Industry Reports Services Press Release
  •   Blogs
  • Contact us About us

    Asia Pacific Variable Frequency Drive (VFD) Market Forecast 2027 By Voltage (Low, Medium), By Drive (AC, DC, Servo), By Application (Pump, Fan, Conveyer, Compressor, Extruder), By End Use (Oil & Gas, Power Generation, Mining & Metals, Pulp & Paper, Marine), Research Report, Country Outlook (China, Japan, India, Australia, South Korea), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: January 2022   |   Report ID: GR2049   |   Delivery: PDF  Request Free Sample

    Asia Pacific Variable Frequency Drive Market size is estimated to rise substantially from 2021 to 2027, on account of increasing optimized energy solutions demand along with stringent energy efficiency standards. Variable Frequency Drive (VFD) is used in electro-mechanical units to monitor & control the AC speed and motor torque by variations of motor input frequency and voltage. Increasing electricity capacity addition along with growing infrastructural spending will propel the industry growth.

    COVID-19 has hindered various manufacturing operations across several industries. The variable frequency drive industry has witnessed a decline in product demand owing to supply chain disruptions and declining consumer investments. However, government initiatives with the easing of lockdown protocols to infuse liquidity in the economy have enhanced the industry scenario. Moreover, the growing demand for energy-efficient electrical equipment along with increasing regulatory norms will boost the market demand.

    Asia Pacific Market, By Voltage

    The flourishing real estate sector in line with rising investments toward industrialization and urbanization will augment the medium VFD market. Favorable government measures toward the expansion of Electrical Vehicle (EV) coverage coupled with growing effective EV accessories demand will further stimulate the market trends. In addition, ongoing infrastructural spending combined with increasing technological enhancements will foster the industry outlook.

    Asia Pacific Market, By Drive

    The DC-based variable frequency drive market will show tremendous growth through 2027, due to rising electricity demand and growing consumer disposable income. The ability to provide higher efficiency, cost-effectiveness, operator-friendly, and easy implementation will propel the market revenue. Moreover, accelerating investments in the manufacturing sector including mine winders, printing presses, rolling mills, textile mills, and several more will boost the industry demand.

    Asia Pacific Market, By Application

    The evaporator-based variable frequency drive market in Asia Pacific will grow at a significant CAGR till 2027, owing to minimal voltage fluctuations along with enhanced overall system performance & reduced operational costs. For instance, China has one of the world's highest per capita water consumptions of 430 cubic meters and utilizes evaporates across various industrial processes, thereby driving product adoption. Advanced energy savings followed by a wide range of operations, high efficiency, and smooth speed controls will further stimulate the product penetration.

    Asia Pacific Market, By Country

    The Japan variable frequency drive market will gain remarkable momentum during the forecast timeline, attributed to the growing focus toward infrastructural development accompanied by increased Foreign Direct Investments (FDIs) across the industrial & manufacturing sectors. In addition, proactive government support toward the development of value-addition industries will complement the industry outlook. Moreover, escalating energy prices along with rising preferences for energy-efficient solutions across energy-intensive industries for production costs optimization will positively impact the market size.

    Competitive Industry Landscape

    Prominent industry players include Johnson Controls, Honeywell, ABB, Emerson Electric, Siemens, Schneider Electric, CG Power and Industrial Solutions Limited, Mitsubishi Electric Corporation, Eaton, Fuji Electric, Rockwell Automation, WEG, YASKAWA ELECTRIC CORPORATION, Hiconics Eco-energy Technology, Danfoss, and Hitachi Hi-Rel Power Electronics Private Limited. Continuous research and innovation for design optimization coupled with improved system models will stimulate the industry presence of various players.

    Frequently Asked Question(FAQ) :

    How big is the Asia Pacific variable frequency drive industry?
    The market size for variable frequency drive in the Asia Pacific is expected to substantially rise through 2027 due to the higher demand for optimized energy solutions and the presence of stringent energy efficiency standards.
    What does a variable frequency drive do?
    A Variable Frequency Drive (VFD) is mainly used in electro-mechanical units for monitoring & controlling the AC speed and motor torque by the variations of motor input frequency and voltage.
    Why is the DC-based variable frequency drive segment growing in APAC?
    The demand for DC-based variable frequency drives in the Asia Pacific is likely to generate significant revenue gains through 2027, led by the rising need for electricity and the escalating consumer disposable incomes.
    What is the Japan variable frequency drive industry worth?
    The market for variable frequency drive in Japan is anticipated to garner significant momentum up to 2027 due to the rising focus on infrastructural development and the surging number of Foreign Direct Investments (FDIs) across the industrial & manufacturing sectors.

    Get this research report on Asia Pacific Variable Frequency Drive (VFD) Market customized according to your business requirements.

    report-purchase - logo Buy Now

    Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team


     [email protected]