
Industry Articles For Valve Manufacturers
Here are some interesting articles recently published online that document control and process equipment processionals might find interesting regarding current…
The global Variable Frequency Drive (VFC) market is expected to reach $24.8 billion by 2021 according to a recent report by ReportLinker. Here’s an overview of the report directly from the website:
VFD are used in infrastructural activities which include commercial buildings such as hospitals, and educational institutions. Increasing urbanization and industrialization in developing countries such as India, growing need for energy efficiency, reduction in operating costs of any energy intensive industry, regulations on energy efficiency, growing trend of industrial automation, and regulations to ensure efficiency are expected to drive the variable frequency drive market.
Some key stats from the report include:
For more information on the report, click here to visit the official ReportLinker website.
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