Global Marine Variable Frequency Drive (VFD) Supply, Demand and Key Producers, 2023-2029

Page: 107

Published Date: 01 Mar 2023

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

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 studies the global Marine Variable Frequency Drive (VFD) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Marine Variable Frequency Drive (VFD), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Marine Variable Frequency Drive (VFD) that contribute to its increasing demand across many markets.

The global Marine Variable Frequency Drive (VFD) market size is expected to reach $ 1201.6 million by 2029, rising at a market growth of 4.9% CAGR during the forecast period (2023-2029).

Asia Pacific is estimated to be the largest market from 2019 to 2024. The growth of this region can be attributed to the strong economic growth and supportive government policies for the shipbuilding industry. China, South Korea, and Japan are among the fastest growing countries in Asia Pacific.

Highlights and key features of the study
Global Marine Variable Frequency Drive (VFD) total production and demand, 2018-2029, (K Units)
Global Marine Variable Frequency Drive (VFD) total production value, 2018-2029, (USD Million)
Global Marine Variable Frequency Drive (VFD) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Marine Variable Frequency Drive (VFD) consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Marine Variable Frequency Drive (VFD) domestic production, consumption, key domestic manufacturers and share
Global Marine Variable Frequency Drive (VFD) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Marine Variable Frequency Drive (VFD) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Marine Variable Frequency Drive (VFD) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)
This reports profiles key players in the global Marine Variable Frequency Drive (VFD) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danfoss, ABB, Rockwell Automation, Siemens, CG Power and IndUStrial Solutions, Mitsubishi Electric, WEG, Invertek Drives and Eaton, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Marine Variable Frequency Drive (VFD) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Marine Variable Frequency Drive (VFD) Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Marine Variable Frequency Drive (VFD) Market, Segmentation by Type
    AC Drive
    DC Drive

Global Marine Variable Frequency Drive (VFD) Market, Segmentation by Application
    Marine Pump
    Marine Fan
    Marine Compressor
    Marine Propulsion/Thruster
    Marine Crane & Hoist

Companies Profiled:
    Danfoss
    ABB
    Rockwell Automation
    Siemens
    CG Power and IndUStrial Solutions
    Mitsubishi Electric
    WEG
    Invertek Drives
    Eaton
    GE
    Yaskawa
    Parker Hannifin
    Beard Marine Group

Key Questions Answered
1. How big is the global Marine Variable Frequency Drive (VFD) market?
2. What is the demand of the global Marine Variable Frequency Drive (VFD) market?
3. What is the year over year growth of the global Marine Variable Frequency Drive (VFD) market?
4. What is the production and production value of the global Marine Variable Frequency Drive (VFD) market?
5. Who are the key producers in the global Marine Variable Frequency Drive (VFD) market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Marine Variable Frequency Drive (VFD) Introduction
    1.2 World Marine Variable Frequency Drive (VFD) Supply & Forecast
        1.2.1 World Marine Variable Frequency Drive (VFD) Production Value (2018 & 2022 & 2029)
        1.2.2 World Marine Variable Frequency Drive (VFD) Production (2018-2029)
        1.2.3 World Marine Variable Frequency Drive (VFD) Pricing Trends (2018-2029)
    1.3 World Marine Variable Frequency Drive (VFD) Production by Region (Based on Production Site)
        1.3.1 World Marine Variable Frequency Drive (VFD) Production Value by Region (2018-2029)
        1.3.2 World Marine Variable Frequency Drive (VFD) Production by Region (2018-2029)
        1.3.3 World Marine Variable Frequency Drive (VFD) Average Price by Region (2018-2029)
        1.3.4 North America Marine Variable Frequency Drive (VFD) Production (2018-2029)
        1.3.5 Europe Marine Variable Frequency Drive (VFD) Production (2018-2029)
        1.3.6 China Marine Variable Frequency Drive (VFD) Production (2018-2029)
        1.3.7 Japan Marine Variable Frequency Drive (VFD) Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Marine Variable Frequency Drive (VFD) Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Marine Variable Frequency Drive (VFD) Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Marine Variable Frequency Drive (VFD) Demand (2018-2029)
    2.2 World Marine Variable Frequency Drive (VFD) Consumption by Region
        2.2.1 World Marine Variable Frequency Drive (VFD) Consumption by Region (2018-2023)
        2.2.2 World Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2024-2029)
    2.3 United States Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.4 China Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.5 Europe Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.6 Japan Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.7 South Korea Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.8 ASEAN Marine Variable Frequency Drive (VFD) Consumption (2018-2029)
    2.9 India Marine Variable Frequency Drive (VFD) Consumption (2018-2029)

3 World Marine Variable Frequency Drive (VFD) Manufacturers Competitive Analysis
    3.1 World Marine Variable Frequency Drive (VFD) Production Value by Manufacturer (2018-2023)
    3.2 World Marine Variable Frequency Drive (VFD) Production by Manufacturer (2018-2023)
    3.3 World Marine Variable Frequency Drive (VFD) Average Price by Manufacturer (2018-2023)
    3.4 Marine Variable Frequency Drive (VFD) Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Marine Variable Frequency Drive (VFD) Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Marine Variable Frequency Drive (VFD) in 2022
        3.5.3 Global Concentration Ratios (CR8) for Marine Variable Frequency Drive (VFD) in 2022
    3.6 Marine Variable Frequency Drive (VFD) Market: Overall Company Footprint Analysis
        3.6.1 Marine Variable Frequency Drive (VFD) Market: Region Footprint
        3.6.2 Marine Variable Frequency Drive (VFD) Market: Company Product Type Footprint
        3.6.3 Marine Variable Frequency Drive (VFD) Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Marine Variable Frequency Drive (VFD) Production Value Comparison
        4.1.1 United States VS China: Marine Variable Frequency Drive (VFD) Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Marine Variable Frequency Drive (VFD) Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Marine Variable Frequency Drive (VFD) Production Comparison
        4.2.1 United States VS China: Marine Variable Frequency Drive (VFD) Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Marine Variable Frequency Drive (VFD) Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Marine Variable Frequency Drive (VFD) Consumption Comparison
        4.3.1 United States VS China: Marine Variable Frequency Drive (VFD) Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Marine Variable Frequency Drive (VFD) Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Marine Variable Frequency Drive (VFD) Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023)
    4.5 China Based Marine Variable Frequency Drive (VFD) Manufacturers and Market Share
        4.5.1 China Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value (2018-2023)
        4.5.3 China Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023)
    4.6 Rest of World Based Marine Variable Frequency Drive (VFD) Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023)

5 Market Analysis by Type
    5.1 World Marine Variable Frequency Drive (VFD) Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 AC Drive
        5.2.2 DC Drive
    5.3 Market Segment by Type
        5.3.1 World Marine Variable Frequency Drive (VFD) Production by Type (2018-2029)
        5.3.2 World Marine Variable Frequency Drive (VFD) Production Value by Type (2018-2029)
        5.3.3 World Marine Variable Frequency Drive (VFD) Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Marine Variable Frequency Drive (VFD) Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Marine Pump
        6.2.2 Marine Fan
        6.2.3 Marine Compressor
        6.2.4 Marine Propulsion/Thruster
        6.2.5 Marine Crane & Hoist
    6.3 Market Segment by Application
        6.3.1 World Marine Variable Frequency Drive (VFD) Production by Application (2018-2029)
        6.3.2 World Marine Variable Frequency Drive (VFD) Production Value by Application (2018-2029)
        6.3.3 World Marine Variable Frequency Drive (VFD) Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Danfoss
        7.1.1 Danfoss Details
        7.1.2 Danfoss Major Business
        7.1.3 Danfoss Marine Variable Frequency Drive (VFD) Product and Services
        7.1.4 Danfoss Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Danfoss Recent Developments/Updates
        7.1.6 Danfoss Competitive Strengths & Weaknesses
    7.2 ABB
        7.2.1 ABB Details
        7.2.2 ABB Major Business
        7.2.3 ABB Marine Variable Frequency Drive (VFD) Product and Services
        7.2.4 ABB Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 ABB Recent Developments/Updates
        7.2.6 ABB Competitive Strengths & Weaknesses
    7.3 Rockwell Automation
        7.3.1 Rockwell Automation Details
        7.3.2 Rockwell Automation Major Business
        7.3.3 Rockwell Automation Marine Variable Frequency Drive (VFD) Product and Services
        7.3.4 Rockwell Automation Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Rockwell Automation Recent Developments/Updates
        7.3.6 Rockwell Automation Competitive Strengths & Weaknesses
    7.4 Siemens
        7.4.1 Siemens Details
        7.4.2 Siemens Major Business
        7.4.3 Siemens Marine Variable Frequency Drive (VFD) Product and Services
        7.4.4 Siemens Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Siemens Recent Developments/Updates
        7.4.6 Siemens Competitive Strengths & Weaknesses
    7.5 CG Power and IndUStrial Solutions
        7.5.1 CG Power and IndUStrial Solutions Details
        7.5.2 CG Power and IndUStrial Solutions Major Business
        7.5.3 CG Power and IndUStrial Solutions Marine Variable Frequency Drive (VFD) Product and Services
        7.5.4 CG Power and IndUStrial Solutions Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 CG Power and IndUStrial Solutions Recent Developments/Updates
        7.5.6 CG Power and IndUStrial Solutions Competitive Strengths & Weaknesses
    7.6 Mitsubishi Electric
        7.6.1 Mitsubishi Electric Details
        7.6.2 Mitsubishi Electric Major Business
        7.6.3 Mitsubishi Electric Marine Variable Frequency Drive (VFD) Product and Services
        7.6.4 Mitsubishi Electric Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Mitsubishi Electric Recent Developments/Updates
        7.6.6 Mitsubishi Electric Competitive Strengths & Weaknesses
    7.7 WEG
        7.7.1 WEG Details
        7.7.2 WEG Major Business
        7.7.3 WEG Marine Variable Frequency Drive (VFD) Product and Services
        7.7.4 WEG Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 WEG Recent Developments/Updates
        7.7.6 WEG Competitive Strengths & Weaknesses
    7.8 Invertek Drives
        7.8.1 Invertek Drives Details
        7.8.2 Invertek Drives Major Business
        7.8.3 Invertek Drives Marine Variable Frequency Drive (VFD) Product and Services
        7.8.4 Invertek Drives Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Invertek Drives Recent Developments/Updates
        7.8.6 Invertek Drives Competitive Strengths & Weaknesses
    7.9 Eaton
        7.9.1 Eaton Details
        7.9.2 Eaton Major Business
        7.9.3 Eaton Marine Variable Frequency Drive (VFD) Product and Services
        7.9.4 Eaton Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Eaton Recent Developments/Updates
        7.9.6 Eaton Competitive Strengths & Weaknesses
    7.10 GE
        7.10.1 GE Details
        7.10.2 GE Major Business
        7.10.3 GE Marine Variable Frequency Drive (VFD) Product and Services
        7.10.4 GE Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 GE Recent Developments/Updates
        7.10.6 GE Competitive Strengths & Weaknesses
    7.11 Yaskawa
        7.11.1 Yaskawa Details
        7.11.2 Yaskawa Major Business
        7.11.3 Yaskawa Marine Variable Frequency Drive (VFD) Product and Services
        7.11.4 Yaskawa Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 Yaskawa Recent Developments/Updates
        7.11.6 Yaskawa Competitive Strengths & Weaknesses
    7.12 Parker Hannifin
        7.12.1 Parker Hannifin Details
        7.12.2 Parker Hannifin Major Business
        7.12.3 Parker Hannifin Marine Variable Frequency Drive (VFD) Product and Services
        7.12.4 Parker Hannifin Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.12.5 Parker Hannifin Recent Developments/Updates
        7.12.6 Parker Hannifin Competitive Strengths & Weaknesses
    7.13 Beard Marine Group
        7.13.1 Beard Marine Group Details
        7.13.2 Beard Marine Group Major Business
        7.13.3 Beard Marine Group Marine Variable Frequency Drive (VFD) Product and Services
        7.13.4 Beard Marine Group Marine Variable Frequency Drive (VFD) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.13.5 Beard Marine Group Recent Developments/Updates
        7.13.6 Beard Marine Group Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Marine Variable Frequency Drive (VFD) Industry Chain
    8.2 Marine Variable Frequency Drive (VFD) Upstream Analysis
        8.2.1 Marine Variable Frequency Drive (VFD) Core Raw Materials
        8.2.2 Main Manufacturers of Marine Variable Frequency Drive (VFD) Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Marine Variable Frequency Drive (VFD) Production Mode
    8.6 Marine Variable Frequency Drive (VFD) Procurement Model
    8.7 Marine Variable Frequency Drive (VFD) Industry Sales Model and Sales Channels
        8.7.1 Marine Variable Frequency Drive (VFD) Sales Model
        8.7.2 Marine Variable Frequency Drive (VFD) Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Marine Variable Frequency Drive (VFD) Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Marine Variable Frequency Drive (VFD) Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Marine Variable Frequency Drive (VFD) Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Region (2018-2023)
    Table 5. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Region (2024-2029)
    Table 6. World Marine Variable Frequency Drive (VFD) Production by Region (2018-2023) & (K Units)
    Table 7. World Marine Variable Frequency Drive (VFD) Production by Region (2024-2029) & (K Units)
    Table 8. World Marine Variable Frequency Drive (VFD) Production Market Share by Region (2018-2023)
    Table 9. World Marine Variable Frequency Drive (VFD) Production Market Share by Region (2024-2029)
    Table 10. World Marine Variable Frequency Drive (VFD) Average Price by Region (2018-2023) & (USD/Unit)
    Table 11. World Marine Variable Frequency Drive (VFD) Average Price by Region (2024-2029) & (USD/Unit)
    Table 12. Marine Variable Frequency Drive (VFD) Major Market Trends
    Table 13. World Marine Variable Frequency Drive (VFD) Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K Units)
    Table 14. World Marine Variable Frequency Drive (VFD) Consumption by Region (2018-2023) & (K Units)
    Table 15. World Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2024-2029) & (K Units)
    Table 16. World Marine Variable Frequency Drive (VFD) Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Marine Variable Frequency Drive (VFD) Producers in 2022
    Table 18. World Marine Variable Frequency Drive (VFD) Production by Manufacturer (2018-2023) & (K Units)
    Table 19. Production Market Share of Key Marine Variable Frequency Drive (VFD) Producers in 2022
    Table 20. World Marine Variable Frequency Drive (VFD) Average Price by Manufacturer (2018-2023) & (USD/Unit)
    Table 21. Global Marine Variable Frequency Drive (VFD) Company Evaluation Quadrant
    Table 22. World Marine Variable Frequency Drive (VFD) Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Marine Variable Frequency Drive (VFD) Production Site of Key Manufacturer
    Table 24. Marine Variable Frequency Drive (VFD) Market: Company Product Type Footprint
    Table 25. Marine Variable Frequency Drive (VFD) Market: Company Product Application Footprint
    Table 26. Marine Variable Frequency Drive (VFD) Competitive Factors
    Table 27. Marine Variable Frequency Drive (VFD) New Entrant and Capacity Expansion Plans
    Table 28. Marine Variable Frequency Drive (VFD) Mergers & Acquisitions Activity
    Table 29. United States VS China Marine Variable Frequency Drive (VFD) Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Marine Variable Frequency Drive (VFD) Production Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 31. United States VS China Marine Variable Frequency Drive (VFD) Consumption Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 32. United States Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023) & (K Units)
    Table 36. United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share (2018-2023)
    Table 37. China Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023) & (K Units)
    Table 41. China Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share (2018-2023)
    Table 42. Rest of World Based Marine Variable Frequency Drive (VFD) Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production (2018-2023) & (K Units)
    Table 46. Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share (2018-2023)
    Table 47. World Marine Variable Frequency Drive (VFD) Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Marine Variable Frequency Drive (VFD) Production by Type (2018-2023) & (K Units)
    Table 49. World Marine Variable Frequency Drive (VFD) Production by Type (2024-2029) & (K Units)
    Table 50. World Marine Variable Frequency Drive (VFD) Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Marine Variable Frequency Drive (VFD) Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Marine Variable Frequency Drive (VFD) Average Price by Type (2018-2023) & (USD/Unit)
    Table 53. World Marine Variable Frequency Drive (VFD) Average Price by Type (2024-2029) & (USD/Unit)
    Table 54. World Marine Variable Frequency Drive (VFD) Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Marine Variable Frequency Drive (VFD) Production by Application (2018-2023) & (K Units)
    Table 56. World Marine Variable Frequency Drive (VFD) Production by Application (2024-2029) & (K Units)
    Table 57. World Marine Variable Frequency Drive (VFD) Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Marine Variable Frequency Drive (VFD) Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Marine Variable Frequency Drive (VFD) Average Price by Application (2018-2023) & (USD/Unit)
    Table 60. World Marine Variable Frequency Drive (VFD) Average Price by Application (2024-2029) & (USD/Unit)
    Table 61. Danfoss Basic Information, Manufacturing Base and Competitors
    Table 62. Danfoss Major Business
    Table 63. Danfoss Marine Variable Frequency Drive (VFD) Product and Services
    Table 64. Danfoss Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Danfoss Recent Developments/Updates
    Table 66. Danfoss Competitive Strengths & Weaknesses
    Table 67. ABB Basic Information, Manufacturing Base and Competitors
    Table 68. ABB Major Business
    Table 69. ABB Marine Variable Frequency Drive (VFD) Product and Services
    Table 70. ABB Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. ABB Recent Developments/Updates
    Table 72. ABB Competitive Strengths & Weaknesses
    Table 73. Rockwell Automation Basic Information, Manufacturing Base and Competitors
    Table 74. Rockwell Automation Major Business
    Table 75. Rockwell Automation Marine Variable Frequency Drive (VFD) Product and Services
    Table 76. Rockwell Automation Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Rockwell Automation Recent Developments/Updates
    Table 78. Rockwell Automation Competitive Strengths & Weaknesses
    Table 79. Siemens Basic Information, Manufacturing Base and Competitors
    Table 80. Siemens Major Business
    Table 81. Siemens Marine Variable Frequency Drive (VFD) Product and Services
    Table 82. Siemens Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Siemens Recent Developments/Updates
    Table 84. Siemens Competitive Strengths & Weaknesses
    Table 85. CG Power and IndUStrial Solutions Basic Information, Manufacturing Base and Competitors
    Table 86. CG Power and IndUStrial Solutions Major Business
    Table 87. CG Power and IndUStrial Solutions Marine Variable Frequency Drive (VFD) Product and Services
    Table 88. CG Power and IndUStrial Solutions Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. CG Power and IndUStrial Solutions Recent Developments/Updates
    Table 90. CG Power and IndUStrial Solutions Competitive Strengths & Weaknesses
    Table 91. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 92. Mitsubishi Electric Major Business
    Table 93. Mitsubishi Electric Marine Variable Frequency Drive (VFD) Product and Services
    Table 94. Mitsubishi Electric Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Mitsubishi Electric Recent Developments/Updates
    Table 96. Mitsubishi Electric Competitive Strengths & Weaknesses
    Table 97. WEG Basic Information, Manufacturing Base and Competitors
    Table 98. WEG Major Business
    Table 99. WEG Marine Variable Frequency Drive (VFD) Product and Services
    Table 100. WEG Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. WEG Recent Developments/Updates
    Table 102. WEG Competitive Strengths & Weaknesses
    Table 103. Invertek Drives Basic Information, Manufacturing Base and Competitors
    Table 104. Invertek Drives Major Business
    Table 105. Invertek Drives Marine Variable Frequency Drive (VFD) Product and Services
    Table 106. Invertek Drives Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Invertek Drives Recent Developments/Updates
    Table 108. Invertek Drives Competitive Strengths & Weaknesses
    Table 109. Eaton Basic Information, Manufacturing Base and Competitors
    Table 110. Eaton Major Business
    Table 111. Eaton Marine Variable Frequency Drive (VFD) Product and Services
    Table 112. Eaton Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Eaton Recent Developments/Updates
    Table 114. Eaton Competitive Strengths & Weaknesses
    Table 115. GE Basic Information, Manufacturing Base and Competitors
    Table 116. GE Major Business
    Table 117. GE Marine Variable Frequency Drive (VFD) Product and Services
    Table 118. GE Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. GE Recent Developments/Updates
    Table 120. GE Competitive Strengths & Weaknesses
    Table 121. Yaskawa Basic Information, Manufacturing Base and Competitors
    Table 122. Yaskawa Major Business
    Table 123. Yaskawa Marine Variable Frequency Drive (VFD) Product and Services
    Table 124. Yaskawa Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 125. Yaskawa Recent Developments/Updates
    Table 126. Yaskawa Competitive Strengths & Weaknesses
    Table 127. Parker Hannifin Basic Information, Manufacturing Base and Competitors
    Table 128. Parker Hannifin Major Business
    Table 129. Parker Hannifin Marine Variable Frequency Drive (VFD) Product and Services
    Table 130. Parker Hannifin Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 131. Parker Hannifin Recent Developments/Updates
    Table 132. Beard Marine Group Basic Information, Manufacturing Base and Competitors
    Table 133. Beard Marine Group Major Business
    Table 134. Beard Marine Group Marine Variable Frequency Drive (VFD) Product and Services
    Table 135. Beard Marine Group Marine Variable Frequency Drive (VFD) Production (K Units), Price (USD/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 136. Global Key Players of Marine Variable Frequency Drive (VFD) Upstream (Raw Materials)
    Table 137. Marine Variable Frequency Drive (VFD) Typical Customers
    Table 138. Marine Variable Frequency Drive (VFD) Typical Distributors
List of Figure
    Figure 1. Marine Variable Frequency Drive (VFD) Picture
    Figure 2. World Marine Variable Frequency Drive (VFD) Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Marine Variable Frequency Drive (VFD) Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Marine Variable Frequency Drive (VFD) Production (2018-2029) & (K Units)
    Figure 5. World Marine Variable Frequency Drive (VFD) Average Price (2018-2029) & (USD/Unit)
    Figure 6. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Region (2018-2029)
    Figure 7. World Marine Variable Frequency Drive (VFD) Production Market Share by Region (2018-2029)
    Figure 8. North America Marine Variable Frequency Drive (VFD) Production (2018-2029) & (K Units)
    Figure 9. Europe Marine Variable Frequency Drive (VFD) Production (2018-2029) & (K Units)
    Figure 10. China Marine Variable Frequency Drive (VFD) Production (2018-2029) & (K Units)
    Figure 11. Japan Marine Variable Frequency Drive (VFD) Production (2018-2029) & (K Units)
    Figure 12. Marine Variable Frequency Drive (VFD) Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 15. World Marine Variable Frequency Drive (VFD) Consumption Market Share by Region (2018-2029)
    Figure 16. United States Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 17. China Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 18. Europe Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 19. Japan Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 20. South Korea Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 21. ASEAN Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 22. India Marine Variable Frequency Drive (VFD) Consumption (2018-2029) & (K Units)
    Figure 23. Producer Shipments of Marine Variable Frequency Drive (VFD) by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Marine Variable Frequency Drive (VFD) Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Marine Variable Frequency Drive (VFD) Markets in 2022
    Figure 26. United States VS China: Marine Variable Frequency Drive (VFD) Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Marine Variable Frequency Drive (VFD) Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Marine Variable Frequency Drive (VFD) Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share 2022
    Figure 30. China Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Marine Variable Frequency Drive (VFD) Production Market Share 2022
    Figure 32. World Marine Variable Frequency Drive (VFD) Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Type in 2022
    Figure 34. AC Drive
    Figure 35. DC Drive
    Figure 36. World Marine Variable Frequency Drive (VFD) Production Market Share by Type (2018-2029)
    Figure 37. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Type (2018-2029)
    Figure 38. World Marine Variable Frequency Drive (VFD) Average Price by Type (2018-2029) & (USD/Unit)
    Figure 39. World Marine Variable Frequency Drive (VFD) Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 40. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Application in 2022
    Figure 41. Marine Pump
    Figure 42. Marine Fan
    Figure 43. Marine Compressor
    Figure 44. Marine Propulsion/Thruster
    Figure 45. Marine Crane & Hoist
    Figure 46. World Marine Variable Frequency Drive (VFD) Production Market Share by Application (2018-2029)
    Figure 47. World Marine Variable Frequency Drive (VFD) Production Value Market Share by Application (2018-2029)
    Figure 48. World Marine Variable Frequency Drive (VFD) Average Price by Application (2018-2029) & (USD/Unit)
    Figure 49. Marine Variable Frequency Drive (VFD) Industry Chain
    Figure 50. Marine Variable Frequency Drive (VFD) Procurement Model
    Figure 51. Marine Variable Frequency Drive (VFD) Sales Model
    Figure 52. Marine Variable Frequency Drive (VFD) Sales Channels, Direct Sales, and Distribution
    Figure 53. Methodology
    Figure 54. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Marine Variable Frequency Drive (VFD) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Marine Variable Frequency Drive (VFD) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

date 03 Jan 2023

date Machinery & Equipment

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.

Global Marine Variable Frequency Drive (VFD) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Marine Variable Frequency Drive (VFD) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 10 Jan 2024

date Machinery & Equipment

According to our (Global Info Research) latest study, the global Marine Variable Frequency Drive (VFD) market size was valued at USD 861.9 million in 2023 and is forecast to a readjusted size of USD 1201.6 million by 2030 with a CAGR of 4.9% during review period.

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Marine Variable Frequency Drive (VFD)

Atmosphere Heat Treatment Furnace

Electrical Wiring Equipment

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