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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Europe Frequency Converter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The Europe frequency converter market is currently witnessing moderate growth. A frequency converter, also known as frequency changer, refers to electromechanical equipment used to change the frequency of alternating current (AC). It transforms fixed-rate and voltage sinewave or line power into a variable frequency and voltage output. This power conversion device uses a combination of semiconductors and diodes to facilitate proper frequency change. It also manipulates the speed, torque, and processes the temperature without using a separate controller. In Europe, frequency converters have gained traction as they are low cost and do not require additional throttle valves and dampers. They also reduce the electrical and mechanical stress on the machine and its sub-components.

Europe represents one of the largest markets for frequency converters in the world. The market is primarily driven by the European Union's new motor efficiency regulation, the premium efficiency stage, or IE3. This has been mandated by Regulation 640/2009 for all-electric motors, resulting in the shift toward higher efficiency standards that requires the use of frequency converters.  Besides this, the rising usage of frequency converters in industrial applications is also contributing to the market growth. Furthermore, the increasing offshore windmill installations, especially in Northern Europe, in the North Sea, the Irish Sea, Baltic Sea, and the English Channel, have increased the demand for the product. Looking forward, the market is expected to continue its moderate growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe frequency converter market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, type and end use industry.

Breakup by Type:

  • Static Frequency Converter
  • Rotary Frequency Converter
     

Breakup by End Use Industry:

  • Aerospace and Defense
  • Power and Energy
  • Oil and Gas
  • Traction
  • Marine/Offshore
  • Process Industry
  • Others
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Europe frequency converter market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Europe frequency converter market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Europe frequency converter market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Europe Frequency Converter Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Static Frequency Converter
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Rotary Frequency Converter
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End Use Industry
    7.1    Aerospace and Defense
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Power and Energy
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Oil and Gas
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Traction
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Marine/Offshore
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Process Industry
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by Country
    8.1    Germany
        8.1.1 Market Trends
        8.1.2 Market Breakup by Type
        8.1.3 Market Breakup by End Use Industry
        8.1.4 Market Forecast
    8.2    France
        8.2.1 Market Trends
        8.2.2 Market Breakup by Type
        8.2.3 Market Breakup by End Use Industry
        8.2.4 Market Forecast
    8.3    United Kingdom
        8.3.1 Market Trends
        8.3.2 Market Breakup by Type
        8.3.3 Market Breakup by End Use Industry
        8.3.4 Market Forecast
    8.4    Italy
        8.4.1 Market Trends
        8.4.2 Market Breakup by Type
        8.4.3 Market Breakup by End Use Industry
        8.4.4 Market Forecast
    8.5    Spain
        8.5.1 Market Trends
        8.5.2 Market Breakup by Type
        8.5.3 Market Breakup by End Use Industry
        8.5.4 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Breakup by Type
        8.6.3 Market Breakup by End Use Industry
        8.6.4 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Policy and Regulatory Landscape
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: Europe: Frequency Converter Market: Major Drivers and Challenges
Figure 2: Europe: Frequency Converter Market: Sales Value (in Million US$), 2014-2019
Figure 3: Europe: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: Europe: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 5: Europe: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 6: Europe: Frequency Converter Market: Breakup by Country (in %), 2019
Figure 7: Europe: Frequency Converter (Static Frequency Converter) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: Europe: Frequency Converter (Static Frequency Converter) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: Europe: Frequency Converter (Rotary Frequency Converter) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Europe: Frequency Converter (Rotary Frequency Converter) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Europe: Frequency Converter (Aerospace and Defense) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Europe: Frequency Converter (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Europe: Frequency Converter (Power and Energy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Europe: Frequency Converter (Power and Energy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Europe: Frequency Converter (Oil and Gas) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Europe: Frequency Converter (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Europe: Frequency Converter (Traction) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Europe: Frequency Converter (Traction) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Europe: Frequency Converter (Marine/Offshore) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Europe: Frequency Converter (Marine/Offshore) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Europe: Frequency Converter (Process Industry) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Europe: Frequency Converter (Process Industry) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Europe: Frequency Converter (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Europe: Frequency Converter (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Germany: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Germany: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 27: Germany: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 28: Germany: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: France: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: France: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 31: France: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 32: France: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: United Kingdom: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: United Kingdom: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 35: United Kingdom: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 36: United Kingdom: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Italy: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Italy: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 39: Italy: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 40: Italy: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025 
Figure 41: Spain: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Spain: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 43: Spain: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 44: Spain: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Others: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Others: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Europe: Frequency Converter Industry: SWOT Analysis
Figure 48: Europe: Frequency Converter Industry: Value Chain Analysis
Figure 49: Europe: Frequency Converter Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Europe: Frequency Converter Market: Key Industry Highlights, 2019 and 2025
Table 2: Europe: Frequency Converter Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Europe: Frequency Converter Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 4: Europe: Frequency Converter Market Forecast: Breakup by Country (in Million US$), 2020-2025
Table 5: Europe: Frequency Converter Market: Competitive Structure
Table 6: Europe: Frequency Converter Market: Key Players

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