Table Of Contents
1 Introduction
1.1 Objectives Of The Study
1.2 Definition
1.3 Inclusions And Exclusions
1.3.1 Marine VFD Market, By Voltage: Inclusions And Exclusions
1.3.2 Marine VFD Market, By Type: Inclusions And Exclusions
1.3.3 Marine VFD Market, By Application: Inclusions And Exclusions
1.4 Market Scope
1.4.1 Market Segmentation
1.4.2 Regional Scope
1.5 Years Considered For The Study
1.6 Currency
1.7 Limitations
1.8 Stakeholders
1.9 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 1 Marine VFD Market: Research Design
2.2 Market Breakdown And Data Triangulation
Figure 2 Data Triangulation Methodology
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Breakdown Of Primaries
Figure 3 Breakdown Of Primaries
2.3 Impact Of Covid-19
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.4.3 Demand-Side Analysis
Figure 6 Main Metrics Considered While Analyzing And Assessing Demand For Marine Vfd
2.4.3.1 Demand-Side Calculation
2.4.3.2 Assumptions For Demand-Side Analysis
2.4.4 Supply-Side Analysis
Figure 7 Market Size Estimation Through Supply–Side Analysis
Figure 8 Marine VFD Market: Supply-Side Analysis
2.4.4.1 Supply-Side Calculation
2.4.4.2 Assumptions For Supply Side
2.4.5 Forecast
3 Executive Summary
Table 1 Snapshot Of Marine VFD Market
Figure 9 Asia Pacific Dominated Marine VFD Market In 2018
Figure 10 Ac Drive Segment Is Expected To Lead Marine VFD Market During Forecast Period
Figure 11 Low Voltage Segment Is Expected To Lead Marine VFD Market During Forecast Period
Figure 12 Pump Segment Is Expected To Lead Marine VFD Market During Forecast Period
4 Premium Insights
4.1 Attractive Opportunities In Marine VFD Market During Forecast Period
Figure 13 Rising Need For Energy Efficiency Is Expected To Drive Marine VFD Market
4.2 Marine VFD Market, By Region
Figure 14 Asia Pacific Marine VFD Market Is Expected To Grow At Highest Cagr During Forecast Period
4.3 Asia Pacific Marine VFD Market, By Application And Country
Figure 15 Pump Segment And China Dominated Asia Pacific Marine VFD Market In 2020
4.4 Marine VFD Market, By Type
Figure 16 Ac Drive Segment Is Expected To Dominate Marine VFD Market During Forecast Period
4.5 Marine VFD Market, By Voltage
Figure 17 Low Voltage Segment Is Expected To Dominate Marine VFD Market During Forecast Period
4.6 Marine VFD Market, By Application
Figure 18 Pump Application Is Expected To Dominate Marine VFD Market During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Covid-19 Health Assessment
Figure 19 Covid-19 Global Propagation
Figure 20 Covid-19 Propagation In Selected Countries
5.3 Global Road To Recovery From Covid-19
Figure 21 Global Recovery Road From Covid-19 From 2020 To 2021
5.4 Covid-19 Economic Assessment
Figure 22 Revised Gdp Forecasts For Select G20 Countries In 2020
5.5 Market Dynamics
Figure 23 Marine VFD Market: Drivers, Restraints, Opportunities, And Challenges
5.5.1 Drivers
5.5.1.1 Rising Need For Energy-Efficient Systems In Ships
Table 2 Energy Savings Using VFD 2021
5.5.1.2 Growing Shipbuilding Industry Due To Global Increase In Maritime Activities
Figure 24 Global Maritime Trade, 2015–2019 (Million Tons Loaded)
5.5.2 Restraints
5.5.2.1 Increased Maintenance Cost Of Systems After Implementation Of Vfd
5.5.2.2 Applications With High Range Of Frequency Fluctuations
5.5.3 Opportunities
5.5.3.1 Implementation Of Remote Monitoring In Vfds Creates New Opportunities To Increase Efficiency Of Systems
5.5.3.2 Surging Demand For Integration Of Iot With Marine Vfds
5.5.3.3 Adoption Of Hybrid And Electric Propulsion To Provide New Opportunities For Marine VFD Market
Figure 25 World Fleet Registered Trading Vessels Of 100 Gross Tons And Over (Deadweight Tonnage)
5.5.4 Challenges
5.5.4.1 Low-Quality Products Related To VFD Is Hampering Marine VFD Market
5.5.4.2 Negative Impact Of Covid-19 On Maritime Industry
Figure 26 Global Maritime Trade Growth (%), 2016–2020
5.6 Trends/Disruptions Impacting Customers’ Businesses
5.6.1 Revenue Shift And New Revenue Pockets For Marine VFD Providers
Figure 27 Revenue Shift For Marine VFD Market
5.7 Pricing Analysis
Table 3 Global Average Selling Price Of Marine Vfd, 2020
5.8 Market Map
Table 4 Marine VFD Market: Ecosystem
Figure 28 Market Map/Ecosystem
5.9 Value Chain Analysis
Figure 29 Marine VFD Market Value Chain Analysis
5.9.1 Raw Material/Component Providers
5.9.2 Marine VFD Manufacturers
5.9.3 Distributors And After-Sales Services
5.9.4 End Users
5.10 Technology Analysis
5.10.1 Marine VFD Market Based On Different Technologies
5.11 Marine VFD Market: Codes And Regulations
Table 5 Marine VFD Market: Codes And Regulations
5.12 Innovations And Patent Registrations
Table 6 Marine VFD Market: Innovations And Patent Registrations, August 2014–May 2021
5.13 Case Study Analysis
5.13.1 Viking Line Takes Tension Out Of Harbor Mooring For M/S Gabriella
5.13.1.1 Problem Statement
5.13.1.2 Solution
5.13.2 Ms Cinderella Saves More Than 1000 Tpa Marine Diesel With New Ventilation Control
5.13.2.1 Problem Statement
5.13.2.2 Solution
5.13.3 Commercial Barges Stays Afloat With Help Of VFD Control Pumps
5.13.3.1 Problem Statement
5.13.3.2 Solution
5.14 Porter’s Five Forces Analysis
Table 7 Marine VFD Market: Porter’s Five Forces Analysis
Figure 30 Porter’s Five Forces Analysis For Marine VFD Market
5.14.1 Threat Of Substitutes
5.14.2 Bargaining Power Of Suppliers
5.14.3 Bargaining Power Of Buyers
5.14.4 Threat Of New Entrants
5.14.5 Intensity Of Competitive Rivalry
6 Marine VFD Market, By Type
6.1 Introduction
Figure 31 Ac Drive Segment Accounted For A Larger Market Share In 2020
Table 8 Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 9 Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
6.2 Ac Drive
6.2.1 Rising Need For More Energy-Efficient Systems And Energy Savings Is Likely To Boost Demand For Ac Vfds
Table 10 Marine VFD Market For Ac Drive, By Region, 2016–2019 (Usd Million)
Table 11 Marine VFD Market For Ac Drive, By Region, 2020–2026 (Usd Million)
6.3 Dc Drive
6.3.1 Better Speed Regulation And Rising Use Of Batteries In Electrical Systems Are Likely To Drive Dc Drive Segment
Table 12 Marine VFD Market For Dc Drive, By Region, 2016–2019 (Usd Million)
Table 13 Marine VFD Market For Dc Drive, By Region, 2020–2026 (Usd Million)
7 Marine VFD Market, By Voltage
7.1 Introduction
Figure 32 Low Voltage Segment Accounted For Larger Market Share In 2020
Table 14 Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 15 Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
7.2 Low Voltage (Up To 1000 V)
7.2.1 Increasing Automation And Growing Demand For More Efficient Systems Are Likely To Drive Low Voltage Segment
Table 16 Low-Voltage Marine VFD Market, By Region, 2016–2019 (Usd Million)
Table 17 Low-Voltage Marine VFD Market, By Region, 2020–2026 (Usd Million)
7.3 Medium Voltage (Above 1000 V)
7.3.1 Increasing Adoption Of Hybrid Engines And Upgrade Of Electrical Infrastructure Are Likely To Drive Medium Voltage Segment
Table 18 Medium-Voltage Marine VFD Market, By Region, 2016–2019 (Usd Million)
Table 19 Medium-Voltage Marine VFD Market, By Region, 2020–2026 (Usd Million)
8 Marine VFD Market, By Application
8.1 Introduction
Figure 33 Pump Segment Led Marine VFD Market, By Application, In 2020
Table 20 Marine VFD Market Size, By Application, 2016–2019 (Usd Million)
Table 21 Marine VFD Market, By Application, 2020–2026 (Usd Million)
8.2 Pump
8.2.1 Shift Toward More Energy-Efficient Ships Is Likely To Drive Marine VFD Market For Pump Segment
Table 22 Marine VFD Market For Pump, By Region, 2016–2019 (Usd Million)
Table 23 Marine VFD Market For Pump, By Region, 2020–2026 (Usd Million)
8.3 Fan
8.3.1 More Efficient Ventilation And Cooling Would Drive Marine VFD Market For Fan
Table 24 Marine VFD Market For Fan, By Region, 2016–2019 (Usd Million)
Table 25 Marine VFD Market For Fan, By Region, 2020–2026 (Usd Million)
8.4 Compressor
8.4.1 Growing Shipbuilding Industry Is Expected To Fuel Demand For Compressors
Table 26 Marine VFD Market For Compressor, By Region, 2016–2019 (Usd Million)
Table 27 Marine VFD Market For Compressor, By Region, 2020–2026 (Usd Million)
8.5 Propeller
8.5.1 Adoption Of Electric Propulsion System Is Likely To Drive VFD Market In Propeller Segment
Table 28 Marine VFD Market For Propeller, By Region, 2016–2019 (Usd Million)
Table 29 Marine VFD Market For Propeller, By Region, 2020–2026 (Usd Million)
Table 30 Marine VFD Market For Propeller With Shaft Generator, By Region, 2019–2026 (Usd Million)
Table 31 Marine VFD Market For Propeller Without Shaft Generator, By Region, 2019–2026 (Usd Million)
8.6 Crane & Hoist
8.6.1 Increase In Efficiency And Reduced Maintenance Costs Are Likely To Drive Marine VFD Market For Crane & Hoist Segment
Table 32 Marine VFD Market For Crane & Hoist, By Region, 2016–2019 (Usd Million)
Table 33 Marine VFD Market For Crane & Hoist, By Region, 2020–2026 (Usd Million)
9 Geographic Analysis
9.1 Introduction
Figure 34 Regional Snapshot: Market In Asia Pacific Is Expected To Grow At Highest Cagr During Forecast Period
Figure 35 Marine VFD Market Share, In Terms Of Value, By Region, 2020
Table 34 Marine VFD Market Size, By Region, 2016–2019 (Usd Million)
Table 35 Global Marine VFD Market Size, By Region, 2020–2026 (Usd Million)
9.2 North America
Figure 36 North America: Snapshot Of Marine VFD Market
9.2.1 By Type
Table 36 North America: Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 37 North America: Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
9.2.2 By Voltage
Table 38 North America: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 39 North America: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
9.2.3 By Application
Table 40 North America: Marine VFD Market, By Application, 2016–2019 (Usd Million)
Table 41 North America: Marine VFD Market, By Application, 2020–2026 (Usd Million)
Table 42 North America: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.2.4 By Country
Table 43 North America: Marine VFD Market Size, By Country, 2016–2019 (Usd Million)
Table 44 North America: Marine VFD Market Size, By Country, 2020–2026 (Usd Million)
9.2.5 Us
9.2.5.1 Growing Shipbuilding Industry And Increasing Demand From Naval Forces Are Expected To Drive Marine VFD Market In Us
Table 45 Us: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 46 Us: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 47 Us: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 48 Us: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 49 Us: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.2.6 Canada
9.2.6.1 Rise In Demand For Recreational Marine Activities And Government Policies To Boost Shipping Industry Would Drive Marine VFD Market
Table 50 Canada: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 51 Canada: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 52 Canada: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 53 Canada: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 54 Canada: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.2.7 Mexico
9.2.7.1 Development Of Oil Fields And Governmental Plans For Infrastructural Development Are Likely To Boost Mexico’s Shipping Industry
Table 55 Mexico: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 56 Mexico: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 57 Mexico: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 58 Mexico: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 59 Mexico: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3 Asia Pacific
Figure 37 Asia Pacific: Snapshot Of Marine VFD Market
9.3.1 By Type
Table 60 Asia Pacific: Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 61 Asia Pacific: Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
9.3.2 By Voltage
Table 62 Asia Pacific: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 63 Asia Pacific: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
9.3.3 By Application
Table 64 Asia Pacific: Marine VFD Market, By Application, 2016–2019 (Usd Million)
Table 65 Asia Pacific: Marine VFD Market, By Application, 2020–2026 (Usd Million)
Table 66 Asia Pacific: Marine VFD Market, By Propeller, 2019–2026 (Usd Million)
9.3.4 By Country
Table 67 Asia Pacific: Marine VFD Market Size, By Country, 2016–2019 (Usd Million)
Table 68 Asia Pacific: Marine VFD Market Size, By Country, 2020–2026 (Usd Million)
9.3.4.1 China
9.3.4.1.1 Increasing Trade Flow And Robust Support From Government Are Likely To Boost Shipbuilding Industry And Enhance Market Growth
Table 69 China: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 70 China: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 71 China: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 72 China: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 73 China: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3.4.2 India
9.3.4.2.1 Increasing Marine Freight Traffic And Favorable Government Policies Are Expected To Drive Market
Table 74 India: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 75 India: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 76 India: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 77 India: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 78 India: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3.4.3 Japan
9.3.4.3.1 Growing Financial Support Provided By Government For Developing Marine Industry Is Expected To Drive Market
Table 79 Japan: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 80 Japan: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 81 Japan: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 82 Japan: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 83 Japan: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3.4.4 South Korea
9.3.4.4.1 Increasing Order For New Ships Is Likely To Boost Market
Table 84 South Korea: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 85 South Korea: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 86 South Korea: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 87 South Korea: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 88 South Korea: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3.4.5 Australia
9.3.4.5.1 Growing Manufacturing Of Defense And Commercial Vessels Is Expected To Drive Market
Table 89 Australia: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 90 Australia: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 91 Australia: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 92 Australia: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 93 Australia: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.3.4.6 Rest Of Asia Pacific
9.3.4.6.1 Increasing Trade Volume In This Region And Foreign Investment In Maritime Industry To Drive Market
Table 94 Rest Of Asia Pacific: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 95 Rest Of Asia Pacific: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 96 Rest Of Asia Pacific: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 97 Rest Of Asia Pacific: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 98 Rest Of Asia Pacific: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4 Europe
Figure 38 Europe: Snapshot Of Marine VFD Market
9.4.1 By Type
Table 99 Europe: Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 100 Europe: Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
9.4.2 By Voltage
Table 101 Europe: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 102 Europe: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
9.4.3 By Application
Table 103 Europe: Marine VFD Market, By Application, 2016–2019 (Usd Million)
Table 104 Europe: Marine VFD Market, By Application, 2020–2026 (Usd Million)
Table 105 Europe: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4 By Country
Table 106 Europe: Marine VFD Market Size, By Country, 2016–2019 (Usd Million)
Table 107 Europe: Marine VFD Market Size, By Country, 2020–2026 (Usd Million)
9.4.4.1 Italy
9.4.4.1.1 Increasing Marine Transportation And Recreational Activities To Attract Investments For Marine Vfds
Table 108 Italy: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 109 Italy: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 110 Italy: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 111 Italy: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 112 Italy: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.2 Germany
9.4.4.2.1 Government Initiatives And Friendly Policies For Shipping Industry To Attract Investments For Marine Vfds
Table 113 Germany: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 114 Germany: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 115 Germany: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 116 Germany: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 117 Germany: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.3 France
9.4.4.3.1 Increase In Manufacturing Of Defense Vessels Is Expected To Drive Domestic Marine VFD Market
Table 118 France: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 119 France: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 120 France: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 121 France: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 122 France: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.4 Netherlands
9.4.4.4.1 Country’s Plans To Make Its Maritime Industry Emissions-Free By 2030 Would Drive Domestic Marine VFD Market
Table 123 Netherlands: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 124 Netherlands: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 125 Netherlands: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 126 Netherlands: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 127 Netherlands: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.5 Uk
9.4.4.5.1 Government Support To Boost Shipbuilding Industry Is Likely To Drive Marine VFD Market
Table 128 Uk: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 129 Uk: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 130 Uk: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 131 Uk: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 132 Uk: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.6 Russia
9.4.4.6.1 Government Policies And Funding, Along With Naval Exports, Is Expected To Drive Russian Market
Table 133 Ussia: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 134 Russia: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 135 Russia: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 136 Russia: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 137 Russia: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.4.4.7 Rest Of Europe
9.4.4.7.1 Longer Coastline And Growing Shipbuilding Industry Are Expected To Drive Marine VFD Market
Table 138 Rest Of Europe: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 139 Rest Of Europe: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 140 Rest Of Europe: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 141 Rest Of Europe: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 142 Rest Of Europe: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.5 South America
Figure 39 South America: Snapshot Of Marine VFD Market
9.5.1 By Type
Table 143 South America: Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 144 South America: Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
9.5.2 By Voltage
Table 145 South America: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 146 South America: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
9.5.3 By Application
Table 147 South America: Marine VFD Market, By Application, 2016–2019 (Usd Million)
Table 148 South America: Marine VFD Market, By Application, 2020–2026 (Usd Million)
Table 149 South America: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.5.4 By Country
Table 150 South America: Marine VFD Market Size, By Country, 2016–2019 (Usd Million)
Table 151 South America: Marine VFD Market Size, By Country, 2020–2026 (Usd Million)
9.5.4.1 Brazil
9.5.4.1.1 Increasing Demand For Offshore And Commercial Vessels Is Likely To Drive Marine VFD Market
Table 152 Brazil: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 153 Brazil: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 154 Brazil: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 155 Brazil: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 156 Brazil: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.5.4.2 Argentina
9.5.4.2.1 Focus Of Government On Growth Of Country’s Shipbuilding Industry Is Likely To Drive Domestic Marine VFD Market
Table 157 Argentina: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 158 Argentina: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 159 Argentina: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 160 Argentina: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 161 Argentina: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.5.4.3 Rest Of South America
9.5.4.3.1 Investments In New Shipbuilding Capacities And Naval Exports Along With Trade Exports Are Likely To Boost Marine VFD Market
Table 162 Rest Of South America: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 163 Rest Of South America: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 164 Rest Of South America: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 165 Rest Of South America: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 166 Rest Of South America: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6 Middle East & Africa
Figure 40 Middle East & Africa: Snapshot Of Marine VFD Market
9.6.1 By Type
Table 167 Middle East & Africa: Marine VFD Market Size, By Type, 2016–2019 (Usd Million)
Table 168 Middle East & Africa: Marine VFD Market Size, By Type, 2020–2026 (Usd Million)
9.6.2 By Voltage
Table 169 Middle East & Africa: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 170 Middle East & Africa: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
9.6.3 By Application
Table 171 Middle East & Africa: Marine VFD Market, By Application, 2016–2019 (Usd Million)
Table 172 Middle East & Africa: Marine VFD Market, By Application, 2020–2026 (Usd Million)
Table 173 Middle East & Africa: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6.4 By Country
Table 174 Middle East & Africa: Marine VFD Market Size, By Country, 2016–2019 (Usd Million)
Table 175 Middle East & Africa: Marine VFD Market Size, By Country, 2020–2026 (Usd Million)
9.6.4.1 Saudi Arabia
9.6.4.1.1 Increasing Focus On Shipbuilding Industry Is Expected To Drive Saudi Arabian Marine VFD Market
Table 176 Saudi Arabia: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 177 Saudi Arabia: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 178 Saudi Arabia: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 179 Saudi Arabia: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 180 Saudi Arabia: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6.4.2 Uae
9.6.4.2.1 Government Investments In Naval Power And Oil & Gas Exports Are Expected To Drive Uae Market
Table 181 Uae: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 182 Uae: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 183 Uae: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 184 Uae: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 185 Uae: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6.4.3 Qatar
9.6.4.3.1 Investments In Lng Carriers And Increasing Exports Of Natural Gas And Petroleum Are Expected To Create Demand For Marine Vfds
Table 186 Qatar: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 187 Qatar: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 188 Qatar: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 189 Qatar: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 190 Qatar: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6.4.4 South Africa
9.6.4.4.1 Government Support And Private Investments In Shipbuilding Sector And Port Upgrades Would Drive South African Marine VFD Market
Table 191 South Africa: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 192 South Africa: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 193 South Africa: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 194 South Africa: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 195 South Africa: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
9.6.4.5 Rest Of Middle East & Africa
9.6.4.5.1 Growing Potential For International Trade Is Expected To Drive Market Growth
Table 196 Rest Of Middle East & Africa: Marine VFD Market Size, By Voltage, 2016–2019 (Usd Million)
Table 197 Rest Of Middle East & Africa: Marine VFD Market Size, By Voltage, 2020–2026 (Usd Million)
Table 198 Rest Of Middle East & Africa: Marine VFD Market Size, By Type, 2019–2026 (Usd Million)
Table 199 Rest Of Middle East & Africa: Marine VFD Market Size, By Application, 2019–2026 (Usd Million)
Table 200 Rest Of Middle East & Africa: Marine VFD Market, By Propeller Type, 2019–2026 (Usd Million)
10 Competitive Landscape
10.1 Key Player Strategies/Right To Win
Table 201 Overview Of Strategies Adopted By Top Players, January 2017–September 2021
10.2 Market Share Analysis
Table 202 Marine VFD Market: Degree Of Competition
Figure 41 Leading Players In Marine VFD Market
10.3 Revenue Analysis Of Top Five Market Players
Figure 42 Top Five Players In Marine VFD Market From 2016 To 2020
10.4 Competitive Scenario
Table 203 Marine VFD Market: Product Launches, January 2017–August 2021
Table 204 Marine VFD Market: Deals, June 2017–August 2021
Table 205 Marine VFD Market: Others, July 2017–November 2018
10.5 Company Evaluation Quadrant
10.5.1 Star
10.5.2 Emerging Leader
10.5.3 Pervasive
10.5.4 Participant
Figure 43 Company Evaluation Quadrant: Marine VFD Market, 2020
10.6 Competitive Benchmarking
Table 206 Company Product Footprint
Table 207 Company Application Footprint
Table 208 Company Voltage Footprint
Table 209 Company Region Footprint
11 Company Profiles
(Business Overview, Products/Solutions Offered, Recent Developments, And Mnm View (Key Strengths/Right To Win, Strategic Choices Made, And Weaknesses And Competitive Threats))*
11.1 Major Players
11.1.1 Abb
Table 210 Abb: Company Overview
Figure 44 Abb: Company Snapshot
Table 211 Abb: Products/Solutions Offered
Table 212 Abb: Deals
11.1.2 General Electric
Table 213 General Electric: Company Overview
Figure 45 General Electric: Company Snapshot
Table 214 General Electric: Products/Solutions Offered
Table 215 General Electric: Deals
11.1.3 Danfoss
Table 216 Danfoss: Company Overview
Figure 46 Danfoss: Company Snapshot
Table 217 Danfoss: Products/Solutions Offered
Table 218 Danfoss: Product Launches
Table 219 Danfoss: Deals
Table 220 Danfoss: Others
11.1.4 Rockwell Automation
Table 221 Rockwell Automation: Company Overview
Figure 47 Rockwell Automation: Company Snapshot
Table 222 Rockwell Automation: Products/Solutions Offered
Table 223 Rockwell Automation: Product Launches
Table 224 Rockwell Automation: Deals
11.1.5 Siemens
Table 225 Siemens: Company Overview
Figure 48 Siemens: Company Snapshot
Table 226 Siemens: Products/Solutions Offered
Table 227 Siemens: Product Launches
Table 228 Siemens: Deals
11.1.6 Cg Power And Industrial Solutions
Table 229 Cg Power And Industrial Solutions: Company Overview
Figure 49 Cg Power And Industrial Solutions: Company Snapshot
Table 230 Cg Power And Industrial Solutions: Products/Solutions Offered
11.1.7 Mitsubishi Electric
Table 231 Mitsubishi Electric: Company Overview
Figure 50 Mitsubishi Electric: Company Snapshot
Table 232 Mitsubishi Electric: Products/Solutions Offered
Table 233 Mitsubishi Electric: Product Launches
Table 234 Mitsubishi Electric: Deals
11.1.8 Weg
Table 235 Weg: Company Overview
Figure 51 Weg: Company Snapshot
Table 236 Weg: Products/Solutions Offered
Table 237 Weg: Product Launches
11.1.9 Yaskawa
Table 238 Yaskawa: Company Overview
Figure 52 Yaskawa: Company Snapshot
Table 239 Yaskawa: Products/Solutions Offered
Table 240 Yaskawa: Product Launches
Table 241 Yaskawa: Deals
Table 242 Yaskawa: Others
11.1.10 Parker Hannifin
Table 243 Parker Hannifin: Company Overview
Figure 53 Parker Hannifin: Company Snapshot
Table 244 Parker Hannifin: Products/Solutions Offered
Table 245 Parker Hannifin: Deals
11.1.11 Invertek Drives
Table 246 Invertek Drives: Company Overview
Table 247 Invertek Drives: Products/Solutions Offered
Table 248 Invertek Drives: Deals
11.1.12 Bosch
Table 249 Bosch: Company Overview
Figure 54 Bosch: Company Snapshot
Table 250 Bosch: Products/Solutions Offered
Table 251 Bosch: Deals
11.1.13 Fuji Electric
Table 252 Fuji Electric: Company Overview
Figure 55 Fuji Electric: Company Snapshot
Table 253 Fuji Electric: Products/Solutions Offered
Table 254 Fuji Electric: Deals
11.1.14 Schneider Electric
Table 255 Schneider Electric: Company Overview
Figure 56 Schneider Electric: Company Snapshot
Table 256 Schneider Electric: Products/Solutions Offered
Table 257 Schneider Electric: Deals
11.1.15 Nidec
Table 258 Nidec: Company Overview
Figure 57 Nidec: Company Snapshot
Table 259 Nidec: Products/Solutions Offered
Table 260 Nidec: Deals
Table 261 Nidec: Others
11.2 Other Key Players
11.2.1 Honeywell
Table 262 Honeywell: Company Snapshot
11.2.2 Johnson Controls
Table 263 Johnson Controls: Company Snapshot
11.2.3 Tmeic
Table 264 Tmeic: Company Snapshot
11.2.4 Hitachi Industrial Equipment Systems Co.
Table 265 Hitachi Industrial Equipment Systems Co: Company Snapshot
11.2.5 Ingeteam
Table 266 Ingeteam: Company Snapshot
11.2.6 Emerson
Table 267 Emerson: Company Snapshot
*Details On Business Overview, Products/Solutions Offered, Recent Developments, And Mnm View (Key Strengths/Right To Win, Strategic Choices Made, And Weaknesses And Competitive Threats) Might Not Be Captured In Case Of Unlisted Companies.
12 Appendix
12.1 Insights Of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
