The Marine Variable Frequency Drive (VFD) Market is expected to develop significantly, owing to increased demand for energy-efficient marine solutions. According to a MarketsandMarkets analysis, the industry is predicted to grow significantly due to factors such as tight marine pollution regulations and the requirement for …
The Marine VFD market is projected to reach USD 1.6 billion by 2030 from an estimated USD 1.1 billion in 2023, at a CAGR of 5.0% during the forecast period. Factors such as the need of energy and cost efficiency and emission reduction are driving …
Global Marine VFD Market Overview: The marine VFD market is expected to grow from an estimated USD 804 million in 2021 to USD 1,075 million by 2026, at a CAGR of 6.0% during the forecast period. Marine VFD are increasingly being installed across Europe and …
According to the latest report “Marine VFD Market by Type (AC Drive, DC Drive), Voltage (Low Voltage, Medium Voltage), Application (Pump, Fan, Compressor, Propeller (With Shaft Generator, Without Shaft Generator), Crane & Hoist), and Region – Global Forecast to 2026 “ size will grow to …