Variable Frequency Drive Market Is Expected to Witness A Significant CAGR In the Forecast Period of 2018-2023

The global Variable Frequency Drive Market is projected to reach USD 27.57 billion by 2023, at a CAGR of 5.87%, from an estimated USD 20.73 billion in 2018, by value. The growth of the variable frequency drive market is mainly driven by the increased usage …