Global Frequency Converter Market Research Report – Forecast to 2023

Global Frequency Converter Market Research Report – Forecast to 2023

ID: MRFR/E&P/2327-HCRR | October, 2018 | Region: Global | 111 pages | Half-Cooked Research Reports

Frequency Converter Market by Type (Static and Rotary), by End-User (Aerospace & Defense, Power & Energy, Process Industry, Traction, Oil & Gas, and Marine/Offshore), Region (North America, Europe, Asia-Pacific and Rest of World) and by Global Forecast to 2023


Market Scenario:


A frequency converter is an electronic or electromechanical device that converts the frequency of alternating current according to the requirement of the appliance connected. It is used to manage the speed of a pump with frequency inverter. Furthermore, these converters can minimize the electrical and mechanical stress. A frequency converter plays an important role, in extending the durability of the motors, pumps and other equipment.


The growing demand for frequency converters in developing countries and economical systems is driving the frequency converter market worldwide. Currently, the device is used in industries such as aerospace & defense and process industry. The demand for economical devices in industries to enhance performance is expected to create further opportunities for the market. Varying worldwide electrical standards of main electricity supply, international trading, and growing demand for energy-efficient frequency converters are the main driving factors of the market.


The Frequency Converter Market is expected to grow with the CAGR of approximately 9% from 2017 to 2023.


Study Objectives of Frequency Converter Market:



  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global Frequency Converter market

  • To provide insights about factors affecting the market growth

  • To analyze the global Frequency Converter market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segments by material type, product, application and region

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Frequency Converter market


Market Segmentation:


 Frequency Converter Market Segmentation


Global Analysis:


Static frequency converters are expected to grow at a high pace in developing economies of regions such as Asia-Pacific and Middle East & Africa. As these regions  spend heavily on  infrastructural developments such as, manufacturing & production facilities, ports, and airports,  electrical equipment used  here need specific current frequency to run efficiently. So the need for efficient and clean process is expected to drive the demand for frequency converters.


Currently, Europe dominates the global frequency market due to extensive investments from countries such as Germany, France and United Kingdom into the development of the aerospace & defense, manufacturing, energy infrastructures and marine/offshore. The second largest market is North America.


Key Players:


The key players of Frequency Converter Market are Piller Group GmbH (Germany), ABB Ltd (Switzerland), Power Systems & Controls Inc (USA), Danfoss (Denmark), Aplab Ltd. (India), General Electric Company (USA), Sinepower (Portugal), Siemens (Germany) and Magnus Power Pvt. Ltd. (India).


Intended Audience:



  • Distributer & Supplier companies

  • End Users

  • Consultants and Investment bankers

  • Government as well as Independent Regulatory Authorities.


Product Analysis:



  • Product matrix which gives a detailed comparison of the market for different recycled product types.


Additional Information:



  • Regulatory Landscape.

  • Pricing Analysis.

  • Macroeconomic Indicators.


Geographic Analysis:



  • Geographical analysis across 15 countries.


Company Information:



  • Profiling of 9 key market players

  • In-depth analysis including SWOT analysis, and strategy information of related to report title

  • Competitive landscape including emerging trends adopted by major companies


The report for Frequency Converter Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents



1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model



3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Frequency converter Market, By Type

4.1 Introduction

4.2 Static

4.3 Rotary

5 Global Frequency converter Market, By End User

5.1 Introduction

5.2 Oil & Gas

5.3 Aerospace & Defense

5.4 Power & Energy

5.5 Process Industry

5.6 Traction

5.7 Marine/Offshore

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K.

6.3.2 France

6.3.3 Germany

6.3.4 Rest of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest of Asia-Pacific

6.5 Rest of the World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Application/Service Benchmarking

7.3 Piller Group GmbH (Germany)

7.3.1 Overview

7.3.2 Application/Service Offering

7.3.3 Strategy

7.4 ABB Ltd (Switzerland)

7.4.1 Overview

7.4.2 Application/Service Offering

7.4.3 Strategy

7.5 Power Systems & Controls Inc (USA)

7.5.1 Overview

7.5.2 Application/Service Offering

7.5.3 Strategy

7.6 Danfoss (Denmark)

7.6.1 Overview

7.6.2 Application/Service Offering

7.6.3 Strategy

7.7 Aplab Ltd. (India)

7.7.1 Overview

7.7.2 Application/Service Offering

7.7.3 Strategy

7.8 General Electric Company (USA)

7.8.1 Overview

7.8.2 Application/Service Offering

7.8.3 Strategy

7.9 Sinepower (Portugal)

7.9.1 Overview

7.9.2 Application/Service Offering

7.9.3 Strategy

7.10 Siemens (Germany)

7.10.1 Overview

7.10.2 Application/Service Offering

7.10.3 Strategy

7.11 Magnus Power Pvt. Ltd. (India)

7.11.1 Overview

7.11.2 Application/Service Offering

7.11.3 Strategy



LIST OF TABLES



TABLE 1 GLOBAL FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 2 GLOBAL FREQUENCY CONVERTER MARKET, BY END USER

TABLE 3 GLOBAL FREQUENCY CONVERTER MARKET, BY REGIONS

TABLE 4 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 5 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY END USER

TABLE 6 U.S. FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 7 U.S. FREQUENCY CONVERTER MARKET, BY END USER

TABLE 8 CANADA FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 9 CANADA FREQUENCY CONVERTER MARKET, BY END USER

TABLE 10 EUROPE FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 11 EUROPE FREQUENCY CONVERTER MARKET, BY END USER

TABLE 12 GERMANY FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 13 GERMANY FREQUENCY CONVERTER MARKET, BY END USER

TABLE 14 FRANCE FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 15 FRANCE FREQUENCY CONVERTER MARKET, BY END USER

TABLE 16 U.K. FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 17 U.K. FREQUENCY CONVERTER MARKET, BY END USER

TABLE 18 REST OF EUROPE FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 19 REST OF EUROPE FREQUENCY CONVERTER MARKET, BY END USER

TABLE 20 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 21 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY END USER

TABLE 22 ROW FREQUENCY CONVERTER MARKET, BY TYPE

TABLE 23 ROW FREQUENCY CONVERTER MARKET, BY END USER  



LIST OF FIGURES



FIGURE 1 RESEARCH APPLICATION

FIGURE 2 GLOBAL FREQUENCY CONVERTER MARKET: BY TYPE (%)

FIGURE 3 GLOBAL FREQUENCY CONVERTER MARKET: BY END USER (%)

FIGURE 4 GLOBAL FREQUENCY CONVERTER MARKET: BY REGION

FIGURE 5 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY TYPE (%)

FIGURE 6 NORTH AMERICA FREQUENCY CONVERTER MARKET, BY END USER (%)

FIGURE 7 EUROPE FREQUENCY CONVERTER MARKET, BY TYPE (%)

FIGURE 8 EUROPE FREQUENCY CONVERTER MARKET, BY END USER (%)

FIGURE 9 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY TYPE (%)

FIGURE 10 ASIA-PACIFIC FREQUENCY CONVERTER MARKET, BY END USER (%)

FIGURE 11 ROW FREQUENCY CONVERTER MARKET, BY TYPE (%)

FIGURE 12 ROW FREQUENCY CONVERTER MARKET, BY END USER (%)