세계의 주파수 변환기 시장 : 유형별, 최종 이용 산업별, 지역별(2025-2033년)

The global frequency converter market size reached USD 25.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 44.4 Billion by 2033, exhibiting a growth rate (CAGR) of 5.89% during 2025-2033.

Frequency converters or frequency changers are electromechanical equipments that are used to convert alternating current (AC) of one frequency to another frequency. It is a power conversion device that transforms a fixed frequency and voltage sine-wave power or line power into a variable frequency and variable voltage output. They use a combination of semiconductors and diodes to facilitate proper frequency change. The key function is to manipulate the speed, torque and process temperature without using a separate controller and reduce the electric and mechanical stress on the equipment and its sub-components. It minimizes the maintenance costs of equipment and eliminates the need for additional throttle valves and dampers.

Rising industrial usage of frequency converters is one of the key factors driving their market growth. There is an increasing demand for efficient electric machinery and technologically advanced equipment in the developing countries. The development of high-speed rails that require frequency converters to control the speed of engines, pumps and fans are further catalyzing the growth of the market. Furthermore, the equipment is also being extensively used in the aerospace and defense industry where it is used for monitoring the activities of refinement axes. In the manufacturing sector, these converters are used to operate electrical machinery at varying speeds to enhance performance and overall productivity. Additionally, with the increasing trend of offshore wind power generation, the demand for the product has significantly grown. Moreover, product innovations such as the integration of advanced output filters that dampen the common mode currents and simultaneously change the phase-to-phase voltage into a sinusoidal signal are also contributing to the growth of the market.

Key Market Segmentation:

Breakup by Type:

• Static Frequency Converter
• Rotary Frequency Converter

Breakup by End Use Industry:

• Aerospace and Defense
• Power and Energy
• Oil and Gas
• Traction
• Marine/Offshore
• Process Industry
• Others

Breakup by Region:

• Europe
• North America
• Asia Pacific
• Middle East and Africa
• Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB Asea Brown Boveri Ltd., General Electric (GE) Company, Aplab Limited, Siemens AG, Danfoss A/S, Magnus Power Private Limited, Georator Corporation, Advance Electronic Labs., Corp., Piller Group (Langley Holdings PLC), NR Electric Co. Ltd., KGS Electronics, Inc., Avionic Instruments LLC, Power System & Controls, Inc., and Shenzhen Sinepower Technology Co., Ltd.

Key Questions Answered in This Report

• 1.What was the size of the global frequency converter market in 2024?
• 2.What is the expected growth rate of the global frequency converter market during 2025-2033?
• 3.What has been the impact of COVID-19 on the global frequency converter market?
• 4.What are the key factors driving the global frequency converter market?
• 5.What is the breakup of the global frequency converter market based on the type?
• 6.What is the breakup of the global frequency converter market based on the end use industry?
• 7.What are the key regions in the global frequency converter market?
• 8.Who are the key players/companies in the global frequency converter market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Frequency Converter Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Type
• 5.5 Market Breakup by End Use Industry
• 5.6 Market Breakup by Region
• 5.7 Market Forecast

6 Market Breakup by Type

• 6.1 Static Frequency Converter
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Rotary Frequency Converter
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by End Use Industry

• 7.1 Aerospace and Defense
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Power and Energy
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Oil and Gas
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Traction
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Marine/Offshore
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Process Industry
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Others
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Market Breakup by Region

• 8.1 Europe
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 North America
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Asia Pacific
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Middle East and Africa
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Latin America
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 SWOT Analysis

• 9.1 Overview
• 9.2 Strengths
• 9.3 Weaknesses
• 9.4 Opportunities
• 9.5 Threats

10 Value Chain Analysis

11 Porter's Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 ABB Asea Brown Boveri Ltd.
  • 13.3.2 General Electric (GE) Company
  • 13.3.3 Aplab Limited
  • 13.3.4 Siemens AG
  • 13.3.5 Danfoss A/S
  • 13.3.6 Magnus Power Private Limited
  • 13.3.7 Georator Corporation
  • 13.3.8 Advance Electronic Labs., Corp.
  • 13.3.9 Piller Group (Langley Holdings PLC)
  • 13.3.10 NR Electric Co. Ltd
  • 13.3.11 KGS Electronics, Inc.
  • 13.3.12 Avionic Instruments LLC
  • 13.3.13 Power System & Controls, Inc.
  • 13.3.14 Shenzhen Sinepower Technology Co., Ltd.