Global Variable Frequency Drives Market Anticipated to Surge at Striking CAGR of 5.23% During 2017 - 2021: Food & Beverage Sector Drives Demand
Variable frequency drives provide motion control and reduce the power use, as they regulate the motors and supply only the required voltage, thereby reducing power consumption. With the rising energy demand and increasing price of electricity, variable frequency drives are now increasingly used for different applications across various industries. Recently, a study focusing on the global demand and current as well as future prospects of the market has been broadcasted to the wide database of Market Research Hub (MRH), which...
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