Middle East and Africa VFD Variable Frequency Drives
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
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According to Cognitive Market Research, the global VFD Variable Frequency Drives market size was estimated at USD 22514.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 450.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031..
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Middle East and Africa VFD Variable Frequency Drives Market Sales Revenue 2024 | $ 450.28 |
Middle East and Africa VFD Variable Frequency Drives Market Compound Annual Growth Rate (CAGR) for 2023 to 2030 | 7.7% |
Market Split by Type |
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Market Split by Voltage Type |
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Market Split by Power Rating |
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Market Split by Application |
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Market Split by End-User |
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List of Competitors | Competitors not disclose (Request Sample) |
Country Analysis | Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA | Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Middle East and Africa VFD Variable Frequency Drives industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Middle East and Africa VFD Variable Frequency Drives Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
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The VFD (Variable Frequency Drives) market is highly competitive, with major players competing through technological innovation, product development, and strategic partnerships. They focus on enhancing energy efficiency, integrating IoT capabilities, and expanding their global footprint to meet diverse industry needs.
October 2023: Siemens launched the new high-performance variable frequency drive, SINAMICS G220, which is designed to meet the current and future challenges in every industry. Thanks to its improved hardware and software, the SINAMICS G220 takes digital drive technology to a new level, making users’ applications more efficient, secure, and future-proof. (Source: https://press.siemens.com/global/en/pressrelease/siemens-xcelerator-new-sinamics-g220-high-performance-frequency-converter-greater) April 2022: Rockwell Automation Inc. launched a new Allen-Bradley Armor Powerflex AC VFD for industrial motor control applications. The newly launched on-machine motor drive provides simple commissioning, predictive maintenance, and quicker installation. This drive helps industrial companies to minimize costs and simplify the machine's design and time to deploy. (Source: https://www.rockwellautomation.com/en-us/products/hardware/allen-bradley/new/armor-powerflex.html) April 2022: Johnson Controls, the global leader in smart, healthy, and sustainable buildings, announced the latest upgrade of the YORK® YVAA variable speed screw chiller across its global product line. The award-winning chiller features greater operating efficiency, a smaller footprint, and integration with refrigerants that have low global warming potential. (Source: https://www.johnsoncontrols.com/media-center/news/press-releases/2023/11/02/york-yvaa-style-b-air-cooled-screw-chiller)Top Companies Market Share in Middle East and Africa VFD Variable Frequency Drives Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The published report edition delivers Middle East and Africa Market size analysis from 2019 till the forecast period of 2031. We have included analysis of top performing countries such as (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA) and their Market segmentation by Type, Voltage Type, Power Rating, Application, End-User, etc. This will help you to understand detailed segment profile, revenue generation, growth patterns, trends, and differences among the each segments.
Middle East and Africa VFD Variable Frequency Drives market Type size and share analysis, have been revealed under this section. This section offers market size, revenue share, y-o-y growth rate along with market attractiveness for each type. This will help you to understand which type held largest revenue share along with its compound annual growth rate (CAGR) of Middle East and Africa VFD Variable Frequency Drives Market.
With the help of type segment analysis, companies can understand which type has potential to invest along with its driving factors, current trends and other key factors. The timeline covered in the published North America Report edition is 2019 to 2031.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
Voltage Type segment analysis is key parameter for key companies and new entrants offering versatile products or services, helping them customize products to meet the need of different user scenarios. Based on the application segment analysis, key companies can choose which application segments to target in the Middle East and Africa VFD Variable Frequency Drives Market. Our experts continuously monitor market dynamics and consumer trends of the each application to evaluate the attractiveness and potential of each segment. In terms of revenue, we can also provide the cross split of types in the each application for year 2019-2031. To understand more please connect with our sales team.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
The Current Published report Editon on the website includes the following list of countries analysis whereas in case you looking to access any other country or states level data under Middle East and Africa then please revert us to access the exclusive Middle East and Africa VFD Variable Frequency Drives industry report Edition.
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
Bio :With a work experience of over 10+ years in the market research and strategy development. I have ...Read More
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Middle East and Africa VFD Variable Frequency Drives Market is witnessing significant growth in the near future.
In 2023, the AC Drive segment accounted for noticeable share of Middle East and Africa VFD Variable Frequency Drives Market and is projected to experience significant growth in the near future.
The Low Voltage segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies , and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | AC Drive, DC Drive, Servo Drive |
Voltage Type | Low Voltage, Medium Voltage |
Power Rating | Micro Power Drive, Low Power Drive, Medium Power Drive, High Power Drive |
Application | Pumps, Conveyors, Fans, Compressors, Others |
End-User | Oil & Gas, Industrial, Power, Infrastructure |
List of Competitors | Not Disclosed! Request To Preview the List |
Chapter 1 Middle East and Africa Market Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 2 Competitor Analysis (Subject to Data Availability (Private Players))
Chapter 3 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 4 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 5 Market Split by Voltage Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 6 Market Split by Power Rating Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 7 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 8 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Middle East and Africa VFD Variable Frequency Drives market
Chapter 9 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why AC Drive have a significant impact on Middle East and Africa VFD Variable Frequency Drives market? |
What are the key factors affecting the AC Drive and DC Drive of Middle East and Africa VFD Variable Frequency Drives Market? |
What is the CAGR/Growth Rate of Low Voltage during the forecast period? |
By type, which segment accounted for largest share of the Middle East and Africa VFD Variable Frequency Drives Market? |
Which region is expected to dominate the Middle East and Africa VFD Variable Frequency Drives Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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