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North America Variable Frequency Drive Market Outlook (2022 to 2032)

[309 Pages Report] The North America variable frequency drive market is expected to hit a valuation of US$ 5056.2 million by 2032. The market has a valuation of US$ 4770 million as of 2022, and during the forecast period, the North America variable frequency drive market is expected to grow at a CAGR of 6%.

In 2021, the North America variable frequency drive market was valued at US$ 4500 million.

Increasing technological advancements, the reduction in the prices of variable frequency drives, and many other factors are expected to surge the North America variable frequency drive market.

Attributes Value
North America Variable Frequency Drive Market Valuation (2021) US$ 4500 million
North America Variable Frequency Drive Market Valuation (2022) US$ 4770 million
North America Variable Frequency Drive Market Projected Size (2032) US$ 5056.2 million
North America Variable Frequency Drive Market Anticipated CAGR (2022 to 2032) 6%

North America can be considered the most developed region when it comes to automation and IT.

When we talk about variable frequency drives, are used to drive electric motors, and the operation of these motors can be controlled by varying the frequency and the voltage. This is especially crucial when the robots are put into operation, as many of them run using motors. This might influence the North America variable frequency drive market outlook.

With rising rates of electricity in North America, the demand for these frequency drives is expected to increase in the region. The reason is whenever the manufacturers feel that the electricity consumption for driving a machine should be less as compared to other machines, the voltage and the frequency can be regulated. This is expected to have a positive impact on the North America variable frequency drive market future trends.

Apart from that, the manufacturers in North America are developing frequency drive machines that fall in line with the environmental regulations that have been set up by the authorities, keeping in view the climatic conditions. This is expected to drive the North America variable frequency to drive market key trends & opportunities.

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Historical CAGR (2016 to 2021) vs Anticipated CAGR for the North America Variable Frequency Drive Market

If we compare the historical CAGR with the anticipated CAGR, we can see a very slight difference. The historical CAGR was 5.5%, and the expected CAGR was 6%.

Increasing industrial activities, coupled with regulated usage of electricity, are some of the reasons why the market is expected to grow during the forecast period.

Moreover, despite being a relatively developed region as compared to other regions, North America is still going through industrialization. The reason is the rapid growth of various sectors like IT, healthcare, Artificial Intelligence, mechatronics, etc.

Moreover, North America is believed to be one of the largest hubs for pulp and paper manufacturers. This industry particularly makes use of variable frequency drives as heavy motors are being put to application, and in order to avoid the scenario of voltage fluctuations, the manufacturers have started making use of variable frequency drives. This might drive the North America variable frequency drive market trends.

Drivers for the North America Variable Frequency Drive Market

Technological advancements

One of the major drivers of the variable frequency drive market in North America is increasing technological advancements. These advancements have ensured that these frequency drives can be used beyond conventional purposes.

In the current scheme of things, the frequency drive is being employed as a standalone control system. This might have an impact on the North America variable frequency drive market size.

Decreasing price

The niches in which the variable frequency drives are broadening with the reduction in prices of these machines. For example, owing to the reduced price, the end users in many parts of North America have started making use of frequency drives for indoor activities as well. This can be a key factor in driving the North America variable frequency to drive key trends and opportunities.

Ensuring that water is not wasted.

When the variable frequency drives are installed with flow meters, it ensures appropriate usage of water and completely eliminates the scenario of water and energy wastage. These aspects are driving the North America variable frequency drive market.

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Restraints for the North America Variable Frequency Drive Market

High installation cost

Despite the fact the prices of variable frequency drives have come down with time, the high installation cost is something that has bothered the end customers for quite some time. This has been observed especially in the case of medium voltage variable frequency drives.

Technical glitches

One of the biggest challenges of employing variable frequency drives is that they are subjected to technical glitches on a consistent basis. These glitches are beyond the comprehension of end-users, and only the technical staff can resolve these glitches. This as well might challenge the growth of the variable frequency drive market in North America.

Opportunities ahead for the North America Variable Frequency Drive Market

Increasing usage in the railways sector

The railways sector presents a huge market in front of the North America variable frequency drive market. The manufacturers in this region have been developing AC/AC variable frequency drives as custom developments, especially for train manufacturers.

Not only are they but these are also being increasingly employed in industrial automation systems.

Usage in Industrial Internet of Things (IIoT)

Variable frequency drives are being increasingly adopted in the Industrial Internet of Things (IIoT). Through this, the technicians can monitor the conditions of the equipment from anywhere. Apart from that, the data can be accessed from multiple interfaces, thereby making shift changes and team operations seamless.

Thus, the combination of IIoT and variable frequency drives enables strong predictive maintenance, thereby allowing things to be fixed before they break down and avoiding any kind of downtime. This might help in the surge of the variable frequency drive market in North America.

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Comparative View for the North America Variable Frequency Drive Market

North America Variable Frequency Drive Market:

Attributes North America Variable Frequency Drive Market
Anticipated CAGR (2022 to 2032) 6%
Market Value (2022) US$ 4770 million
Growth Factor Technological advancements, coupled with reduced prices currently driving the North America variable frequency drive market.
Future Opportunities Increased usage in railways sector brings a sea of opportunities for the market.
Market Trends Currently, variable frequency drives are being used as standalone control systems. This as well is expected to drive the market.

Europe Variable Frequency Drive Market:

Attributes Europe Variable Frequency Drive Market
Anticipated CAGR (2022 to 2032) 4.8%
Market Value (2022) US$ 3800 million
Growth Factor Increasing investment in the energy and construction segment is currently driving the Europe variable frequency drive market.
Future Opportunities Strict government regulations to contain greenhouse emissions might drive the Europe variable frequency drive market in the future.
Market Trends Currently, the low voltage segment of variable frequency drive is significantly employed in the region. The reason being these have low maintenance costs.

Asia Pacific Variable Frequency Drive Market:

Attributes Asia Pacific Variable Frequency Drive Market
Anticipated CAGR (2022 to 2032) 8.1%
Market Value (2022) US$ 4200 million
Growth Factor Rapid urbanization, coupled with the exponential growth of the electronics industry is currently driving the Asia Pacific variable frequency drive market.
Future Opportunities Increasing government investments, along with strict measures to tackle the energy crisis is expected to drive the Asia Pacific variable frequency drive market.
Market Trends With the increase in development activities, there has also been an increase in the adoption of smart grids. These smart grids make use of variable frequency drives.

The main objective of variable frequency drives is to provide seamless electricity. Be it Asia Pacific, North America, or Europe. The focus is to ensure that the regions make the best use of these devices. Moreover, newly found applications across sectors in different regions are expected to drive the variable frequency drive market.

Segment-wise Insights for North America Variable Frequency Drive Market

By Voltage Range Type, the Low Voltage Range is expected to have the Highest Market Share during the Forecast Period

The low voltage range is expected to have the highest market share during the forecast period. The low voltage range is being utilized to drive equipment like fans, AC, etc., primarily those devices which do not consume much electricity.

Moreover, these also have the ability to control the electric appliances when there is a power cut for a long time, thereby acting like a proper control system.

By End-use Industry, the Oil and Gas Segment is expected to have the Highest Market Share during the Forecast Period

The oil and gas segment is expected to have the highest market share. The reason is that the oil processing industry generally makes use of heavy motors, and it is imperative that the voltage and frequency be regularised at the required times.

This will ensure that the motors can operate in an uninterrupted manner, as regularisation would mean economically utilizing electricity, thereby making activities like pumping, extraction, etc., much more seamless.

USA expected to be the Largest Market North America Variable Frequency Drive Market during the Forecast Period

The USA market is expected to be the largest market in the North American region during the forecast period. The market is expected to grow at a CAGR of 6.6% during the forecast period. Strict government measures, along with the usage of the variable frequency drive as a standalone device to optimize the flow of electricity, are some of the factors which are expected to make the USA the largest market.

The USA market is expected to be preceded by the Canada market. The reason for the growth of the Canada market remains the same as that of the USA market. The Canada market is expected to grow at a CAGR of 5.5% during the forecast period.

Start-up Ecosystem in the North America Variable Frequency Drive Market

At present, there is not much happening in the start-up ecosystem of the North America variable frequency drive market.

Having said that, the market is undoubtedly a potential hotspot for entrepreneurs. The reason is that the manufacturers have explored and are still exploring newer ways to make use of variable frequency drives in North America.

Exhibiting characteristics like moderate usage of electricity, having the ability to control the speed, and working on the theory of ergonomics by providing enough power to ACs, fans, etc., the market has a lot to offer, especially for the people who know how to make the best use of technology.

However, the initial cost is something that bothers potential start-ups. But, with a number of start-ups being funded by UHNIs, angel investors, etc., aspiring entrepreneurs can certainly tap into the doors of investors who are willing to help the best minds. As they say, ‘Everything begins with an idea.

Competitive Landscape in the North America Variable Frequency Drive Market

With a large emphasis being laid on sustainable development, the key players in the market are focusing on eco-friendly solutions for manufacturing variable frequency drives in North America. Moreover, the key players are putting a lot of emphasis on meaningful mergers and acquisitions, and are investing huge amounts in Research and Development.

Some of the recent developments are:

  • In September 2022, Fuji Electric announced that it is working on a virtual power plant, which according to it is the key to spreading renewable energy.
  • In June 2022, Emerson strengthened its leadership in the life science industry by acquiring Fluxa.

Schneider Electric, Toshiba International Corporation, and Siemens AG are implementing industry best practices to develop top quality variable frequency drives for the North American customers

Schneider Electric has been at the forefront when it comes to developing climate-positive solutions for the larger interest. Their operation has been on the lines of energy and digital being a basic human right. Moreover, the company has been giving the best in the world solutions to help people experience seamless transition during the times of tectonic shift in the energy sector.

They firmly believe that electricity is the best carrier to achieve the process of complete decarbonization. Thus, they have been striving to be digital partners for sustainability and efficiency.

The processes adopted by Schneider have always aimed at integrating world-leading processes and energy technologies to realize the complete potential of the mission and vision statement put forth by their clients. They have also been providing cloud integration products, controls, and services.

On 28th September’22, Schneider Electric appointed Joshua Dickinson as SVP and CFO for the North America region.

Toshiba International Corporation has been serving its clients in North America for more than five decades. The company has been primarily targeting retailers, enterprises, municipalities, utilities, businesses, etc.

Toshiba is leading the way for the IoT revolution and is helping clients make massive transformations. In fact, they were the ones who pioneered Information and Communication Technology and bring decades of real-world experience in semiconductors, electronics, transportation, etc.

The IoT of Toshiba mainly works on the principle of accelerating sales of replacement parts and equipment, creating new revenue streams for the products and services, optimizing maintenance services, and improving operational efficiency.

Siemens AG believes in integrating solutions, instead of focusing on isolated problems. Siemens has been majorly focusing on industry, infrastructure, transport, and healthcare. By amalgamating the real and digital worlds, they have empowered their customers to transform markets.

Furthermore, the company has been offering state-of-the-art solutions, that specifically focus on IT, industry, finance, and energy.

On 20th September’22, Siemens showed digital solutions for transitioning to sustainable infrastructure.

Key Companies Profiled

  • Fuji Electric Co.
  • Schneider Electric
  • Mitsubishi Electric Corporation
  • Toshiba International Corporation
  • Siemens AG
  • Emerson Industrial Automation
  • ABB Ltd.
  • Johnson Controls Inc.
  • American Electric Technologies Inc.
  • Rockwell Automation Inc.
  • General Electric Company
  • Honeywell International Inc.
  • Hitachi Limited

Key Segments Profiled

By Voltage Range Type:

  • Low Voltage Range
  • Medium Voltage Range

By End-use Industry:

  • Oil & Gas
  • Food Processing
  • Automotive

By Application:

  • Standard
  • Regenerative

By Region:

  • North America

Frequently Asked Questions

What is the Expected CAGR of the North America Variable Frequency Drive Market during the Forecast Period?

The North America variable frequency drive market is expected to grow at a CAGR of 6% during the forecast period

What is the Expected North America Variable Frequency Drive Market Size by 2032?

The North America variable frequency drive market is expected to be valued at US$ 5056.2 million by 2032.

What is the Valuation of North America Variable Frequency Drive Market as on 2022?

The North America variable frequency drive market is valued at US$ 4770 million as of 2022.

What are the Restraints experienced by North America Variable Frequency Drive Market?

Main restraints are: high installation cost and technical glitches.

What are the Main Factors Driving the North America Variable Frequency Drive Market?

Main factors are: technological advancements and decreasing price.

Table of Content

1. Executive Summary | North America Market

    1.1. North AmericaMarket Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. North America Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ million) & Volume (Unit) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ million) & Volume (Unit) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Drive Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Drive Type, 2017 to 2021

    5.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Drive Type, 2022 to 2032

        5.3.1. AC Drive

        5.3.2. DC Drive

        5.3.3. Servo Drive

    5.4. Y-o-Y Growth Trend Analysis By Drive Type, 2017 to 2021

    5.5. Absolute $ Opportunity Analysis By Drive Type, 2022 to 2032

6. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Voltage Range

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Voltage Range, 2017 to 2021

    6.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Voltage Range, 2022 to 2032

        6.3.1. Low Voltage Range

        6.3.2. Medium Voltage Range

    6.4. Y-o-Y Growth Trend Analysis By Voltage Range, 2017 to 2021

    6.5. Absolute $ Opportunity Analysis By Voltage Range, 2022 to 2032

7. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Application Type, 2017 to 2021

    7.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Application Type, 2022 to 2032

        7.3.1. Standard

        7.3.2. Regenerative

    7.4. Y-o-Y Growth Trend Analysis By Application Type, 2017 to 2021

    7.5. Absolute $ Opportunity Analysis By Application Type, 2022 to 2032

8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By End-Use Application, 2017 to 2021

    8.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By End-Use Application, 2022 to 2032

        8.3.1. Pump

        8.3.2. Fan

        8.3.3. Compressor

        8.3.4. Conveyor

        8.3.5. HVAC

        8.3.6. Others

    8.4. Y-o-Y Growth Trend Analysis By End-Use Application, 2017 to 2021

    8.5. Absolute $ Opportunity Analysis By End-Use Application, 2022 to 2032

9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use Industry

    9.1. Introduction / Key Findings

    9.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By End-Use Industry, 2017 to 2021

    9.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By End-Use Industry, 2022 to 2032

        9.3.1. Oil & Gas

        9.3.2. Food Processing

        9.3.3. Automotive

        9.3.4. Mining & Metals

        9.3.5. Pulp and Papers

        9.3.6. Other

    9.4. Y-o-Y Growth Trend Analysis By End-Use Industry, 2017 to 2021

    9.5. Absolute $ Opportunity Analysis By End-Use Industry, 2022 to 2032

10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

    10.1. Introduction

    10.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Region, 2017 to 2021

    10.3. Current Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Region, 2022 to 2032

        10.3.1. North America

    10.4. Market Attractiveness Analysis By Region

11. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

    11.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. Canada

            11.2.1.2. The USA

        11.2.2. By Drive Type

        11.2.3. By Voltage Range

        11.2.4. By Application Type

        11.2.5. By End-Use Application

        11.2.6. By End-Use Industry

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Drive Type

        11.3.3. By Voltage Range

        11.3.4. By Application Type

        11.3.5. By End-Use Application

        11.3.6. By End-Use Industry

    11.4. Key Takeaways

12. Key Countries Market Analysis

    12.1. Canada

        12.1.1. Pricing Analysis

        12.1.2. Market Share Analysis, 2021

            12.1.2.1. By Drive Type

            12.1.2.2. By Voltage Range

            12.1.2.3. By Application Type

            12.1.2.4. By End-Use Application

            12.1.2.5. By End-Use Industry

    12.2. The USA

        12.2.1. Pricing Analysis

        12.2.2. Market Share Analysis, 2021

            12.2.2.1. By Drive Type

            12.2.2.2. By Voltage Range

            12.2.2.3. By Application Type

            12.2.2.4. By End-Use Application

            12.2.2.5. By End-Use Industry

13. Market Structure Analysis

    13.1. Competition Dashboard

    13.2. Competition Benchmarking

    13.3. Market Share Analysis of Top Players

        13.3.1. By Regional

        13.3.2. By Drive Type

        13.3.3. By Voltage Range

        13.3.4. By Application Type

        13.3.5. By End-Use Application

        13.3.6. By End-Use Industry

14. Competition Analysis

    14.1. Competition Deep Dive

        14.1.1. Fuji Electric Co. Ltd.

            14.1.1.1. Overview

            14.1.1.2. Product Portfolio

            14.1.1.3. Profitability by Market Segments

            14.1.1.4. Sales Footprint

            14.1.1.5. Strategy Overview

                14.1.1.5.1. Marketing Strategy

                14.1.1.5.2. Product Strategy

                14.1.1.5.3. Channel Strategy

        14.1.2. Mitsubishi Electric Corporation

            14.1.2.1. Overview

            14.1.2.2. Product Portfolio

            14.1.2.3. Profitability by Market Segments

            14.1.2.4. Sales Footprint

            14.1.2.5. Strategy Overview

                14.1.2.5.1. Marketing Strategy

                14.1.2.5.2. Product Strategy

                14.1.2.5.3. Channel Strategy

        14.1.3. Siemens AG

            14.1.3.1. Overview

            14.1.3.2. Product Portfolio

            14.1.3.3. Profitability by Market Segments

            14.1.3.4. Sales Footprint

            14.1.3.5. Strategy Overview

                14.1.3.5.1. Marketing Strategy

                14.1.3.5.2. Product Strategy

                14.1.3.5.3. Channel Strategy

        14.1.4. ABB Ltd

            14.1.4.1. Overview

            14.1.4.2. Product Portfolio

            14.1.4.3. Profitability by Market Segments

            14.1.4.4. Sales Footprint

            14.1.4.5. Strategy Overview

                14.1.4.5.1. Marketing Strategy

                14.1.4.5.2. Product Strategy

                14.1.4.5.3. Channel Strategy

        14.1.5. American Electric Technologies Inc

            14.1.5.1. Overview

            14.1.5.2. Product Portfolio

            14.1.5.3. Profitability by Market Segments

            14.1.5.4. Sales Footprint

            14.1.5.5. Strategy Overview

                14.1.5.5.1. Marketing Strategy

                14.1.5.5.2. Product Strategy

                14.1.5.5.3. Channel Strategy

        14.1.6. General Electric Company

            14.1.6.1. Overview

            14.1.6.2. Product Portfolio

            14.1.6.3. Profitability by Market Segments

            14.1.6.4. Sales Footprint

            14.1.6.5. Strategy Overview

                14.1.6.5.1. Marketing Strategy

                14.1.6.5.2. Product Strategy

                14.1.6.5.3. Channel Strategy

        14.1.7. Hitachi Limited

            14.1.7.1. Overview

            14.1.7.2. Product Portfolio

            14.1.7.3. Profitability by Market Segments

            14.1.7.4. Sales Footprint

            14.1.7.5. Strategy Overview

                14.1.7.5.1. Marketing Strategy

                14.1.7.5.2. Product Strategy

                14.1.7.5.3. Channel Strategy

        14.1.8. Honeywell International Inc

            14.1.8.1. Overview

            14.1.8.2. Product Portfolio

            14.1.8.3. Profitability by Market Segments

            14.1.8.4. Sales Footprint

            14.1.8.5. Strategy Overview

                14.1.8.5.1. Marketing Strategy

                14.1.8.5.2. Product Strategy

                14.1.8.5.3. Channel Strategy

        14.1.9. Rockwell Automation Inc

            14.1.9.1. Overview

            14.1.9.2. Product Portfolio

            14.1.9.3. Profitability by Market Segments

            14.1.9.4. Sales Footprint

            14.1.9.5. Strategy Overview

                14.1.9.5.1. Marketing Strategy

                14.1.9.5.2. Product Strategy

                14.1.9.5.3. Channel Strategy

        14.1.10. Johnson Controls

            14.1.10.1. Overview

            14.1.10.2. Product Portfolio

            14.1.10.3. Profitability by Market Segments

            14.1.10.4. Sales Footprint

            14.1.10.5. Strategy Overview

                14.1.10.5.1. Marketing Strategy

                14.1.10.5.2. Product Strategy

                14.1.10.5.3. Channel Strategy

        14.1.11. Emerson Industrial Automation

            14.1.11.1. Overview

            14.1.11.2. Product Portfolio

            14.1.11.3. Profitability by Market Segments

            14.1.11.4. Sales Footprint

            14.1.11.5. Strategy Overview

                14.1.11.5.1. Marketing Strategy

                14.1.11.5.2. Product Strategy

                14.1.11.5.3. Channel Strategy

        14.1.12. Toshiba International Corporation

            14.1.12.1. Overview

            14.1.12.2. Product Portfolio

            14.1.12.3. Profitability by Market Segments

            14.1.12.4. Sales Footprint

            14.1.12.5. Strategy Overview

                14.1.12.5.1. Marketing Strategy

                14.1.12.5.2. Product Strategy

                14.1.12.5.3. Channel Strategy

        14.1.13. Schneider Electric SE

            14.1.13.1. Overview

            14.1.13.2. Product Portfolio

            14.1.13.3. Profitability by Market Segments

            14.1.13.4. Sales Footprint

            14.1.13.5. Strategy Overview

                14.1.13.5.1. Marketing Strategy

                14.1.13.5.2. Product Strategy

                14.1.13.5.3. Channel Strategy

15. Assumptions & Acronyms Used

16. Research Methodology

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List of Tables

Table 1: North America Market Value (US$ million) Forecast by Region, 2017 to 2032

Table 2: North America Market Volume (Unit) Forecast by Region, 2017 to 2032

Table 3: North America Market Value (US$ million) Forecast by Drive Type, 2017 to 2032

Table 4: North America Market Volume (Unit) Forecast by Drive Type, 2017 to 2032

Table 5: North America Market Value (US$ million) Forecast by Voltage Range, 2017 to 2032

Table 6: North America Market Volume (Unit) Forecast by Voltage Range, 2017 to 2032

Table 7: North America Market Value (US$ million) Forecast by Application Type, 2017 to 2032

Table 8: North America Market Volume (Unit) Forecast by Application Type, 2017 to 2032

Table 9: North America Market Value (US$ million) Forecast by End-Use Application, 2017 to 2032

Table 10: North America Market Volume (Unit) Forecast by End-Use Application, 2017 to 2032

Table 11: North America Market Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 12: North America Market Volume (Unit) Forecast by End-Use Industry, 2017 to 2032

Table 13: North America Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 14: North America Market Volume (Unit) Forecast by Country, 2017 to 2032

Table 15: North America Market Value (US$ million) Forecast by Drive Type, 2017 to 2032

Table 16: North America Market Volume (Unit) Forecast by Drive Type, 2017 to 2032

Table 17: North America Market Value (US$ million) Forecast by Voltage Range, 2017 to 2032

Table 18: North America Market Volume (Unit) Forecast by Voltage Range, 2017 to 2032

Table 19: North America Market Value (US$ million) Forecast by Application Type, 2017 to 2032

Table 20: North America Market Volume (Unit) Forecast by Application Type, 2017 to 2032

Table 21: North America Market Value (US$ million) Forecast by End-Use Application, 2017 to 2032

Table 22: North America Market Volume (Unit) Forecast by End-Use Application, 2017 to 2032

Table 23: North America Market Value (US$ million) Forecast by End-Use Industry, 2017 to 2032

Table 24: North America Market Volume (Unit) Forecast by End-Use Industry, 2017 to 2032
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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List of Charts

Figure 1: North America Market Value (US$ million) by Drive Type, 2022 to 2032

Figure 2: North America Market Value (US$ million) by Voltage Range, 2022 to 2032

Figure 3: North America Market Value (US$ million) by Application Type, 2022 to 2032

Figure 4: North America Market Value (US$ million) by End-Use Application, 2022 to 2032

Figure 5: North America Market Value (US$ million) by End-Use Industry, 2022 to 2032

Figure 6: North America Market Value (US$ million) by Region, 2022 to 2032

Figure 7: North America Market Value (US$ million) Analysis by Region, 2017 to 2032

Figure 8: North America Market Volume (Unit) Analysis by Region, 2017 to 2032

Figure 9: North America Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 10: North America Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 11: North America Market Value (US$ million) Analysis by Drive Type, 2017 to 2032

Figure 12: North America Market Volume (Unit) Analysis by Drive Type, 2017 to 2032

Figure 13: North America Market Value Share (%) and BPS Analysis by Drive Type, 2022 to 2032

Figure 14: North America Market Y-o-Y Growth (%) Projections by Drive Type, 2022 to 2032

Figure 15: North America Market Value (US$ million) Analysis by Voltage Range, 2017 to 2032

Figure 16: North America Market Volume (Unit) Analysis by Voltage Range, 2017 to 2032

Figure 17: North America Market Value Share (%) and BPS Analysis by Voltage Range, 2022 to 2032

Figure 18: North America Market Y-o-Y Growth (%) Projections by Voltage Range, 2022 to 2032

Figure 19: North America Market Value (US$ million) Analysis by Application Type, 2017 to 2032

Figure 20: North America Market Volume (Unit) Analysis by Application Type, 2017 to 2032

Figure 21: North America Market Value Share (%) and BPS Analysis by Application Type, 2022 to 2032

Figure 22: North America Market Y-o-Y Growth (%) Projections by Application Type, 2022 to 2032

Figure 23: North America Market Value (US$ million) Analysis by End-Use Application, 2017 to 2032

Figure 24: North America Market Volume (Unit) Analysis by End-Use Application, 2017 to 2032

Figure 25: North America Market Value Share (%) and BPS Analysis by End-Use Application, 2022 to 2032

Figure 26: North America Market Y-o-Y Growth (%) Projections by End-Use Application, 2022 to 2032

Figure 27: North America Market Value (US$ million) Analysis by End-Use Industry, 2017 to 2032

Figure 28: North America Market Volume (Unit) Analysis by End-Use Industry, 2017 to 2032

Figure 29: North America Market Value Share (%) and BPS Analysis by End-Use Industry, 2022 to 2032

Figure 30: North America Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022 to 2032

Figure 31: North America Market Attractiveness by Drive Type, 2022 to 2032

Figure 32: North America Market Attractiveness by Voltage Range, 2022 to 2032

Figure 33: North America Market Attractiveness by Application Type, 2022 to 2032

Figure 34: North America Market Attractiveness by End-Use Application, 2022 to 2032

Figure 35: North America Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 36: North America Market Attractiveness by Region, 2022 to 2032

Figure 37: North America Market Value (US$ million) by Drive Type, 2022 to 2032

Figure 38: North America Market Value (US$ million) by Voltage Range, 2022 to 2032

Figure 39: North America Market Value (US$ million) by Application Type, 2022 to 2032

Figure 40: North America Market Value (US$ million) by End-Use Application, 2022 to 2032

Figure 41: North America Market Value (US$ million) by End-Use Industry, 2022 to 2032

Figure 42: North America Market Value (US$ million) by Country, 2022 to 2032

Figure 43: North America Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 44: North America Market Volume (Unit) Analysis by Country, 2017 to 2032

Figure 45: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 46: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 47: North America Market Value (US$ million) Analysis by Drive Type, 2017 to 2032

Figure 48: North America Market Volume (Unit) Analysis by Drive Type, 2017 to 2032

Figure 49: North America Market Value Share (%) and BPS Analysis by Drive Type, 2022 to 2032

Figure 50: North America Market Y-o-Y Growth (%) Projections by Drive Type, 2022 to 2032

Figure 51: North America Market Value (US$ million) Analysis by Voltage Range, 2017 to 2032

Figure 52: North America Market Volume (Unit) Analysis by Voltage Range, 2017 to 2032

Figure 53: North America Market Value Share (%) and BPS Analysis by Voltage Range, 2022 to 2032

Figure 54: North America Market Y-o-Y Growth (%) Projections by Voltage Range, 2022 to 2032

Figure 55: North America Market Value (US$ million) Analysis by Application Type, 2017 to 2032

Figure 56: North America Market Volume (Unit) Analysis by Application Type, 2017 to 2032

Figure 57: North America Market Value Share (%) and BPS Analysis by Application Type, 2022 to 2032

Figure 58: North America Market Y-o-Y Growth (%) Projections by Application Type, 2022 to 2032

Figure 59: North America Market Value (US$ million) Analysis by End-Use Application, 2017 to 2032

Figure 60: North America Market Volume (Unit) Analysis by End-Use Application, 2017 to 2032

Figure 61: North America Market Value Share (%) and BPS Analysis by End-Use Application, 2022 to 2032

Figure 62: North America Market Y-o-Y Growth (%) Projections by End-Use Application, 2022 to 2032

Figure 63: North America Market Value (US$ million) Analysis by End-Use Industry, 2017 to 2032

Figure 64: North America Market Volume (Unit) Analysis by End-Use Industry, 2017 to 2032

Figure 65: North America Market Value Share (%) and BPS Analysis by End-Use Industry, 2022 to 2032

Figure 66: North America Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022 to 2032

Figure 67: North America Market Attractiveness by Drive Type, 2022 to 2032

Figure 68: North America Market Attractiveness by Voltage Range, 2022 to 2032

Figure 69: North America Market Attractiveness by Application Type, 2022 to 2032

Figure 70: North America Market Attractiveness by End-Use Application, 2022 to 2032

Figure 71: North America Market Attractiveness by End-Use Industry, 2022 to 2032

Figure 72: North America Market Attractiveness by Country, 2022 to 2032

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