AC Adjustable Speed Drive (ASD) have become very popular variable speed control devices used in industrial, commercial and some residential applications. These devices have been available for about 20 years and have a wide range of applications ranging from single motor driven pumps, fans and compressors, to highly sophisticated multi-drive machines. They operate by varying the frequency of the AC voltage supplied to the motor using solid state electronic devices.

The latest research study released by Market IntelliX evaluates market size and forecasts of AC Adjustable Speed Drives in global, including the following market information:

Global AC Adjustable Speed Drives Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global AC Adjustable Speed Drives Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five AC Adjustable Speed Drives companies in 2021 (%)

The global AC Adjustable Speed Drives market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Low Voltage Drives Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of AC Adjustable Speed Drives include Mitsubishi Electric, Siemens, Toshiba, ABB, Schaffner, Danfoos, Yaskawa Electric, WEG and Johnson Controls, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MI has surveyed the AC Adjustable Speed Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Market Segmentations:

Global AC Adjustable Speed Drives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global AC Adjustable Speed Drives Market Segment Percentages, by Type, 2021 (%)

Low Voltage Drives

Medium Voltage Drives

High Voltage Drives

Global AC Adjustable Speed Drives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global AC Adjustable Speed Drives Market Segment Percentages, by Application, 2021 (%)

Pumps

Fans

Others

Global AC Adjustable Speed Drives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global AC Adjustable Speed Drives Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies AC Adjustable Speed Drives revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies AC Adjustable Speed Drives revenues share in global market, 2021 (%)

Key companies AC Adjustable Speed Drives sales in global market, 2017-2022 (Estimated), (K Units)

Key companies AC Adjustable Speed Drives sales share in global market, 2021 (%)

The report presents profiles of competitors in the market, Some of the prominent key players covered:

Mitsubishi Electric

Siemens

Toshiba

ABB

Schaffner

Danfoos

Yaskawa Electric

WEG

Johnson Controls

Power Systems International（PSI）

Rockwell Automation

Fuji Electric

Hitachi

Eaton

Franklin Control Systems

Parker

Schneider Electric

Invertek Drives

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

1 Introduction to Research & Analysis Reports

1.1 AC Adjustable Speed Drives Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global AC Adjustable Speed Drives Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global AC Adjustable Speed Drives Overall Market Size

2.1 Global AC Adjustable Speed Drives Market Size: 2021 VS 2028

2.2 Global AC Adjustable Speed Drives Revenue, Prospects & Forecasts: 2017-2028

2.3 Global AC Adjustable Speed Drives Sales: 2017-2028

3 Company Landscape

3.1 Top AC Adjustable Speed Drives Players in Global Market

3.2 Top Global AC Adjustable Speed Drives Companies Ranked by Revenue

3.3 Global AC Adjustable Speed Drives Revenue by Companies

3.4 Global AC Adjustable Speed Drives Sales by Companies

3.5 Global AC Adjustable Speed Drives Price by Manufacturer (2017-2022)

3.6 Top 3 and Top 5 AC Adjustable Speed Drives Companies in Global Market, by Revenue in 2021

3.7 Global Manufacturers AC Adjustable Speed Drives Product Type

3.8 Tier 1, Tier 2 and Tier 3 AC Adjustable Speed Drives Players in Global Market

3.8.1 List of Global Tier 1 AC Adjustable Speed Drives Companies

3.8.2 List of Global Tier 2 and Tier 3 AC Adjustable Speed Drives Companies

4 Sights by Product

4.1 Overview

4.1.1 By Type - Global AC Adjustable Speed Drives Market Size Markets, 2021 & 2028

4.1.2 Low Voltage Drives

4.1.3 Medium Voltage Drives

4.1.4 High Voltage Drives

4.2 By Type - Global AC Adjustable Speed Drives Revenue & Forecasts

4.2.1 By Type - Global AC Adjustable Speed Drives Revenue, 2017-2022

4.2.2 By Type - Global AC Adjustable Speed Drives Revenue, 2023-2028

4.2.3 By Type - Global AC Adjustable Speed Drives Revenue Market Share, 2017-2028

4.3 By Type - Global AC Adjustable Speed Drives Sales & Forecasts

4.3.1 By Type - Global AC Adjustable Speed Drives Sales, 2017-2022

4.3.2 By Type - Global AC Adjustable Speed Drives Sales, 2023-2028

4.3.3 By Type - Global AC Adjustable Speed Drives Sales Market Share, 2017-2028

4.4 By Type - Global AC Adjustable Speed Drives Price (Manufacturers Selling Prices), 2017-2028

5 Sights By Application

5.1 Overview

5.1.1 By Application - Global AC Adjustable Speed Drives Market Size, 2021 & 2028

5.1.2 Pumps

5.1.3 Fans

5.1.4 Others

5.2 By Application - Global AC Adjustable Speed Drives Revenue & Forecasts

5.2.1 By Application - Global AC Adjustable Speed Drives Revenue, 2017-2022

5.2.2 By Application - Global AC Adjustable Speed Drives Revenue, 2023-2028

5.2.3 By Application - Global AC Adjustable Speed Drives Revenue Market Share, 2017-2028

5.3 By Application - Global AC Adjustable Speed Drives Sales & Forecasts

5.3.1 By Application - Global AC Adjustable Speed Drives Sales, 2017-2022

5.3.2 By Application - Global AC Adjustable Speed Drives Sales, 2023-2028

5.3.3 By Application - Global AC Adjustable Speed Drives Sales Market Share, 2017-2028

5.4 By Application - Global AC Adjustable Speed Drives Price (Manufacturers Selling Prices), 2017-2028

6 Sights by Region

6.1 By Region - Global AC Adjustable Speed Drives Market Size, 2021 & 2028

6.2 By Region - Global AC Adjustable Speed Drives Revenue & Forecasts

6.2.1 By Region - Global AC Adjustable Speed Drives Revenue, 2017-2022

6.2.2 By Region - Global AC Adjustable Speed Drives Revenue, 2023-2028

6.2.3 By Region - Global AC Adjustable Speed Drives Revenue Market Share, 2017-2028

6.3 By Region - Global AC Adjustable Speed Drives Sales & Forecasts

6.3.1 By Region - Global AC Adjustable Speed Drives Sales, 2017-2022

6.3.2 By Region - Global AC Adjustable Speed Drives Sales, 2023-2028

6.3.3 By Region - Global AC Adjustable Speed Drives Sales Market Share, 2017-2028

6.4 North America

6.4.1 By Country - North America AC Adjustable Speed Drives Revenue, 2017-2028

6.4.2 By Country - North America AC Adjustable Speed Drives Sales, 2017-2028

6.4.3 US AC Adjustable Speed Drives Market Size, 2017-2028

6.4.4 Canada AC Adjustable Speed Drives Market Size, 2017-2028

6.4.5 Mexico AC Adjustable Speed Drives Market Size, 2017-2028

6.5 Europe

6.5.1 By Country - Europe AC Adjustable Speed Drives Revenue, 2017-2028

6.5.2 By Country - Europe AC Adjustable Speed Drives Sales, 2017-2028

6.5.3 Germany AC Adjustable Speed Drives Market Size, 2017-2028

6.5.4 France AC Adjustable Speed Drives Market Size, 2017-2028

6.5.5 U.K. AC Adjustable Speed Drives Market Size, 2017-2028

6.5.6 Italy AC Adjustable Speed Drives Market Size, 2017-2028

6.5.7 Russia AC Adjustable Speed Drives Market Size, 2017-2028

6.5.8 Nordic Countries AC Adjustable Speed Drives Market Size, 2017-2028

6.5.9 Benelux AC Adjustable Speed Drives Market Size, 2017-2028

6.6 Asia

6.6.1 By Region - Asia AC Adjustable Speed Drives Revenue, 2017-2028

6.6.2 By Region - Asia AC Adjustable Speed Drives Sales, 2017-2028

6.6.3 China AC Adjustable Speed Drives Market Size, 2017-2028

6.6.4 Japan AC Adjustable Speed Drives Market Size, 2017-2028

6.6.5 South Korea AC Adjustable Speed Drives Market Size, 2017-2028

6.6.6 Southeast Asia AC Adjustable Speed Drives Market Size, 2017-2028

6.6.7 India AC Adjustable Speed Drives Market Size, 2017-2028

6.7 South America

6.7.1 By Country - South America AC Adjustable Speed Drives Revenue, 2017-2028

6.7.2 By Country - South America AC Adjustable Speed Drives Sales, 2017-2028

6.7.3 Brazil AC Adjustable Speed Drives Market Size, 2017-2028

6.7.4 Argentina AC Adjustable Speed Drives Market Size, 2017-2028

6.8 Middle East & Africa

6.8.1 By Country - Middle East & Africa AC Adjustable Speed Drives Revenue, 2017-2028

6.8.2 By Country - Middle East & Africa AC Adjustable Speed Drives Sales, 2017-2028

6.8.3 Turkey AC Adjustable Speed Drives Market Size, 2017-2028

6.8.4 Israel AC Adjustable Speed Drives Market Size, 2017-2028

6.8.5 Saudi Arabia AC Adjustable Speed Drives Market Size, 2017-2028

6.8.6 UAE AC Adjustable Speed Drives Market Size, 2017-2028

7 Manufacturers & Brands Profiles

7.1 Mitsubishi Electric

7.1.1 Mitsubishi Electric Corporate Summary

7.1.2 Mitsubishi Electric Business Overview

7.1.3 Mitsubishi Electric AC Adjustable Speed Drives Major Product Offerings

7.1.4 Mitsubishi Electric AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.1.5 Mitsubishi Electric Key News

7.2 Siemens

7.2.1 Siemens Corporate Summary

7.2.2 Siemens Business Overview

7.2.3 Siemens AC Adjustable Speed Drives Major Product Offerings

7.2.4 Siemens AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.2.5 Siemens Key News

7.3 Toshiba

7.3.1 Toshiba Corporate Summary

7.3.2 Toshiba Business Overview

7.3.3 Toshiba AC Adjustable Speed Drives Major Product Offerings

7.3.4 Toshiba AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.3.5 Toshiba Key News

7.4 ABB

7.4.1 ABB Corporate Summary

7.4.2 ABB Business Overview

7.4.3 ABB AC Adjustable Speed Drives Major Product Offerings

7.4.4 ABB AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.4.5 ABB Key News

7.5 Schaffner

7.5.1 Schaffner Corporate Summary

7.5.2 Schaffner Business Overview

7.5.3 Schaffner AC Adjustable Speed Drives Major Product Offerings

7.5.4 Schaffner AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.5.5 Schaffner Key News

7.6 Danfoos

7.6.1 Danfoos Corporate Summary

7.6.2 Danfoos Business Overview

7.6.3 Danfoos AC Adjustable Speed Drives Major Product Offerings

7.6.4 Danfoos AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.6.5 Danfoos Key News

7.7 Yaskawa Electric

7.7.1 Yaskawa Electric Corporate Summary

7.7.2 Yaskawa Electric Business Overview

7.7.3 Yaskawa Electric AC Adjustable Speed Drives Major Product Offerings

7.7.4 Yaskawa Electric AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.7.5 Yaskawa Electric Key News

7.8 WEG

7.8.1 WEG Corporate Summary

7.8.2 WEG Business Overview

7.8.3 WEG AC Adjustable Speed Drives Major Product Offerings

7.8.4 WEG AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.8.5 WEG Key News

7.9 Johnson Controls

7.9.1 Johnson Controls Corporate Summary

7.9.2 Johnson Controls Business Overview

7.9.3 Johnson Controls AC Adjustable Speed Drives Major Product Offerings

7.9.4 Johnson Controls AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.9.5 Johnson Controls Key News

7.10 Power Systems International（PSI）

7.10.1 Power Systems International（PSI） Corporate Summary

7.10.2 Power Systems International（PSI） Business Overview

7.10.3 Power Systems International（PSI） AC Adjustable Speed Drives Major Product Offerings

7.10.4 Power Systems International（PSI） AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.10.5 Power Systems International（PSI） Key News

7.11 Rockwell Automation

7.11.1 Rockwell Automation Corporate Summary

7.11.2 Rockwell Automation AC Adjustable Speed Drives Business Overview

7.11.3 Rockwell Automation AC Adjustable Speed Drives Major Product Offerings

7.11.4 Rockwell Automation AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.11.5 Rockwell Automation Key News

7.12 Fuji Electric

7.12.1 Fuji Electric Corporate Summary

7.12.2 Fuji Electric AC Adjustable Speed Drives Business Overview

7.12.3 Fuji Electric AC Adjustable Speed Drives Major Product Offerings

7.12.4 Fuji Electric AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.12.5 Fuji Electric Key News

7.13 Hitachi

7.13.1 Hitachi Corporate Summary

7.13.2 Hitachi AC Adjustable Speed Drives Business Overview

7.13.3 Hitachi AC Adjustable Speed Drives Major Product Offerings

7.13.4 Hitachi AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.13.5 Hitachi Key News

7.14 Eaton

7.14.1 Eaton Corporate Summary

7.14.2 Eaton Business Overview

7.14.3 Eaton AC Adjustable Speed Drives Major Product Offerings

7.14.4 Eaton AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.14.5 Eaton Key News

7.15 Franklin Control Systems

7.15.1 Franklin Control Systems Corporate Summary

7.15.2 Franklin Control Systems Business Overview

7.15.3 Franklin Control Systems AC Adjustable Speed Drives Major Product Offerings

7.15.4 Franklin Control Systems AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.15.5 Franklin Control Systems Key News

7.16 Parker

7.16.1 Parker Corporate Summary

7.16.2 Parker Business Overview

7.16.3 Parker AC Adjustable Speed Drives Major Product Offerings

7.16.4 Parker AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.16.5 Parker Key News

7.17 Schneider Electric

7.17.1 Schneider Electric Corporate Summary

7.17.2 Schneider Electric Business Overview

7.17.3 Schneider Electric AC Adjustable Speed Drives Major Product Offerings

7.17.4 Schneider Electric AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.17.5 Schneider Electric Key News

7.18 Invertek Drives

7.18.1 Invertek Drives Corporate Summary

7.18.2 Invertek Drives Business Overview

7.18.3 Invertek Drives AC Adjustable Speed Drives Major Product Offerings

7.18.4 Invertek Drives AC Adjustable Speed Drives Sales and Revenue in Global (2017-2022)

7.18.5 Invertek Drives Key News

8 Global AC Adjustable Speed Drives Production Capacity, Analysis

8.1 Global AC Adjustable Speed Drives Production Capacity, 2017-2028

8.2 AC Adjustable Speed Drives Production Capacity of Key Manufacturers in Global Market

8.3 Global AC Adjustable Speed Drives Production by Region

9 Key Market Trends, Opportunity, Drivers and Restraints

9.1 Market Opportunities & Trends

9.2 Market Drivers

9.3 Market Restraints

10 AC Adjustable Speed Drives Supply Chain Analysis

10.1 AC Adjustable Speed Drives Industry Value Chain

10.2 AC Adjustable Speed Drives Upstream Market

10.3 AC Adjustable Speed Drives Downstream and Clients

10.4 Marketing Channels Analysis

10.4.1 Marketing Channels

10.4.2 AC Adjustable Speed Drives Distributors and Sales Agents in Global

11 Conclusion

12 Appendix

12.1 Note

12.2 Examples of Clients

12.3 Disclaimer

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)