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

Market Overview:

The India frequency converter market is currently witnessing moderate growth. A frequency converter, or frequency changer, refers to an instrument used to convert the input supply frequency as required by specific machinery or equipment. It feeds the connected machinery with the desired current frequency and voltage level. Frequency converters are also used in renewable energy systems, wherein they form an essential component of doubly-fed induction generators (DFIGs) as used in modern multi-megawatt class wind turbines.

India represents one of the largest frequency converter markets in the Asia Pacific region. The market is primarily driven by high investments in the infrastructure and manufacturing sectors. Besides this, India offers a favorable business landscape, administrative setup, attractive policies regarding FDI, and a cheap and skilled labor force. The availability of all these factors has prompted many international companies to set up their manufacturing operations in India. Several automotive companies, such as BMW, Daimler, Volvo, Ford, Hyundai, Suzuki, and Volkswagen, have also initiated various expansion programs. The consequent increase in the demand for AC drives will, thereby, impel the sales of frequency converters across the country. 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 India 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 Region:

  • North India
  • West and Central India
  • South India
  • East India
     

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 India 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 India 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 India 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    India 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 Region
    8.1    North India
        8.1.1 Market Trends
        8.1.2 Market Breakup by State
        8.1.3 Market Forecast
    8.2    West and Central India
        8.2.1 Market Trends
        8.2.2 Market Breakup by State
        8.2.3 Market Forecast
    8.3    South India 
        8.3.1 Market Trends
        8.3.2 Market Breakup by State
        8.3.3 Market Forecast
    8.4    East India 
        8.4.1 Market Trends
        8.4.2 Market Breakup by State
        8.4.3 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    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: India: Frequency Converter Market: Major Drivers and Challenges
Figure 2: India: Frequency Converter Market: Sales Value (in Million US$), 2014-2019
Figure 3: India: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: India: Frequency Converter Market: Breakup by Type (in %), 2019
Figure 5: India: Frequency Converter Market: Breakup by End Use Industry (in %), 2019
Figure 6: India: Frequency Converter Market: Breakup by Region (in %), 2019
Figure 7: India: Frequency Converter (Static Frequency Converter) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: India: Frequency Converter (Static Frequency Converter) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: India: Frequency Converter (Rotary Frequency Converter) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: India: Frequency Converter (Rotary Frequency Converter) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: India: Frequency Converter (Aerospace and Defense) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: India: Frequency Converter (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: India: Frequency Converter (Power and Energy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: India: Frequency Converter (Power and Energy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: India: Frequency Converter (Oil and Gas) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: India: Frequency Converter (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: India: Frequency Converter (Traction) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: India: Frequency Converter (Traction) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: India: Frequency Converter (Marine/Offshore) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: India: Frequency Converter (Marine/Offshore) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: India: Frequency Converter (Process Industry) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: India: Frequency Converter (Process Industry) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: India: Frequency Converter (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: India: Frequency Converter (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: North India: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: North India: Frequency Converter Market: Breakup by State (in %), 2019
Figure 27: North India: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: West and Central India: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: West and Central India: Frequency Converter Market: Breakup by State (in %), 2019
Figure 30: West and Central India: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: South India: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: South India: Frequency Converter Market: Breakup by State (in %), 2019
Figure 33: South India: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: East India: Frequency Converter Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: East India: Frequency Converter Market: Breakup by State (in %), 2019
Figure 36: East India: Frequency Converter Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: India: Frequency Converter Industry: SWOT Analysis
Figure 38: India: Frequency Converter Industry: Value Chain Analysis
Figure 39: India: Frequency Converter Industry: Porter’s Five Forces Analysis

List of Tables

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

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