converter Market 2020–2026 ($ billion)
Exhibit 44 Market Statistics for 201–600 kW Frequency Converters
Exhibit 45 Global >600 kW Frequency Converter Market 2020–2026 ($ billion)
Exhibit 46 Market Statistics for >600 kW Frequency Converters
Exhibit 47 Incremental Growth by End-user 2020 & 2026
Exhibit 48 Key Highlights of Metal & Mining Industry 2020
Exhibit 49 Factors Influencing Use of Frequency Converters in Metal & Mining Industry
Exhibit 50 Global Frequency Converter Market by Metal & Mining Segment 2020–2026 ($ billion)
Exhibit 51 Global Frequency Converter Market by F&B Segment 2020–2026 ($ billion)
Exhibit 52 Global Frequency Converter Market by Aerospace & Defense Segment 2020–2026 ($ billion)
Exhibit 53 Global Frequency Converter Market by Marine Segment 2020–2026 ($ billion)
Exhibit 54 Changing Trends
Exhibit 55 Global Frequency Converters Market by HVAC Segment 2020–2026 ($ billion)
Exhibit 56 Growth Rate of Global Pumps Market in Chemical Industry (CAGR)
Exhibit 57 Global Frequency Converter Market by Chemical Segment 2020–2026 ($ billion)
Exhibit 58 Key Insights of Oil & Gas Market
Exhibit 59 Global Frequency Converter Market by Oil & Gas Segment 2020–2026 ($ billion)
Exhibit 60 Global Frequency Converter Market by Water & Wastewater Segment 2020–2026 ($ billion)
Exhibit 61 Market Landscape of Water & Wastewater Industry
Exhibit 62 Global Frequency Converter Market by Pharmaceutical Segment 2020–2026 ($ billion)
Exhibit 63 Use of Frequency Converters in Power Generation Industry
Exhibit 64 Global Frequency Converter Market by Power Generation Segment 2020–2026 ($ billion)
Exhibit 65 Global Consumer Power Consumption FY 2018 (TWH – Terawatt Hour)
Exhibit 66 Packaging Industry: Key Insights
Exhibit 67 Global Frequency Converter Market by Packaging Segment 2020–2026 ($ billion)
Exhibit 68 Key Insights
Exhibit 69 Global Frequency Converter Market by Textile Segment 2020–2026 ($ billion)
Exhibit 70 Cement Production & Consumption Outlook
Exhibit 71 Global Frequency Converter Market by Cement Segment 2020–2026 ($ billion)
Exhibit 72 Market Statistics
Exhibit 73 Global Frequency Converter Market by Paper & Pulp Segment 2020–2026 ($ billion)
Exhibit 74 Global Frequency Converter Market by Rubber & Plastic Segment 2020–2026 ($ billion)
Exhibit 75 Insights of Forestry & Woodwork Industry
Exhibit 76 Global Frequency Converter Market by Forestry & Woodwork Segment 2020–2026 ($ billion)
Exhibit 77 Global Frequency Converter Market by Other End-user Segment 2020–2026 ($ billion)
Exhibit 78 Incremental Growth by Geography 2020 & 2026
Exhibit 79 Regional Market Share in 2020 (%)
Exhibit 80 APAC Frequency Converter Market 2020–2026 ($ billion)
Exhibit 81 Incremental Growth in APAC 2020 & 2026
Exhibit 82 Frequency Converter Market in China 2020–2026 ($ billion)
Exhibit 83 Number of Establishments of Major End-users in Japan (2020)
Exhibit 84 Frequency Converter Market in Japan 2020–2026 ($ billion)
Exhibit 85 Frequency Converter Market in India 2020–2026 ($ billion)
Exhibit 86 Key Highlights
Exhibit 87 Frequency Converter Market in South Korea 2020–2026 ($ billion)
Exhibit 88 Frequency Converter Market in Australia 2020–2026 ($ billion)
Exhibit 89 Europe Frequency Converter Market 2020–2026 ($ billion)
Exhibit 90 Incremental Growth in Europe 2020 & 2026
Exhibit 91 Value Added by Germany’s Manufacturing Industry (% of GDP)
Exhibit 92 Frequency Converter Market in Germany 2020–2026 ($ billion)
Exhibit 93 Key Insights
Exhibit 94 Frequency Converter Market in Italy 2020–2026 ($ billion)
Exhibit 95 Industrial Production by Annual Variation (%)
Exhibit 96 Frequency Converter Market in France 2020–2026 ($ billion)
Exhibit 97 Frequency Converter Market in Spain 2020–2026 ($ billion)
Exhibit 98 Frequency Converter Market in the UK 2020–2026 ($ billion)
Exhibit 99 Frequency Converter Market in North America 2020–2026 ($ billion)
Exhibit 100 Incremental Growth in North America 2020 & 2026
Exhibit 101 Frequency Converter Market in US 2020–2026 ($ million)
Exhibit 102 Frequency Converter Market in Canada 2020–2026 ($ million)
Exhibit 103 Latin America Frequency Converter Market 2020–2026 ($ billion)
Exhibit 104 Incremental Growth in Latin America 2020 & 2026
Exhibit 105 Key Export Insights
Exhibit 106 Frequency Converter Market in Mexico 2020–2026 ($ million)
Exhibit 107 Frequency Converter Market in Brazil 2020–2026 ($ million)
Exhibit 108 Frequency Converter Market in Chile 2020–2026 ($ million)
Exhibit 109 Frequency Converter Market in Rest of Latin America 2020–2026 ($ million)
Exhibit 110 Middle East & Africa Frequency Converter Market 2020–2026 ($ million)
Exhibit 111 Incremental Growth in Middle East & Africa 2020 & 2026
Exhibit 112 Frequency Converter Market in Saudi Arabia 2020–2026 ($ million)
Exhibit 113 Frequency Converter Market in Turkey 2020–2026 ($ million)
Exhibit 114 Frequency Converter Market in Rest of Middle East & Africa 2020–2026 ($ million)
Exhibit 115 Competitive Scenario
Exhibit 116 Europe Frequency Converter Market by End-user 2020–2026 ($ million)
Exhibit 117 Europe Frequency Converter Market by End-user 2020–2026 (% Share)
Exhibit 118 North America Frequency Converter Market by End-user 2020–2026 ($ million)
Exhibit 119 North America Frequency Converter Market by End-user 2020–2026 (% Share)
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2020
Table 3 Difference Between Rotary & Static Frequency Converters
Table 4 Global Direct Sales Frequency Converter Market by Geography 2020–2026 ($ billion)
Table 5 Global Indirect Sales Frequency Converter Market by Geography 2020–2026 ($ million)
Table 6 Metal & Mining Segment by Geography 2020–2026 ($ million)
Table 7 F&B Segment by Geography 2020–2026 ($ million)
Table 8 Aerospace & Defense Market by Geography 2020–2026 ($ million)
Table 9 Marine Market by Geography 2020–2026 ($ billion)
Table 10 HVAC Market by Geography 2020–2026 ($ billion)
Table 11 Chemical Market by Geography 2020–2026 ($ million)
Table 12 Oil & Gas Market by Geography 2020–2026 ($ million)
Table 13 Water & Wastewater Market by Geography 2020–2026 ($ million)
Table 14 Pharmaceutical Market by Geography 2020–2026 ($ billion)
Table 15 Power Market by Geography 2020–2026 ($ million)
Table 16 Packaging Market by Geography 2020–2026 ($ million)
Table 17 Textile Market by Geography 2020–2026 ($ million)
Table 18 Cement Market by Geography 2020–2026 ($ million)
Table 19 Paper & Pulp Market by Geography 2020–2026 ($ million)
Table 20 Rubber & Plastic Market by Geography 2020–2026 ($ million)
Table 21 Forestry & Woodwork Market by Geography 2020–2026 ($ million)
Table 22 Other End-user Market by Geography 2020–2026 ($ million)
Table 23 APAC Frequency Converter Market by End-user 2020–2026 ($ million)
Table 24 APAC Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 25 Major Challenges Faced by Industries in India
Table 26 Europe Frequency Converter Market by End-user 2020–2026 ($ million)
Table 27 Europe Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 28 North America Frequency Converter Market by End-user 2020–2026 ($ million)
Table 29 North America Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 30 Latin America Frequency Converter Market by Sales Channel 2020–2026 ($ million)
Table 31 Latin America Frequency Converter Market by End-user 2020–2026 ($ million)
Table 32 Middle East & Africa Frequency Converter Market by Sales Channel 2020–2026 ($ million)
Table 33 Middle East & Africa Frequency Converter Market by End-user 2020–2026 ($ million)
Table 34 ABB: Major Product Offerings
Table 35 Aplab: Major Product Offerings
Table 36 Bosch: Major Product Offerings
Table 37 Danfoss: Major Product Offerings
Table 38 Siemens: Major Product Offerings
Table 39 Avish Aviation Equipment: Major Product Offerings
Table 40 Aelco: Major Product Offerings
Table 41 Avionic Instruments: Major Product Offerings
Table 42 Georator: Major Product Offerings
Table 43 Jema: Major Product Offerings
Table 44 KGS Electronics: Major Product Offerings
Table 45 Magnus Power: Major Product Offerings
Table 46 MAK Controls and Systems: Major Product Offerings
Table 47 Nova Electric: Major Product Offerings
Table 48 NR Electric: Major Product Offerings
Table 49 Piller: Major Product Offerings
Table 50 Power System & Control: Major Product Offerings
Table 51 Sinepower: Major Product Offerings
Table 52 Sojitech: Major Product Offerings
Table 53 Westek Electronics: Major Product Offerings
Table 54 Global Frequency Converter Market by Geography 2020–2026 ($ billion)
Table 55 Global Frequency Converter Market by Geography 2020–2026 (% Share)
Table 56 Global Frequency Converter Market by Product 2020–2026 ($ billion)
Table 57 Global Frequency Converter Market by Product 2020–2026 (% Share)
Table 58 Global Frequency Converter Market by Power Output 2020–2026 ($ billion)
Table 59 Global Frequency Converter Market by Power Output 2020–2026 (% Share)
Table 60 Global Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 61 Global Frequency Converter Market by Sales Channel 2020–2026 (% Share)
Table 62 Global Frequency Converter Market by End-user 2020–2026 ($ billion)
Table 63 Global Frequency Converter Market by End-user 2020–2026 (% Share)
Table 64 APAC Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 65 APAC Frequency Converter Market by Sales Channel 2020–2026 (% share)
Table 66 APAC Frequency Converter Market by End-user 2020–2026 ($ million)
Table 67 APAC Frequency Converter Market by End-user 2020–2026 (% Share)
Table 68 Europe Frequency Converter Market by Sales Channel 2020–2026 ($ billion)
Table 69 Europe Frequency Converter Market by Sales Channel 2020–2026 (% Share)
Table 70 North America Frequency Converter Market by Sales Channel 2020–2026 ($ million)
Table 71 North America Frequency Converter Market by Sales Channel 2020–2026 (% Share)
Table 72 Latin America Frequency Converter Market by Sales Channel 2020–2026 ($ million)
Table 73 Latin America Frequency Converter Market by Sales Channel 2020–2026 (% Share)
Table 74 Latin America Frequency Converter Market by End-user 2020–2026 ($ million)
Table 75 Latin America Frequency Converter Market by End-user 2020–2026 ($ million)
Table 76 Middle East & Africa Frequency Converter Market by Sales Channel 2020–2026 ($ million)
Table 77 Middle East & Africa Frequency Converter Market by Sales Channel 2020–2026 (% Share)
Table 78 Middle East & Africa Frequency Converter Market by End-user 2020–2026 ($ million)
Table 79 Middle East & Africa Frequency Converter Market by End-user 2020–2026 (% Share)
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope Of The Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Sales Channel
4.3.3 Market Segmentation by Power Output
4.3.4 Market Segmentation by End-user
4.3.5 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.1 Currency Conversion
5.2 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Key Sectors
7.1.2 Industry Outlook
7.1.3 Market Trends
7.1.4 Overall Economic Conditions
7.2 RISK & CHALLENGE ANALYSIS
7.2.1 Lack of Regulations on Use of Inefficient Motors & Frequency Converters
7.2.2 Reduced Activities in Metal & Mining and Oil & Gas Industry
7.3 Impact Of COVID-19
7.3.1 Key Insights
8 Market Opportunities & Trends
8.1 Rise in Offshore Wind Electricity Generation Capacity
8.2 Increased Demand from Automotive Industry
8.3 Development of High-Speed Rails
9 Market Growth Enablers
9.1 Increasing Infrastructural Growth in Middle East
9.2 Low Operational Cost
9.3 Increasing Demand for Water & Wastewater Treatment Plants
10 Market Restraints
10.1 Increasing Trade Hostilities Between US And China
10.2 Disruptions In Construction Sector Due to COVID-19
10.3 Volatility in Oil & Gas Industry
11 Market Landscape
11.1 Market Overview
11.1.1 Key Insights
11.1.2 Frequency Converters by Phase Type
11.1.3 Demand Insights
11.1.4 Geographic Scenario
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry
12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Static
12.3.1 Market Size & Forecast
12.4 Rotary
12.4.1 Market Size & Forecast
13 Sales Channel
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Direct
13.3.1 Market Size & Forecast
13.3.2 Market By Geography
13.4 Indirect
13.4.1 Market Size & Forecast
13.4.2 Market by Geography
14 Power Output
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 5–40 kW
14.3.1 Market Size & Forecast
14.4
14.4.1 Market Size & Forecast
14.5 41–200 KW
14.5.1 Market Size & Forecast
14.6 201–600 KW
14.6.1 Market Size & Forecast
14.7 >600 KW
14.7.1 Market Size & Forecast
15 End-User
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Metal & Mining
15.3.1 Market Size & Forecast
15.3.2 COVID-19 Impact
15.3.3 Market by Geography
15.4 F&B
15.4.1 Market Size & Forecast
15.4.2 COVID-19 Impact on F&B Industry
15.4.3 Market by Geography
15.5 Aerospace & Defence
15.5.1 Market Size & Forecast
15.5.2 Market By Geography
15.6 Marine
15.6.1 Market Size & Forecast
15.6.2 Market By Geography
15.7 HVAC
15.7.1 Market Size & Forecast
15.7.2 COVID-19 Impact
15.7.3 Market by Geography
15.8 CHEMICALS
15.8.1 Market Size & Forecast
15.8.2 COVID-19 Impact
15.8.3 Market by Geography
15.9 Oil & Gas
15.9.1 Market Size & Forecast
15.9.2 COVID-19 Impact
15.9.3 Market by Geography
15.10 Water & Wastewater Industry
15.10.1 Market Size & Forecast
15.10.2 COVID-19 Impact
15.10.3 Market by Geography
15.11 Pharmaceutical
15.11.1 Market Size & Forecast
15.11.2 COVID-19 Impact
15.11.3 Market by Geography
15.12 Power Generation
15.12.1 Market Size & Forecast
15.12.2 COVID-19 Impact
15.12.3 Market by Geography
15.13 Packaging
15.13.1 Market Size & Forecast
15.13.2 COVID-19 Impact
15.13.3 Market by Geography
15.14 Textile
15.14.1 Market Size & Forecast
15.14.2 Market By Geography
15.15 Cement
15.15.1 Market Size & Forecast
15.15.2 COVID-19 Impact
15.15.3 Market by Geography
15.16 Paper & Pulp
15.16.1 Market Size & Forecast
15.16.2 COVID-19 Impact
15.16.3 Market by Geography
15.17 Rubber & Plastic
15.17.1 Market Size & Forecast
15.17.2 Market by Geography
15.18 Forestry & Woodwork
15.18.1 Market Size & Forecast
15.18.2 Market by Geography
15.19 Other Industries
15.19.1 Market Size & Forecast
15.19.2 Market by Geography
16 Geography
16.1 Market Snapshot & Growth Engine
16.2 Geographic Overview
17 APAC
17.1 Market Overview
17.1.1 Impact of COVID-19
17.2 Market Size & Forecast
17.3 End-User
17.3.1 Market Size & Forecast
17.4 Sales Channel
17.4.1 Market Size & Forecast
17.5 Key Countries
17.5.1 China: Market Size & Forecast
17.5.2 Japan: Market Size & Forecast
17.5.3 India: Market Size & Forecast
17.5.4 South Korea: Market Size & Forecast
17.5.5 Australia: Market Size & Forecast
18 Europe
18.1 Market Overview
18.1.1 Impact of COVID-19 in Europe
18.1.2 Key Insights
18.2 Market Size & Forecast
18.3 END-USER
18.3.1 Market Size & Forecast
18.4 Sales Channel
18.4.1 Market Size & Forecast
18.5 Key Countries
18.5.1 Germany: Market Size & Forecast
18.5.2 Italy: Market Size & Forecast
18.5.3 France: Market Size & Forecast
18.5.4 Spain: Market Size & Forecast
18.5.5 UK: Market Size & Forecast
19 North America
19.1 Market Overview
19.1.1 Industry Performance
19.2 Market Size & Forecast
19.3 End-User
19.3.1 Market Size & Forecast
19.4 Sales Channel
19.4.1 Market Size & Forecast
19.5 Key Countries
19.5.1 US: Market Size & Forecast
19.5.2 Canada: Market Size & Forecast
20 Latin America
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Sales Channel
20.3.1 Market Size & Forecast
20.4 End-User
20.4.1 Market Size & Forecast
20.5 Key Countries
20.5.1 Mexico: Market Size & Forecast
20.5.2 Brazil: Market Size & Forecast
20.5.3 Chile: Market Size & Forecast
20.5.4 Rest of Latin America: Market Size & Forecast
21 Middle East & Africa
21.1 Market Overview
21.2 Market Size & Forecast
21.3 Sales Channel
21.3.1 Market Size & Forecast
21.4 End-User
21.4.1 Market Size & Forecast
21.5 Key Countries
21.5.1 Saudi Arabia: Market Size & Forecast
21.5.2 Turkey: Market Size & Forecast
21.5.3 Rest of Middle East & Africa: Market Size & Forecast
22 Competitive Landscape
22.1 Competition Overview
23 Key Company Profiles
23.1 ABB
23.1.1 Business Overview
23.1.2 Product Offerings
23.1.3 Key Strategies
23.1.4 Key Strengths
23.1.5 Key Opportunities
23.2 APLAB
23.2.1 Business Overview
23.2.2 Product Offerings
23.2.3 Key Strategies
23.2.4 Key Strengths
23.2.5 Key Opportunities
23.3 BOSCH
23.3.1 Business Overview
23.3.2 Product Offerings
23.3.3 Key Strategies
23.3.4 Key Strengths
23.3.5 Key Opportunities
23.4 DANFOSS
23.4.1 Business Overview
23.4.2 Product Offerings
23.4.3 Key Strategies
23.4.4 Key Strengths
23.4.5 Key Opportunities
23.5 SIEMENS
23.5.1 Business Overview
23.5.2 Product Offerings
23.5.3 Key Strategies
23.5.4 Key Strengths
23.5.5 Key Opportunities
24 Other Prominent Vendors
24.1 Avish Aviation Equipment
24.1.1 Business Overview
24.1.2 Product Offerings
24.2 AELCO
24.2.1 Business Overview
24.2.2 Product Offerings
24.3 Avionic Instruments
24.3.1 Business Overview
24.3.2 Product Offerings
24.4 Georator
24.4.1 Business Overview
24.4.2 Product Offerings
24.5 JEMA
24.5.1 Business Overview
24.5.2 Product Offerings
24.6 KGS ELECTRONICS
24.6.1 Business Overview
24.6.2 Product Offerings
24.7 MAGNUS POWER
24.7.1 Business Overview
24.7.2 Product Offerings
24.8 MAK CONTROLS AND SYSTEMS
24.8.1 Business Overview
24.8.2 Product Offerings
24.9 NOVA ELECTRIC
24.9.1 Business Overview
24.9.2 Product Offerings
24.10 NR ELECTRIC
24.10.1 Business Overview
24.10.2 Product Offerings
24.11 PILLER
24.11.1 Business Overview
24.11.2 Product Offerings
24.12 Power System & Control
24.12.1 Business Overview
24.12.2 Product Offerings
24.13 Sinepower
24.13.1 Business Overview
24.13.2 Product Offerings
24.14 Sojitech
24.14.1 Business Overview
24.14.2 Product Offerings
24.15 Westek Electronics
24.15.1 Business Overview
24.15.2 Product Offerings
25 Report Summary
25.1 Key Takeaways
25.2 Strategic Recommendations
26 Quantitative Summary
26.1 Market by Geography
26.2 Product
26.2.1 Market Size & Forecast
26.3 Power Output
26.3.1 Market Size & Forecast
26.4 Sales Channel
26.4.1 Market Size & Forecast
26.5 End-User
26.5.1 Market Size & Forecast
27 APAC
27.1 Sales Channel
27.1.1 Market Size & Forecast
27.2 End-User
27.2.1 Market Size & Forecast
28 EUROPE
28.1 Sales Channel
28.1.1 Market Size & Forecast
28.2 End-Users
28.2.1 Market Size & Forecast
29 North America
29.1 Sales Channel
29.1.1 Market Size & Forecast
29.2 End-Users
29.2.1 Market Size & Forecast
30 Latin America
30.1 Sales Channel
30.1.1 Market Size & Forecast
30.2 End-Users
30.2.1 Market Size & Forecast
31 Middle East & Africa
31.1 Sales Channel
31.1.1 Market Size & Forecast
31.2 End-Users
31.2.1 Market Size & Forecast
32 Appendix
32.1 Abbreviations
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