MEAの可変周波数ドライブ市場 – 2030年までの世界動向と予測

MEA Variable Frequency Drive Market - Forecast To 2030

MEAの可変周波数ドライブ市場 - タイプ(ACドライブ、DCドライブ、サーボドライブ)、用途(ポンプ、ファン&ブロワー、コンプレッサー、コンベア、その他)、電力定格(マイクロ、低、中、高)、電圧、エンドユーザー、地域別 - 2030年までの世界動向と予測
MEA Variable Frequency Drive Market by Type (AC Drive, DC Drive, Servo Drive), Application (Pumps, Fans & Blowers, Compressors, Conveyors, Others), Power Rating (Micro, Low, Medium, High), Voltage, End User, and Region - Global Trends & Forecast to 2030

商品番号 : SMB-78965

出版社MarketsandMarkets
出版年月2025年5月
ページ数240
図表数308
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、MEAの可変周波数ドライブ市場を、タイプ別(ACドライブ、DCドライブ、サーボモーター)、電力定格別(マイクロパワードライブ、低電力ドライブ、中電力ドライブ、高電力ドライブ)、用途別(ポンプ、コンプレッサー、コンベア、ファン、その他)、エンドユーザー別(石油・ガス、化学・石油化学、鉱業・金属、建設・インフラ、食品・飲料、自動車、電力、水・廃水処理)、電圧別(低電圧、中電圧)、地域別(中東・アフリカ)に定義、説明、予測しています。本レポートは、可変周波数ドライブ市場の成長に影響を与える推進要因、制約要因、課題、機会など、主要な要因に関する詳細な情報を網羅しています。主要業界プレーヤーの詳細な分析により、各社の事業概要、ソリューション、サービス、契約、パートナーシップ、合意、新製品・サービスの発売、合併・買収などの主要戦略、そしてMEA可変周波数ドライブ市場に関連する最近の動向に関する洞察を提供しています。このレポートでは、可変周波数ドライブ市場のエコシステムにおける今後の新興企業の競合分析について説明します。

The MEA variable frequency drive market is projected to reach USD 1.29 billion by 2030 from an estimated USD 0.98 billion in 2025, at a CAGR of 5.6% during the forecast period (2025–2030). Continued industrialization in the MEA region is increasing the demand for energy. There is a growing demand for variable frequency drives that improve the efficiency of motors, minimize energy consumption, and improve efficiency. As the drive to enhance energy-saving and operational efficiency intensifies, the adoption of VFDs is gaining traction in critical sectors such as oil & gas, manufacturing, and infrastructure.

MEA(中東アフリカ)地域の可変周波数ドライブ市場は、2025年の推定9億8,000万米ドルから2030年には12億9,000万米ドルに達すると予測されており、予測期間(2025~2030年)中、年平均成長率(CAGR)5.6%で成長します。MEA地域における継続的な工業化は、エネルギー需要の増加につながっています。モーターの効率向上、エネルギー消費の最小化、そして効率性向上を実現する可変周波数ドライブの需要は高まっています。省エネと運用効率の向上への取り組みが加速する中、石油・ガス、製造業、インフラといった重要な分野でVFD(可変周波数ドライブ)の採用が拡大しています。

MEAの可変周波数ドライブ市場 - 2030年までの世界動向と予測
mea-variable-frequency-drive-market

“AC drives segment projected to witness highest growth during the forecast period.”

The AC drive segment is projected to register the highest growth in the MEA VFD market due to its high energy efficiency characteristic and accurate motor performance. With the rapid pace of industrialization in the region, the manufacturing, oil & gas, HVAC, and water treatment sectors are witnessing significant adoption of energy-efficient technologies to enhance productivity and reduce operational expenses. AC drives support these objectives, maximizing energy efficiency, minimizing mechanical stress, and increasing system reliability.

“Pumps segment to be largest application in MEA variable frequency drive market”

The pump segment is anticipated to lead the overall variable frequency drive market in the Middle East & Africa due to its potential for energy saving and broad application in various industries. VFDs allow for precise speed control of pump systems, leading to greater efficiency and energy savings, which is important in the water & wastewater, HVAC, and oil & gas industries. By controlling motor speed according to actual requirements, VFDs reduce not only energy loss but also mechanical wear.

“South Africa to register highest CAGR in MEA variable frequency drive market”

South Africa is projected to be the fastest-growing variable frequency drive market in the MEA region.  This high growth is fueled by fast-paced industrialization and growth in infrastructure renewal activities. Furthermore, the continued modernization of power systems and the growing application of automation across mining, manufacturing, and water treatment industries will drive the demand in the country. Furthermore, government-sponsored energy conservation programs are encouraging industrial sectors to install VFDs.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 30%, Tier 2- 45%, and Tier 3- 25%
  • By Designation: C-Level- 30%, Director Levels- 20%, and Others- 50%

Note 1: Others include sales managers, engineers, and regional managers.

Note 2: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US) are some of the key players in the MEA variable frequency drive market.

MEAの可変周波数ドライブ市場 - 2030年までの世界動向と予測 ecosystem
mea-variable-frequency-drive-market-ecosystem

The study includes an in-depth competitive analysis of these key players in the MEA variable frequency drive market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the MEA variable frequency drive market by type (AC drives, DC drivers and servo motors), by power rating (Micro power drive, low power drive, medium power drive and high power drive), by application (pumps, compressors, conveyors, fans, and others), by end user (Oil & gas, chemicals & petrochemicals, mining & metals, construction/infrastructure, food & beverage, automotive, power, water & wastewater treatment), by voltage (low voltage and medium voltage), and by region (Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the variable frequency drive market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies such as contracts, partnerships, agreements, new product & service launches, and mergers & acquisitions; and recent developments associated with the MEA variable frequency drive market. Competitive analysis of upcoming startups in the variable frequency drive market ecosystem is covered in this report.

Key Benefits of Buying the Report

  • Analysis of key drivers (Increasing industrialization and growing demand for energy efficiency, rising need for enhancing energy efficiency and decreasing energy consumption, supportive regulatory environment for efficient and effective energy utilization), restraints (stagnant growth of oil & gas industry and decline in exploration and production activities, increase in maintenance cost of systems after implementation of variable frequency drives (VFDs), opportunities (modernization of power infrastructure, growing use of Industrial Internet of Things (IoT) and robotics technologies), and challenges (availability of low-cost products in gray market, shortage of components and parts due to supply chain disruptions) influencing the growth of the variable frequency drive market.
  • Product Development/Innovation: In line with the increased investments in industrial infrastructure and energy efficiency, manufacturers in the MEA region are increasing their local production capabilities for manufacturing variable frequency drives in the region. Recent facility expansions in the UAE and Saudi Arabia are intended to respond to the increasing demand for automation and sophisticated motor control solutions. These developments are likely to improve VFD adoption due to short lead times and availability of tailor-made solutions that match the specific requirements of regional industries.
  • Market Diversification: In January 2024, Siemens introduced its SINAMICS S210 servo drive system with a new hardware architecture and V6 software generation that expanded the system’s range of applications. This system is particularly beneficial for industries such as manufacturing, packaging, and logistics, where high-speed and precise motion control are crucial.
  • Market Development: Developments in variable frequency drives are increasingly focused on enhancing efficiency, sustainability, and power generation. Favorable government policies regarding carbon emission reduction and increasing demand for variable frequency drive in transportation and industrial sectors are driving the variable frequency drive market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US), among others, in the MEA variable frequency drive market.

Table of Contents

1               INTRODUCTION              23

1.1           STUDY OBJECTIVES       23

1.2           MARKET DEFINITION   23

1.3           STUDY SCOPE   24

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      24

1.3.2        INCLUSIONS AND EXCLUSIONS 25

1.3.3        YEARS CONSIDERED      26

1.4           CURRENCY CONSIDERED            26

1.5           STAKEHOLDERS               27

1.6           SUMMARY OF CHANGES               27

2               RESEARCH METHODOLOGY       28

2.1           RESEARCH DATA              28

2.1.1        SECONDARY DATA          29

2.1.1.1    List of secondary sources    29

2.1.1.2    Key data from secondary sources       29

2.1.2        PRIMARY DATA 30

2.1.2.1    List of primary participants 30

2.1.2.2    Key data from primary sources           30

2.1.2.3    Breakdown of primary interviews      31

2.1.2.4    Insights from industry experts            31

2.2           MARKET SIZE ESTIMATION         33

2.2.1        BOTTOM-UP APPROACH              33

2.2.1.1    Demand-side analysis          34

2.2.1.2    Regional analysis  34

2.2.1.3    Country-level analysis          35

2.2.1.4    Demand-side assumptions 35

2.2.1.5    Demand-side calculations   35

2.2.2        TOP-DOWN APPROACH                36

2.2.2.1    Supply-side analysis             37

2.2.2.2    Supply-side assumptions     38

2.2.2.3    Supply-side calculations      38

2.3           DATA TRIANGULATION                39

2.4           FORECAST ASSUMPTIONS           40

2.5           RESEARCH ASSUMPTIONS           40

2.6           RESEARCH LIMITATIONS             40

2.7           RISK ASSESSMENT           41

3               EXECUTIVE SUMMARY  42

4               PREMIUM INSIGHTS       47

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN  MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET                 47

4.2           MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY TYPE AND COUNTRY        48

4.3           MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY VOLTAGE               48

4.4           MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY POWER RATING  49

4.5           MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY APPLICATION      49

4.6           MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY END USER              50

5               MARKET OVERVIEW       51

5.1           INTRODUCTION              51

5.2           MARKET DYNAMICS       51

5.2.1        DRIVERS               52

5.2.1.1    Expansion of oil and gas projects in Saudi Arabia           52

5.2.1.2    Increasing investments in clean energy in Middle East & Africa                 53

5.2.2        RESTRAINTS      55

5.2.2.1    Unstable power supply in Africa        55

5.2.2.2    High installation and maintenance costs          55

5.2.3        OPPORTUNITIES              56

5.2.3.1    Implementation of wastewater treatment programs in Middle Eastern countries 56

5.2.3.2    Surge in infrastructure and energy projects     56

5.2.4        CHALLENGES    57

5.2.4.1    Lack of skilled workforce     57

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            58

5.4           VALUE CHAIN ANALYSIS               59

5.4.1        RAW MATERIAL PROVIDERS/COMPONENT MANUFACTURERS/SUPPLIERS  59

5.4.2        VARIABLE FREQUENCY DRIVE MANUFACTURERS/ASSEMBLERS              60

5.4.3        DISTRIBUTORS/RESELLERS        60

5.4.4        END USERS         60

5.4.5        MAINTENANCE/SERVICE PROVIDERS    60

5.5           ECOSYSTEM ANALYSIS  61

5.6           CASE STUDY ANALYSIS 62

5.6.1        MEDIUM-VOLTAGE VFD FOR PREHEATER HELPED CEMENT PLANT ACHIEVE SUBSTANTIAL ENERGY SAVINGS                 62

5.6.2        11 KV MOTOR FOR 6.6 KV VFD WITH STAR-DELTA SOLUTION ADDRESSED VOLTAGE INCOMPATIBILITY  62

5.6.3        OPTIDRIVE P2 VFD FOR 450 KW MOTOR ENHANCED BALL MILL EFFICIENCY IN IRON ORE MINING    62

5.7           TECHNOLOGY ANALYSIS             63

5.7.1        KEY TECHNOLOGIES     63

5.7.1.1    Direct torque control           63

5.7.2        COMPLEMENTARY TECHNOLOGIES       63

5.7.2.1    Internet of Things                 63

5.7.3        ADJACENT TECHNOLOGIES       64

5.7.3.1    Harmonic filtering                64

5.8           PRICING ANALYSIS          64

5.8.1        AVERAGE SELLING PRICE TREND, BY POWER RATING                 64

5.9           REGULATORY LANDSCAPE         65

5.10         TRADE ANALYSIS             66

5.10.1      IMPORT SCENARIO (HS CODE 850110)    66

5.10.2      EXPORT SCENARIO (HS CODE 850110)    67

5.10.3      IMPORT SCENARIO (HS CODE 850120)    68

5.10.4      EXPORT SCENARIO (HS CODE 850120)    69

5.11         PATENT ANALYSIS          70

5.12         KEY CONFERENCES AND EVENTS, 2025  72

5.13         INVESTMENT AND FUNDING SCENARIO               73

5.14         PORTER’S FIVE FORCES ANALYSIS            74

5.14.1      THREAT OF SUBSTITUTES          75

5.14.2      BARGAINING POWER OF SUPPLIERS       75

5.14.3      BARGAINING POWER OF BUYERS             75

5.14.4      THREAT OF NEW ENTRANTS      75

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 76

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     76

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           76

5.15.2      BUYING CRITERIA           77

5.16         IMPACT OF AI/GENERATIVE AI 77

5.16.1      ADOPTION OF AI/GENERATIVE AI IN VARIABLE FREQUENCY DRIVE MARKET      78

5.16.2      IMPACT OF AI/GENERATIVE AI ON DRIVE TYPES, BY REGION                79

5.16.3      IMPACT OF AI/GENERATIVE AI ON VARIABLE FREQUENCY DRIVE MARKET,

BY REGION         79

5.17         MACROECONOMIC OUTLOOK  79

5.17.1      INTRODUCTION              79

5.17.2      GDP TRENDS AND FORECAST   79

5.17.3      INFLATION         80

5.18         2025 US TARIFF 81

5.18.1      INTRODUCTION              81

5.18.2      KEY TARIFF RATES          81

5.18.3      PRICE IMPACT ANALYSIS             81

5.18.4      IMPACT ON MIDDLE EAST & AFRICA      81

6               MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY TYPE        82

6.1           INTRODUCTION              83

6.2           AC DRIVE             84

6.2.1        RISE IN INDUSTRIAL AUTOMATION TO DRIVE MARKET                 84

6.3           DC DRIVE            85

6.3.1        SHIFT TOWARD PROCESS OPTIMIZATION TO DRIVE MARKET               85

6.4           SERVO DRIVE    87

6.4.1        ELEVATED DEMAND FOR SMART MANUFACTURING TO DRIVE MARKET 87

7               MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY VOLTAGE               90

7.1           INTRODUCTION              91

7.2           LOW VOLTAGE 92

7.2.1        INCLINATION TOWARD SUSTAINABILITY TO DRIVE MARKET               92

7.3           MEDIUM VOLTAGE         93

7.3.1        EMPHASIS ON COST SAVINGS AND OPERATIONAL EFFICIENCY

TO DRIVE MARKET         93

8               MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY POWER RATING         96

8.1           INTRODUCTION              97

8.2           MICRO POWER DRIVE   98

8.2.1        EXTENSIVE USE IN FOOD PROCESSING DUE TO LOW POWER REQUIREMENTS TO DRIVE MARKET      98

8.3           LOW POWER DRIVE        100

8.3.1        HIGH DEMAND FOR ENERGY EFFICIENCY ACROSS DIVERSE INDUSTRIES

TO DRIVE MARKET         100

8.4           MEDIUM POWER DRIVE                101

8.4.1        ESTABLISHMENT OF NEW MANUFACTURING PLANTS TO  DRIVE MARKET      101

8.5           HIGH POWER DRIVE       103

8.5.1        ONGOING DEVELOPMENTS IN STEEL AND MINING INDUSTRIES

TO DRIVE MARKET         103

9               MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY APPLICATION             105

9.1           INTRODUCTION              106

9.2           PUMPS 107

9.2.1        NEED FOR ENERGY-EFFICIENT SOLUTIONS TO DRIVE MARKET               107

9.3           FANS & BLOWERS            109

9.3.1        ABILITY TO ENHANCE SYSTEM PERFORMANCE TO DRIVE MARKET 109

9.4           COMPRESSORS 110

9.4.1        SUBSTANTIAL ENERGY SAVINGS TO DRIVE MARKET                 110

9.5           CONVEYORS      112

9.5.1        REDUCED MECHANICAL STRESS AND ADAPTABILITY TO DRIVE MARKET         112

9.6           OTHER APPLICATIONS 114

10            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY END USER     116

10.1         INTRODUCTION              117

10.2         POWER 118

10.2.1      GROWING EMPHASIS ON ENERGY EFFICIENCY TO DRIVE MARKET 118

10.3         OIL & GAS            120

10.3.1      SURGE IN INVESTMENTS TO DRIVE MARKET     120

10.4         CHEMICALS & PETROCHEMICALS            121

10.4.1      LOW OPERATIONAL COSTS AND REDUCED CARBON EMISSIONS

TO DRIVE MARKET         121

10.5         MINING & METAL             123

10.5.1      ENVIRONMENTAL SUSTAINABILITY GOALS TO DRIVE MARKET               123

10.6         CONSTRUCTION/INFRASTRUCTURE      125

10.6.1      PRECISE CONTROL OVER ACCELERATION AND DECELERATION

TO DRIVE MARKET         125

10.7         FOOD & BEVERAGE        126

10.7.1      STRINGENT SAFETY AND HYGIENE STANDARDS TO DRIVE MARKET 126

10.8         AUTOMOTIVE   128

10.8.1      DEPLOYMENT IN VEHICLE PRODUCTION TO DRIVE MARKET               128

10.9         WATER & WASTEWATER TREATMENT   130

10.9.1      FOCUS ON REGULATING SEWAGE TREATMENT TO DRIVE MARKET 130

10.10       OTHER END USERS         131

11            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY REGION  134

11.1         MIDDLE EAST & AFRICA                135

11.1.1      GCC       139

11.1.1.1  Saudi Arabia          143

11.1.1.1.1                Commitment to sustainability and net-zero emissions

to drive market      143

11.1.1.2  UAE        147

11.1.1.2.1                Rapid industrial growth to drive market           147

11.1.1.3  Rest of GCC          150

11.1.2      SOUTH AFRICA 154

11.1.2.1  Restructuring of oil & gas industry to drive market        154

11.1.3      NIGERIA               158

11.1.3.1  Rapid reforms in power industry to drive market            158

11.1.4      ZAMBIA                162

11.1.4.1  Robust mining industry and push for energy efficiency to drive market    162

11.1.5      REST OF MIDDLE EAST & AFRICA             165

12            COMPETITIVE LANDSCAPE         169

12.1         OVERVIEW          169

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 169

12.3         REVENUE ANALYSIS, 2020–2024  171

12.4         MARKET SHARE ANALYSIS, 2024                 171

12.5         COMPANY VALUATION AND FINANCIAL METRICS                 174

12.6         BRAND/PRODUCT COMPARISON             175

12.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 175

12.7.1      STARS   175

12.7.2      EMERGING LEADERS     175

12.7.3      PERVASIVE PLAYERS      176

12.7.4      PARTICIPANTS 176

12.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         177

12.7.5.1  Company footprint               177

12.7.5.2  Power rating footprint         177

12.7.5.3  Type footprint       178

12.7.5.4  Application footprint            179

12.8         COMPETITIVE SCENARIO             179

12.8.1      PRODUCT LAUNCHES   179

12.8.2      DEALS  185

13            COMPANY PROFILES      186

13.1         KEY PLAYERS     186

13.1.1      SCHNEIDER ELECTRIC  186

13.1.1.1  Business overview 186

13.1.1.2  Products/Services/Solutions offered 187

13.1.1.3  Recent developments           189

13.1.1.3.1                Product launches  189

13.1.1.3.2                Deals      190

13.1.1.4  MnM view              190

13.1.1.4.1                Right to win           190

13.1.1.4.2                Strategic choices   190

13.1.1.4.3                Weaknesses and competitive threats 190

13.1.2      ABB        191

13.1.2.1  Business overview 191

13.1.2.2  Products/Services/Solutions offered 192

13.1.2.3  MnM view              193

13.1.2.3.1                Right to win           193

13.1.2.3.2                Strategic choices   194

13.1.2.3.3                Weaknesses and competitive threats 194

13.1.3      SIEMENS              195

13.1.3.1  Business overview 195

13.1.3.2  Products/Services/Solutions offered 196

13.1.3.3  Recent developments           198

13.1.3.3.1                Product launches  198

13.1.3.4  MnM view              200

13.1.3.4.1                Right to win           200

13.1.3.4.2                Strategic choices   200

13.1.3.4.3                Weaknesses and competitive threats 200

13.1.4      DANFOSS             201

13.1.4.1  Business overview 201

13.1.4.2  Products/Solutions/Services offered 202

13.1.4.3  Recent developments           203

13.1.4.3.1                Product launches  203

13.1.4.3.2                Deals      204

13.1.4.4  MnM view              205

13.1.4.4.1                Right to win           205

13.1.4.4.2                Strategic choices   205

13.1.4.4.3                Weaknesses and competitive threats 205

13.1.5      ROCKWELL AUTOMATION          206

13.1.5.1  Business overview 206

13.1.5.2  Products/Services/Solutions offered 207

13.1.5.3  Recent developments           209

13.1.5.3.1                Product launches  209

13.1.5.4  MnM view              210

13.1.5.4.1                Right to win           210

13.1.5.4.2                Strategic choices   211

13.1.5.4.3                Weaknesses and competitive threats 211

13.1.6      GENERAL ELECTRIC       212

13.1.6.1  Business overview 212

13.1.6.2  Products/Services/Solutions offered 214

13.1.7      WEG      215

13.1.7.1  Business overview 215

13.1.7.2  Products/Solutions/Services offered 216

13.1.7.3  Recent developments           217

13.1.7.3.1                Product launches  217

13.1.8      YASKAWA ELECTRIC CORPORATION      218

13.1.8.1  Business overview 218

13.1.8.2  Products/Solutions/Services offered 219

13.1.8.3  Recent developments           220

13.1.8.3.1                Product launches  220

13.1.9      HONEYWELL INTERNATIONAL INC.        221

13.1.9.1  Business overview 221

13.1.9.2  Products/Services/Solutions offered 223

13.1.10   DELTA ELECTRONICS, INC.         224

13.1.10.1                 Business overview 224

13.1.10.2                 Products/Services/Solutions offered 225

13.1.11   SUMITOMO HEAVY INDUSTRIES, LTD.  227

13.1.11.1                 Business overview 227

13.1.11.2                 Products/Services/Solutions offered 228

13.1.12   TRIOL CORPORATION  229

13.1.12.1                 Business overview 229

13.1.12.2                 Products/Services/Solutions offered 229

14            APPENDIX           230

14.1         KEY INDUSTRY INSIGHTS             230

14.2         DISCUSSION GUIDE        231

14.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                236

14.4         CUSTOMIZATION OPTIONS        238

14.5         RELATED REPORTS         238

14.6         AUTHOR DETAILS           239

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2020–2024            26

TABLE 2                MIDDLE EAST & AFRICA VARIABLE SPEED DRIVE MARKET SNAPSHOT         42

TABLE 3                GCC COUNTRIES: LONG-TERM STRATEGIES FOR RENEWABLE

ENERGY INTEGRATION 54

TABLE 4                ROLE OF COMPANIES IN ECOSYSTEM    61

TABLE 5                AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY POWER RATING,  2021–2024 (USD/UNIT)       65

TABLE 6                MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  65

TABLE 7                IMPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      66

TABLE 8                EXPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      67

TABLE 9                IMPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      68

TABLE 10              EXPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      69

TABLE 11              PATENT ANALYSIS          71

TABLE 12              KEY CONFERENCES AND EVENTS, 2025  72

TABLE 13              IMPACT OF PORTER’S FIVE FORCES        75

TABLE 14              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE          76

TABLE 15              KEY BUYING CRITERIA, BY TYPE               77

TABLE 16              WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)               80

TABLE 17              ANNUAL PERCENTAGE CHANGE IN INFLATION RATE AS PER AVERAGE

CONSUMER PRICE, BY REGION, 2024       80

TABLE 18              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            83

TABLE 19              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            83

TABLE 20              AC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               84

TABLE 21              AC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               84

TABLE 22              AC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           85

TABLE 23              AC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           85

TABLE 24              DC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               86

TABLE 25              DC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               86

TABLE 26              DC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)         86

TABLE 27              DC DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)         87

TABLE 28              SERVO DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               88

TABLE 29              SERVO DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               88

TABLE 30              SERVO DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           88

TABLE 31              SERVO DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           89

TABLE 32              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,  2021–2024 (USD MILLION)                 91

TABLE 33              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,  2025–2030 (USD MILLION)                 91

TABLE 34              LOW VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               92

TABLE 35              LOW VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               92

TABLE 36              LOW VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           93

TABLE 37              LOW VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           93

TABLE 38              MEDIUM VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       94

TABLE 39              MEDIUM VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       94

TABLE 40              MEDIUM VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 94

TABLE 41              MEDIUM VOLTAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 95

TABLE 42              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021–2024 (USD MILLION)                 97

TABLE 43              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2025–2030 (USD MILLION)                 98

TABLE 44              MICRO POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       98

TABLE 45              MICRO POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       99

TABLE 46              MICRO POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 99

TABLE 47              MICRO POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 99

TABLE 48              LOW POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       100

TABLE 49              LOW POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       100

TABLE 50              LOW POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 101

TABLE 51              LOW POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 101

TABLE 52              MEDIUM POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)            102

TABLE 53              MEDIUM POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)            102

TABLE 54              MEDIUM POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2021–2024 (USD MILLION)       102

TABLE 55              MEDIUM POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2025–2030 (USD MILLION)       103

TABLE 56              HIGH POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       103

TABLE 57              HIGH POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       104

TABLE 58              HIGH POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 104

TABLE 59              HIGH POWER DRIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 104

TABLE 60              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,  2021–2024 (USD MILLION)                 106

TABLE 61              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,  2025–2030 (USD MILLION)                 107

TABLE 62              PUMPS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               107

TABLE 63              PUMPS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               108

TABLE 64              PUMPS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC,  2021–2024 (USD MILLION)        108

TABLE 65              PUMPS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC,  2025–2030 (USD MILLION)        108

TABLE 66              FANS & BLOWERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       109

TABLE 67              FANS & BLOWERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       109

TABLE 68              FANS & BLOWERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 110

TABLE 69              FANS & BLOWERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 110

TABLE 70              COMPRESSORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       111

TABLE 71              COMPRESSORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       111

TABLE 72              COMPRESSORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 111

TABLE 73              COMPRESSORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 112

TABLE 74              CONVEYORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               112

TABLE 75              CONVEYORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               113

TABLE 76              CONVEYORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           113

TABLE 77              CONVEYORS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           113

TABLE 78              OTHER APPLICATIONS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       114

TABLE 79              OTHER APPLICATIONS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       114

TABLE 80              OTHER APPLICATIONS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 115

TABLE 81              OTHER APPLICATIONS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 115

TABLE 82              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY END USER,  2021–2024 (USD MILLION)                 117

TABLE 83              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY END USER,  2025–2030 (USD MILLION)                 118

TABLE 84              POWER: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               118

TABLE 85              POWER: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               119

TABLE 86              POWER: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC,  2021–2024 (USD MILLION)        119

TABLE 87              POWER: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC,  2025–2030 (USD MILLION)        119

TABLE 88              OIL & GAS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               120

TABLE 89              OIL & GAS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               120

TABLE 90              OIL & GAS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           121

TABLE 91              OIL & GAS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           121

TABLE 92              CHEMICALS & PETROCHEMICALS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     122

TABLE 93              CHEMICALS & PETROCHEMICALS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     122

TABLE 94              CHEMICALS & PETROCHEMICALS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2021–2024 (USD MILLION)            122

TABLE 95              CHEMICALS & PETROCHEMICALS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2025–2030 (USD MILLION)            123

TABLE 96              MINING & METAL: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       123

TABLE 97              MINING & METAL: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       124

TABLE 98              MINING & METAL: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 124

TABLE 99              MINING & METAL: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 124

TABLE 100            CONSTRUCTION/INFRASTRUCTURE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     125

TABLE 101            CONSTRUCTION/INFRASTRUCTURE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     125

TABLE 102            CONSTRUCTION/INFRASTRUCTURE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2021–2024 (USD MILLION)            126

TABLE 103            CONSTRUCTION/INFRASTRUCTURE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2025–2030 (USD MILLION)            126

TABLE 104            FOOD & BEVERAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       127

TABLE 105            FOOD & BEVERAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       127

TABLE 106            FOOD & BEVERAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 127

TABLE 107            FOOD & BEVERAGE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 128

TABLE 108            AUTOMOTIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               128

TABLE 109            AUTOMOTIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY COUNTRY, 2025–2030 (USD MILLION)               129

TABLE 110            AUTOMOTIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2021–2024 (USD MILLION)           129

TABLE 111            AUTOMOTIVE: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY GCC, 2025–2030 (USD MILLION)           129

TABLE 112            WATER & WASTEWATER TREATMENT: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     130

TABLE 113            WATER & WASTEWATER TREATMENT: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     130

TABLE 114            WATER & WASTEWATER TREATMENT: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2021–2024 (USD MILLION)            131

TABLE 115            WATER & WASTEWATER TREATMENT: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY GCC, 2025–2030 (USD MILLION)            131

TABLE 116            OTHER END USERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2021–2024 (USD MILLION)       132

TABLE 117            OTHER END USERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY COUNTRY, 2025–2030 (USD MILLION)       132

TABLE 118            OTHER END USERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2021–2024 (USD MILLION) 132

TABLE 119            OTHER END USERS: MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,  BY GCC, 2025–2030 (USD MILLION) 133

TABLE 120            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,  2021–2024 (USD MILLION)                 135

TABLE 121            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,  2025–2030 (USD MILLION)                 135

TABLE 122            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            135

TABLE 123            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            136

TABLE 124            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2021–2024 (USD MILLION)                 136

TABLE 125            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2025–2030 (USD MILLION)                 136

TABLE 126            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,  2021–2024 (USD MILLION)                 137

TABLE 127            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,  2025–2030 (USD MILLION)                 137

TABLE 128            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,  2021–2024 (USD MILLION)                 138

TABLE 129            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,  2025–2030 (USD MILLION)                 138

TABLE 130            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,  2021–2024 (USD MILLION)                 139

TABLE 131            MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY COUNTRY,  2025–2030 (USD MILLION)                 139

TABLE 132            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            140

TABLE 133            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            140

TABLE 134            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021–2024 (USD MILLION)         140

TABLE 135            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2025–2030 (USD MILLION)         140

TABLE 136            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            141

TABLE 137            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            141

TABLE 138            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            141

TABLE 139            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            142

TABLE 140            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            142

TABLE 141            GCC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            143

TABLE 142            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            143

TABLE 143            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            144

TABLE 144            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            144

TABLE 145            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            144

TABLE 146            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            145

TABLE 147            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            145

TABLE 148            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            145

TABLE 149            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            146

TABLE 150            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            146

TABLE 151            SAUDI ARABIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            147

TABLE 152            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            147

TABLE 153            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            148

TABLE 154            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2021–2024 (USD MILLION)                148

TABLE 155            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2025–2030 (USD MILLION)                148

TABLE 156            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            148

TABLE 157            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            149

TABLE 158            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            149

TABLE 159            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            149

TABLE 160            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)          150

TABLE 161            UAE: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            150

TABLE 162            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            151

TABLE 163            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            151

TABLE 164            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            151

TABLE 165            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            151

TABLE 166            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            152

TABLE 167            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            152

TABLE 168            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            152

TABLE 169            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          153

TABLE 170            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            153

TABLE 171            REST OF GCC: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            154

TABLE 172            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            155

TABLE 173            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)          155

TABLE 174            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            155

TABLE 175            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            155

TABLE 176            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,  2021–2024 (USD MILLION)                 156

TABLE 177            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,  2025–2030 (USD MILLION)                 156

TABLE 178            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            156

TABLE 179            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            157

TABLE 180            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            157

TABLE 181            SOUTH AFRICA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            158

TABLE 182            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            158

TABLE 183            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            159

TABLE 184            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            159

TABLE 185            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            159

TABLE 186            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            159

TABLE 187            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            160

TABLE 188            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            160

TABLE 189            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            160

TABLE 190            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            161

TABLE 191            NIGERIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)          161

TABLE 192            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2021–2024 (USD MILLION)            162

TABLE 193            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY VOLTAGE,

2025–2030 (USD MILLION)            162

TABLE 194            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2021–2024 (USD MILLION)            162

TABLE 195            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY TYPE,

2025–2030 (USD MILLION)            163

TABLE 196            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2021–2024 (USD MILLION)            163

TABLE 197            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING,

2025–2030 (USD MILLION)            163

TABLE 198            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            164

TABLE 199            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            164

TABLE 200            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2021–2024 (USD MILLION)            164

TABLE 201            ZAMBIA: VARIABLE FREQUENCY DRIVE MARKET, BY END USER,

2025–2030 (USD MILLION)            165

TABLE 202            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY VOLTAGE, 2021–2024 (USD MILLION)                165

TABLE 203            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY VOLTAGE, 2025–2030 (USD MILLION)                166

TABLE 204            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY TYPE,  2021–2024 (USD MILLION)      166

TABLE 205            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY TYPE,  2025–2030 (USD MILLION)      166

TABLE 206            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY POWER RATING, 2021–2024 (USD MILLION)   166

TABLE 207            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY POWER RATING, 2025–2030 (USD MILLION)   167

TABLE 208            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY APPLICATION, 2021–2024 (USD MILLION)       167

TABLE 209            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       167

TABLE 210            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY END USER, 2021–2024 (USD MILLION)               168

TABLE 211            REST OF MIDDLE EAST & AFRICA: VARIABLE FREQUENCY DRIVE MARKET,

BY END USER, 2025–2030 (USD MILLION)               168

TABLE 212            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024        169

TABLE 213            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET: DEGREE

OF COMPETITION, 2024                 172

TABLE 214            POWER RATING FOOTPRINT     177

TABLE 215            TYPE FOOTPRINT            178

TABLE 216            APPLICATION FOOTPRINT         179

TABLE 217            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET: PRODUCT LAUNCHES, JANUARY 2020–JANUARY 2025    180

TABLE 218            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET: DEALS, JANUARY 2020– JANUARY 2025  185

TABLE 219            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 186

TABLE 220            SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    187

TABLE 221            SCHNEIDER ELECTRIC: PRODUCT LAUNCHES                 189

TABLE 222            SCHNEIDER ELECTRIC: DEALS  190

TABLE 223            ABB: COMPANY OVERVIEW         191

TABLE 224            ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED             192

TABLE 225            SIEMENS: COMPANY OVERVIEW               195

TABLE 226            SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED             196

TABLE 227            SIEMENS: PRODUCT LAUNCHES               198

TABLE 228            DANFOSS: COMPANY OVERVIEW              201

TABLE 229            DANFOSS: PRODUCTS/SERVICES/SOLUTIONS OFFERED             202

TABLE 230            DANFOSS: PRODUCT LAUNCHES              203

TABLE 231            DANFOSS: DEALS             204

TABLE 232            ROCKWELL AUTOMATION: COMPANY OVERVIEW          206

TABLE 233            ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED    207

TABLE 234            ROCKWELL AUTOMATION: PRODUCT LAUNCHES          209

TABLE 235            GENERAL ELECTRIC: COMPANY OVERVIEW                 212

TABLE 236            GENERAL ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    214

TABLE 237            WEG: COMPANY OVERVIEW       215

TABLE 238            WEG: PRODUCTS/SERVICES/SOLUTIONS OFFERED             216

TABLE 239            WEG: PRODUCT LAUNCHES       217

TABLE 240            YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW   218

TABLE 241            YASKAWA ELECTRIC CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED    219

TABLE 242            YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES          220

TABLE 243            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          221

TABLE 244            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    223

TABLE 245            DELTA ELECTRONICS, INC.: COMPANY OVERVIEW          224

TABLE 246            DELTA ELECTRONICS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    225

TABLE 247            SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW   227

TABLE 248            SUMITOMO HEAVY INDUSTRIES, LTD.: PRODUCTS/SERVICES/

SOLUTIONS OFFERED   228

TABLE 249            TRIOL CORPORATION: COMPANY OVERVIEW                 229

TABLE 250            TRIOL CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED    229

LIST OF FIGURES

FIGURE 1              MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET SEGMENTATION             24

FIGURE 2              RESEARCH DESIGN         28

FIGURE 3              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR VARIABLE FREQUENCY DRIVES IN MIDDLE EAST & AFRICA             32

FIGURE 4              BOTTOM-UP APPROACH              33

FIGURE 5              TOP-DOWN APPROACH                36

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY-SIDE ANALYSIS)             37

FIGURE 7              DATA TRIANGULATION                39

FIGURE 8              AC DRIVE TO BE LARGEST SEGMENT DURING FORECAST PERIOD         43

FIGURE 9              MEDIUM VOLTAGE SEGMENT TO GROW AT HIGHER CAGR THAN LOW VOLTAGE SEGMENT DURING FORECAST PERIOD         44

FIGURE 10            PUMPS TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD       44

FIGURE 11            LOW POWER DRIVE SEGMENT TO SECURE LEADING POSITION DURING FORECAST PERIOD             45

FIGURE 12            POWER TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       45

FIGURE 13            INCREASING DEMAND FOR INFRASTRUCTURE DEVELOPMENTS  TO DRIVE MARKET  47

FIGURE 14            AC DRIVE AND GCC SEGMENTS ACCOUNTED FOR SUBSTANTIAL SHARE IN 2024            48

FIGURE 15            LOW VOLTAGE SEGMENT TO BE LARGER THAN MEDIUM VOLTAGE

SEGMENT  IN 2030          48

FIGURE 16            LOW POWER DRIVE SEGMENT TO HOLD HIGHEST SHARE IN 2030                49

FIGURE 17            PUMPS SEGMENT TO BE PREVALENT IN 2030                 49

FIGURE 18            POWER TO BE LEADING END-USE INDUSTRY IN 2030        50

FIGURE 19            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET DYNAMICS         51

FIGURE 20            SAUDI ARABIA: CONTRACTS AWARDED PER SECTOR, Q1 2024               53

FIGURE 21            DUBAI CLEAN ENERGY STRATEGY 2050 54

FIGURE 22            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   58

FIGURE 23            VALUE CHAIN ANALYSIS               59

FIGURE 24            ECOSYSTEM ANALYSIS  61

FIGURE 25            AVERAGE SELLING PRICE OF VARIABLE FREQUENCY DRIVES, BY POWER RATING, 2021–2024 (USD/UNIT)                 64

FIGURE 26            IMPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      66

FIGURE 27            EXPORT DATA FOR HS CODE 850110-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      67

FIGURE 28            IMPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      68

FIGURE 29            EXPORT DATA FOR HS CODE 850120-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD THOUSAND)      69

FIGURE 30            PATENT ANALYSIS          70

FIGURE 31            INVESTMENT AND FUNDING SCENARIO, 2024                 73

FIGURE 32            PORTER’S FIVE FORCES ANALYSIS            74

FIGURE 33            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE          76

FIGURE 34            KEY BUYING CRITERIA, BY TYPE               77

FIGURE 35           IMPACT OF AI/GENERATIVE AI ON DRIVE TYPES, BY REGION         79

FIGURE 36            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY TYPE, 2024   83

FIGURE 37            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY VOLTAGE, 2024           91

FIGURE 38            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET, BY POWER RATING, 2024             97

FIGURE 39            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY APPLICATION, 2024  106

FIGURE 40            MIDDLE EAST & AFRICA VARIABLE FREQUENCY DRIVE MARKET,

BY END USER, 2024           117

FIGURE 41            REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024              171

FIGURE 42            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024        172

FIGURE 43            COMPANY VALUATION 174

FIGURE 44            FINANCIAL METRICS (EV/EBITDA)          174

FIGURE 45            BRAND/PRODUCT COMPARISON             175

FIGURE 46            COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024  176

FIGURE 47            COMPANY FOOTPRINT 177

FIGURE 48            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 187

FIGURE 49            ABB: COMPANY SNAPSHOT        192

FIGURE 50            SIEMENS: COMPANY SNAPSHOT               196

FIGURE 51            DANFOSS: COMPANY SNAPSHOT             202

FIGURE 52            ROCKWELL AUTOMATION: COMPANY SNAPSHOT          207

FIGURE 53            GENERAL ELECTRIC: COMPANY SNAPSHOT                 213

FIGURE 54            WEG: COMPANY SNAPSHOT       216

FIGURE 55            YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT   219

FIGURE 56            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          222

FIGURE 57            DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT          225

FIGURE 58            SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT   227