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COVID-19 Impact on Global Marine Variable Frequency Drive (VFD) Market Insights, Forecast to 2026

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1 Study Coverage

  • 1.1 Marine Variable Frequency Drive (VFD) Product Introduction
  • 1.2 Key Market Segments in This Study
  • 1.3 Key Manufacturers Covered: Ranking of Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Revenue in 2019
  • 1.4 Market by Type
    • 1.4.1 Global Marine Variable Frequency Drive (VFD) Market Size Growth Rate by Type
    • 1.4.2 AC Drive
    • 1.4.3 DC Drive
  • 1.5 Market by Application
    • 1.5.1 Global Marine Variable Frequency Drive (VFD) Market Size Growth Rate by Application
    • 1.5.2 Marine Pump
    • 1.5.3 Marine Fan
    • 1.5.4 Marine Compressor
    • 1.5.5 Marine Propulsion/Thruster
    • 1.5.6 Marine Crane & Hoist
  • 1.6 Coronavirus Disease 2019 (Covid-19): Marine Variable Frequency Drive (VFD) Industry Impact
    • 1.6.1 How the Covid-19 is Affecting the Marine Variable Frequency Drive (VFD) Industry
      • 1.6.1.1 Marine Variable Frequency Drive (VFD) Business Impact Assessment - Covid-19
      • 1.6.1.2 Supply Chain Challenges
      • 1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
    • 1.6.2 Market Trends and Marine Variable Frequency Drive (VFD) Potential Opportunities in the COVID-19 Landscape
    • 1.6.3 Measures / Proposal against Covid-19
      • 1.6.3.1 Government Measures to Combat Covid-19 Impact
      • 1.6.3.2 Proposal for Marine Variable Frequency Drive (VFD) Players to Combat Covid-19 Impact
  • 1.7 Study Objectives
  • 1.8 Years Considered

2 Executive Summary

  • 2.1 Global Marine Variable Frequency Drive (VFD) Market Size Estimates and Forecasts
    • 2.1.1 Global Marine Variable Frequency Drive (VFD) Revenue Estimates and Forecasts 2015-2026
    • 2.1.2 Global Marine Variable Frequency Drive (VFD) Production Capacity Estimates and Forecasts 2015-2026
    • 2.1.3 Global Marine Variable Frequency Drive (VFD) Production Estimates and Forecasts 2015-2026
  • 2.2 Global Marine Variable Frequency Drive (VFD) Market Size by Producing Regions: 2015 VS 2020 VS 2026
  • 2.3 Analysis of Competitive Landscape
    • 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
    • 2.3.2 Global Marine Variable Frequency Drive (VFD) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    • 2.3.3 Global Marine Variable Frequency Drive (VFD) Manufacturers Geographical Distribution
  • 2.4 Key Trends for Marine Variable Frequency Drive (VFD) Markets & Products
  • 2.5 Primary Interviews with Key Marine Variable Frequency Drive (VFD) Players (Opinion Leaders)

3 Market Size by Manufacturers

  • 3.1 Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Production Capacity
    • 3.1.1 Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Production Capacity (2015-2020)
    • 3.1.2 Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Production (2015-2020)
    • 3.1.3 Global Top Marine Variable Frequency Drive (VFD) Manufacturers Market Share by Production
  • 3.2 Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Revenue
    • 3.2.1 Global Top Marine Variable Frequency Drive (VFD) Manufacturers by Revenue (2015-2020)
    • 3.2.2 Global Top Marine Variable Frequency Drive (VFD) Manufacturers Market Share by Revenue (2015-2020)
    • 3.2.3 Global Top 10 and Top 5 Companies by Marine Variable Frequency Drive (VFD) Revenue in 2019
  • 3.3 Global Marine Variable Frequency Drive (VFD) Price by Manufacturers
  • 3.4 Mergers & Acquisitions, Expansion Plans

4 Marine Variable Frequency Drive (VFD) Production by Regions

  • 4.1 Global Marine Variable Frequency Drive (VFD) Historic Market Facts & Figures by Regions
    • 4.1.1 Global Top Marine Variable Frequency Drive (VFD) Regions by Production (2015-2020)
    • 4.1.2 Global Top Marine Variable Frequency Drive (VFD) Regions by Revenue (2015-2020)
  • 4.2 North America
    • 4.2.1 North America Marine Variable Frequency Drive (VFD) Production (2015-2020)
    • 4.2.2 North America Marine Variable Frequency Drive (VFD) Revenue (2015-2020)
    • 4.2.3 Key Players in North America
    • 4.2.4 North America Marine Variable Frequency Drive (VFD) Import & Export (2015-2020)
  • 4.3 Europe
    • 4.3.1 Europe Marine Variable Frequency Drive (VFD) Production (2015-2020)
    • 4.3.2 Europe Marine Variable Frequency Drive (VFD) Revenue (2015-2020)
    • 4.3.3 Key Players in Europe
    • 4.3.4 Europe Marine Variable Frequency Drive (VFD) Import & Export (2015-2020)
  • 4.4 China
    • 4.4.1 China Marine Variable Frequency Drive (VFD) Production (2015-2020)
    • 4.4.2 China Marine Variable Frequency Drive (VFD) Revenue (2015-2020)
    • 4.4.3 Key Players in China
    • 4.4.4 China Marine Variable Frequency Drive (VFD) Import & Export (2015-2020)
  • 4.5 Japan
    • 4.5.1 Japan Marine Variable Frequency Drive (VFD) Production (2015-2020)
    • 4.5.2 Japan Marine Variable Frequency Drive (VFD) Revenue (2015-2020)
    • 4.5.3 Key Players in Japan
    • 4.5.4 Japan Marine Variable Frequency Drive (VFD) Import & Export (2015-2020)

5 Marine Variable Frequency Drive (VFD) Consumption by Region

  • 5.1 Global Top Marine Variable Frequency Drive (VFD) Regions by Consumption
    • 5.1.1 Global Top Marine Variable Frequency Drive (VFD) Regions by Consumption (2015-2020)
    • 5.1.2 Global Top Marine Variable Frequency Drive (VFD) Regions Market Share by Consumption (2015-2020)
  • 5.2 North America
    • 5.2.1 North America Marine Variable Frequency Drive (VFD) Consumption by Application
    • 5.2.2 North America Marine Variable Frequency Drive (VFD) Consumption by Countries
    • 5.2.3 U.S.
    • 5.2.4 Canada
  • 5.3 Europe
    • 5.3.1 Europe Marine Variable Frequency Drive (VFD) Consumption by Application
    • 5.3.2 Europe Marine Variable Frequency Drive (VFD) Consumption by Countries
    • 5.3.3 Germany
    • 5.3.4 France
    • 5.3.5 U.K.
    • 5.3.6 Italy
    • 5.3.7 Russia
  • 5.4 Asia Pacific
    • 5.4.1 Asia Pacific Marine Variable Frequency Drive (VFD) Consumption by Application
    • 5.4.2 Asia Pacific Marine Variable Frequency Drive (VFD) Consumption by Regions
    • 5.4.3 China
    • 5.4.4 Japan
    • 5.4.5 South Korea
    • 5.4.6 India
    • 5.4.7 Australia
    • 5.4.8 Taiwan
    • 5.4.9 Indonesia
    • 5.4.10 Thailand
    • 5.4.11 Malaysia
    • 5.4.12 Philippines
    • 5.4.13 Vietnam
  • 5.5 Central & South America
    • 5.5.1 Central & South America Marine Variable Frequency Drive (VFD) Consumption by Application
    • 5.5.2 Central & South America Marine Variable Frequency Drive (VFD) Consumption by Country
    • 5.5.3 Mexico
    • 5.5.3 Brazil
    • 5.5.3 Argentina
  • 5.6 Middle East and Africa
    • 5.6.1 Middle East and Africa Marine Variable Frequency Drive (VFD) Consumption by Application
    • 5.6.2 Middle East and Africa Marine Variable Frequency Drive (VFD) Consumption by Countries
    • 5.6.3 Turkey
    • 5.6.4 Saudi Arabia
    • 5.6.5 U.A.E

6 Market Size by Type (2015-2026)

  • 6.1 Global Marine Variable Frequency Drive (VFD) Market Size by Type (2015-2020)
    • 6.1.1 Global Marine Variable Frequency Drive (VFD) Production by Type (2015-2020)
    • 6.1.2 Global Marine Variable Frequency Drive (VFD) Revenue by Type (2015-2020)
    • 6.1.3 Marine Variable Frequency Drive (VFD) Price by Type (2015-2020)
  • 6.2 Global Marine Variable Frequency Drive (VFD) Market Forecast by Type (2021-2026)
    • 6.2.1 Global Marine Variable Frequency Drive (VFD) Production Forecast by Type (2021-2026)
    • 6.2.2 Global Marine Variable Frequency Drive (VFD) Revenue Forecast by Type (2021-2026)
    • 6.2.3 Global Marine Variable Frequency Drive (VFD) Price Forecast by Type (2021-2026)
  • 6.3 Global Marine Variable Frequency Drive (VFD) Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End

7 Market Size by Application (2015-2026)

  • 7.2.1 Global Marine Variable Frequency Drive (VFD) Consumption Historic Breakdown by Application (2015-2020)
  • 7.2.2 Global Marine Variable Frequency Drive (VFD) Consumption Forecast by Application (2021-2026)

8 Corporate Profiles

  • 8.1 Danfoss
    • 8.1.1 Danfoss Corporation Information
    • 8.1.2 Danfoss Overview and Its Total Revenue
    • 8.1.3 Danfoss Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.1.4 Danfoss Product Description
    • 8.1.5 Danfoss Recent Development
  • 8.2 ABB
    • 8.2.1 ABB Corporation Information
    • 8.2.2 ABB Overview and Its Total Revenue
    • 8.2.3 ABB Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.2.4 ABB Product Description
    • 8.2.5 ABB Recent Development
  • 8.3 Rockwell Automation
    • 8.3.1 Rockwell Automation Corporation Information
    • 8.3.2 Rockwell Automation Overview and Its Total Revenue
    • 8.3.3 Rockwell Automation Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.3.4 Rockwell Automation Product Description
    • 8.3.5 Rockwell Automation Recent Development
  • 8.4 Siemens
    • 8.4.1 Siemens Corporation Information
    • 8.4.2 Siemens Overview and Its Total Revenue
    • 8.4.3 Siemens Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.4.4 Siemens Product Description
    • 8.4.5 Siemens Recent Development
  • 8.5 CG Power and IndUStrial Solutions
    • 8.5.1 CG Power and IndUStrial Solutions Corporation Information
    • 8.5.2 CG Power and IndUStrial Solutions Overview and Its Total Revenue
    • 8.5.3 CG Power and IndUStrial Solutions Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.5.4 CG Power and IndUStrial Solutions Product Description
    • 8.5.5 CG Power and IndUStrial Solutions Recent Development
  • 8.6 Mitsubishi Electric
    • 8.6.1 Mitsubishi Electric Corporation Information
    • 8.6.2 Mitsubishi Electric Overview and Its Total Revenue
    • 8.6.3 Mitsubishi Electric Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.6.4 Mitsubishi Electric Product Description
    • 8.6.5 Mitsubishi Electric Recent Development
  • 8.7 WEG
    • 8.7.1 WEG Corporation Information
    • 8.7.2 WEG Overview and Its Total Revenue
    • 8.7.3 WEG Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.7.4 WEG Product Description
    • 8.7.5 WEG Recent Development
  • 8.8 Invertek Drives
    • 8.8.1 Invertek Drives Corporation Information
    • 8.8.2 Invertek Drives Overview and Its Total Revenue
    • 8.8.3 Invertek Drives Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.8.4 Invertek Drives Product Description
    • 8.8.5 Invertek Drives Recent Development
  • 8.9 Eaton
    • 8.9.1 Eaton Corporation Information
    • 8.9.2 Eaton Overview and Its Total Revenue
    • 8.9.3 Eaton Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.9.4 Eaton Product Description
    • 8.9.5 Eaton Recent Development
  • 8.10 GE
    • 8.10.1 GE Corporation Information
    • 8.10.2 GE Overview and Its Total Revenue
    • 8.10.3 GE Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.10.4 GE Product Description
    • 8.10.5 GE Recent Development
  • 8.11 Yaskawa
    • 8.11.1 Yaskawa Corporation Information
    • 8.11.2 Yaskawa Overview and Its Total Revenue
    • 8.11.3 Yaskawa Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.11.4 Yaskawa Product Description
    • 8.11.5 Yaskawa Recent Development
  • 8.12 Parker Hannifin
    • 8.12.1 Parker Hannifin Corporation Information
    • 8.12.2 Parker Hannifin Overview and Its Total Revenue
    • 8.12.3 Parker Hannifin Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.12.4 Parker Hannifin Product Description
    • 8.12.5 Parker Hannifin Recent Development
  • 8.13 Beard Marine Group
    • 8.13.1 Beard Marine Group Corporation Information
    • 8.13.2 Beard Marine Group Overview and Its Total Revenue
    • 8.13.3 Beard Marine Group Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
    • 8.13.4 Beard Marine Group Product Description
    • 8.13.5 Beard Marine Group Recent Development

9 Production Forecasts by Regions

  • 9.1 Global Top Marine Variable Frequency Drive (VFD) Regions Forecast by Revenue (2021-2026)
  • 9.2 Global Top Marine Variable Frequency Drive (VFD) Regions Forecast by Production (2021-2026)
  • 9.3 Key Marine Variable Frequency Drive (VFD) Production Regions Forecast
    • 9.3.1 North America
    • 9.3.2 Europe
    • 9.3.3 China
    • 9.3.4 Japan

10 Marine Variable Frequency Drive (VFD) Consumption Forecast by Region

  • 10.1 Global Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)
  • 10.2 North America Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)
  • 10.3 Europe Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)
  • 10.4 Asia Pacific Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)
  • 10.5 Latin America Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)
  • 10.6 Middle East and Africa Marine Variable Frequency Drive (VFD) Consumption Forecast by Region (2021-2026)

11 Value Chain and Sales Channels Analysis

  • 11.1 Value Chain Analysis
  • 11.2 Sales Channels Analysis
    • 11.2.1 Marine Variable Frequency Drive (VFD) Sales Channels
    • 11.2.2 Marine Variable Frequency Drive (VFD) Distributors
  • 11.3 Marine Variable Frequency Drive (VFD) Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis

  • 12.1 Market Opportunities and Drivers
  • 12.2 Market Challenges
  • 12.3 Market Risks/Restraints
  • 12.4 Porter's Five Forces Analysis

13 Key Finding in The Global Marine Variable Frequency Drive (VFD) Study

    14 Appendix

    • 14.1 Research Methodology
      • 14.1.1 Methodology/Research Approach
      • 14.1.2 Data Source
    • 14.2 Author Details

    Variable Frequency Drive (VFD) is a type of adjustable-speed drive used in electro-mechanical drive systems to control AC motor speed and torque by varying motor input frequency and voltage.
    Asia Pacific is estimated to be the largest market from 2019 to 2024. The growth of this region can be attributed to the strong economic growth and supportive government policies for the shipbuilding industry. China, South Korea, and Japan are among the fastest growing countries in Asia Pacific.
    Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Marine Variable Frequency Drive (VFD) market in 2020.
    COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
    The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
    This report also analyses the impact of Coronavirus COVID-19 on the Marine Variable Frequency Drive (VFD) industry.
    Based on our recent survey, we have several different scenarios about the Marine Variable Frequency Drive (VFD) YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Marine Variable Frequency Drive (VFD) will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
    With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Marine Variable Frequency Drive (VFD) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Marine Variable Frequency Drive (VFD) market in terms of both revenue and volume.
    Players, stakeholders, and other participants in the global Marine Variable Frequency Drive (VFD) market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
    Production and Pricing Analyses
    Readers are provided with deeper production analysis, import and export analysis, and pricing analysis for the global Marine Variable Frequency Drive (VFD) market. As part of production analysis, the report offers accurate statistics and figures for production capacity, production volume by region, and global production and production by each type segment for the period 2015-2026.
    In the pricing analysis section of the report, readers are provided with validated statistics and figures for price by manufacturer and price by region for the period 2015-2020 and price by each type segment for the period 2015-2026. The import and export analysis for the global Marine Variable Frequency Drive (VFD) market has been provided based on region.
    Regional and Country-level Analysis
    The report offers an exhaustive geographical analysis of the global Marine Variable Frequency Drive (VFD) market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
    The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of volume for the period 2015-2026.
    Competition Analysis
    In the competitive analysis section of the report, leading as well as prominent players of the global Marine Variable Frequency Drive (VFD) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
    On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Marine Variable Frequency Drive (VFD) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Marine Variable Frequency Drive (VFD) market.
    The following manufacturers are covered in this report:
    Danfoss
    ABB
    Rockwell Automation
    Siemens
    CG Power and IndUStrial Solutions
    Mitsubishi Electric
    WEG
    Invertek Drives
    Eaton
    GE
    Yaskawa
    Parker Hannifin
    Beard Marine Group
    Marine Variable Frequency Drive (VFD) Breakdown Data by Type
    AC Drive
    DC Drive
    Marine Variable Frequency Drive (VFD) Breakdown Data by Application
    Marine Pump
    Marine Fan
    Marine Compressor
    Marine Propulsion/Thruster
    Marine Crane & Hoist

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