Europe Frequency Converter Market Size & Outlook
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Europe frequency converter market highlights
- The Europe frequency converter market generated a revenue of USD 5,034.3 million in 2024.
- The market is expected to grow at a CAGR of 9.1% from 2025 to 2030.
- In terms of segment, static was the largest revenue generating type in 2024.
- Rotary is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 5,034.3 million |
| Market revenue in 2030 | USD 8,336.6 million |
| Growth rate | 9.1% (CAGR from 2025 to 2030) |
| Largest segment | Static |
| Fastest growing segment | Rotary |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotary, Static |
| Key market players worldwide | NR Electric USA, Georator, Aplab, ABB Ltd, Danfoss A/S, Siemens AG, KGS Electronics, General Electric, Magnus Power |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.4% of the global frequency converter market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,814.1 million by 2030.
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Frequency Converter Market Scope
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 |
Europe 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 73.59% in 2024. Horizon Databook has segmented the Europe frequency converter market based on rotary, static covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of frequency converter market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe frequency converter market , including forecasts for subscribers. This continent databook contains high-level insights into Europe frequency converter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe frequency converter market size, by country, 2018-2030 (US$M)
Europe Frequency Converter Market Outlook Share, 2024 & 2030 (US$M)
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