Variable Frequency Drive Market Opportunities in Power and Energy Sector
Market Overview
The global variable frequency drive (VFD) market is experiencing notable growth, reflecting the rising demand for energy efficiency, automation, and advanced motor control systems across industries. Valued at USD 2,444.5 million in 2024, the market is projected to expand from USD 2,526.5 million in 2025 to USD 3,349.3 million by 2032, registering a...
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