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/PRNewswire/ The "Global Building Retrofitting Market by Building Type, Type, Method, and Region: Competition Forecast and Opportunities to 2027" report has. ....
Global Variable Frequency Drive Market Report 2022-2027: Increasing Industrialization and Growing Demand for Energy Efficiency Driving Expansion – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The "Global Variable Frequency Drive Market by Type (AC, DC, Servo), Application (Pumps, Fans, Compressors, Conveyors), End-user (Industrial,. ....
Share this article Share this article ResearchAndMarkets.com s offering. The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing rate of industrialization and urbanization. However, stagnant growth of the oil & gas industry and decrease in the exploration & production activity is hindering the growth of the variable frequency drive market. The AC Drives segment, by type, is expected to be the largest market from 2020 to 2025 ....