Variable Frequency Drive Market Growing At CAGR Of 5.6% From 2023...

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2024-08-26 09:24:49 -

Variable Frequency Drive Market Growing At CAGR Of 5.6% From 2023 To 2030

Variable Frequency Drive Industry Overview The global variable frequency drive market size was valued at USD 25.92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Increasing penetration of connected devices in various sectors such as commercial, industrial, and residential sectors, coupled with rising demand for variable frequency...

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