Variable Frequency Drive Market Analysis: How Energy Optimization is Reshaping Industries
The global Variable Frequency Drive (VFD) market is entering a new phase of sustained growth, driven by intensifying pressure on energy efficiency, rising automation across industries, and the transition toward smarter, connected systems. According to the latest market estimates, the global VFD market size was valued at USD 2,444.5 million in 2024, and is forecasted to...