Variable Frequency Drive (VFD) Market worth 27.57 billion USD by 2023
2018-06-19
The report "Variable Frequency Drive (VFD) Market by Type (AC, DC, and Servo), End-Users (Industrial, Infrastructure, Oil & Gas, and Power Generation), Application (Pumps, Fans, Compressors, and Conveyors), Power Range, Voltage, and Region - Global Forecast to 2023", The VFD market is expected to grow from an estimated USD 20.73 billion in 2018 to USD 27.57 billion by 2023, at a CAGR of 5.87%, from 2018 to 2023.
