PUBLISHER: KBV Research | PRODUCT CODE: 1115005
PUBLISHER: KBV Research | PRODUCT CODE: 1115005
Europe Frequency Converter Market Size, Share & Industry Trends Analysis Report By Type (Rotary and Static), By End User, By Country and Growth Forecast, 2022 - 2028
The Europe Frequency Converter Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
In addition, manufacturers of frequency converters must also emphasize their own brand. The company's brand is crucial since it serves as a powerful tool for boosting market competition. Since the public will pay more attention to branded goods, frequency converter businesses will have more opportunities than usual. In order to make a lasting impact on the public, frequency converter manufacturers should develop their brand or improve advertising activities.
Manufacturers of frequency converters are enhancing their service departments. Service is crucial because it not only affects a company's reputation but also serves as a guarantee to clients as to what they will find to be the most appealing. In light of this, it is certain that frequency converter manufacturers would gain more clients after improving their after-sales service organizations.
The employment of a frequency converter, in contrast to a conventional stop-and-go motor, enables remote speed modification by a programmable controller or process controller. Control is always a huge plus for output in an industrial sense. Because a frequency converter allows precise torque control, such as in the event of a conveyor jam, it can prevent machinery from being damaged. In order to minimize mechanical wear and tear, controlled stopping can be crucial.
The United Kingdom has the second-largest aerospace industry in the world. The UK economy depends heavily on the sector. The majority of the more than 120,000 highly skilled jobs it offers are located outside of London and the southeast. The industry generates £35 billion in revenue annually, the majority of which comes from export. This is an internationally competitive industry that supports jobs that pay 40% more than the national average and drives growth and prosperity throughout the UK.
The Germany market dominated the Europe Frequency Converter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,855.8 million by 2028. The UK market is anticipated to grow at a CAGR of 4.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Type, the market is segmented into Rotary and Static. Based on End User, the market is segmented into Aerospace & Defense, Traction, Oil & Gas, Marine/Offshore, Power & Energy and Process Industry & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, ABB Group, General Electric (GE) Co., The Danfoss Group, Aplab Limited, NR Electric Co., Ltd., Magnus Power Pvt. Ltd., KGS Electronics, Georator Corporation, and Advance Electronic Labs., Corp.
Scope of the Study
Market Segments covered in the Report:
By Type
- Rotary
- Static
By End User
- Aerospace & Defense
- Traction
- Oil & Gas
- Marine/Offshore
- Power & Energy
- Process Industry & Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Siemens AG
- ABB Group
- General Electric (GE) Co.
- The Danfoss Group
- Aplab Limited
- NR Electric Co., Ltd.
- Magnus Power Pvt. Ltd.
- KGS Electronics
- Georator Corporation
- Advance Electronic Labs., Corp.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Frequency Converter Market, by Type
- 1.4.2 Europe Frequency Converter Market, by End User
- 1.4.3 Europe Frequency Converter Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Europe Frequency Converter Market by Type
- 3.1 Europe Rotary Market by Country
- 3.2 Europe Static Market by Country
Chapter 4. Europe Frequency Converter Market by End User
- 4.1 Europe Aerospace & Defense Market by Country
- 4.2 Europe Traction Market by Country
- 4.3 Europe Oil & Gas Market by Country
- 4.4 Europe Marine/Offshore Market by Country
- 4.5 Europe Power & Energy Market by Country
- 4.6 Europe Process Industry & Others Market by Country
Chapter 5. Europe Frequency Converter Market by Country
- 5.1 Germany Frequency Converter Market
- 5.1.1 Germany Frequency Converter Market by Type
- 5.1.2 Germany Frequency Converter Market by End User
- 5.2 UK Frequency Converter Market
- 5.2.1 UK Frequency Converter Market by Type
- 5.2.2 UK Frequency Converter Market by End User
- 5.3 France Frequency Converter Market
- 5.3.1 France Frequency Converter Market by Type
- 5.3.2 France Frequency Converter Market by End User
- 5.4 Russia Frequency Converter Market
- 5.4.1 Russia Frequency Converter Market by Type
- 5.4.2 Russia Frequency Converter Market by End User
- 5.5 Spain Frequency Converter Market
- 5.5.1 Spain Frequency Converter Market by Type
- 5.5.2 Spain Frequency Converter Market by End User
- 5.6 Italy Frequency Converter Market
- 5.6.1 Italy Frequency Converter Market by Type
- 5.6.2 Italy Frequency Converter Market by End User
- 5.7 Rest of Europe Frequency Converter Market
- 5.7.1 Rest of Europe Frequency Converter Market by Type
- 5.7.2 Rest of Europe Frequency Converter Market by End User
Chapter 6. Company Profiles
- 6.1 Siemens AG
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Research & Development Expense
- 6.1.5 Recent strategies and developments:
- 6.1.5.1 Product Launches and Product Expansions:
- 6.1.5.2 Acquisition and Mergers:
- 6.1.6 SWOT Analysis
- 6.2 ABB Group
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expense
- 6.2.5 SWOT Analysis
- 6.3 General Electric (GE) Co.
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expense
- 6.3.5 SWOT Analysis
- 6.4 The Danfoss Group
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.5 Aplab Limited
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.6 NR Electric Co., Ltd. (NARI Technology Development Limited Co.)
- 6.6.1 Company Overview
- 6.7 Magnus Power Pvt. Ltd.
- 6.7.1 Company Overview
- 6.8 KGS Electronics
- 6.8.1 Company Overview
- 6.9 Georator Corporation (Worldwide Electric Corporation LLC)
- 6.9.1 Company Overview
- 6.10. Advance Electronic Labs., Corp.
- 6.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Europe Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 2 Europe Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 3 Europe Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 4 Europe Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 5 Europe Rotary Market by Country, 2018 - 2021, USD Million
- TABLE 6 Europe Rotary Market by Country, 2022 - 2028, USD Million
- TABLE 7 Europe Static Market by Country, 2018 - 2021, USD Million
- TABLE 8 Europe Static Market by Country, 2022 - 2028, USD Million
- TABLE 9 Europe Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 10 Europe Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 11 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
- TABLE 12 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
- TABLE 13 Europe Traction Market by Country, 2018 - 2021, USD Million
- TABLE 14 Europe Traction Market by Country, 2022 - 2028, USD Million
- TABLE 15 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
- TABLE 16 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
- TABLE 17 Europe Marine/Offshore Market by Country, 2018 - 2021, USD Million
- TABLE 18 Europe Marine/Offshore Market by Country, 2022 - 2028, USD Million
- TABLE 19 Europe Power & Energy Market by Country, 2018 - 2021, USD Million
- TABLE 20 Europe Power & Energy Market by Country, 2022 - 2028, USD Million
- TABLE 21 Europe Process Industry & Others Market by Country, 2018 - 2021, USD Million
- TABLE 22 Europe Process Industry & Others Market by Country, 2022 - 2028, USD Million
- TABLE 23 Europe Frequency Converter Market by Country, 2018 - 2021, USD Million
- TABLE 24 Europe Frequency Converter Market by Country, 2022 - 2028, USD Million
- TABLE 25 Germany Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 26 Germany Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 27 Germany Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 28 Germany Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 29 Germany Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 30 Germany Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 31 UK Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 32 UK Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 33 UK Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 34 UK Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 35 UK Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 36 UK Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 37 France Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 38 France Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 39 France Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 40 France Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 41 France Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 42 France Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 43 Russia Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 44 Russia Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 45 Russia Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 46 Russia Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 47 Russia Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 48 Russia Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 49 Spain Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 50 Spain Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 51 Spain Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 52 Spain Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 53 Spain Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 54 Spain Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 55 Italy Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 56 Italy Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 57 Italy Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 58 Italy Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 59 Italy Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 60 Italy Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 61 Rest of Europe Frequency Converter Market, 2018 - 2021, USD Million
- TABLE 62 Rest of Europe Frequency Converter Market, 2022 - 2028, USD Million
- TABLE 63 Rest of Europe Frequency Converter Market by Type, 2018 - 2021, USD Million
- TABLE 64 Rest of Europe Frequency Converter Market by Type, 2022 - 2028, USD Million
- TABLE 65 Rest of Europe Frequency Converter Market by End User, 2018 - 2021, USD Million
- TABLE 66 Rest of Europe Frequency Converter Market by End User, 2022 - 2028, USD Million
- TABLE 67 Key Information - Siemens AG
- TABLE 68 Key Information - ABB Group
- TABLE 69 KEY INFORMATION - GENERAL ELECTRIC (GE) CO.
- TABLE 70 Key Information - The Danfoss Group
- TABLE 71 Key Information - Aplab Limited
- TABLE 72 Key information - NR Electric Co., Ltd.
- TABLE 73 Key Information - Magnus Power Pvt. Ltd.
- TABLE 74 Key Information - KGS Electronics
- TABLE 75 Key Information - Georator Corporation
- TABLE 76 Key Information - Advance Electronic Labs., Corp.
List of Figures
- FIG 1 Methodology for the research
- FIG 2 Recent strategies and developments: Siemens AG
- FIG 3 Swot analysis: Siemens AG
- FIG 4 SWOT Analysis: ABB Group
- FIG 5 Swot analysis: General electric (GE) Co.
