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Global Medium Voltage Variable Speed Drive Market Research Report 2025

Published Date: February 2025

Report Code: QYRE-Auto-25W11251

Global Medium Voltage Variable Speed Drive Market Research Report 2022

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Global Medium Voltage Variable Speed Drive Market Research Report 2025

Code: QYRE-Auto-25W11251

Report

February 2025

Pages:115

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Schneider Electric

ABB Ltd

Eaton

Toshiba International Corporation

Siemens AG

Rockwell Automation

Hitachi Hi-Rel Power Electronics

Nidec Industrial Solutions

WEG Electric Corp.

Yaskawa

Danfoss

Fuji Electric

Power electronics

Johnson Controls

TECO- Westinghouse

Alkhorayef Petroleum

Hoffmann Technics AG

Medium Voltage Variable Speed Drive Market Size

The global market for Medium Voltage Variable Speed Drive was valued at US$ 20.4 million in the year 2024 and is projected to reach a revised size of US$ 25.7 million by 2031, growing at a CAGR of 3.4% during the forecast period.

Medium Voltage Variable Speed Drive Market

A Variable Frequency Drive (VFD) is a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor.

Other names for a VFD are variable speed drive, adjustable speed drive, adjustable frequency drive, AC drive, Microdrive, and inverter.

Global Verified Frequency Driver (VFD) key players include ABB, Siemens AG, Schneider Electric, etc. Global top three manufacturers hold a share over 40%. China is the largest market, with a share about 20%, followed by North America, and Europe, both have a share over 40 percent. In terms of product, Low Voltage (0-690V) is the largest segment, with a share over 70%. And in terms of application, the largest application is Elevators, followed by Fans, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Medium Voltage Variable Speed Drive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Variable Speed Drive.

The Medium Voltage Variable Speed Drive market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Medium Voltage Variable Speed Drive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Medium Voltage Variable Speed Drive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Medium Voltage Variable Speed Drive Market Report

Report Metric	Details
Report Name	Medium Voltage Variable Speed Drive Market
Accounted market size in year	US$ 20.4 million
Forecasted market size in 2031	US$ 25.7 million
CAGR	3.4%
Base Year	year
Forecasted years	2025 - 2031
by Type	3.3kV 6.6kV 11kV Other
by Application	Power Generation Cement Manufacturing Mining Papermaking Waste Water Treatment Other
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Schneider Electric, ABB, Eaton, Toshiba International Corporation, GE, Siemens, Rockwell Automation, Hitachi Hi-Rel Power Electronics, Nidec Industrial Solutions, Weg Electric Corp, Yaskawa, Danfoss, Fuji Electric, Power Electronics, Alkhorayef Petroleum, Hoffmann Technics AG, Johnson Controls, TECO-Westinghouse
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Medium Voltage Variable Speed Drive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Medium Voltage Variable Speed Drive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Medium Voltage Variable Speed Drive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Medium Voltage Variable Speed Drive Market growing?

Ans: The Medium Voltage Variable Speed Drive Market witnessing a CAGR of 3.4% during the forecast period 2025-2031.

What is the Medium Voltage Variable Speed Drive Market size in 2031?

Ans: The Medium Voltage Variable Speed Drive Market size in 2031 will be US$ 25.7 million.

What is the market share of major companies in Medium Voltage Variable Speed Drive Market?

Ans: Global top three manufacturers hold a share over 40%.

Who are the main players in the Medium Voltage Variable Speed Drive Market report?

Ans: The main players in the Medium Voltage Variable Speed Drive Market are Schneider Electric, ABB, Eaton, Toshiba International Corporation, GE, Siemens, Rockwell Automation, Hitachi Hi-Rel Power Electronics, Nidec Industrial Solutions, Weg Electric Corp, Yaskawa, Danfoss, Fuji Electric, Power Electronics, Alkhorayef Petroleum, Hoffmann Technics AG, Johnson Controls, TECO-Westinghouse

What are the Application segmentation covered in the Medium Voltage Variable Speed Drive Market report?

Ans: The Applications covered in the Medium Voltage Variable Speed Drive Market report are Power Generation, Cement Manufacturing, Mining, Papermaking, Waste Water Treatment, Other

What are the Type segmentation covered in the Medium Voltage Variable Speed Drive Market report?

Ans: The Types covered in the Medium Voltage Variable Speed Drive Market report are 3.3kV, 6.6kV, 11kV, Other

1 Medium Voltage Variable Speed Drive Market Overview

1.1 Product Definition

1.2 Medium Voltage Variable Speed Drive by Type

1.2.1 Global Medium Voltage Variable Speed Drive Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 3.3kV

1.2.3 6.6kV

1.2.4 11kV

1.2.5 Other

1.3 Medium Voltage Variable Speed Drive by Application

1.3.1 Global Medium Voltage Variable Speed Drive Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Power Generation

1.3.3 Cement Manufacturing

1.3.4 Mining

1.3.5 Papermaking

1.3.6 Waste Water Treatment

1.3.7 Other

1.4 Global Market Growth Prospects

1.4.1 Global Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Medium Voltage Variable Speed Drive Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Medium Voltage Variable Speed Drive Production Estimates and Forecasts (2020-2031)

1.4.4 Global Medium Voltage Variable Speed Drive Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Medium Voltage Variable Speed Drive Production Market Share by Manufacturers (2020-2025)

2.2 Global Medium Voltage Variable Speed Drive Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Medium Voltage Variable Speed Drive, Industry Ranking, 2023 VS 2024

2.4 Global Medium Voltage Variable Speed Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Medium Voltage Variable Speed Drive Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Medium Voltage Variable Speed Drive, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Medium Voltage Variable Speed Drive, Product Offered and Application

2.8 Global Key Manufacturers of Medium Voltage Variable Speed Drive, Date of Enter into This Industry

2.9 Medium Voltage Variable Speed Drive Market Competitive Situation and Trends

2.9.1 Medium Voltage Variable Speed Drive Market Concentration Rate

2.9.2 Global 5 and 10 Largest Medium Voltage Variable Speed Drive Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Medium Voltage Variable Speed Drive Production by Region

3.1 Global Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Medium Voltage Variable Speed Drive Production Value by Region (2020-2031)

3.2.1 Global Medium Voltage Variable Speed Drive Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Medium Voltage Variable Speed Drive by Region (2026-2031)

3.3 Global Medium Voltage Variable Speed Drive Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Medium Voltage Variable Speed Drive Production Volume by Region (2020-2031)

3.4.1 Global Medium Voltage Variable Speed Drive Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Medium Voltage Variable Speed Drive by Region (2026-2031)

3.5 Global Medium Voltage Variable Speed Drive Market Price Analysis by Region (2020-2025)

3.6 Global Medium Voltage Variable Speed Drive Production and Value, Year-over-Year Growth

3.6.1 North America Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Medium Voltage Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

4 Medium Voltage Variable Speed Drive Consumption by Region

4.1 Global Medium Voltage Variable Speed Drive Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Medium Voltage Variable Speed Drive Consumption by Region (2020-2031)

4.2.1 Global Medium Voltage Variable Speed Drive Consumption by Region (2020-2025)

4.2.2 Global Medium Voltage Variable Speed Drive Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Medium Voltage Variable Speed Drive Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Medium Voltage Variable Speed Drive Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Medium Voltage Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Medium Voltage Variable Speed Drive Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Medium Voltage Variable Speed Drive Production by Type (2020-2031)

5.1.1 Global Medium Voltage Variable Speed Drive Production by Type (2020-2025)

5.1.2 Global Medium Voltage Variable Speed Drive Production by Type (2026-2031)

5.1.3 Global Medium Voltage Variable Speed Drive Production Market Share by Type (2020-2031)

5.2 Global Medium Voltage Variable Speed Drive Production Value by Type (2020-2031)

5.2.1 Global Medium Voltage Variable Speed Drive Production Value by Type (2020-2025)

5.2.2 Global Medium Voltage Variable Speed Drive Production Value by Type (2026-2031)

5.2.3 Global Medium Voltage Variable Speed Drive Production Value Market Share by Type (2020-2031)

5.3 Global Medium Voltage Variable Speed Drive Price by Type (2020-2031)

6 Segment by Application

6.1 Global Medium Voltage Variable Speed Drive Production by Application (2020-2031)

6.1.1 Global Medium Voltage Variable Speed Drive Production by Application (2020-2025)

6.1.2 Global Medium Voltage Variable Speed Drive Production by Application (2026-2031)

6.1.3 Global Medium Voltage Variable Speed Drive Production Market Share by Application (2020-2031)

6.2 Global Medium Voltage Variable Speed Drive Production Value by Application (2020-2031)

6.2.1 Global Medium Voltage Variable Speed Drive Production Value by Application (2020-2025)

6.2.2 Global Medium Voltage Variable Speed Drive Production Value by Application (2026-2031)

6.2.3 Global Medium Voltage Variable Speed Drive Production Value Market Share by Application (2020-2031)

6.3 Global Medium Voltage Variable Speed Drive Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Schneider Electric

7.1.1 Schneider Electric Medium Voltage Variable Speed Drive Company Information

7.1.2 Schneider Electric Medium Voltage Variable Speed Drive Product Portfolio

7.1.3 Schneider Electric Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Schneider Electric Main Business and Markets Served

7.1.5 Schneider Electric Recent Developments/Updates

7.2 ABB

7.2.1 ABB Medium Voltage Variable Speed Drive Company Information

7.2.2 ABB Medium Voltage Variable Speed Drive Product Portfolio

7.2.3 ABB Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.2.4 ABB Main Business and Markets Served

7.2.5 ABB Recent Developments/Updates

7.3 Eaton

7.3.1 Eaton Medium Voltage Variable Speed Drive Company Information

7.3.2 Eaton Medium Voltage Variable Speed Drive Product Portfolio

7.3.3 Eaton Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Eaton Main Business and Markets Served

7.3.5 Eaton Recent Developments/Updates

7.4 Toshiba International Corporation

7.4.1 Toshiba International Corporation Medium Voltage Variable Speed Drive Company Information

7.4.2 Toshiba International Corporation Medium Voltage Variable Speed Drive Product Portfolio

7.4.3 Toshiba International Corporation Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Toshiba International Corporation Main Business and Markets Served

7.4.5 Toshiba International Corporation Recent Developments/Updates

7.5 GE

7.5.1 GE Medium Voltage Variable Speed Drive Company Information

7.5.2 GE Medium Voltage Variable Speed Drive Product Portfolio

7.5.3 GE Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.5.4 GE Main Business and Markets Served

7.5.5 GE Recent Developments/Updates

7.6 Siemens

7.6.1 Siemens Medium Voltage Variable Speed Drive Company Information

7.6.2 Siemens Medium Voltage Variable Speed Drive Product Portfolio

7.6.3 Siemens Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Siemens Main Business and Markets Served

7.6.5 Siemens Recent Developments/Updates

7.7 Rockwell Automation

7.7.1 Rockwell Automation Medium Voltage Variable Speed Drive Company Information

7.7.2 Rockwell Automation Medium Voltage Variable Speed Drive Product Portfolio

7.7.3 Rockwell Automation Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Rockwell Automation Main Business and Markets Served

7.7.5 Rockwell Automation Recent Developments/Updates

7.8 Hitachi Hi-Rel Power Electronics

7.8.1 Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Company Information

7.8.2 Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Product Portfolio

7.8.3 Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Hitachi Hi-Rel Power Electronics Main Business and Markets Served

7.8.5 Hitachi Hi-Rel Power Electronics Recent Developments/Updates

7.9 Nidec Industrial Solutions

7.9.1 Nidec Industrial Solutions Medium Voltage Variable Speed Drive Company Information

7.9.2 Nidec Industrial Solutions Medium Voltage Variable Speed Drive Product Portfolio

7.9.3 Nidec Industrial Solutions Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Nidec Industrial Solutions Main Business and Markets Served

7.9.5 Nidec Industrial Solutions Recent Developments/Updates

7.10 Weg Electric Corp

7.10.1 Weg Electric Corp Medium Voltage Variable Speed Drive Company Information

7.10.2 Weg Electric Corp Medium Voltage Variable Speed Drive Product Portfolio

7.10.3 Weg Electric Corp Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Weg Electric Corp Main Business and Markets Served

7.10.5 Weg Electric Corp Recent Developments/Updates

7.11 Yaskawa

7.11.1 Yaskawa Medium Voltage Variable Speed Drive Company Information

7.11.2 Yaskawa Medium Voltage Variable Speed Drive Product Portfolio

7.11.3 Yaskawa Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Yaskawa Main Business and Markets Served

7.11.5 Yaskawa Recent Developments/Updates

7.12 Danfoss

7.12.1 Danfoss Medium Voltage Variable Speed Drive Company Information

7.12.2 Danfoss Medium Voltage Variable Speed Drive Product Portfolio

7.12.3 Danfoss Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Danfoss Main Business and Markets Served

7.12.5 Danfoss Recent Developments/Updates

7.13 Fuji Electric

7.13.1 Fuji Electric Medium Voltage Variable Speed Drive Company Information

7.13.2 Fuji Electric Medium Voltage Variable Speed Drive Product Portfolio

7.13.3 Fuji Electric Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Fuji Electric Main Business and Markets Served

7.13.5 Fuji Electric Recent Developments/Updates

7.14 Power Electronics

7.14.1 Power Electronics Medium Voltage Variable Speed Drive Company Information

7.14.2 Power Electronics Medium Voltage Variable Speed Drive Product Portfolio

7.14.3 Power Electronics Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Power Electronics Main Business and Markets Served

7.14.5 Power Electronics Recent Developments/Updates

7.15 Alkhorayef Petroleum

7.15.1 Alkhorayef Petroleum Medium Voltage Variable Speed Drive Company Information

7.15.2 Alkhorayef Petroleum Medium Voltage Variable Speed Drive Product Portfolio

7.15.3 Alkhorayef Petroleum Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.15.4 Alkhorayef Petroleum Main Business and Markets Served

7.15.5 Alkhorayef Petroleum Recent Developments/Updates

7.16 Hoffmann Technics AG

7.16.1 Hoffmann Technics AG Medium Voltage Variable Speed Drive Company Information

7.16.2 Hoffmann Technics AG Medium Voltage Variable Speed Drive Product Portfolio

7.16.3 Hoffmann Technics AG Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.16.4 Hoffmann Technics AG Main Business and Markets Served

7.16.5 Hoffmann Technics AG Recent Developments/Updates

7.17 Johnson Controls

7.17.1 Johnson Controls Medium Voltage Variable Speed Drive Company Information

7.17.2 Johnson Controls Medium Voltage Variable Speed Drive Product Portfolio

7.17.3 Johnson Controls Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.17.4 Johnson Controls Main Business and Markets Served

7.17.5 Johnson Controls Recent Developments/Updates

7.18 TECO-Westinghouse

7.18.1 TECO-Westinghouse Medium Voltage Variable Speed Drive Company Information

7.18.2 TECO-Westinghouse Medium Voltage Variable Speed Drive Product Portfolio

7.18.3 TECO-Westinghouse Medium Voltage Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.18.4 TECO-Westinghouse Main Business and Markets Served

7.18.5 TECO-Westinghouse Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Medium Voltage Variable Speed Drive Industry Chain Analysis

8.2 Medium Voltage Variable Speed Drive Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Medium Voltage Variable Speed Drive Production Mode & Process Analysis

8.4 Medium Voltage Variable Speed Drive Sales and Marketing

8.4.1 Medium Voltage Variable Speed Drive Sales Channels

8.4.2 Medium Voltage Variable Speed Drive Distributors

8.5 Medium Voltage Variable Speed Drive Customer Analysis

9 Medium Voltage Variable Speed Drive Market Dynamics

9.1 Medium Voltage Variable Speed Drive Industry Trends

9.2 Medium Voltage Variable Speed Drive Market Drivers

9.3 Medium Voltage Variable Speed Drive Market Challenges

9.4 Medium Voltage Variable Speed Drive Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Schneider Electric

ABB Ltd

Eaton

Toshiba International Corporation

Siemens AG

Rockwell Automation

Hitachi Hi-Rel Power Electronics

Nidec Industrial Solutions

WEG Electric Corp.

Yaskawa

Danfoss

Fuji Electric

Power electronics

Johnson Controls

TECO- Westinghouse

Alkhorayef Petroleum

Hoffmann Technics AG

List of Tables

Table 1. Global Medium Voltage Variable Speed Drive Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Medium Voltage Variable Speed Drive Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Medium Voltage Variable Speed Drive Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global Medium Voltage Variable Speed Drive Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global Medium Voltage Variable Speed Drive Production Market Share by Manufacturers (2020-2025)

Table 6. Global Medium Voltage Variable Speed Drive Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Medium Voltage Variable Speed Drive Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Medium Voltage Variable Speed Drive, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Medium Voltage Variable Speed Drive as of 2024)

Table 10. Global Market Medium Voltage Variable Speed Drive Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Medium Voltage Variable Speed Drive, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Medium Voltage Variable Speed Drive, Product Offered and Application

Table 13. Global Key Manufacturers of Medium Voltage Variable Speed Drive, Date of Enter into This Industry

Table 14. Global Medium Voltage Variable Speed Drive Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Medium Voltage Variable Speed Drive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Medium Voltage Variable Speed Drive Production Value Market Share by Region (2020-2025)

Table 19. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Medium Voltage Variable Speed Drive Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Medium Voltage Variable Speed Drive Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global Medium Voltage Variable Speed Drive Production (K Units) by Region (2020-2025)

Table 23. Global Medium Voltage Variable Speed Drive Production Market Share by Region (2020-2025)

Table 24. Global Medium Voltage Variable Speed Drive Production (K Units) Forecast by Region (2026-2031)

Table 25. Global Medium Voltage Variable Speed Drive Production Market Share Forecast by Region (2026-2031)

Table 26. Global Medium Voltage Variable Speed Drive Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global Medium Voltage Variable Speed Drive Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global Medium Voltage Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global Medium Voltage Variable Speed Drive Consumption by Region (2020-2025) & (K Units)

Table 30. Global Medium Voltage Variable Speed Drive Consumption Market Share by Region (2020-2025)

Table 31. Global Medium Voltage Variable Speed Drive Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global Medium Voltage Variable Speed Drive Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America Medium Voltage Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 35. North America Medium Voltage Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 36. Europe Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe Medium Voltage Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 38. Europe Medium Voltage Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific Medium Voltage Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific Medium Voltage Variable Speed Drive Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific Medium Voltage Variable Speed Drive Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 45. Global Medium Voltage Variable Speed Drive Production (K Units) by Type (2020-2025)

Table 46. Global Medium Voltage Variable Speed Drive Production (K Units) by Type (2026-2031)

Table 47. Global Medium Voltage Variable Speed Drive Production Market Share by Type (2020-2025)

Table 48. Global Medium Voltage Variable Speed Drive Production Market Share by Type (2026-2031)

Table 49. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Medium Voltage Variable Speed Drive Production Value Market Share by Type (2020-2025)

Table 52. Global Medium Voltage Variable Speed Drive Production Value Market Share by Type (2026-2031)

Table 53. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Type (2020-2025)

Table 54. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Type (2026-2031)

Table 55. Global Medium Voltage Variable Speed Drive Production (K Units) by Application (2020-2025)

Table 56. Global Medium Voltage Variable Speed Drive Production (K Units) by Application (2026-2031)

Table 57. Global Medium Voltage Variable Speed Drive Production Market Share by Application (2020-2025)

Table 58. Global Medium Voltage Variable Speed Drive Production Market Share by Application (2026-2031)

Table 59. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Medium Voltage Variable Speed Drive Production Value Market Share by Application (2020-2025)

Table 62. Global Medium Voltage Variable Speed Drive Production Value Market Share by Application (2026-2031)

Table 63. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Application (2020-2025)

Table 64. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Application (2026-2031)

Table 65. Schneider Electric Medium Voltage Variable Speed Drive Company Information

Table 66. Schneider Electric Medium Voltage Variable Speed Drive Specification and Application

Table 67. Schneider Electric Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. Schneider Electric Main Business and Markets Served

Table 69. Schneider Electric Recent Developments/Updates

Table 70. ABB Medium Voltage Variable Speed Drive Company Information

Table 71. ABB Medium Voltage Variable Speed Drive Specification and Application

Table 72. ABB Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. ABB Main Business and Markets Served

Table 74. ABB Recent Developments/Updates

Table 75. Eaton Medium Voltage Variable Speed Drive Company Information

Table 76. Eaton Medium Voltage Variable Speed Drive Specification and Application

Table 77. Eaton Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Eaton Main Business and Markets Served

Table 79. Eaton Recent Developments/Updates

Table 80. Toshiba International Corporation Medium Voltage Variable Speed Drive Company Information

Table 81. Toshiba International Corporation Medium Voltage Variable Speed Drive Specification and Application

Table 82. Toshiba International Corporation Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Toshiba International Corporation Main Business and Markets Served

Table 84. Toshiba International Corporation Recent Developments/Updates

Table 85. GE Medium Voltage Variable Speed Drive Company Information

Table 86. GE Medium Voltage Variable Speed Drive Specification and Application

Table 87. GE Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. GE Main Business and Markets Served

Table 89. GE Recent Developments/Updates

Table 90. Siemens Medium Voltage Variable Speed Drive Company Information

Table 91. Siemens Medium Voltage Variable Speed Drive Specification and Application

Table 92. Siemens Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. Siemens Main Business and Markets Served

Table 94. Siemens Recent Developments/Updates

Table 95. Rockwell Automation Medium Voltage Variable Speed Drive Company Information

Table 96. Rockwell Automation Medium Voltage Variable Speed Drive Specification and Application

Table 97. Rockwell Automation Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Rockwell Automation Main Business and Markets Served

Table 99. Rockwell Automation Recent Developments/Updates

Table 100. Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Company Information

Table 101. Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Specification and Application

Table 102. Hitachi Hi-Rel Power Electronics Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. Hitachi Hi-Rel Power Electronics Main Business and Markets Served

Table 104. Hitachi Hi-Rel Power Electronics Recent Developments/Updates

Table 105. Nidec Industrial Solutions Medium Voltage Variable Speed Drive Company Information

Table 106. Nidec Industrial Solutions Medium Voltage Variable Speed Drive Specification and Application

Table 107. Nidec Industrial Solutions Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Nidec Industrial Solutions Main Business and Markets Served

Table 109. Nidec Industrial Solutions Recent Developments/Updates

Table 110. Weg Electric Corp Medium Voltage Variable Speed Drive Company Information

Table 111. Weg Electric Corp Medium Voltage Variable Speed Drive Specification and Application

Table 112. Weg Electric Corp Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. Weg Electric Corp Main Business and Markets Served

Table 114. Weg Electric Corp Recent Developments/Updates

Table 115. Yaskawa Medium Voltage Variable Speed Drive Company Information

Table 116. Yaskawa Medium Voltage Variable Speed Drive Specification and Application

Table 117. Yaskawa Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Yaskawa Main Business and Markets Served

Table 119. Yaskawa Recent Developments/Updates

Table 120. Danfoss Medium Voltage Variable Speed Drive Company Information

Table 121. Danfoss Medium Voltage Variable Speed Drive Specification and Application

Table 122. Danfoss Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 123. Danfoss Main Business and Markets Served

Table 124. Danfoss Recent Developments/Updates

Table 125. Fuji Electric Medium Voltage Variable Speed Drive Company Information

Table 126. Fuji Electric Medium Voltage Variable Speed Drive Specification and Application

Table 127. Fuji Electric Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 128. Fuji Electric Main Business and Markets Served

Table 129. Fuji Electric Recent Developments/Updates

Table 130. Power Electronics Medium Voltage Variable Speed Drive Company Information

Table 131. Power Electronics Medium Voltage Variable Speed Drive Specification and Application

Table 132. Power Electronics Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 133. Power Electronics Main Business and Markets Served

Table 134. Power Electronics Recent Developments/Updates

Table 135. Alkhorayef Petroleum Medium Voltage Variable Speed Drive Company Information

Table 136. Alkhorayef Petroleum Medium Voltage Variable Speed Drive Specification and Application

Table 137. Alkhorayef Petroleum Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 138. Alkhorayef Petroleum Main Business and Markets Served

Table 139. Alkhorayef Petroleum Recent Developments/Updates

Table 140. Hoffmann Technics AG Medium Voltage Variable Speed Drive Company Information

Table 141. Hoffmann Technics AG Medium Voltage Variable Speed Drive Specification and Application

Table 142. Hoffmann Technics AG Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 143. Hoffmann Technics AG Main Business and Markets Served

Table 144. Hoffmann Technics AG Recent Developments/Updates

Table 145. Johnson Controls Medium Voltage Variable Speed Drive Company Information

Table 146. Johnson Controls Medium Voltage Variable Speed Drive Specification and Application

Table 147. Johnson Controls Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 148. Johnson Controls Main Business and Markets Served

Table 149. Johnson Controls Recent Developments/Updates

Table 150. TECO-Westinghouse Medium Voltage Variable Speed Drive Company Information

Table 151. TECO-Westinghouse Medium Voltage Variable Speed Drive Specification and Application

Table 152. TECO-Westinghouse Medium Voltage Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 153. TECO-Westinghouse Main Business and Markets Served

Table 154. TECO-Westinghouse Recent Developments/Updates

Table 155. Key Raw Materials Lists

Table 156. Raw Materials Key Suppliers Lists

Table 157. Medium Voltage Variable Speed Drive Distributors List

Table 158. Medium Voltage Variable Speed Drive Customers List

Table 159. Medium Voltage Variable Speed Drive Market Trends

Table 160. Medium Voltage Variable Speed Drive Market Drivers

Table 161. Medium Voltage Variable Speed Drive Market Challenges

Table 162. Medium Voltage Variable Speed Drive Market Restraints

Table 163. Research Programs/Design for This Report

Table 164. Key Data Information from Secondary Sources

Table 165. Key Data Information from Primary Sources

Table 166. Authors List of This Report

List of Figures

Figure 1. Product Picture of Medium Voltage Variable Speed Drive

Figure 2. Global Medium Voltage Variable Speed Drive Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Medium Voltage Variable Speed Drive Market Share by Type: 2024 VS 2031

Figure 4. 3.3kV Product Picture

Figure 5. 6.6kV Product Picture

Figure 6. 11kV Product Picture

Figure 7. Other Product Picture

Figure 8. Global Medium Voltage Variable Speed Drive Market Value by Application, (US$ Million) & (2020-2031)

Figure 9. Global Medium Voltage Variable Speed Drive Market Share by Application: 2024 VS 2031

Figure 10. Power Generation

Figure 11. Cement Manufacturing

Figure 12. Mining

Figure 13. Papermaking

Figure 14. Waste Water Treatment

Figure 15. Other

Figure 16. Global Medium Voltage Variable Speed Drive Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 17. Global Medium Voltage Variable Speed Drive Production Value (US$ Million) & (2020-2031)

Figure 18. Global Medium Voltage Variable Speed Drive Production Capacity (K Units) & (2020-2031)

Figure 19. Global Medium Voltage Variable Speed Drive Production (K Units) & (2020-2031)

Figure 20. Global Medium Voltage Variable Speed Drive Average Price (US$/Unit) & (2020-2031)

Figure 21. Medium Voltage Variable Speed Drive Report Years Considered

Figure 22. Medium Voltage Variable Speed Drive Production Share by Manufacturers in 2024

Figure 23. Global Medium Voltage Variable Speed Drive Production Value Share by Manufacturers (2024)

Figure 24. Medium Voltage Variable Speed Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 25. The Global 5 and 10 Largest Players: Market Share by Medium Voltage Variable Speed Drive Revenue in 2024

Figure 26. Global Medium Voltage Variable Speed Drive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 27. Global Medium Voltage Variable Speed Drive Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. Global Medium Voltage Variable Speed Drive Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 29. Global Medium Voltage Variable Speed Drive Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 30. North America Medium Voltage Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Europe Medium Voltage Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. China Medium Voltage Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 33. Japan Medium Voltage Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 34. Global Medium Voltage Variable Speed Drive Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 35. Global Medium Voltage Variable Speed Drive Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 36. North America Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. North America Medium Voltage Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 38. U.S. Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 39. Canada Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. Europe Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. Europe Medium Voltage Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 42. Germany Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. France Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. U.K. Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 45. Italy Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 46. Netherlands Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. Asia Pacific Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. Asia Pacific Medium Voltage Variable Speed Drive Consumption Market Share by Region (2020-2031)

Figure 49. China Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. Japan Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. South Korea Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. China Taiwan Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 53. Southeast Asia Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 54. India Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. Latin America, Middle East & Africa Medium Voltage Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 57. Mexico Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 58. Brazil Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 59. Turkey Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 60. GCC Countries Medium Voltage Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 61. Global Production Market Share of Medium Voltage Variable Speed Drive by Type (2020-2031)

Figure 62. Global Production Value Market Share of Medium Voltage Variable Speed Drive by Type (2020-2031)

Figure 63. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Type (2020-2031)

Figure 64. Global Production Market Share of Medium Voltage Variable Speed Drive by Application (2020-2031)

Figure 65. Global Production Value Market Share of Medium Voltage Variable Speed Drive by Application (2020-2031)

Figure 66. Global Medium Voltage Variable Speed Drive Price (US$/Unit) by Application (2020-2031)

Figure 67. Medium Voltage Variable Speed Drive Value Chain

Figure 68. Channels of Distribution (Direct Vs Distribution)

Figure 69. Bottom-up and Top-down Approaches for This Report

Figure 70. Data Triangulation

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