How big is the Variable Frequency Drives Market?

The Variable Frequency Drives Market size is expected to reach USD 26.64 billion in 2024 and grow at a CAGR of 5.02% to reach USD 34.04 billion by 2029. Read More

What is the current Variable Frequency Drives Market size?

In 2024, the Variable Frequency Drives Market size is expected to reach USD 26.64 billion. Read More

Who are the key players in Variable Frequency Drives Market?

Eaton Corporation PLC, ABB Ltd., Crompton Greaves Ltd, Honeywell International Inc. and Rockwell Automations Inc. are the major companies operating in the Variable Frequency Drives Market. Read More

Which is the fastest growing region in Variable Frequency Drives Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Variable Frequency Drives Market?

In 2024, the Asia Pacific accounts for the largest market share in Variable Frequency Drives Market. Read More

What years does this Variable Frequency Drives Market cover, and what was the market size in 2023?

In 2023, the Variable Frequency Drives Market size was estimated at USD 25.30 billion. The report covers the Variable Frequency Drives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Variable Frequency Drives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Variable Frequency DrivesCompanies

This report lists the top Variable Frequency Drives companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Variable Frequency Drives industry.