Industry

VVVF Inverters Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Natural Cooling VVVF Inverter, Forced-air Cooling VVVF Inverter); Application (Subway, Train, Engineering Vehicle, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00017211

No. of Pages : 150
Published Month : Apr 2024
Category : Manufacturing and Construction

MARKET INTRODUCTION



The term VVVF refers to a variable voltage variable frequency drive. Propulsion inverters (VVVF inverters) are control devices that convert the power source of the train into an appropriate type of power for the traction motors to drive.

MARKET DYNAMICS



VVVF inverters convert incoming DC power to AC power and control the quantity of power supplied (voltage and frequency) by the train's speed, etc. Additionally, as the train decelerates, these inverters are also capable of regenerating power from the engines. These inverters also describe the same AC drive as the VFD term, with any AC drive controlling voltage automatically to suit the frequency at which it is running.

MARKET SCOPE



The "Global VVVF Inverters Market Analysis To 2031" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The VVVF inverters market report aims to provide an overview of the VVVF inverters market with detailed market segmentation by type, application, and geography. The global VVVF inverters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading VVVF inverters market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



The global VVVF inverters market is segmented on the basis of type and application. Based on type, the VVVF inverters market is segmented into: Natural Cooling VVVF Inverter and Forced-air Cooling VVVF Inverter. On the basis of application, the VVVF inverters market is segmented into: Subway, Train, Engineering Vehicle, and Others.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global VVVF inverters market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The VVVF inverters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the VVVF inverters market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the VVVF inverters market in these regions.

MARKET PLAYERS



The reports cover key developments in the VVVF inverters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from VVVF inverters market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the VVVF inverters market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the VVVF inverters market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   DAWONSYS
  •   Fuji Electric Co., Ltd.
  •   Len
  •   Mitsubishi Electric Corporation
  •   Shenzhen INVT Electric Co., Ltd.
  •   ŠKODA TRANSPORTATION a.s.
  •   Taiyo Electric Co., Ltd.
  •   Toshiba International Corporation
  •   TOYO DENKI SEIZO K.K.
  •   WJIS

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

VVVF Inverters Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Natural Cooling VVVF Inverter
  • Forced-air Cooling VVVF Inverter
By Application
  • Subway
  • Train
  • Engineering Vehicle
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • DAWONSYS
  • Fuji Electric Co., Ltd.
  • Len
  • Mitsubishi Electric Corporation
  • Shenzhen INVT Electric Co., Ltd.
  • The List of Companies

    1. DAWONSYS
    2. Fuji Electric Co., Ltd.
    3. Len
    4. Mitsubishi Electric Corporation
    5. Shenzhen INVT Electric Co., Ltd.
    6. ŠKODA TRANSPORTATION a.s.
    7. Taiyo Electric Co., Ltd.
    8. Toshiba International Corporation
    9. TOYO DENKI SEIZO K.K.
    10. WJIS
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