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 driven by the growing need for precise motor speed control, energy efficiency, and reduced operational costs across...