US Variable Frequency Drive Market

The US variable frequency drive market is projected to reach USD 4.92 billion by 2030 from an estimated USD 4.08 billion in 2025, growing at a CAGR of 3.8% during the forecast period (2025–2030). The market is registering high growth due to increased industrialization, the growing emphasis on energy efficiency, the rising need for energy efficiency improvement, and energy consumption reduction. The demand for variable frequency drives (VFDs) is further augmented by the penetration of connected devices in diverse sectors and government regulations and policies for saving energy.

Key players operating in the US variable frequency drive market include Rockwell Automation (US), General Electric (US), Parker Hannifin Corp (US), and Anaheim Automation (US). These companies are majorly following product launches, investments, expansions, contracts, agreements, partnerships, funding, and acquisitions to expand the market.

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For instance, 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.

Rockwell Automation

Rockwell Automation is an energy services and infrastructure technology firm. The company provides process control solutions, analytics software and services, condition monitoring & I/O devices, design & operations software, and distributed control systems. It also offers drive mechanisms, drives, human-machine interfaces, industrial control equipment, industrial network devices, industrial sensors, manufacturing execution systems, motion control technologies, motor control centers, programmable controllers, safety elements, safety instrumented systems, and training programs. Its offerings are employed across sectors such as automotive, chemicals, entertainment, textiles, food & beverages, life sciences, marine, and oil & gas. The company operates through three business divisions: Intelligent Devices, Software & Control, and Lifecycle Services. It supplies VFDs via the Intelligent Devices business segment. The Intelligent Devices business segment delivers drives, motion control, advanced material handling, safety systems, sensors, industrial parts, and configured-to-order items. The company’s core competencies lie in deep industrial automation expertise, integrated hardware and software solutions, advanced motion and drive technologies, and strong domain knowledge across discrete and process industries. This enables end-to-end digital transformation and operational efficiency for customers.

General Electric

General Electric focuses on the creation, transmission, distribution, management, and use of electrical energy. The company operates through three divisions: Aerospace, Power, and Renewable Energy. It provides frequency drives via the Power segment. The Power division delivers products, services, and technologies, including gas and steam turbines, upgrade and maintenance solutions. It provides heavy-duty and aeroderivative gas turbines and supplies maintenance, service, and upgrade options for power generation equipment throughout their operational lifespan. The Power segment also provides power conversion systems, motors, generators, automation and control equipment, condition monitoring solutions, and drives for energy-intensive industries, such as marine, oil & gas, mining, rail, metals, test systems, and water. The company’s core competencies include advanced power generation engineering, high-efficiency turbine and drive technologies, large-scale power conversion systems, and lifecycle services expertise. This is supported by strong capabilities in automation, condition monitoring, and reliability optimization for energy-intensive industries.

Market Ranking

The competitive landscape of the US variable frequency drive market is relatively competitive, with a few major players contributing to a major portion. Rockwell Automation, ABB, Siemens, and GE are market leaders. Rockwell Automation and ABB enjoy major shares in terms of their integrated low and medium-voltage drives with their automation and digital solutions. In contrast, the strength of Siemens and Schneider Electric lies in their ability to deliver energy management solutions, building automation solutions, and industrial digitization solutions. Danfoss has maintained a strong position with its focus on energy-efficient VFD solutions offered in the HVAC, WW, and process industries. The rest of the market share is occupied by smaller players with their competitive pricing models, application-specific VFD solutions, or retrofit VFD solutions.

Related Reports:

US Variable Frequency Drive Market by Type, Power Rating, End User (Oil & Gas, Mining & Metal, Chemicals & Petrochemicals, Power, Food & Beverage, Water & Wastewater Treatment, Automotive, Construction/Infrastructure) - Forecast to 2030

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