At present, North America dominates this market. In 2023, China is expected to register the highest growth in Asia-Pacific. Similarly, the UK is expected to lead the overall market in the European region during the forecast period. Presently, the U.S. is expected to dominate the North American market.

Increase in urbanization and industrialization in the emerging countries such as India, China, Brazil, and others drive the demand for the variable speed drive market. Further, the ... Read more

A Comprehensive research study conducted by KD Market Insights on " Variable Speed Drive Market by Type (AC Drive, DC Drive, and Servo Drive), Voltage (Low voltage and Medium Voltage), Application (Compressor, Pump, Fan, and Others), and End User (Mining & Minerals, Waste & Wastewater, Food & Beverage, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023" report offers extensive and highly detailed historical, current and ... Read more