가변 주파수 드라이브(VFD) 시장 : 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Variable Frequency Drives Market size is estimated at USD 27.98 billion in 2025, and is expected to reach USD 35.74 billion by 2030, at a CAGR of 5.02% during the forecast period (2025-2030).

Key Highlights

• Rapid Industrialization Driving VFD Adoption Across Industries:The Variable Frequency Drives (VFD) market is witnessing accelerated growth due to rapid industrialization, especially in emerging economies. For example, China's industrial production surged by 9.6% in 2021, and the country aims to produce 35 million automotive units by 2025. This expansion is creating significant opportunities for VFD deployment across various sectors. The rise of automation in manufacturing is further boosting the market, with the International Federation of Robotics predicting that global industrial robot installations will increase to 518,000 units by 2024.
• Automation driving growth: Smart manufacturing initiatives such as India's SAMARTH Udyog Bharat 4.0 are raising awareness of Industry 4.0, which in turn is increasing automation adoption.
• Emerging industries: VFDs are increasingly being used in new applications, such as carbon capture and hydrogen generation, broadening their reach.
• Government support: Collaborations between VFD manufacturers and government agencies are accelerating market expansion, as seen in Danfoss' partnership with Kolkata and Chennai Metro Rail projects.
• Energy Efficiency: A Key Driver for VFD Market Growth:The growing emphasis on energy efficiency is another critical driver of VFD market growth. According to the International Energy Agency, electric motors consume nearly 40% of the energy used in power industries. VFDs enhance energy efficiency, particularly when paired with motors in variable torque load applications like pumps and fans. By adjusting motor speed, VFDs can significantly reduce energy consumption.
• Energy-saving potential: ABB's whitepaper suggests that energy-efficient motors and VFDs could cut global electricity consumption by 10%.
• Regulatory support: The European Union's updated Energy Efficiency Directive targets a 30% improvement in energy efficiency by 2030, up from 20% in 2020.
• Carbon reduction: The European Commission's 'Fit for 55' initiative is pushing for lower carbon emissions, which is driving VFD deployment in energy-conscious sectors.
• Technological Advancements Enhancing VFD Capabilities: Technological progress is accelerating the adoption of VFDs across industries. Modern drives come equipped with advanced networking and diagnostic capabilities, which enhance productivity and reduce operational costs. For instance, integrating motor-driven systems with VFDs can cut per-square-foot energy consumption by up to 40% in commercial buildings.
• Product innovation: Rockwell Automation introduced upgraded PowerFlex 6000T VFDs in 2022, enhancing performance for high-speed motor applications.
• New releases: Emerson's 2021 Copeland VFD line and ABB's compact ACS1000i (2022) are designed for industrial refrigeration and space-constrained environments, respectively.
• Industry-specific applications: These advancements are increasing the reliability of VFDs in sectors like water and power management.
• Market Segmentation and Regional Insights: The VFD market is divided by voltage type, end-user industry, and geography. Low voltage VFDs held a 61.02% market share in 2021 and are expected to grow to USD 18.52 billion by 2027 at a CAGR of 5.1%. The energy and power sector remains the largest end-user, accounting for nearly 29% of the market in 2021, with projected growth to USD 8.68 billion by 2027.
• Asia-Pacific leads the way: The region held a 42.18% share in 2021 and is expected to grow to USD 13.67 billion by 2027, at a 6.2% CAGR.
• Sector dominance: Low-voltage VFDs dominate sectors such as food and beverage, oil and gas, and mining.
• Energy efficiency in HVAC: The HVAC industry is a notable adopter, where VFDs are capable of cutting energy use by 25% in pump applications, demonstrated in projects like the Birmingham Hippodrome theater.
• Investment and Innovation in the VFD Market: Market leaders are actively investing in R&D, production capabilities, and distribution networks to increase market share. Innovation is focused on developing energy-efficient, cost-effective VFDs to enhance their usability across industries.
• New products: Bison Gear & Engineering Corp. released a versatile new VFD in 2022, targeting industrial and outdoor applications.
• Market expansion: WEG introduced the CFW900 VFD in 2022, combining increased power density with simplified design.
• Portfolio expansion: Danfoss Drives expanded its medium-voltage offerings with the VACON 1000 drive in 2021.

Variable Frequency Drives Market Trends

Low Voltage Segment to Dominate the Market

The low-voltage segment is the largest in the VFD market, accounting for 61.02% of the total market share in 2021. This segment is forecasted to grow from USD 14.45 billion in 2022 to USD 20.04 billion by 2029, with a CAGR of 5.1%.

• Energy efficiency in focus: Low-voltage VFDs help optimize energy use across multiple industries, including commercial buildings, which account for 40% of U.S. energy consumption.
• Regulatory push: Government policies like the EU's Tier-2 Ecodesign Directive (2021) and the European Green Deal are driving adoption of VFDs in energy-intensive industries.
• Technological innovations: Advanced VFDs now come with features like braking methods, power boost during ramp-up, and advanced controls during ramp-down.
• Industry application: The food processing industry is a major adopter, with Invertek's Optidrive E3 being installed for airflow management at Kuala Lumpur's Pilgrim Assembly Point Terminal.

Asia Pacific The Fastest-Growing Regional Segment

Asia-Pacific is the fastest-growing region for VFD adoption, with projected growth from USD 10.10 billion in 2022 to USD 15.39 billion by 2029 at a CAGR of 6.2%.

• Industrial development: Rapid automation and industrial growth in China are driving significant VFD demand in the region.
• Energy regulations: Strict government policies around energy efficiency are creating growth opportunities in countries like China and India.
• Strategic partnerships: Companies are expanding in the region, with Rockwell Automation partnering with Singapore-based CAD-IT in 2021 to provide smart manufacturing solutions in Southeast Asia.
• HVAC sector expansion: The growing market for HVAC systems in urbanizing regions is driving VFD demand, as seen in Grundfos' 2021 partnership with BBP for sustainable cooling in Southeast Asia.

Variable Frequency Drives Industry Overview

Variable Frequency Drives Market: Competitive Landscape Analysis

Global players dominate a consolidated market:

The VFD market is dominated by global conglomerates, with a few major players controlling a significant share. Valued at USD 21.82 billion in 2021, the market is expected to reach USD 30.17 billion by 2027, growing at a CAGR of 5.0%. The primary growth drivers include industrialization and increased VFD adoption in energy-intensive sectors such as HVAC, which can reduce energy usage by 30-40% in commercial buildings.

Market leaders: Companies like ABB, Siemens, Schneider Electric, Danfoss, and Rockwell Automation lead the VFD market.

Product focus: These firms invest heavily in R&D to develop energy-efficient solutions, such as ABB's ACS1000i and Siemens' regenerative energy drives.

Technological innovation: Siemens and Schneider Electric focus on VFDs with enhanced communication capabilities for remote monitoring and diagnostics.

Strategies for future success in the VFD market:

Technological innovation, expanding applications, and energy efficiency remain key strategies for success in the VFD market. The integration of AI and machine learning is simplifying VFD commissioning and optimizing performance.

Emerging opportunities: VFD applications in transportation, hydrogen production, and carbon capture are expanding, offering new avenues for growth.

Decentralization trend: Companies are developing decentralized VFDs built directly into motors, reducing installation costs and complexity.

IIoT integration: Connected VFDs are becoming essential, providing real-time data analytics and enhancing operational efficiency in industries adopting the Industrial Internet of Things (IIoT).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Value Chain Analysis
• 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3.1 Bargaining Power of Suppliers
  • 4.3.2 Bargaining Power of Buyers
  • 4.3.3 Threat of New Entrants
  • 4.3.4 Threat of Substitutes
  • 4.3.5 Degree of Competition
• 4.4 Technology Snapshot
  • 4.4.1 By Type
    • 4.4.1.1 AC Drives
    • 4.4.1.2 DC Drives
• 4.5 Assessment of the Impact of Macroeconomic Trends on the Market

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Rapid Industrialization and Increased Use of VFDs across Major Vertical Industries
  • 5.1.2 Automation driving growth
  • 5.1.3 Technological Advancements Enhancing VFD Capabilities
• 5.2 Market Restraints
  • 5.2.1 Technical Concerns of the Equipment
  • 5.2.2 High Cost of the Equipment
  • 5.2.3 Cybersecurity Apprehensions

6 MARKET SEGMENTATION

• 6.1 By Voltage Type
  • 6.1.1 Low Voltage
  • 6.1.2 Medium and High Voltage
• 6.2 By End-user Industry
  • 6.2.1 Infrastructure
  • 6.2.2 Food Processing
  • 6.2.3 Energy and Power
  • 6.2.4 Mining and Metals
  • 6.2.5 Pulp and Paper
  • 6.2.6 Other End-user Industries
• 6.3 By Geography
  • 6.3.1 North America
    • 6.3.1.1 United States
    • 6.3.1.2 Canada
  • 6.3.2 Europe
    • 6.3.2.1 United Kingdom
    • 6.3.2.2 Germany
    • 6.3.2.3 France
    • 6.3.2.4 Rest of Europe
  • 6.3.3 Asia Pacific
    • 6.3.3.1 China
    • 6.3.3.2 India
    • 6.3.3.3 Japan
    • 6.3.3.4 Rest of the Asia Pacific
  • 6.3.4 Latin America
  • 6.3.5 Middle East and Africa

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Eaton Corporation
  • 7.1.2 ABB Ltd
  • 7.1.3 Crompton Greaves Ltd
  • 7.1.4 Honeywell International Inc.
  • 7.1.5 Rockwell Automations Inc.
  • 7.1.6 Hitachi Group
  • 7.1.7 Siemens AG
  • 7.1.8 Mitsubishi Corporation
  • 7.1.9 Toshiba Corporation
  • 7.1.10 Schneider Electric SE
  • 7.1.11 Johnson Controls Inc.
  • 7.1.12 Nidec Corporation
  • 7.1.13 Danfoss AS

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET