The Variable Frequency Drive Market size was valued at USD 23.80 Billion in 2024 and the total Variable Frequency Drive revenue is expected to grow at a CAGR of 6.9% from 2025 to 2032, reaching nearly USD 40.59 Billion.... The Variable Frequency Drive (VFD) market is witnessing robust growth, driven by increasing demand for energy-efficient motor control systems across industries such...