Market growth is driven by energy-efficiency mandates, rising adoption of electric/hybrid vessel propulsion, retrofit demand in existing fleets, and automation/IoT integration.Austin, Oct. 27, 2025 ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global variable frequency drives market since 2016 and the market is poised to grow by USD 5.11 billion during 2019-2023, progressing at a ...