United States to Remain Dominant in the North America Variable Frequency Drive Market During the Assessment Period
Owing to the ever increasing prices of energy there is a need for motor control systems that are efficient in conserving energy. Hence, in order to reduce the consumption of energy, process engineers in the specific industries prefer using variable frequency drives. Such type of devices act as an auxiliary to devices like dampers and valves. This is the main reason of the variable frequency drive market getting a boost in the United States and Canada. Variable frequency drives are...
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