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