Market revenue in 2023 | USD 2,108.9 million |
Market revenue in 2030 | USD 3,211.4 million |
Growth rate | 6.2% (CAGR from 2023 to 2030) |
Largest segment | Ac drives |
Fastest growing segment | AC Drives |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 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 |
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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 66.99% in 2023. Horizon Databook has segmented the Japan variable frequency drive market based on ac drives, dc drives, servo drives covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan variable frequency drive market , including forecasts for subscribers. This country databook contains high-level insights into Japan variable frequency drive market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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