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MEA Variable Frequency Drive Market

Report Code EP 9391
Published in May, 2025, By MarketsandMarkets™
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MEA Variable Frequency Drive Market by Type (AC Drive, DC Drive, Servo Drive), Application (Pumps, Fans & Blowers, Compressors, Conveyors, Others), Power Rating (Micro, Low, Medium, High), Voltage, End User, and Region - Global Trends & Forecast to 2030

 

Overview

The MEA variable frequency drive market is projected to reach USD 1.29 billion by 2030 from an estimated USD 0.98 billion in 2025, at a CAGR of 5.6% during the forecast period (2025–2030). The market is driven by increased industrial automation and energy-saving requirements. In the manufacturing, oil & gas, and other sectors, VFD maximizes motor performance and also reduces operating costs and energy consumption. The demand for complicated control systems, along with the escalating infrastructure expansion, establishes VFDs as vital instruments for automation and energy management in various industries.

MEA Variable Frequency Drive Market

Attractive Opportunities in the MEA Variable Frequency Drive Market

Middle East & Africa Region

South Africa is projected to emerge as the largest market for variable frequency drives in the Middle East & Africa region. The market in the region is driven by rising industrial automation and energy efficiency mandates.

The MEA variable frequency drive market is witnessing significant expansion, driven by the region’s rising demand for energy-efficient solutions, growing adoption of smart manufacturing practices, and large-scale infrastructure investments across the utilities, oil & gas, and transportation sectors.

Product launches, technological advancements, and emergence of new technologies will offer robust opportunities for market players in the next five years.

The growth of the variable frequency drive market can be attributed to rapid industrialization, infrastructure development, automation, and rising need for energy efficiency in manufacturing, oil & gas, and other sectors.

Fluctuating prices of raw materials are expected to impact the revenue of manufacturers of variable frequency drive globally.

Global MEA Variable Frequency Drive Market Dynamics

Driver: Expansion of oil & gas projects in Saudi Arabia

Saudi Arabia's commitment to expanding its oil & gas sector, as part of its Vision 2030, is a significant driver for the variable speed drive market in the Middle East & Africa. The kingdom's strategy focuses on increasing production capacity, boosting gas exploration, and investing in clean energy technologies, all of which necessitate advanced motor control systems that enhance operational efficiency and optimize energy use.

Here are some notable oil and gas projects set to shape Saudi Arabia's energy landscape:

  • Jafurah Gas Project: With an expected production of 2 billion cubic feet per day (bcf/d) by 2030, the Jafurah Gas Project aims to reduce Saudi Arabia's reliance on crude oil for domestic energy consumption. VSDs are essential for optimizing the performance of compressors and pumps throughout the gas processing and transportation infrastructure, ensuring efficient energy use and reliable operation in these high-demand environments.
  • Zuluf Offshore Oil Field Expansion: Targeting an increase in production capacity by 600,000 bpd, the Zuluf field expansion requires robust and reliable motor control systems. VSDs will be deployed to manage the speed and torque of pumps and other critical equipment.
  • Marjan Oil Field Expansion: This project aims to increase oil production capacity by 300,000 bpd, alongside significant increases in natural gas and associated liquids production. VSDs will be integral in controlling the speed of pumps and compressors, optimizing energy consumption, and ensuring efficient operation across both oil and gas production processes.
  • Berri Oil Field Development: Expanding production by 250,000 bpd, the Berri development includes new gas oil separation plants (GOSP) and pipelines. VSDs will manage the flow and pressure of oil and gas.
  • Safaniyah Offshore Oil Field Expansion: As the world's largest offshore oil field, Safaniyah's expansion aims to boost production capacity by 400,000 bpd. The deployment of VSDs is critical for controlling and optimizing the performance of large pumps and other equipment, ensuring the field's long-term viability and enhancing Saudi Arabia's offshore production capabilities.

Restraint: Unstable power supply in Africa

Africa's power supply instability is rooted in systemic issues such as aging infrastructure, underinvestment, and governance failures. Countries like South Africa face frequent load-shedding (planned blackouts to prevent grid collapse), with over 3,212 hours of outages in 2022 alone. State-owned utility Eskom, plagued by corruption and mismanagement, struggles with coal theft, vandalism, and outdated plants, leading to chronic energy shortages. Diesel generators have become a costly stopgap, with businesses spending 7–8 times more than grid power, while rural areas lack access entirely. As per an article by The Exchange in 2024, Africa remains the most energy-deficient continent, with approximately 75% of its population lacking access to electricity. As of 2021, 43% of Africans, roughly 600 million people, were without access to electricity, with 590 million in sub-Saharan Africa. Consequently, nearly half of the continent's population is unable to use basic electrical appliances. This instability directly restrains variable speed drive adoption in the MEA. Voltage fluctuations from unreliable grids damage VSDs, reducing their lifespan and efficiency. Industries in Africa hesitate to invest in VSDs due to high upfront costs and risks of motor failures, compounded by frequent generator use, which diverts budgets to fuel rather than energy-efficient technologies. Maintenance challenges worsen as technicians prioritize crisis management over preventive care, and theft of grid components like copper cables disrupts operations further. Even in the Middle East, where grids are more stable, regional supply chain disruptions and fragmented infrastructure planning slow VSD integration.

 

Opportunities: Implementation of wastewater treatment programs in various countries

The water & wastewater treatment industry in the Middle East & Africa is rapidly expanding, driven by acute water scarcity, population growth, and the need for sustainable resource management. Countries in the region are investing heavily in large-scale wastewater treatment and reuse projects to address these challenges. For instance, Saudi Arabia has launched major independent sewage treatment plants (ISTPs) such as Madinah 3, Buraydah 2, and Tabuk 2, with long-term procurement agreements and a focus on recycling wastewater for agriculture, zero-sludge-dispatch, and significant integration of renewable energy sources, according to an article by Acciona in 2023. These projects are not only critical for water security but also align with national sustainability goals and green financing trends, as evidenced by the USD 480 million in green loans and the use of Islamic project finance. The operational demands of modern wastewater treatment plants, such as precise control of pumps, blowers, and mixers, make variable speed drives indispensable. In the Middle East, where energy-intensive tertiary and polishing treatments are common, VSDs help mitigate high energy requirements and support the integration of renewable electricity. This not only lowers greenhouse gas emissions but also enhances the resilience and sustainability of water infrastructure. Across the region, the push for water reuse and advanced treatment is creating further opportunities for VSD adoption. In Dubai, record-breaking sewerage mega-projects are underway, while Jordan is maintaining its water project pipeline despite international funding challenges. South Africa is calling for municipal water reuse project ideas. These initiatives require sophisticated automation and control systems, with VSDs playing a central role in optimizing the performance of pumps and aeration systems.

Challenges: Lack of skilled workforce for installation, programming, and maintenance

The installation, programming, and maintenance of variable speed drives require expertise. Variable speed drives play a crucial role in optimizing motor control and improving energy efficiency in industries. However, their complexity necessitates trained professionals who can configure drive parameters, troubleshoot faults, and integrate them with broader industrial automation systems. The growing demand for automation in manufacturing, HVAC, and other industries has outpaced the availability of skilled technicians and engineers proficient in VFD operation and diagnostics. This gap often leads to improper installation, inefficient system performance, and increased downtime, reducing the overall effectiveness of VFD adoption in industrial applications. This skill shortage is particularly pronounced in areas such as industrial networking, IIoT integration, and predictive maintenance, which are becoming increasingly important for modern VFD systems. As variable speed drive is now equipped with advanced communication protocols and remote monitoring capabilities, companies require professionals to manage and analyze real-time data for system optimization. Without a well-trained workforce, industries may struggle to fully leverage the benefits of variable speed drives, limiting their potential for energy savings and operational efficiency. To address this challenge, governments, industry leaders, and educational institutions must invest in targeted training programs, certifications, and apprenticeships.

Global MEA Variable Frequency Drive Market Ecosystem Analysis

Key participants in this industry are established and financially stable manufacturers. Some of the major companies in this market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US). These companies have distinctive product portfolios, advanced manufacturing technologies, and a strong sales and marketing network.

Top Companies in MEA Variable Frequency Drive Market

Note: The above diagram only shows the representation of the MEA Variable Frequency Drive Market ecosystem; it is not limited to the companies represented above.
Source: Secondary Research and MarketsandMarkets Analysis

 

AC drives to register highest CAGR during forecast period

There is growing demand for AC drives in various industries in the Middle East & Africa. These drives are widely used for effectively controlling the speed and torque of motors. They offer flexibility and are energy efficient, which makes them very suitable for pumps, fans, and conveyors used in industries such as water treatment, HVAC, oil & gas, and mining. AC drives enable optimization of energy use according to the output requirement, which entails cost savings and improved energy efficiency. In addition, the growing trend of merging automation systems with IoT is improving the reliability and sustainability of industrial processes.

Low power drive segment to account for largest market share during forecast period

The low power variable frequency drive segment is projected to register the highest growth in the Middle East & Africa. The high growth for this segment is attributed to the demand in several small-scale industrial, commercial, and residential facilities. These drives are implemented in HVAC systems, pumps, and fans, where energy consumption is moderate but precise speed control is essential. Low power drives are preferred for their cost-effectiveness and high energy efficiency, especially in industries where there is a need to cut operational costs. As industrialization increases and energy efficiency becomes a strategic issue, the demand for low-power VFDs is expected to be high in the Middle East & Africa region.

Nigeria to account for second-largest market share during forecast period

Nigeria is estimated to be the second-largest market variable frequency drive in the MEA region. The country’s expanding industrial base, growing demand for energy-efficient technologies, and large-scale infrastructure projects are driving the adoption of variable frequency drives. Government initiatives aimed at improving power reliability and reducing energy losses further support the market growth. With rising investments in manufacturing, oil & gas, and commercial sectors, Nigeria is positioned to be a major consumer of VFD across the region, supported by increasing awareness of operational efficiency and sustainability.

HIGHEST CAGR (2025–2030)
SOUTH AFRICA: FASTEST-GROWING MARKET IN REGION
MEA Variable Frequency Drive Market by region

Recent Developments of MEA Variable Frequency Drive Market

  • In January 2025, Yaskawa Electric Corporation launched new Advanced Safety Modules (ASM-X) for its AC servo drive Σ-X series, along with servo motors featuring functional safety. THE Σ-X series AC servo drives by Yaskawa are used in semiconductor and LCD manufacturing, electronics assembly, packaging, metal processing, machine tools, and industrial robotics.
  • In September 2024, Rockwell Automation introduced PowerFlex 755TS frame 7A drives with TotalFORCE technology. This technology expands the power range to 355 kW and provides a new panel-mount solution for high horsepower applications. The PowerFlex 755TS Frame 7A drives with TotalFORCE technology by Rockwell Automation are utilized in the oil & gas, food & beverage, and manufacturing sectors.
  • In April 2024, ABB launched a product that is utilized for outdoor installation and extreme environments in the HVACR industry. The product is certified to UL Type 4X, which ensures protection against rain, cold, snow, salt spray, and dust as well as corrosion due to caustic chemicals, gases, and damage from the formation of exterior ice, high levels of humidity, or UV radiation.
  • In March 2024, Siemens signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst. This business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. This acquisition will complement the Siemens Xcelerator portfolio and strengthen Siemens' position as a leading solutions provider for flexible production automation.

Key Market Players

List of Top MEA Variable Frequency Drive Market Companies

The MEA Variable Frequency Drive Market is dominated by a few major players that have a wide regional presence. The major players in the MEA Variable Frequency Drive Market are

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Scope of the Report

Report Attribute Details
Market size available for years 2021–2030
Base year considered 2024
Forecast period 2025–2030
Forecast units Value (USD Million) and Volume (Thousand Units)
Segments Covered Type, End User, Power Rating, Application, Voltage, and Region
Regions covered Middle East & Africa

Key Questions Addressed by the Report

What is the current size of the MEA variable frequency drive market?

The market size for MEA variable frequency drive is estimated to be USD 0.98 billion in 2025.

What are the major drivers for the MEA variable frequency drive market?

The MEA variable frequency drive market is driven by increasing industrialization and growing demand for energy efficiency, rising need for enhancing energy efficiency and decreasing energy consumption, and a supportive regulatory environment for efficient and effective energy utilization.

Which will be the largest segment, by voltage, in the MEA variable frequency drive market during the forecast period?

The MEA VFD market is dominated by the low-voltage segment. Cost-effective and easily compatible with global low-voltage power systems, these VFDs are critical in HVAC, pump, and conveyor applications where energy efficiency and performance optimization are of prime importance. Initiatives by the international community for energy-efficient solutions and increasing industrial automation have further intensified the demand for low-voltage drives.

Which is the largest application in the MEA variable frequency drive market during the forecast period?

The pumps segment is estimated to account for the largest share of the overall market during the forecast period. This dominance is attributed to the wide usage of pumps in water & wastewater treatment, oil & gas, HVAC, and agriculture sectors. VFDs allow the speed of pumps to be accurately controlled, thereby saving energy while also reducing mechanical stress and enhancing system efficiency.

Which is the largest end user in the variable frequency drive market during the forecast period?

In the Middle East & Africa, the power sector is projected to be the leading end user of variable frequency drives (VFDs) throughout the forecast period. This dominance is driven by the region's ongoing efforts to expand electricity generation capacity, integrate renewable energy sources, and improve grid efficiency. VFDs play a crucial role in optimizing the performance of power generation and distribution systems by enabling better motor control, reducing energy consumption, and minimizing equipment wear. As countries invest heavily in modernizing their power infrastructure to meet growing energy demand, the adoption of VFDs in this sector is expected to surge significantly.

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
23
RESEARCH METHODOLOGY
28
EXECUTIVE SUMMARY
42
PREMIUM INSIGHTS
47
MARKET OVERVIEW
51
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Expansion of oil and gas projects in Saudi Arabia
    - Increasing investments in clean energy in Middle East & Africa
    RESTRAINTS
    - Unstable power supply in Africa
    - High installation and maintenance costs
    OPPORTUNITIES
    - Implementation of wastewater treatment programs in Middle Eastern countries
    - Surge in infrastructure and energy projects
    CHALLENGES
    - Lack of skilled workforce
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 VALUE CHAIN ANALYSIS
    RAW MATERIAL PROVIDERS/COMPONENT MANUFACTURERS/SUPPLIERS
    MANUFACTURERS/ASSEMBLERS
    DISTRIBUTORS/RESELLERS
    END USERS
    MAINTENANCE/SERVICE PROVIDERS
  • 5.5 ECOSYSTEM ANALYSIS
  • 5.6 CASE STUDY ANALYSIS
    MEDIUM-VOLTAGE VFD FOR PREHEATER HELPED CEMENT PLANT ACHIEVE SUBSTANTIAL ENERGY SAVINGS
    11 KV MOTOR FOR 6.6 KV VFD WITH STAR-DELTA SOLUTION ADDRESSED VOLTAGE INCOMPATIBILITY
    OPTIDRIVE P2 VFD FOR 450 KW MOTOR ENHANCED BALL MILL EFFICIENCY IN IRON ORE MINING
  • 5.7 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Direct torque control
    COMPLEMENTARY TECHNOLOGIES
    - Internet of Things
    ADJACENT TECHNOLOGIES
    - Harmonic filtering
  • 5.8 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND, BY POWER RATING
  • 5.9 REGULATORY LANDSCAPE
  • 5.10 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 850110)
    EXPORT SCENARIO (HS CODE 850110)
    IMPORT SCENARIO (HS CODE 850120)
    EXPORT SCENARIO (HS CODE 850120)
  • 5.11 PATENT ANALYSIS
  • 5.12 KEY CONFERENCES AND EVENTS, 2025
  • 5.13 INVESTMENT AND FUNDING SCENARIO
  • 5.14 PORTER'S FIVE FORCES ANALYSIS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF NEW ENTRANTS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.16 IMPACT OF AI/GENERATIVE AI
    ADOPTION OF AI/GENERATIVE AI IN VARIABLE FREQUENCY DRIVE MARKET
    IMPACT OF AI/GENERATIVE AI ON DRIVE TYPES, BY REGION
    IMPACT OF AI/GENERATIVE AI ON VARIABLE FREQUENCY DRIVE MARKET, BY REGION
  • 5.17 MACROECONOMIC OUTLOOK
    INTRODUCTION
    GDP TRENDS AND FORECAST
    INFLATION
  • 5.18 2025 US TARIFF
    INTRODUCTION
    KEY TARIFF RATES
    PRICE IMPACT ANALYSIS
    IMPACT ON MIDDLE EAST & AFRICA
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE
82
  • 6.1 INTRODUCTION
  • 6.2 AC DRIVE
    RISE IN INDUSTRIAL AUTOMATION TO DRIVE MARKET
  • 6.3 DC DRIVE
    SHIFT TOWARD PROCESS OPTIMIZATION TO DRIVE MARKET
  • 6.4 SERVO DRIVE
    ELEVATED DEMAND FOR SMART MANUFACTURING TO DRIVE MARKET
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE
90
  • 7.1 INTRODUCTION
  • 7.2 LOW VOLTAGE
    INCLINATION TOWARD SUSTAINABILITY TO DRIVE MARKET
  • 7.3 MEDIUM VOLTAGE
    EMPHASIS ON COST SAVINGS AND OPERATIONAL EFFICIENCY TO DRIVE MARKET
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING
96
  • 8.1 INTRODUCTION
  • 8.2 MICRO POWER DRIVE
    EXTENSIVE USE IN FOOD PROCESSING DUE TO LOW POWER REQUIREMENTS TO DRIVE MARKET
  • 8.3 LOW POWER DRIVE
    HIGH DEMAND FOR ENERGY EFFICIENCY ACROSS DIVERSE INDUSTRIES TO DRIVE MARKET
  • 8.4 MEDIUM POWER DRIVE
    ESTABLISHMENT OF NEW MANUFACTURING PLANTS TO DRIVE MARKET
  • 8.5 HIGH POWER DRIVE
    ONGOING DEVELOPMENTS IN STEEL AND MINING INDUSTRIES TO DRIVE MARKET
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION
105
  • 9.1 INTRODUCTION
  • 9.2 PUMPS
    NEED FOR ENERGY-EFFICIENT SOLUTIONS TO DRIVE MARKET
  • 9.3 FANS & BLOWERS
    ABILITY TO ENHANCE SYSTEM PERFORMANCE TO DRIVE MARKET
  • 9.4 COMPRESSORS
    SUBSTANTIAL ENERGY SAVINGS TO DRIVE MARKET
  • 9.5 CONVEYORS
    REDUCED MECHANICAL STRESS AND ADAPTABILITY TO DRIVE MARKET
  • 9.6 OTHER APPLICATIONS
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY END USER
116
  • 10.1 INTRODUCTION
  • 10.2 POWER
    GROWING EMPHASIS ON ENERGY EFFICIENCY TO DRIVE MARKET
  • 10.3 OIL & GAS
    SURGE IN INVESTMENTS TO DRIVE MARKET
  • 10.4 CHEMICALS & PETROCHEMICALS
    LOW OPERATIONAL COSTS AND REDUCED CARBON EMISSIONS TO DRIVE MARKET
  • 10.5 MINING & METAL
    ENVIRONMENTAL SUSTAINABILITY GOALS TO DRIVE MARKET
  • 10.6 CONSTRUCTION/INFRASTRUCTURE
    PRECISE CONTROL OVER ACCELERATION AND DECELERATION TO DRIVE MARKET
  • 10.7 FOOD & BEVERAGE
    STRINGENT SAFETY AND HYGIENE STANDARDS TO DRIVE MARKET
  • 10.8 AUTOMOTIVE
    DEPLOYMENT IN VEHICLE PRODUCTION TO DRIVE MARKET
  • 10.9 WATER & WASTEWATER TREATMENT
    FOCUS ON REGULATING SEWAGE TREATMENT TO DRIVE MARKET
  • 10.10 OTHER END USERS
MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY REGION
134
  • 11.1 MIDDLE EAST & AFRICA
    GCC
    - Saudi Arabia
    - UAE
    - Rest of GCC
    SOUTH AFRICA
    - Restructuring of oil & gas industry to drive market
    NIGERIA
    - Rapid reforms in power industry to drive market
    ZAMBIA
    - Robust mining industry and push for energy efficiency to drive market
    REST OF MIDDLE EAST & AFRICA
COMPETITIVE LANDSCAPE
169
  • 12.1 OVERVIEW
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • 12.3 REVENUE ANALYSIS, 2020–2024
  • 12.4 MARKET SHARE ANALYSIS, 2024
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 12.6 BRAND/PRODUCT COMPARISON
  • 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2024
    - Company footprint
    - Power rating footprint
    - Type footprint
    - Application footprint
  • 12.8 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
COMPANY PROFILES
186
  • 13.1 KEY PLAYERS
    SCHNEIDER ELECTRIC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ABB
    - Business overview
    - Products/Services/Solutions offered
    - MnM view
    SIEMENS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    DANFOSS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ROCKWELL AUTOMATION
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    GENERAL ELECTRIC
    - Business overview
    - Products/Services/Solutions offered
    WEG
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    YASKAWA ELECTRIC CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    HONEYWELL INTERNATIONAL INC.
    - Business overview
    - Products/Services/Solutions offered
    DELTA ELECTRONICS, INC.
    - Business overview
    - Products/Services/Solutions offered
    SUMITOMO HEAVY INDUSTRIES, LTD.
    - Business overview
    - Products/Services/Solutions offered
    TRIOL CORPORATION
    - Business overview
    - Products/Services/Solutions offered
APPENDIX
230
  • 14.1 KEY INDUSTRY INSIGHTS
  • 14.2 DISCUSSION GUIDE
  • 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.4 CUSTOMIZATION OPTIONS
  • 14.5 RELATED REPORTS
  • 14.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 USD EXCHANGE RATES, 2020–2024
  • TABLE 2 MIDDLE EAST & AFRICA VARIABLE SPEED DRIVE MARKET SNAPSHOT
  • TABLE 3 GCC COUNTRIES: LONG-TERM STRATEGIES FOR RENEWABLE ENERGY INTEGRATION
  • TABLE 4 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 5 AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY POWER RATING, 2021–2024 (USD/UNIT)
  • TABLE 6 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 7 IMPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • TABLE 8 EXPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • TABLE 9 IMPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • TABLE 10 EXPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • TABLE 11 PATENT ANALYSIS
  • TABLE 12 KEY CONFERENCES AND EVENTS, 2025
  • TABLE 13 IMPACT OF PORTER'S FIVE FORCES
  • TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE
  • TABLE 15 KEY BUYING CRITERIA, BY TYPE
  • TABLE 16 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
  • TABLE 17 ANNUAL PERCENTAGE CHANGE IN INFLATION RATE AS PER AVERAGE CONSUMER PRICE, BY REGION, 2024
  • TABLE 18 MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 19 MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 20 AC DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 21 AC DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 22 AC DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 23 AC DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 24 DC DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 25 DC DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 26 DC DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 27 DC DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 28 SERVO DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 29 SERVO DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 30 SERVO DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 31 SERVO DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 32 MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 33 MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 34 LOW VOLTAGE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 35 LOW VOLTAGE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 36 LOW VOLTAGE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 37 LOW VOLTAGE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 38 MEDIUM VOLTAGE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 39 MEDIUM VOLTAGE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 40 MEDIUM VOLTAGE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 41 MEDIUM VOLTAGE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 42 MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 43 MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 44 MICRO POWER DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 45 MICRO POWER DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 46 MICRO POWER DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 47 MICRO POWER DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 48 LOW POWER DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 49 LOW POWER DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 50 LOW POWER DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 51 LOW POWER DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 52 MEDIUM POWER DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 53 MEDIUM POWER DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 54 MEDIUM POWER DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 55 MEDIUM POWER DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 56 HIGH POWER DRIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 57 HIGH POWER DRIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 58 HIGH POWER DRIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 59 HIGH POWER DRIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 60 MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 61 MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 62 PUMPS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 63 PUMPS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 64 PUMPS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 65 PUMPS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 66 FANS & BLOWERS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 67 FANS & BLOWERS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 68 FANS & BLOWERS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 69 FANS & BLOWERS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 70 COMPRESSORS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 71 COMPRESSORS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 72 COMPRESSORS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 73 COMPRESSORS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 74 CONVEYORS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 75 CONVEYORS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 76 CONVEYORS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 77 CONVEYORS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 78 OTHER APPLICATIONS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 79 OTHER APPLICATIONS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 80 OTHER APPLICATIONS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 81 OTHER APPLICATIONS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 82 MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 83 MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 84 POWER: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 85 POWER: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 86 POWER: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 87 POWER: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 88 OIL & GAS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 89 OIL & GAS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 90 OIL & GAS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 91 OIL & GAS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 92 CHEMICALS & PETROCHEMICALS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 93 CHEMICALS & PETROCHEMICALS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 94 CHEMICALS & PETROCHEMICALS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 95 CHEMICALS & PETROCHEMICALS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 96 MINING & METAL: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 97 MINING & METAL: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 98 MINING & METAL: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 99 MINING & METAL: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 100 CONSTRUCTION/INFRASTRUCTURE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 101 CONSTRUCTION/INFRASTRUCTURE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 102 CONSTRUCTION/INFRASTRUCTURE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 103 CONSTRUCTION/INFRASTRUCTURE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 104 FOOD & BEVERAGE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 105 FOOD & BEVERAGE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 106 FOOD & BEVERAGE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 107 FOOD & BEVERAGE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 108 AUTOMOTIVE: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 109 AUTOMOTIVE: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 110 AUTOMOTIVE: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 111 AUTOMOTIVE: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 112 WATER & WASTEWATER TREATMENT: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 113 WATER & WASTEWATER TREATMENT: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 114 WATER & WASTEWATER TREATMENT: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 115 WATER & WASTEWATER TREATMENT: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 116 OTHER END USERS: MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 117 OTHER END USERS: MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 118 OTHER END USERS: MARKET, BY GCC, 2021–2024 (USD MILLION)
  • TABLE 119 OTHER END USERS: MARKET, BY GCC, 2025–2030 (USD MILLION)
  • TABLE 120 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 121 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 122 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 123 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 124 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 125 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 126 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 127 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 128 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 129 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 130 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 131 MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 132 GCC: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 133 GCC: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 134 GCC: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 135 GCC: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 136 GCC: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 137 GCC: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 138 GCC: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 139 GCC: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 140 GCC: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 141 GCC: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 142 SAUDI ARABIA: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 143 SAUDI ARABIA: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 144 SAUDI ARABIA: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 145 SAUDI ARABIA: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 146 SAUDI ARABIA: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 147 SAUDI ARABIA: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 148 SAUDI ARABIA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 149 SAUDI ARABIA: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 150 SAUDI ARABIA: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 151 SAUDI ARABIA: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 152 UAE: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 153 UAE: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 154 UAE: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 155 UAE: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 156 UAE: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 157 UAE: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 158 UAE: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 159 UAE: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 160 UAE: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 161 UAE: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 162 REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 163 REST OF GCC: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 164 REST OF GCC: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 165 REST OF GCC: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 166 REST OF GCC: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 167 REST OF GCC: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 168 REST OF GCC: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 169 REST OF GCC: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 170 REST OF GCC: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 171 REST OF GCC: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 172 SOUTH AFRICA: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 173 SOUTH AFRICA: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 174 SOUTH AFRICA: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 175 SOUTH AFRICA: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 176 SOUTH AFRICA: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 177 SOUTH AFRICA: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 178 SOUTH AFRICA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 179 SOUTH AFRICA: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 180 SOUTH AFRICA: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 181 SOUTH AFRICA: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 182 NIGERIA: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 183 NIGERIA: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 184 NIGERIA: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 185 NIGERIA: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 186 NIGERIA: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 187 NIGERIA: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 188 NIGERIA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 189 NIGERIA: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 190 NIGERIA: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 191 NIGERIA: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 192 ZAMBIA: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 193 ZAMBIA: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 194 ZAMBIA: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 195 ZAMBIA: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 196 ZAMBIA: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 197 ZAMBIA: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 198 ZAMBIA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 199 ZAMBIA: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 200 ZAMBIA: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 201 ZAMBIA: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 202 REST OF MIDDLE EAST & AFRICA: MARKET, BY VOLTAGE, 2021–2024 (USD MILLION)
  • TABLE 203 REST OF MIDDLE EAST & AFRICA: MARKET, BY VOLTAGE, 2025–2030 (USD MILLION)
  • TABLE 204 REST OF MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 205 REST OF MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 206 REST OF MIDDLE EAST & AFRICA: MARKET, BY POWER RATING, 2021–2024 (USD MILLION)
  • TABLE 207 REST OF MIDDLE EAST & AFRICA: MARKET, BY POWER RATING, 2025–2030 (USD MILLION)
  • TABLE 208 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 209 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 210 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2021–2024 (USD MILLION)
  • TABLE 211 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2025–2030 (USD MILLION)
  • TABLE 212 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • TABLE 213 MARKET: DEGREE OF COMPETITION, 2024
  • TABLE 214 POWER RATING FOOTPRINT
  • TABLE 215 TYPE FOOTPRINT
  • TABLE 216 APPLICATION FOOTPRINT
  • TABLE 217 MARKET: PRODUCT LAUNCHES, JANUARY 2020–JANUARY 2025
  • TABLE 218 MARKET: DEALS, JANUARY 2020– JANUARY 2025
  • TABLE 219 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
  • TABLE 220 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 221 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
  • TABLE 222 SCHNEIDER ELECTRIC: DEALS
  • TABLE 223 ABB: COMPANY OVERVIEW
  • TABLE 224 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 225 SIEMENS: COMPANY OVERVIEW
  • TABLE 226 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 227 SIEMENS: PRODUCT LAUNCHES
  • TABLE 228 DANFOSS: COMPANY OVERVIEW
  • TABLE 229 DANFOSS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 230 DANFOSS: PRODUCT LAUNCHES
  • TABLE 231 DANFOSS: DEALS
  • TABLE 232 ROCKWELL AUTOMATION: COMPANY OVERVIEW
  • TABLE 233 ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 234 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
  • TABLE 235 GENERAL ELECTRIC: COMPANY OVERVIEW
  • TABLE 236 GENERAL ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 237 WEG: COMPANY OVERVIEW
  • TABLE 238 WEG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 239 WEG: PRODUCT LAUNCHES
  • TABLE 240 YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
  • TABLE 241 YASKAWA ELECTRIC CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 242 YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
  • TABLE 243 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
  • TABLE 244 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 245 DELTA ELECTRONICS, INC.: COMPANY OVERVIEW
  • TABLE 246 DELTA ELECTRONICS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 247 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
  • TABLE 248 SUMITOMO HEAVY INDUSTRIES, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 249 TRIOL CORPORATION: COMPANY OVERVIEW
  • TABLE 250 TRIOL CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
LIST OF FIGURES
 
  • FIGURE 1 MARKET SEGMENTATION
  • FIGURE 2 RESEARCH DESIGN
  • FIGURE 3 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR VARIABLE FREQUENCY DRIVES IN MIDDLE EAST & AFRICA
  • FIGURE 4 BOTTOM-UP APPROACH
  • FIGURE 5 TOP-DOWN APPROACH
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY-SIDE ANALYSIS)
  • FIGURE 7 DATA TRIANGULATION
  • FIGURE 8 AC DRIVE TO BE LARGEST SEGMENT DURING FORECAST PERIOD
  • FIGURE 9 MEDIUM VOLTAGE SEGMENT TO GROW AT HIGHER CAGR THAN LOW VOLTAGE SEGMENT DURING FORECAST PERIOD
  • FIGURE 10 PUMPS TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
  • FIGURE 11 LOW POWER DRIVE SEGMENT TO SECURE LEADING POSITION DURING FORECAST PERIOD
  • FIGURE 12 POWER TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
  • FIGURE 13 INCREASING DEMAND FOR INFRASTRUCTURE DEVELOPMENTS TO DRIVE MARKET
  • FIGURE 14 AC DRIVE AND GCC SEGMENTS ACCOUNTED FOR SUBSTANTIAL SHARE IN 2024
  • FIGURE 15 LOW VOLTAGE SEGMENT TO BE LARGER THAN MEDIUM VOLTAGE SEGMENT IN 2030
  • FIGURE 16 LOW POWER DRIVE SEGMENT TO HOLD HIGHEST SHARE IN 2030
  • FIGURE 17 PUMPS SEGMENT TO BE PREVALENT IN 2030
  • FIGURE 18 POWER TO BE LEADING END-USE INDUSTRY IN 2030
  • FIGURE 19 MARKET DYNAMICS
  • FIGURE 20 SAUDI ARABIA: CONTRACTS AWARDED PER SECTOR, Q1 2024
  • FIGURE 21 DUBAI CLEAN ENERGY STRATEGY 2050
  • FIGURE 22 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 23 VALUE CHAIN ANALYSIS
  • FIGURE 24 ECOSYSTEM ANALYSIS
  • FIGURE 25 AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY POWER RATING, 2021–2024 (USD/UNIT)
  • FIGURE 26 IMPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • FIGURE 27 EXPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • FIGURE 28 IMPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • FIGURE 29 EXPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)
  • FIGURE 30 PATENT ANALYSIS
  • FIGURE 31 INVESTMENT AND FUNDING SCENARIO, 2024
  • FIGURE 32 PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE
  • FIGURE 34 KEY BUYING CRITERIA, BY TYPE
  • FIGURE 35 IMPACT OF AI/GENERATIVE AI ON DRIVE TYPES, BY REGION
  • FIGURE 36 MARKET, BY TYPE, 2024
  • FIGURE 37 MARKET, BY VOLTAGE, 2024
  • FIGURE 38 MARKET, BY POWER RATING, 2024
  • FIGURE 39 MARKET, BY APPLICATION, 2024
  • FIGURE 40 MARKET, BY END USER, 2024
  • FIGURE 41 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024
  • FIGURE 42 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
  • FIGURE 43 COMPANY VALUATION
  • FIGURE 44 FINANCIAL METRICS (EV/EBITDA)
  • FIGURE 45 BRAND/PRODUCT COMPARISON
  • FIGURE 46 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 47 COMPANY FOOTPRINT
  • FIGURE 48 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 49 ABB: COMPANY SNAPSHOT
  • FIGURE 50 SIEMENS: COMPANY SNAPSHOT
  • FIGURE 51 DANFOSS: COMPANY SNAPSHOT
  • FIGURE 52 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
  • FIGURE 53 GENERAL ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 54 WEG: COMPANY SNAPSHOT
  • FIGURE 55 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 56 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
  • FIGURE 57 DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT
  • FIGURE 58 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT

 

This research study involves the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg L.P., Factiva, and ICIS, to identify and collect information useful for this technical, market-oriented, and commercial study of the MEA variable frequency drive market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the value chain of this industry. In-depth interviews were conducted with various primary respondents, including key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as assess the growth prospects of the market.

Secondary Research

Secondary sources include annual reports, press releases, and investor presentations of companies; directories and databases, which include D&B, Bloomberg, and Factiva; white papers and articles from recognized authors; and publications and databases from associations, such as the International Energy Agency (IEA), the US Energy Information Administration (EIA), the International Renewable Energy Agency (IRENA), and the National Electrical Manufacturers Association (NEMA). Secondary research has been used to obtain important information about the key players, market classification & segmentation according to industry trends, and key developments related to the market. A database of the key industry leaders has also been prepared using secondary research.

Primary Research

In the primary research process, various sources from both the supply and demand sides have been interviewed to obtain and verify qualitative and quantitative information for this report and analyze prospects. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related executives from various leading companies and organizations operating in the variable frequency drive market. Primary sources from the demand side include experts and key executives.

After the complete market engineering process (which includes calculations of market statistics, market breakdown, market size estimations, market forecasts, and data triangulation), extensive primary research has been conducted to gather information and verify and validate the critical numbers arrived at. Primary research has also been conducted to identify the segmentation, applications, Porter’s Five Forces, key players, competitive landscape, and key market dynamics such as drivers, opportunities, challenges, industry trends, and strategies adopted by key players.

MEA Variable Frequency Drive Market Size, and Share

Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Tier 1 companies’ revenues are more than USD 10 billion; tier 2 companies’ revenues range between USD 1 and 10 billion; and tier 3 companies’ revenues range between USD 500 million and USD 1 billion.
Source: Industry Experts

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market engineering process, both the top-down and bottom-up approaches have been extensively used along with several data triangulation methods to estimate and forecast the overall market segments listed in this report.

The key players in the market have been identified through secondary research, and their market share in respective regions has been determined through primary and secondary research. This entire procedure includes the study of annual and financial reports of the key market players and extensive interviews for insights from industry leaders such as CEOs, vice presidents, directors, and marketing executives. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

MEA Variable Frequency Drive Market : Top-Down and Bottom-Up Approach

MEA Variable Frequency Drive Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and sub-segments. Data triangulation and market breakdown procedures have been used wherever applicable to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has been validated using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources: the top-down approach, the bottom-up approach, and expert interviews. When the values arrived at from the three points matched, the data was assumed to be correct.

Market Definition

A variable frequency drive (VFD) is an electronic motor control device that drives an electric motor by changing the voltage and frequency supplied to the electric motor circuit. VFD works by converting fixed frequency and fixed voltage sine wave power to a variable frequency or variable output voltage, which is used to control the speed of a motor. It is also referred to as variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, micro drive, and inverter. The primary advantages of the use of VFD include reduced energy consumption and energy cost, controlled performance, extended equipment life, and low maintenance cost. It is mainly used for variable torque applications in various industries, such as oil & gas, water & wastewater treatment, power, paper & pulp, textiles, and mining. The market for variable frequency drives is defined as the sum of revenues generated by companies through the sale of variable frequency drives.

Stakeholders

  • Government organizations and regulatory agencies
  • VFD manufacturing companies
  • Automotive, aerospace, marine, and industrial equipment manufacturers
  • Research and development institutes
  • Environmental and sustainability organizations
  • Trade associations and industry forums related to VFD technologies
  • Original equipment manufacturers (OEMs)
  • Component and parts suppliers for VFD
  • Consulting companies in the energy, automotive, and manufacturing sectors
  • Transportation and logistics companies
  • Maintenance and repair service providers

Report Objectives

  • To describe and forecast the MEA variable frequency drive market in terms of value based on type, voltage, power rating, application, end user, and region
  • To describe and forecast the MEA variable frequency drive market in terms of volume based on region and power rating
  • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the MEA variable frequency drive market
  • To strategically analyze the subsegments with respect to individual growth trends, prospects, and contributions of each segment to the overall market size
  • To forecast the market size for the Middle East & Africa with  key countries
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To study the complete supply chain and allied industry segments and perform a supply chain analysis of the variable frequency drive market landscape
  • To study market trends, patent analysis, trade analysis, tariff and regulatory landscape, Porter’s five forces analysis, ecosystem mapping, technology analysis, investment and funding scenario, key stakeholders & buying criteria, and case studies pertaining to the MEA variable frequency drive market
  • To analyze the opportunities for various stakeholders by identifying the high-growth segments of the variable frequency drivemarket
  • To profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive developments, such as contracts, collaborations, expansions, product launches, investments, and acquisitions, in the MEA variable frequency drivemarket

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis as per Feasibility

  • Further breakdown of the VFD market, by country

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Previous Versions of this Report

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Growth opportunities and latent adjacency in MEA Variable Frequency Drive Market

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