Insights o the Variable Frequency Drive (VFD) Market to 2025 – Featuring ABB, Siemens, Schneider Electric, Danfoss, Rockwell Automation

The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy …

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 …