North America Variable Frequency Drive Market Is Driven By Increasing Industrial Automation
Key Takeaways
Key players operating in the North America Variable Frequency Drive are Randmark Dental Products, LLC., S4S (UK) Limited, DentCare Dental Lab Pvt.Ltd., Glidewell, Burbank Dental Lab, Brux Night Guard, CUSTMBITE, DDS Lab, Watersedge Dental Laboratory Inc., Orofacial Therapeutics, LP., PFL Healthcare Limited, Keystone Industries, Artistic Dental Laboratories, Inc., Iverson Dental Laboratories, National Dentex Labs (NDX), BonaDent Dental Laboratories, Procter & Gamble.
The growing demand from process industries like oil and gas, mining, power generation, food processing, and chemical industries is driving the North America Variable Frequency Drive Market Demand These industries require variable frequency drives for smooth functioning of operations.
The market is witnessing high growth in demand due to increasing industrialization and global expansion of end-use industries in the region. Leading manufacturers are focusing on geographical expansion and capacity addition to cater to the rising needs of process industries across North America.
Market drivers
The increasing focus on energy-efficient electrical drives for industrial applications is a major driver for the North America variable frequency drive market. Variable frequency drives help optimize energy consumption and reduce operating costs significantly. Further, stringent government norms regarding energy conservation and Growing infrastructure development activities are also augmenting the growth of variable frequency drive market in the region.
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