North America Variable Frequency Drive Market Is Estimated To Witness High Growth Owing To Increasing Demand for Energy-Efficient Solutions
The North America Variable Frequency Drive market is estimated to be valued at US$ 5,636.1 million in 2021 and is expected to exhibit a CAGR of 5.6% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.Market Overview:Variable Frequency Drives (VFDs) are electronic devices used to control the speed and torque of AC motors by varying the...
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