Product Code: ETC035935 | Publication Date: Oct 2020 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Australia Variable speed Drive Market could see a tapering of growth rates over 2025 to 2029. Starting high at 6.41% in 2025, the market steadily declines to 5.10% by 2029.
In Australia, the variable speed drive market is propelled by the growing emphasis on energy conservation and efficiency across industries. Adoption of variable speed drives for HVAC systems, pumps, and compressors contributes to market growth.
The Australia variable speed drive market benefits from the growing emphasis on automation and process control across industries. Variable speed drives enable precise speed control, enhance equipment performance, and reduce downtime, driving their adoption in applications such as pumps, fans, and compressors.
Similar to variable frequency drives, the variable speed drive market in Australia confronts challenges such as initial cost barriers and the requirement for specialized technical expertise. Moreover, compatibility issues with existing systems and the need for retrofitting pose additional hurdles for widespread adoption.
Similar to VFDs, variable speed drives (VSDs) benefit from government initiatives aimed at improving energy efficiency across sectors. Policies emphasizing the importance of sustainable practices and reducing greenhouse gas emissions contribute to the growth of the variable speed drive market in Australia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Variable speed Drive Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Variable speed Drive Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Variable speed Drive Market - Industry Life Cycle |
3.4 Australia Variable speed Drive Market - Porter's Five Forces |
3.5 Australia Variable speed Drive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Variable speed Drive Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Australia Variable speed Drive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Variable speed Drive Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Variable speed Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in industries |
4.2.2 Growing adoption of automation and motor control systems |
4.2.3 Government initiatives promoting the use of variable speed drives in industrial applications |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with variable speed drives |
4.3.2 Lack of awareness and technical expertise among end-users |
4.3.3 Economic downturn impacting industrial investments in technology |
5 Australia Variable speed Drive Market Trends |
6 Australia Variable speed Drive Market, By Types |
6.1 Australia Variable speed Drive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Variable speed Drive Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Variable speed Drive Market Revenues & Volume, By AC Drive, 2021-2031F |
6.1.4 Australia Variable speed Drive Market Revenues & Volume, By DC Drive, 2021-2031F |
6.1.5 Australia Variable speed Drive Market Revenues & Volume, By Servo Drive, 2021-2031F |
6.2 Australia Variable speed Drive Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Australia Variable speed Drive Market Revenues & Volume, By Low Voltage, 2021-2031F |
6.2.3 Australia Variable speed Drive Market Revenues & Volume, By Medium Voltage, 2021-2031F |
6.3 Australia Variable speed Drive Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Variable speed Drive Market Revenues & Volume, By Compressor, 2021-2031F |
6.3.3 Australia Variable speed Drive Market Revenues & Volume, By Pump, 2021-2031F |
6.3.4 Australia Variable speed Drive Market Revenues & Volume, By Fans, 2021-2031F |
6.3.5 Australia Variable speed Drive Market Revenues & Volume, By Others, 2021-2031F |
6.4 Australia Variable speed Drive Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Australia Variable speed Drive Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Australia Variable speed Drive Market Revenues & Volume, By Electronics, 2021-2031F |
6.4.4 Australia Variable speed Drive Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.5 Australia Variable speed Drive Market Revenues & Volume, By Power Generation, 2021-2031F |
6.4.6 Australia Variable speed Drive Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Variable speed Drive Market Import-Export Trade Statistics |
7.1 Australia Variable speed Drive Market Export to Major Countries |
7.2 Australia Variable speed Drive Market Imports from Major Countries |
8 Australia Variable speed Drive Market Key Performance Indicators |
8.1 Energy savings achieved through the use of variable speed drives |
8.2 Number of new installations and retrofit projects utilizing variable speed drives |
8.3 Rate of adoption of variable speed drives in key industries |
9 Australia Variable speed Drive Market - Opportunity Assessment |
9.1 Australia Variable speed Drive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Variable speed Drive Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Australia Variable speed Drive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Variable speed Drive Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Variable speed Drive Market - Competitive Landscape |
10.1 Australia Variable speed Drive Market Revenue Share, By Companies, 2024 |
10.2 Australia Variable speed Drive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |