Global Frequency Converter Market By End-User, By Type : Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global frequency converter market was valued at $22.3 billion in 2021, and is projected to reach $39.7 billion by 2031, growing at a CAGR of 6% from 2022 to 2031.

Frequency converters are devices that convert alternating current (AC) of one frequency to AC of another frequency. Frequency converters are used to manipulate the speed of a pump & fans. Furthermore, these converters can minimize the electrical as well as mechanical stress. Frequency converter plays a vital role, in extending the component life of the motors, pumps and others equipment. Frequency converters used in the industries are analyzed on the basis of types such as static and rotary frequency converters. Frequency converters are common power conversion devices used by many different industries including aviation, defense, power & energy, shipping, oil & gas and others.

Rise in demand for electrical equipment & devices owing to rapid urbanization and industrialization is expected to drive the growth of the market during the forecast period. In addition, increase in replacement of aged power grid infrastructure across North America, Europe, and Asia-Pacific is anticipated to fuel the growth of the market during the analyzed time frame. However, rise in cost of raw materials used in the production of frequency converters is projected to hamper the growth of the market in the coming years. On the contrary, rise in investment in aerospace & defense sector toward strengthening the national security, rapid growth of renewable energy sector and others is anticipated to create opportunity for key players operating in the frequency converter market globally.

For the purpose of analysis, the frequency converter market is segmented into type, end user, and region. Depending on type, the market is segmented into static frequency converter and rotary frequency converter.

On the basis of end user, it is categorized into aerospace & defense, power & energy, oil & gas, traction, marine/offshore, process industry, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global frequency converter market covers in-depth information about the major frequency converter industry participants. Some of the major players in the market include ABB, Ltd., Avionic Instruments, LLC, Danfoss A/S, Georator Corporation, General Electric, KGS Electronics, NR Electric Co., Ltd., Power Systems & Controls, Inc., Siemens, and Langley Holdings Plc.

Other players operating in the value chain of the global frequency converter market are Bosch Rexroth, Wacker Neuson, Piller Group GmbH, ENAG, and others. The key players have adopted numerous strategies such as product launch, acquisition, and business expansion, to stay competitive in the frequency converter market.

For instance, in August 2021, Georator Corporation completed the acquisition of Graycliff Partners LP, a designer and manufacturer of rotary and solid-state power frequency converters for applications in the industrial, aerospace, and government sectors. This has strengthened the position of the company in this market.

The frequency converter market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2021-2031. The report includes the study of the frequency converter market with respect to the growth prospects and restraints based on regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global frequency converter market analysis from 2021 to 2031 to identify the prevailing global frequency converter market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the global frequency converter market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global global frequency converter market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End-User

Aerospace And Defense
Power And Energy
Oil And Gas
Traction
Marine/Offshore
Process Industry
Others

By Type

Static frequency converter
Rotary frequency converter

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- ABB Ltd
- General Electric Company
- APLAB Ltd
- Siemens
- Danfoss
- Magnus Power
- Georator Corporation
- Aelco
- NR Electric
- KGS Electronics

Product Code: A00848

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: GLOBAL FREQUENCY CONVERTER MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Static frequency converter
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Rotary frequency converter
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country

CHAPTER 5: GLOBAL FREQUENCY CONVERTER MARKET, BY END-USER

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Aerospace And Defense
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Power And Energy
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 Oil And Gas
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
5.5 Traction
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country
5.6 Marine/Offshore
- 5.6.1 Key market trends, growth factors and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market analysis by country
5.7 Process Industry
- 5.7.1 Key market trends, growth factors and opportunities
- 5.7.2 Market size and forecast, by region
- 5.7.3 Market analysis by country
5.8 Others
- 5.8.1 Key market trends, growth factors and opportunities
- 5.8.2 Market size and forecast, by region
- 5.8.3 Market analysis by country

CHAPTER 6: GLOBAL FREQUENCY CONVERTER MARKET, BY REGION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Type
- 6.2.3 North America Market size and forecast, by End-User
- 6.2.4 North America Market size and forecast, by country
  - 6.2.4.1 U.S.
  - 6.2.4.1.1 Market size and forecast, by Type
  - 6.2.4.1.2 Market size and forecast, by End-User
  - 6.2.4.2 Canada
  - 6.2.4.2.1 Market size and forecast, by Type
  - 6.2.4.2.2 Market size and forecast, by End-User
  - 6.2.4.3 Mexico
  - 6.2.4.3.1 Market size and forecast, by Type
  - 6.2.4.3.2 Market size and forecast, by End-User
6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Type
- 6.3.3 Europe Market size and forecast, by End-User
- 6.3.4 Europe Market size and forecast, by country
  - 6.3.4.1 Germany
  - 6.3.4.1.1 Market size and forecast, by Type
  - 6.3.4.1.2 Market size and forecast, by End-User
  - 6.3.4.2 France
  - 6.3.4.2.1 Market size and forecast, by Type
  - 6.3.4.2.2 Market size and forecast, by End-User
  - 6.3.4.3 Italy
  - 6.3.4.3.1 Market size and forecast, by Type
  - 6.3.4.3.2 Market size and forecast, by End-User
  - 6.3.4.4 Spain
  - 6.3.4.4.1 Market size and forecast, by Type
  - 6.3.4.4.2 Market size and forecast, by End-User
  - 6.3.4.5 United Kingdom
  - 6.3.4.5.1 Market size and forecast, by Type
  - 6.3.4.5.2 Market size and forecast, by End-User
  - 6.3.4.6 Rest of Europe
  - 6.3.4.6.1 Market size and forecast, by Type
  - 6.3.4.6.2 Market size and forecast, by End-User
6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Type
- 6.4.3 Asia-Pacific Market size and forecast, by End-User
- 6.4.4 Asia-Pacific Market size and forecast, by country
  - 6.4.4.1 China
  - 6.4.4.1.1 Market size and forecast, by Type
  - 6.4.4.1.2 Market size and forecast, by End-User
  - 6.4.4.2 Japan
  - 6.4.4.2.1 Market size and forecast, by Type
  - 6.4.4.2.2 Market size and forecast, by End-User
  - 6.4.4.3 India
  - 6.4.4.3.1 Market size and forecast, by Type
  - 6.4.4.3.2 Market size and forecast, by End-User
  - 6.4.4.4 Australia
  - 6.4.4.4.1 Market size and forecast, by Type
  - 6.4.4.4.2 Market size and forecast, by End-User
  - 6.4.4.5 South Korea
  - 6.4.4.5.1 Market size and forecast, by Type
  - 6.4.4.5.2 Market size and forecast, by End-User
  - 6.4.4.6 Rest of Asia-Pacific
  - 6.4.4.6.1 Market size and forecast, by Type
  - 6.4.4.6.2 Market size and forecast, by End-User
6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Type
- 6.5.3 LAMEA Market size and forecast, by End-User
- 6.5.4 LAMEA Market size and forecast, by country
  - 6.5.4.1 Brazil
  - 6.5.4.1.1 Market size and forecast, by Type
  - 6.5.4.1.2 Market size and forecast, by End-User
  - 6.5.4.2 Saudi Arabia
  - 6.5.4.2.1 Market size and forecast, by Type
  - 6.5.4.2.2 Market size and forecast, by End-User
  - 6.5.4.3 South Africa
  - 6.5.4.3.1 Market size and forecast, by Type
  - 6.5.4.3.2 Market size and forecast, by End-User
  - 6.5.4.4 Rest of LAMEA
  - 6.5.4.4.1 Market size and forecast, by Type
  - 6.5.4.4.2 Market size and forecast, by End-User

CHAPTER 7: COMPANY LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES

8.1 ABB Ltd
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
8.2 General Electric Company
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
8.3 APLAB Ltd
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
8.4 Siemens
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
8.5 Danfoss
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
8.6 Magnus Power
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
8.7 Georator Corporation
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
8.8 Aelco
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
8.9 NR Electric
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
8.10 KGS Electronics
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments