Global Frequency Converter Market Size & Outlook

The global frequency converter market size was estimated at USD 25,954.3 million in 2024 and is projected to reach USD 44,505.9 million by 2030, growing at a CAGR of 9.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$25,954.3
Forecast, 2030 (US$M)
$44,505.9
CAGR, 2025 - 2030
9.7%
Report Coverage
Worldwide

Global frequency converter market highlights

  • The global frequency converter market generated a revenue of USD 25,954.3 million in 2024 and is expected to reach USD 44,505.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 9.7% by 2030.
  • In terms of segment, static accounted for a revenue of USD 18,932.8 million in 2024.
  • Rotary is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 25,954.3 million
Market revenue in 2030USD 44,505.9 million
Growth rate9.7% (CAGR from 2025 to 2030)
Largest segmentStatic
Fastest growing segmentRotary
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRotary, Static

Other key industry trends

  • In terms of revenue, the North America accounted for 27.0% of the global frequency converter market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 4,380.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Frequency Converter Market Companies

Name Profile # Employees HQ Website
Magnus Power View profile 101-250 Bangalore, Karnataka, India, Asia https://magnuspower.com
KGS Electronics View profile 11-50 Arcadia, California, United States, North America https://www.kgselectronics.com/
Aplab View profile 501-1000 Thane, Maharashtra, India, Asia http://www.aplab.com
Georator View profile 11-50 Warrior, Alabama, United States, North America https://www.georator.com/
General Electric View profile 10001+ Boston, Massachusetts, United States, North America http://www.ge.com
NR Electric USA View profile 1001-5000 Nanjing, Jiangsu, China, Asia https://www.nrelect.com
Danfoss A/S View profile 10001+ Nordborg, Syddanmark, Denmark, Europe https://www.danfoss.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com

Global frequency converter market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to frequency converter market will help companies and investors design strategic landscapes.


Static was the largest segment with a revenue share of 72.95% in 2024. Horizon Databook has segmented the Global frequency converter market based on rotary, static covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Frequency Converter Type Outlook (Revenue, USD Million, 2018-2030)
    • Static
    • Rotary
  • Global Frequency Converter Phase Outlook (Revenue, USD Million, 2018-2030)
    • Single Phase
    • Three Phase
  • Global Frequency Converter End Use Outlook (Revenue, USD Million, 2018-2030)
    • Aerospace & Defense
    • Power & Energy
    • Process Industry
    • Oil & Gas
    • HVAC
    • Others

Reasons to subscribe to Global frequency converter market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global frequency converter market databook

  • Our clientele includes a mix of frequency converter market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global frequency converter market , including forecasts for subscribers. This global databook contains high-level insights into Global frequency converter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global frequency converter market size, by regions, 2018-2030 (US$M)

Top 10 countries: Frequency converter market size, 2024 (US$M)

Global frequency converter market share, by type, 2024 & 2030 (%, US$M)

Frequency converter market: Opportunity assessment by country

Global frequency converter market, by region, 2024 (US$M)

Global frequency converter market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online