Product Code: ETC074867 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Frequency Converter market currently, in 2023, has witnessed an HHI of 4849, Which has increased slightly as compared to the HHI of 2638 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indonesia Frequency Converter Market is a rapidly growing market. This market is driven by the rapid growth in electric vehicles, energy storage systems and renewable energy sources such as solar and wind power. The need for efficient control of electrical motors also drives the frequency converter market in Indonesia. Furthermore, due to industrial automation initiatives taken up by many companies, there has been an increase in demand for frequency converters in recent years. In addition, increasing electrification projects across various industries along with government regulations are expected to boost the growth of this industry over the forecast period.
The rise of green energy solutions such as solar and wind energy, coupled with increasing electricity demand from consumers has led to a surge in investment towards developing smart grids and renewable power generation projects which will require efficient use of electricity resulting in increased demand for frequency converters. Rising adoption of industrial automation technologies has greatly impacted the Indonesia manufacturing sector leading to the implementation of more sophisticated machinery including those using frequency converters thereby driving its overall market size across different industries such as automotive, food & beverages, etc. With rising awareness about air pollution levels caused by conventional means of transportation like petrol/diesel-run cars, governments around the Asia Pacific Region have started taking various incentive measures aimed at encouraging conversion to Electric Vehicles. This trend has directly impacted positively on sales figures for electric vehicles which inturn requires the usage of effective controllers that can manage battery charging and discharging cycles efficiently hence creating opportunities within the Frequency Converter Industry.
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 Indonesia Frequency Converter Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Frequency Converter Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Frequency Converter Market - Industry Life Cycle |
3.4 Indonesia Frequency Converter Market - Porter's Five Forces |
3.5 Indonesia Frequency Converter Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Indonesia Frequency Converter Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Indonesia Frequency Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Frequency Converter Market Trends |
6 Indonesia Frequency Converter Market, By Types |
6.1 Indonesia Frequency Converter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Frequency Converter Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Indonesia Frequency Converter Market Revenues & Volume, By RotaryΒ , 2018 - 2027F |
6.1.4 Indonesia Frequency Converter Market Revenues & Volume, By Static, 2018 - 2027F |
6.2 Indonesia Frequency Converter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Frequency Converter Market Revenues & Volume, By Aerospace & Defense, 2018 - 2027F |
6.2.3 Indonesia Frequency Converter Market Revenues & Volume, By Power & Energy, 2018 - 2027F |
6.2.4 Indonesia Frequency Converter Market Revenues & Volume, By Process Industry, 2018 - 2027F |
6.2.5 Indonesia Frequency Converter Market Revenues & Volume, By Traction, 2018 - 2027F |
6.2.6 Indonesia Frequency Converter Market Revenues & Volume, By Oil & Gas, 2018 - 2027F |
6.2.7 Indonesia Frequency Converter Market Revenues & Volume, By Marine/Offshore, 2018 - 2027F |
7 Indonesia Frequency Converter Market Import-Export Trade Statistics |
7.1 Indonesia Frequency Converter Market Export to Major Countries |
7.2 Indonesia Frequency Converter Market Imports from Major Countries |
8 Indonesia Frequency Converter Market Key Performance Indicators |
9 Indonesia Frequency Converter Market - Opportunity Assessment |
9.1 Indonesia Frequency Converter Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Indonesia Frequency Converter Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Indonesia Frequency Converter Market - Competitive Landscape |
10.1 Indonesia Frequency Converter Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Frequency Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |