Middle East and Africa Variable Speed Drive Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Voltage (Low Voltage and Medium Voltage), Type (AC Drives, DC Drives, and Servo Drives), Power (Micro-Power Drives, Low-Power Drives, Medium-Power Drives, and High-Power Drives), Application (Pumps, Fans, Compressors, Conveyors, and Others), and End-User [Chemical & Oil and Gas (COG), Industrial, Infrastructure, Power Generation, Water and Wastewater, Marine, District Cooling Plant, and Others]
Market Introduction
The advent of IoT in drive systems is one of the major factor boosting the sales for compact and integrated drive systems. Traditional variable speed drives are usually large and require a lot of space, which is a bottleneck for a large number of customers. Thus, many vendors are developing integrated drive systems that can reduce the overall size and ensure efficient use of space. Vendors are trying to improve the drive’s capability by focusing on continuous R&D activities to provide a compact and flexible motor control solution. Integration of IoT devices in variable speed drive will have a positive impact on the market and is expected to propel market growth in the years to come. Currently, many vendors do not provide IoT in electronic devices; however, an IoT-based integrated drive system is expected to gain momentum in the near future in several applications in the Middle East & Africa.
Increasing investment in infrastructure development and rising use of variable speed drives across major industry verticals, including oil and gas, in the Middle East & Africa region are expected to provide substantial opportunity in the medium term. As old projects have started gaining momentum and new project execution has been picking momentum, the demand for variable speed drives is expected to increase, thereby providing significant opportunities for vendors. Ongoing infrastructure and building automation projects in the UAE and Saudi Arabia are expected to generate significant opportunities for variable drive systems manufacturers in the region. Recently, Saudi Arabia has announced a trillion-dollar pipeline of infrastructure projects aimed at diversifying the economy beyond oil and positioning the region as a global destination for investment in a wide range of areas including smart cities, energy, and tourism. These developments are expected to create opportunities for vendors in the medium to long term.
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Market Overview and Dynamics
The MEA variable speed drive market is expected to grow from US$ 936.5 million in 2021 to US$ 1,433.5 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2021 to 2028.
Recent development in variable speed technology offers expanded communications capabilities, more compact designs, and integrated control features driven by powerful, faster microprocessors. The biggest breakthroughs include advances in medium voltage drives that save cost and space. For example, the simplified design of new transformer less drive technology eliminates the need for a transformer, thereby reducing space and weight requirements, which is an essential consideration in the oil & gas industry. These drives use a pulse width modulated switching patterns and an integrated DC choke as an alternative to heavy and costly transformers that were once the only option for mitigating harmonics and common-mode voltage. By connecting the power supply directly to the drive without an isolation transformer, this technology results in a drive system that is smaller and lighter. Transformer less medium voltage drives are ideal for tightly confined applications such as oil platforms, refineries, and pipeline pump stations.
Key Market Segments
Based on voltage, the low voltage segment dominated the MEA variable speed drive market in 2020. Low-voltage (LV) variable speed drives (VSD) operate at output voltages equal to or less than 690 V. Low voltage VSDs boost the productivity of processes, improve energy efficiency, and cut maintenance costs. Growing demands for LV drives for motor application is driving the need for VSDs with ratings of up to 5 or 6 MW. Manufacturers in the MEA variable speed drive market are focused on designing industry-specific drives with purpose-designed features and functionality to use in machine building and industries for controlling processing lines, which is boosting the market growth.
Based on type, the AC drives segment dominated the MEA variable speed drive market in 2020. Variable speed drive controls the speed and torque of an AC motor by converting fixed frequency and voltage input to a variable frequency and voltage output. Growing demands for the AC drives to improve performance by controlling speed is bolstering the market growth for the AC drives segment. AC drives provide wide power and voltage ranges within a compact size and robust design. They also provide features such as long and reliable services and extendable capabilities through click-in option modules enabling the ease of use to the customers. Manufacturers in the MEA are opting for integrated programmable automation and motion control AC drives to enhance system performance in refrigeration and air conditioning applications. For instance, Danfoss AC drives feature multiple pump-dedicated control and intelligent protection to optimize production. Danfoss drives are also integrated with dry pump protection and end of curve features, creating the desired pressure for pump and pipe applications.
Based on Power, the low-power drives segment dominated the MEA variable speed drive market in 2020. Micro power drives are the controlling motors from a fraction of a kilowatt up to 5 kilowatts. Power motors from 3 Hp to 5 Hp are also categorized as micro drives by some manufacturers. However, some suppliers offer micro drives with lower power range versions with advanced features and functions of their higher-powered counterparts. There is a growing application of micro drives in industrial and commercial machinery applications. Features such as precise speed control and simple integration, compact efficiency, and increased convenience for small motors are driving the market growth for the low-power drives segment.
Based on application, the pumps segment dominated the MEA variable speed drive market in 2020. Pumps are one of the most popular variable speed drive (VSD) system applications. There has been a more interest in employing variable speed control instead of throttling or other inefficient flow control methods to improve energy efficiency. Pumping applications offer a significant opportunity to use VSDs in new and retrofit systems. The vast majority of pumping applications necessitates some level of control. A pump is unlikely to run at maximum speed for an extended period. When it comes for reducing the life cycle costs (LCC) of a pump station, VSDs are critical. Energy, initial investment, and maintenance are the three high costs. In pumping systems, VSD control has various advantages such as energy conservation. Another advantage is that the pump system may be precisely controlled. Furthermore, the majority of pumping applications necessitates some level of control. The volume flow produced head and power consumption of a centrifugal pump are all affected by changing the rotation speed.
Based on end-user, the chemical & oil and gas segment dominated the MEA variable speed drive market in 2020. The chemical & oil, and gas industries (COG) rely heavily on heavy-duty motor-driven pumps and pumping systems for purposes such as production, distribution, and refining. VSDs are integrated to maximize the operational profit and run these electric motors at maximum performance with the lowest possible energy usage, which is driving their demand. Furthermore, the chemical, oil, and gas sectors have many complicated processes subjected to the worst environmental conditions. The process equipment is put to a lot of work in these conditions. High levels of efficiency and availability will directly transfer to greater production output and enhanced product quality. ABB, for instance, is a major player in this field. ABB medium voltage drives are built to last in the harshest environments, such as those found in chemical, oil, and gas applications. Its products are the ACS 1000 (315 kW–5 MW), ACS 2000 (250–1,600 kW), and ACS 5000 (2–32 MW).
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the report on the MEA variable speed drive market are company websites, annual reports, financial reports, national government documents, and statistical database. ABB; Siemens; Emerson Electric; Schneider Electric; Rockwell Automation, Inc.; Danfoss; Yaskawa Electric Corporation; General Electric; WEG; and EMHEATER South Africa are among the major companies listed in the market report.
Reasons to Buy Report
- To understand the MEA variable speed drive market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the market
- To efficiently plan M&A and partnership deals in the market by identifying market segments with the most promising probable sales
- To make business decisions from perceptive and comprehensive analysis of market performance of various segments in the market
- To obtain market revenue forecast by various segments from 2020–2028.
MEA Variable Speed Drive Market Segmentation
- Low Voltage
- Medium Voltage
- AC Drives
- DC Drives
- Servo Drives
By Power
- Micro-Power Drives
- Low-Power Drives
- Medium-Power Drives
- High-Power Drives
By Application
- Pumps
- Fans
- Compressors
- Conveyors
- Others
By End-User
- Chemical & Oil and Gas (COG)
- Industrial
- Infrastructure
- Power Generation
- Water and Wastewater
- Marine
- District Cooling Plant
- Others
Company Profiles
- ABB
- Siemens
- Emerson Electric
- Schneider Electric
- Rockwell Automation, Inc.
- Danfoss
- Yaskawa Electric Corporation
- General Electric
- WEG
- EMHEATER South Africa
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Variable Speed Drive Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 MEA
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Variable Speed Drive Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Need for Energy Efficient Variable Speed Drive Systems
5.1.2 Surging Adoption of IoT-Based Compact and Integrated Drive Systems
5.2 Market Restraints
5.2.1 Complex Installation
5.3 Market Opportunities
5.3.1 Increasing Infrastructure Developments
5.4 Future Trends
5.4.1 Technological Developments
5.5 Impact Analysis of Drivers and Restraints
6. Variable Speed Drive Market – MEA Analysis
6.1 Variable Speed Drive Market- MEA Overview
6.2 MEA Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
6.3 MEA Variable Speed Drive Market: Market Positioning – Five Key Players
7. Variable Speed Drive Market Analysis –By Voltage
7.1 Overview
7.2 Variable Speed Drive Market Breakdown, By Voltage, 2020 & 2028
7.3 Low Voltage
7.3.1 Overview
7.3.2 Low Voltage Market Forecast and Analysis
7.4 Medium Voltage
7.4.1 Overview
7.4.2 Medium Voltage Market Forecast and Analysis
8. Variable Speed Drive Market Analysis – By Type
8.1 Overview
8.2 Variable Speed Drive Market Breakdown, By Type, 2020 & 2028
8.3 AC Drives
8.3.1 Overview
8.3.2 AC Drives Market Forecast and Analysis
8.4 DC Drives
8.4.1 Overview
8.4.2 DC Drives Market Forecast and Analysis
8.5 Servo Drives
8.5.1 Overview
8.5.2 Servo Drives Market Forecast and Analysis
9. Variable Speed Drive Market Analysis – By Power
9.1 Overview
9.2 Variable Speed Drive Market Breakdown, By Power, 2020 & 2028
9.3 Micro-power Drives
9.3.1 Overview
9.3.2 Micro-Power Drives Market Forecast and Analysis
9.4 Low-Power Drives
9.4.1 Overview
9.4.2 Low-Power Drives Market Forecast and Analysis
9.5 Medium-Power Drives
9.5.1 Overview
9.5.2 Medium-Power Drives Market Forecast and Analysis
9.6 High-Power Drives
9.6.1 Overview
9.6.2 High-Power Drives Market Forecast and Analysis
10. Variable Speed Drive Market Analysis – By Application
10.1 Overview
10.2 Variable Speed Drive Market, by Application (2020 and 2028)
10.3 Pumps
10.3.1 Overview
10.3.2 Pumps: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
10.4 Fans
10.4.1 Overview
10.4.2 Fans: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
10.5 Compressors
10.5.1 Overview
10.5.2 Compressors: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
10.6 Conveyors
10.6.1 Overview
10.6.2 Conveyors: Variable speed Drive Market– Revenue and Forecast to 2028 (US$ million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11. Variable Speed Drive Market Analysis – By End-User
11.1 Overview
11.2 Variable Speed Drive Market, by End-User (2020 and 2028)
11.3 Chemical & Oil and Gas (COG)
11.3.1 Overview
11.3.2 Chemical & Oil and Gas: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.4 Industrial
11.4.1 Overview
11.4.2 Industrial: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.5 Infrastructure
11.5.1 Overview
11.5.2 Infrastructure: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.6 Power Generation
11.6.1 Overview
11.6.2 Power Generation Industries: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.7 Water and Wastewater
11.7.1 Overview
11.7.2 Water and Wastewater: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.8 Marine
11.8.1 Overview
11.8.2 Marine: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.9 District Cooling Plants
11.9.1 Overview
11.9.2 District Cooling Plants: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
11.10 Others
11.10.1 Overview
11.10.2 Others: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
12. Variable Speed Drive Market – Country Analysis
12.1 Overview
12.1.1 MEA Variable Speed Drive Market- by Key Country
12.1.1.1 South Africa: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 South Africa: Variable Speed Drive Market, by Voltage
12.1.1.1.2 South Africa: Variable Speed Drive Market, by Type (Revenue)
12.1.1.1.3 South Africa: Variable Speed Drive Market, by Power
12.1.1.1.4 South Africa: Variable Speed Drive Market, by Application
12.1.1.1.5 South Africa: Variable Speed Drive Market, by End User
12.1.1.2 Saudi Arabia: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 Saudi Arabia: Variable Speed Drive Market, by Voltage
12.1.1.2.2 Saudi Arabia: Variable Speed Drive Market, by Type
12.1.1.2.3 Saudi Arabia: Variable Speed Drive Market, by Power
12.1.1.2.4 Saudi Arabia: Variable Speed Drive Market, by Application
12.1.1.2.5 Saudi Arabia: Variable Speed Drive Market, by End User
12.1.1.3 UAE: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 UAE: Variable Speed Drive Market, by Voltage
12.1.1.3.2 UAE: Variable Speed Drive Market, by Type
12.1.1.3.3 UAE: Variable Speed Drive Market, by Power
12.1.1.3.4 UAE: Variable Speed Drive Market, by Application
12.1.1.3.5 UAE: Variable Speed Drive Market, by End User
12.1.1.4 Iraq: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.4.1 Iraq: Variable Speed Drive Market, by Voltage
12.1.1.4.2 Iraq: Variable Speed Drive Market, by Type
12.1.1.4.3 Iraq: Variable Speed Drive Market, by Power
12.1.1.4.4 Iraq: Variable Speed Drive Market, by Application
12.1.1.4.5 Iraq: Variable Speed Drive Market, by End User
12.1.1.5 Kuwait: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.5.1 Kuwait: Variable Speed Drive Market, by Voltage
12.1.1.5.2 Kuwait: Variable Speed Drive Market, by Type
12.1.1.5.3 Kuwait: Variable Speed Drive Market, by Power
12.1.1.5.4 Kuwait: Variable Speed Drive Market, by Application
12.1.1.5.5 Kuwait: Variable Speed Drive Market, by End User
12.1.1.6 Qatar: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.6.1 Qatar: Variable Speed Drive Market, by Voltage
12.1.1.6.2 Qatar: Variable Speed Drive Market, by Type
12.1.1.6.3 Qatar: Variable Speed Drive Market, by Power
12.1.1.6.4 Qatar: Variable Speed Drive Market, by Application
12.1.1.6.5 Qatar: Variable Speed Drive Market, by End User
12.1.1.7 Egypt: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.7.1 Egypt: Variable Speed Drive Market, by Voltage
12.1.1.7.2 Egypt: Variable Speed Drive Market, by Type
12.1.1.7.3 Egypt: Variable Speed Drive Market, by Power
12.1.1.7.4 Egypt: Variable Speed Drive Market, by Application
12.1.1.7.5 Egypt: Variable Speed Drive Market, by End User
12.1.1.8 Oman: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.8.1 Oman: Variable Speed Drive Market, by Voltage
12.1.1.8.2 Oman: Variable Speed Drive Market, by Type
12.1.1.8.3 Oman: Variable Speed Drive Market, by Power
12.1.1.8.4 Oman: Variable Speed Drive Market, by Application
12.1.1.8.5 Oman: Variable Speed Drive Market, by End User
12.1.1.9 Rest of Middle East and Africa: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.9.1 Rest of Middle East and Africa: Variable Speed Drive Market, by Voltage
12.1.1.9.2 Rest of Middle East and Africa: Variable Speed Drive Market, by Type
12.1.1.9.3 Rest of Middle East and Africa: Variable Speed Drive Market, by Power
12.1.1.9.4 Rest of Middle East and Africa: Variable Speed Drive Market, by Application
12.1.1.9.5 Rest of Middle East and Africa: Variable Speed Drive Market, by End User
13. Variable Speed Drive Market- COVID-19 Impact Analysis
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Merger and Acquisition
14.4 New Development
15. COMPANY PROFILES
15.1 ABB
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Emerson Electric Co.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 GENERAL ELECTRIC
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Rockwell Automation, Inc.
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Schneider Electric SE
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Siemens AG
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 WEG
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Yaskawa Electric Corporation
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 EMHEATER South Africa
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
15.10 Danfoss A/S
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Products and Services
15.10.4 Financial Overview
15.10.5 SWOT Analysis
15.10.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Word Index
LIST OF TABLES
Table 1. Variable Speed Drive Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. South Africa: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 3. South Africa: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 4. South Africa: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 5. South Africa: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 6. South Africa: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 7. Saudi Arabia: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 8. Saudi Arabia: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 9. Saudi Arabia: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 10. Saudi Arabia: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 11. Saudi Arabia: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 12. UAE: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 13. UAE: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 14. UAE: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 15. UAE: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 16. UAE: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 17. Iraq: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 18. Iraq: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 19. Iraq: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 20. Iraq: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 21. Iraq: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 22. Kuwait: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 23. Kuwait: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 24. Kuwait: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 25. Kuwait: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 26. Kuwait: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 27. Qatar: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 28. Qatar: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 29. Qatar: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 30. Qatar: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 31. Qatar: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 32. Egypt: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 33. Egypt: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 34. Egypt: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 35. Egypt: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 36. Egypt: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 37. Oman: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 38. Oman: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 39. Oman: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 40. Oman: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 41. Oman: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 42. Rest of Middle East and Africa: Variable Speed Drive Market, by Voltage –Revenue and Forecast to 2028 (USD Million)
Table 43. Rest of Middle East and Africa: Variable Speed Drive Market, by Type –Revenue and Forecast to 2028 (USD Million)
Table 44. Rest of Middle East and Africa: Variable Speed Drive Market, by Power –Revenue and Forecast to 2028 (USD Million)
Table 45. Rest of Middle East and Africa: Variable Speed Drive Market, by Application –Revenue and Forecast to 2028 (USD Million)
Table 46. Rest of Middle East and Africa: Variable Speed Drive Market, by End User –Revenue and Forecast to 2028 (USD Million)
Table 47. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Variable Speed Drive Market Segmentation
Figure 2. MEA Variable Speed Drive Market Segmentation – By Country
Figure 3. MEA Variable Speed Drive Market
Figure 4. Low Voltage held the Largest Market Share in 2020
Figure 5. AC Drives held the Largest Market Share in 2020
Figure 6. Low-power Drives held the Largest Market Share in 2020
Figure 7. Pumps held the Largest Market Share in 2020
Figure 8. Chemical & Oil and Gas held the Largest Market Share in 2020
Figure 9. MEA: PEST Analysis
Figure 10. Variable Speed Drive Market– Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Global Variable Speed Drive Market: Impact Analysis of Drivers and Restraints
Figure 13. MEA Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Variable Speed Drive Market Breakdown, By Voltage, 2020 & 2028 (%)
Figure 15. Low Voltage Market Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Medium Voltage Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Variable Speed Drive Market Breakdown, By Type, 2020 & 2028 (%)
Figure 18. AC Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. DC Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Servo Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Variable Speed Drive Market Breakdown, By Power, 2020 & 2028 (%)
Figure 22. Micro-Power Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Low-Power Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Medium-Power Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. High-Power Drives Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Variable Speed Drive Market Revenue Share, by Application (2020 and 2028)
Figure 27. Pumps: Variable Speed Drive – Revenue and Forecast to 2028 (US$ million)
Figure 28. Fans: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 29. Compressors: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 30. Conveyors: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 31. Others: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 32. Variable Speed Drive Market Revenue Share, by End-User (2020 and 2028)
Figure 33. Chemical & Oil and Gas: Variable Speed Drive – Revenue and Forecast to 2028 (US$ million)
Figure 34. Industrial: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 35. Power Generation Industries: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 36. Water and Wastewater: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 37. Marine: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 38. District Cooling Plants: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 39. Others: Variable Speed Drive Market– Revenue and Forecast to 2028 (US$ million)
Figure 40. MEA Variable Speed Drive Market Revenue Share, By Key Country (2020 and 2028)
Figure 41. South Africa: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Saudi Arabia: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. UAE: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Iraq: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Kuwait: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Qatar: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Egypt: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Oman: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of Middle East and Africa: Variable Speed Drive Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic in MEA Country Markets
The List of Companies - Middle East and Africa Variable Speed Drive Market
- ABB
- Siemens
- Emerson Electric
- Schneider Electric
- Rockwell Automation, Inc.
- Danfoss
- Yaskawa Electric Corporation
- General Electric
- WEG
- EMHEATER South Africa
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