Variable Frequency Drives Market to Reach 27.11 Billion USD by 2021
The report "Variable Frequency Drives Market by Power Range (Micro, Low, Medium, High), Voltage (Low & Medium), Application (Pump, Fan, Compressor, Conveyor, Elevator, Extruder & Others) and Region - Global Trends & Forecasts to 2021", The global variable frequency drives market is projected to reach USD 27.11 Billion by 2021, from an estimated USD 19.38 Billion in 2016, at a CAGR of 6.9% from 2016 to 2021.
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