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the global Variable Frequency Drive Market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing rate of industrialization and urbanization. However, stagnant growth of the oil & gas industry and decrease in the exploration & production activity is hindering the growth of the Variable Frequency Drive Market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=878 The low voltage segment is expected to hold the largest share of the Variable Frequency Drive Market, by voltage type, during the forecast period The low voltage segment, by voltage, is estimated to account for the largest share during the forecast period. Low voltage variable frequency drives are used in a wide range of applications such as pumps, fan, belt conveyor, centrifugal pumps, and centrifugal compressors. Low voltage variable frequency drives are designed for industrial applications, especially in process industries such as pulp & paper, power, water & wastewater, and oil & gas. Thus, the growing use of low voltage drives in a wide range of applications is expected to boost the growth for this segment

Is the QR code so popular? If yes, then what is QR code? A bar code type that has been specifically designed to be used in the smart phones and other mobile based devices can be called as QR code, which is scanned using a camera that is found inside. You can use online QR code creator even for various business use. These codes are considered to...

the global PXI SMU Market size is expected to grow from an estimated USD 124 million in 2019 to USD 267 million by 2024, at a CAGR of 16.5%, during the forecast period. Increasing demand for reliability tests for complex semiconductors and batteries to complement the expanding IoT devices is driving the PXI SMU industry growth.