Latest Breaking News On - Converter market - Page 9 : comparemela.com

Share this article Share this article CHICAGO, March 17, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global frequency converter market report. The global frequency converter market is expected to grow at a CAGR of approximately 5% during the period 2020−2021. Key Highlights Offered in the Report:   Regions such as APAC and Europe are expected to be the major demand generators in the market, followed by North America. However, the Middle East and Latin America regions are anticipated to create opportunities with industrial developments in the F&B, oil and gas, and other industries. The market is highly fragmented with various vendors that operate and sell frequency converters across the globe. There is intense competition among vendors for market share and the market is characterized by the rapidly changing technological environment that is expected to adversely affect vendors.

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