MEA Variable Frequency Drive Market worth $1.29 billion by 2030 | MarketsandMarkets™
DELRAY BEACH, Fla., May 15, 2025 /PRNewswire/ -- The global MEA Variable Frequency Drive Market is anticipated to grow from estimated USD 0.98 billion in 2025 to USD 1.29 billion by 2030, at a CAGR of 5.6% during the forecast period. The growth of the MEA VFD market is primarily driven by the demand for energy efficiency across industries. Advancements in industrial automation as well as digitalization further boost the market growth as companies seek more efficient and automated systems. Industries such as oil & gas and manufacturing require VFDs to optimize operations and reduce costs.
Browse in-depth TOC on "Wind Turbine Operations and Maintenance Market"
150 - Tables
100 - Figures
200 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52615442
Power segment to be largest end user of MEA variable frequency drive market during forecast period.
The power sector is estimated to be the largest end user of the Middle East & Africa variable frequency drive market throughout the forecast period. The market for this segment is driven by the increasing demand for reliable and energy-efficient power generation, transmission, and distribution systems. VFDs play a critical role in optimizing motor performance, reducing energy consumption, and improving operational control across power plants and substations. As MEA nations expand their electricity infrastructure and integrate renewable energy sources, the adoption of VFDs in the power sector is expected to accelerate significantly, reinforcing its position as the leading end user segment.
Compressor segment to be third-largest application in MEA variable frequency drive market during forecast period.
The compressor segment is anticipated to be the third-largest application of variable frequency drive in the Middle East & Africa during the forecast period. Compressors are essential in various industries, including oil & gas, manufacturing, and HVAC, where efficient control of pressure and airflow is critical. VFDs enhance compressor performance by enabling variable speed operation, reducing energy consumption, minimizing wear and tear, and extending equipment lifespan. As industries in the MEA region increasingly focus on energy efficiency and cost-effective operations, the demand for VFDs in compressor applications is rising steadily.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=52615442
Key Market Players
Some of the key players in the MEA Variable Frequency Drive Market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US).
ABB
ABB is one of the leading companies offering power and automation solutions. The company provides a wide range of products, systems, solutions, and services to various industries, such as aluminum, automotive, cement, chemicals, data center, food & beverages, process automation, life sciences, marine, metals, mining, oil & gas, ports, power generation, pulp & paper, railway, smart cities, solar power, water treatment, and wind power. ABB carries out its operations through four business segments: Electrification, Motion, Industrial Automation, and Robotics & Discrete Automation. It provides variable frequency drive products and services through its Motion business area. The Motion segment provides a wide range of electrical motors, generators, drives, services, and integrated digital powertrain solutions. The segment offers products, services, and solutions through seven operating divisions: Drive Products, System Drives, Traction, IEC LV Motors, Large Motors and Generators, NEMA Motors, and Service. The Service segment offers base services and spare parts, upgrades & replacements, and smart solutions. The Drive Products and System Drives divisions offer low and medium AC drives and modules. ABB has a strong presence across the Middle East and Africa.
Siemens
Siemens has a complete portfolio of products and solutions covering circuit protection, energy automation, and a variety of electrical systems. The electrical distribution portfolio by the company is designed with energy consumption optimization and compatibility with digital ecosystems that resonate well with the latest smart grid initiatives. The company is categorized into six business segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, Digital Industries, and Portfolio Companies. Digital Industries offers variable frequency drive solutions to its customers.
For more information, Inquire Now!
Related Reports:
Variable Frequency Drive Market
Get access to the latest updates on MEA Variable Frequency Drive Companies and MEA Variable Frequency Drive Industry
About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/mea-variable-frequency-drive-market-worth-1-29-billion-by-2030--marketsandmarkets-302456302.html
SOURCE MarketsandMarkets