Variable Frequency Drive (VFD) is a type of adjustable-speed drive used in electro-mechanical drive systems to control AC motor speed and torque by varying motor input frequency and voltage.
This report contains market size and forecasts of Marine Variable Frequency Drive (VFD) in global, including the following market information:
Global Marine Variable Frequency Drive (VFD) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Variable Frequency Drive (VFD) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Marine Variable Frequency Drive (VFD) companies in 2021 (%)
The global Marine Variable Frequency Drive (VFD) market was valued at 861.9 million in 2021 and is projected to reach US$ 1201.6 million by 2028, at a CAGR of 4.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC Drive Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Variable Frequency Drive (VFD) include Danfoss, ABB, Rockwell Automation, Siemens, CG Power and IndUStrial Solutions, Mitsubishi Electric, WEG, Invertek Drives and Eaton, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Variable Frequency Drive (VFD) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Variable Frequency Drive (VFD) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Variable Frequency Drive (VFD) Market Segment Percentages, by Type, 2021 (%)
AC Drive
DC Drive
Global Marine Variable Frequency Drive (VFD) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Variable Frequency Drive (VFD) Market Segment Percentages, by Application, 2021 (%)
Marine Pump
Marine Fan
Marine Compressor
Marine Propulsion/Thruster
Marine Crane & Hoist
Global Marine Variable Frequency Drive (VFD) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Variable Frequency Drive (VFD) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Variable Frequency Drive (VFD) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Variable Frequency Drive (VFD) revenues share in global market, 2021 (%)
Key companies Marine Variable Frequency Drive (VFD) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Marine Variable Frequency Drive (VFD) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Danfoss
ABB
Rockwell Automation
Siemens
CG Power and IndUStrial Solutions
Mitsubishi Electric
WEG
Invertek Drives
Eaton
GE
Yaskawa
Parker Hannifin
Beard Marine Group