According to our (Global Info Research) latest study, the global Explosion-proof Variable Frequency Drive (VFD) market size was valued at US$ 120 million in 2024 and is forecast to a readjusted size of USD 215 million by 2031 with a CAGR of 8.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
A variable-frequency drive (VFD, or adjustable-frequency drive, adjustable-speed drive, variable-speed drive, AC drive, micro drive, inverter drive, variable voltage variable frequency drive, or drive) is a type of AC motor drive (system incorporating a motor) that controls speed and torque by varying the frequency of the input electricity. Depending on its topology, it controls the associated voltage or current variation. Explosion-proof variable-frequency drive is based on ordinary VFD and add explosion-proof design and certification to ensure safe operation in flammable and explosive environments.
As the number of explosion-proof motors in industry has grown, so has the application of VFDs to control them in variable speed applications. In most cases the VFD is mounted outside of the hazardous area, simply because it is better from a safety point of view that the minimum amount of variable speed drive equipment is located within the hazardous area normally the motor and its supply cables. Also supporting this approach is cost: a matched VFD/motor package certified for Ex environments is inevitably more expensive and cannot always be justified in today's highly competitive global market for manufacturing.
This report is a detailed and comprehensive analysis for global Explosion-proof Variable Frequency Drive (VFD) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Explosion-proof Variable Frequency Drive (VFD) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Explosion-proof Variable Frequency Drive (VFD) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Explosion-proof Variable Frequency Drive (VFD) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Explosion-proof Variable Frequency Drive (VFD) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Explosion-proof Variable Frequency Drive (VFD)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Explosion-proof Variable Frequency Drive (VFD) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Larson Electronics LLC, Danfoss, Cordyne Inc, Inovance Technology, Wolong, Hiconics, Cumark, Jiaozuo Huafei Electronic, Xingtai Sida Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Explosion-proof Variable Frequency Drive (VFD) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low Voltage
Middle Voltage
High Voltage
Market segment by Application
Oil and Gas
Mining
Chemical & Material
Manufacturing Processing
Others
Major players covered
ABB
Larson Electronics LLC
Danfoss
Cordyne Inc
Inovance Technology
Wolong
Hiconics
Cumark
Jiaozuo Huafei Electronic
Xingtai Sida Electric
WICN
Hansen Electric
Huaxin Electric
Xiangtan Buyi Electrical
Eaton
Qingdao CCS Electric Corporation
MICNO
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Explosion-proof Variable Frequency Drive (VFD) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Explosion-proof Variable Frequency Drive (VFD), with price, sales quantity, revenue, and global market share of Explosion-proof Variable Frequency Drive (VFD) from 2020 to 2025.
Chapter 3, the Explosion-proof Variable Frequency Drive (VFD) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Explosion-proof Variable Frequency Drive (VFD) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Explosion-proof Variable Frequency Drive (VFD) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Explosion-proof Variable Frequency Drive (VFD).
Chapter 14 and 15, to describe Explosion-proof Variable Frequency Drive (VFD) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Explosion-proof Variable Frequency Drive (VFD). Industry analysis & Market Report on Explosion-proof Variable Frequency Drive (VFD) is a syndicated market report, published as Global Explosion-proof Variable Frequency Drive (VFD) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Explosion-proof Variable Frequency Drive (VFD) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.