Variable Frequency Drive Market Size, Share

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2025-12-23 09:58:57 -

Variable Frequency Drive Market Size, Share | Research Report 2030

The global variable frequency drive (VFD) market size was estimated at USD 28.38 billion in 2024 and is projected to reach USD 39.67 billion by 2030, growing at a CAGR of 5.9% from 2025 to 2030. This steady market growth is primarily driven by the increasing penetration of connected devices across commercial, industrial, and residential sectors, which has accelerated the adoption of intelligent...

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