Australia Variable Frequency Drive Market Size & Outlook
Related Markets
Australia variable frequency drive market highlights
- The Australia variable frequency drive market generated a revenue of USD 828.5 million in 2024 and is expected to reach USD 1,163.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 6% from 2025 to 2030.
- In terms of segment, ac drives was the largest revenue generating product in 2024.
- Servo Drives is the most lucrative product segment registering the fastest growth during the forecast period.
Variable frequency drive market data book summary
| Market revenue in 2024 | USD 828.5 million |
| Market revenue in 2030 | USD 1,163.0 million |
| Growth rate | 6% (CAGR from 2025 to 2030) |
| Largest segment | Ac drives |
| Fastest growing segment | Servo Drives |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | AC Drives, DC Drives, Servo Drives |
| Key market players worldwide | ABB Ltd, Eaton Corp PLC, GE Aerospace, Hitachi Ltd, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Danfoss A/S, Weg SA ADR, YASKAWA Electric Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 2.9% of the global variable frequency drive market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan variable frequency drive market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,978.5 million by 2030.
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Variable Frequency Drive Market Scope
Variable Frequency Drive Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Weg SA ADR | View profile | 40793 | Avenida Prefeito Waldemar Grubba, No. 3300, Jaragua do Sul, SC, Brazil, 89256-900 | https://www.weg.net |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| YASKAWA Electric Corp | View profile | 15022 | 2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, Japan, 806-0004 | http://www.yaskawa.co.jp |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.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 |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Australia variable frequency drive 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 variable frequency drive market will help companies and investors design strategic landscapes.
Ac drives was the largest segment with a revenue share of 69.31% in 2024. Horizon Databook has segmented the Australia variable frequency drive market based on ac drives, dc drives, servo drives covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Variable Frequency Drive Product Outlook (Revenue, USD Million, 2018-2030)
- AC Drives
- DC Drives
- Servo Drives
- Australia Variable Frequency Drive Power Range Outlook (Revenue, USD Million, 2018-2030)
- Micro (0-5 kW)
- Low (6-40 kW)
- Medium (41-200 kW)
- High (>200 kW)
- Australia Variable Frequency Drive Application Outlook (Revenue, USD Million, 2018-2030)
- Pumps
- Electric Fans
- Conveyers
- HVAC
- Extruders
- Others
- Australia Variable Frequency Drive End Use Outlook (Revenue, USD Million, 2018-2030)
- Oil & Gas
- Power Generation
- Industrial
- Infrastructure
- Automotive
- Food & Beverages
- Others
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Target buyers of Australia variable frequency drive market databook
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Our clientele includes a mix of variable frequency drive market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia variable frequency drive market , including forecasts for subscribers. This country databook contains high-level insights into Australia variable frequency drive market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia variable frequency drive market size, by product, 2018-2030 (US$M)
Australia Variable Frequency Drive Market Outlook Share, 2024 & 2030 (US$M)
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