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The North America Variable Frequency Drive Market Share Projected to Surge Past USD 5,056.2 Million by 2032, Driven by 6% CAGR Growth – FMIBlog

Summary by FMIBlog
The North America variable frequency drive market is experiencing robust growth, with an anticipated valuation of USD 5,056.2 million by 2032, following a significant milestone of USD 4,770 million in 2022. This positive trajectory is underpinned by a commendable compound annual growth rate (CAGR) of 6% projected for the entire forecast period. A primary driver behind this exceptional expansion is the escalating electricity rates in North Americ…
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