Inverter duty motor market size to grow by USD 2.31 billion 2021 and 2026; Growth driven by increasing need for energy-efficient equipment – Technavio

NEW YORK, March 28, 2023 /PRNewswire/ — The inverter duty motor market size is estimated to grow by USD 2.31 billion between 2021 and 2026, progressing at a CAGR of 9.33% during the forecast period, according to Technavio. The growth of the market is driven by the increasing need for…