Expand Your Understanding.
Published loading...Updated

Global Variable Frequency Drive (VFD) Industry Set to Surge with 5.60% CAGR, Projected to Reach USD 62,203.02 million by 2034 – FMIBlog

Summary by FMIBlog
The variable frequency drive Industry is anticipated to surpass USD 36,072.17 million in 2024 and is likely to attain a valuation of USD 62,203.02 million by 2034. The variable frequency drive market size is projected to thrive at a CAGR of 5.60% from 2024 to 2034. Variable Frequency Drives (VFDs) are a key component of smart grid efforts evolving and changing the energy environment. When VFDs are included in smart grids, they are crucial in imp…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

FMIBlog broke the news in on Friday, May 2, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.