North America Variable Frequency Drive Market Is Estimated To Witness High Growth Owing To Growing Industrial Automation
The North America variable frequency drive market is estimated to be valued at US$ 6285.02 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: A variable frequency drive is an industrial electrical device that adjusts the speed of electric motors by varying the frequency...
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