Jordan Frequency Converter Market (2025-2031) | Forecast, Size, Trends, Outlook, Revenue, Share, Analysis, Value, Segmentation & Industry

Market Forecast By Type (Rotary, Static), By Application (Aerospace & Defense, Power & Energy, Process Industry, Traction, Oil & Gas, Marine/Offshore, Others) And Competitive Landscape

Product Code: ETC074885 Publication Date: Oct 2022 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Jordan Frequency Converter Market Competition 2023

Jordan Frequency Converter market currently, in 2023, has witnessed an HHI of 4475, Which has increased moderately as compared to the HHI of 1854 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.

Jordan Frequency Converter Market Competition 2023

Jordan Export Potential Assessment For Frequency Converter Market (Values in USD Thousand)


Jordan Export Potential Assessment For Frequency Converter Market (Values in USD Thousand)

Jordan Frequency Converter Market Highlights

Report Name Jordan Frequency Converter Market
Forecast period 2025-2031
CAGR 4.7%
Growing Sector Power & energy

Topics Covered in the Jordan Frequency Converter Market Report

Jordan Frequency Converter Market report thoroughly covers the market by types and applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Jordan Frequency Converter Market Synopsis

The Jordan frequency converter market has grown steadily, owing to rising demand for energy-efficient solutions across a wide range of sectors. Technology advancements, government measures promoting energy saving, and a developing industrial sector are all significant factors driving market growth and supporting frequency converter usage in Jordan.

According to 6Wresearch, Jordan Frequency Converter Market size is expected to grow at a significant CAGR of 4.7% during 2025-2031. The Jordan frequency converter market is being driven in large part by the country's rising electricity demand. Power consumption has significantly increased as a result of increasing industrialization and population growth. As a result, frequency converters have been installed to satisfy the various electrical needs of various industries. Furthermore, the requirement for reliable power supply solutions has increased due to frequent power outages and voltage variations. In order to protect delicate electronic equipment from harm, frequency converters help control voltage and guarantee a steady power flow. The need for dependable and effective power management solutions, such as frequency converters, is anticipated to increase as industries grow and technology advances, thus propelling Jordan's frequency converter market growth.

Despite its potential for expansion, the Jordan frequency converter industry confronts a number of obstacles. These devices' exorbitant price can be a major deterrent, particularly for small enterprises with tight finances. The use of frequency converters may also be hampered by a lack of knowledge about their advantages. The scarcity of qualified workers who can operate and maintain these devices presents another difficulty and could result in problems with dependability and efficiency. By addressing these issues with training, knowledge, and affordable solutions, the Jordanian market may be able to reach its maximum growth potential.

Jordan Frequency Converter Market Trends

The Jordan frequency converter industry is experiencing a growing emphasis on energy efficiency. Sustainable energy alternatives have become more popular as worries about climate change have grown. Frequency converters are a popular option for companies looking to implement eco-friendly procedures since they optimize energy use, cut waste, and boost overall efficiency. Furthermore, new technologies have produced frequency converters that are more economical, small, and effective. As companies seek to improve their operations while lessening their environmental impact, these technologies are fueling further market demand.

Investment Opportunities in the Jordan Frequency Converter Market

Jordan's expanding infrastructure and rising energy demand offer substantial investment prospects in the frequency converter industry. Frequency converters are in high demand as the nation's energy needs grow and there is a growing need for effective power solutions. Furthermore, the market's growth prospects are further enhanced by the Jordanian government's measures to encourage renewable energy sources and draw in foreign investors. By offering incentives and support to enterprises investing in energy-efficient technologies, these initiatives create a favorable environment for entrepreneurs looking to enter the market. The market is becoming more and more appealing for investment as a result of government support and the expansion of infrastructure.

Leading Players in the Jordan Frequency Converter Market

ABB, Siemens AG, GE Power Conversion, Mitsubishi Electric Corporation, and Schneider Electric are some of the leading participants in the Jordan frequency converter industry. With a large selection of frequency converters to suit different industries, these businesses are major market participants. To improve the performance, dependability, and energy efficiency of their products, they consistently spend in research and development. These experts in the business strive to provide cutting-edge, reasonably priced products while keeping an eye on the market's changing demands. Their creative solutions to power management issues further propel frequency converter usage in Jordan's expanding industrial sector.

Government Regulations

Jordan's government has actively promoted renewable energy projects as part of its effort to minimize reliance on fossil fuels. The National Energy Efficiency Action Plan (NEEAP), which was introduced in 2015, aims to raise the proportion of renewable energy in total power generation to 10% by 2020. The government has also put laws and rules into place to increase energy efficiency in buildings and industry. In addition to helping the nation achieve its sustainability objectives, these initiatives foster the uptake of energy-efficient technologies like frequency converters, which are crucial for maximizing power efficiency and cutting waste.

Future Insights of the Jordan Frequency Converter Market

The Jordan frequency converter market appears to have a promising future, owing to an increasing emphasis on renewable energy and technical improvements. The need for frequency converters is anticipated to increase dramatically as companies place a higher priority on energy saving. The development of the market will be significantly influenced by government programs and regulations that support renewable energy and energy efficiency. The market is expected to grow steadily over the next several years because to ongoing innovation and investment from significant industry players. Overall, the Jordan frequency converter market provides lucrative prospects for investors and enterprises looking to enter a rapidly growing market.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Static to dominate the Market - by Types

According to Ravi Bhandari, Research Head, 6Wresearch, the static frequency converter segment dominates the Jordan market, owing to its broad applications in industries such as aerospace and military, power and energy, process industry, and traction. Its dependability and efficiency make it a popular choice in these industries.

Power & energy to dominate the Market - by Applications

On the basis of application, the power and energy segment dominates the Jordan frequency converter market, owing to rising need for efficient energy solutions. As enterprises prioritize energy efficiency and sustainability, frequency converters play an important role in controlling power supply and lowering energy usage.

Key Attractiveness

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Jordan Frequency Converter Market Outlook
  • Market Size of Jordan Frequency Converter Market, 2024
  • Forecast of Jordan Frequency Converter Market, 2031
  • Historical Data and Forecast of Jordan Frequency Converter Revenues & Volume for the Period 2021-2031
  • Jordan Frequency Converter Market Trend Evolution
  • Jordan Frequency Converter Market Drivers and Challenges
  • Jordan Frequency Converter Price Trends
  • Jordan Frequency Converter Porter's Five Forces
  • Jordan Frequency Converter Industry Life Cycle
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Rotary  for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Static for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Power & Energy for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Process Industry for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Traction for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Oil & Gas for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Marine/Offshore for the Period 2021-2031
  • Historical Data and Forecast of Jordan Frequency Converter Market Revenues & Volume By Others for the Period 2021-2031
  • Jordan Frequency Converter Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Jordan Frequency Converter Top Companies Market Share
  • Jordan Frequency Converter Competitive Benchmarking By Technical and Operational Parameters
  • Jordan Frequency Converter Company Profiles
  • Jordan Frequency Converter Key Strategic Recommendations

Market Covered

The Jordan Frequency Converter market report provides a detailed analysis of the following market segments

By Type

  • Rotary
  • Static

By Application

  • Aerospace & Defense
  • Power & Energy
  • Process Industry
  • Traction
  • Oil & Gas
  • Marine/Offshore
  • Others
Jordan Frequency Converter Market (2025-2031): FAQs
The integration of renewable energy, infrastructure development, and the growing need for efficient energy solutions in industrial sectors are the main factors propelling the market's expansion.
Market expansion in Jordan is hampered by high initial investment costs, a lack of knowledge about cutting-edge technology, and a lack of local production capacity.
With their sophisticated frequency converter solutions and robust regional presence, major players in the market include Siemens, ABB Ltd., Schneider Electric, and Danfoss.
The need for energy-efficient solutions, growing industrial automation, and the integration of renewable energy sources offer substantial growth prospects in the Jordanian frequency converter market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Jordan Frequency Converter Market Overview
3.1 Jordan Country Macro Economic Indicators
3.2 Jordan Frequency Converter Market Revenues & Volume, 2021 & 2031F
3.3 Jordan Frequency Converter Market - Industry Life Cycle
3.4 Jordan Frequency Converter Market - Porter's Five Forces
3.5 Jordan Frequency Converter Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 Jordan Frequency Converter Market Revenues & Volume Share, By Application, 2021 & 2031F
4 Jordan Frequency Converter Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Jordan Frequency Converter Market Trends
6 Jordan Frequency Converter Market, By Types
6.1 Jordan Frequency Converter Market, By Type
6.1.1 Overview and Analysis
6.1.2 Jordan Frequency Converter Market Revenues & Volume, By Type, 2021 - 2031F
6.1.3 Jordan Frequency Converter Market Revenues & Volume, By Rotary, 2021 - 2031F
6.1.4 Jordan Frequency Converter Market Revenues & Volume, By Static, 2021 - 2031F
6.2 Jordan Frequency Converter Market, By Application
6.2.1 Overview and Analysis
6.2.2 Jordan Frequency Converter Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F
6.2.3 Jordan Frequency Converter Market Revenues & Volume, By Power & Energy, 2021 - 2031F
6.2.4 Jordan Frequency Converter Market Revenues & Volume, By Process Industry, 2021 - 2031F
6.2.5 Jordan Frequency Converter Market Revenues & Volume, By Traction, 2021 - 2031F
6.2.6 Jordan Frequency Converter Market Revenues & Volume, By Oil & Gas, 2021 - 2031F
6.2.7 Jordan Frequency Converter Market Revenues & Volume, By Marine/Offshore, 2021 - 2031F
7 Jordan Frequency Converter Market Import-Export Trade Statistics
7.1 Jordan Frequency Converter Market Export to Major Countries
7.2 Jordan Frequency Converter Market Imports from Major Countries
8 Jordan Frequency Converter Market Key Performance Indicators
9 Jordan Frequency Converter Market - Opportunity Assessment
9.1 Jordan Frequency Converter Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 Jordan Frequency Converter Market Opportunity Assessment, By Application, 2021 & 2031F
10 Jordan Frequency Converter Market - Competitive Landscape
10.1 Jordan Frequency Converter Market Revenue Share, By Companies, 2024
10.2 Jordan Frequency Converter Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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