Rapid Adoption of Energy Efficient Power Equipment is Expected to Provide Significant Opportunity to Variable Speed Generator Market Players
- Vikas Kumar
- April 14, 2022
- ENERGY & POWER, NEWS
- Variable Speed Generator Market growth, Variable Speed Generator Market news, Variable Speed Generator Market share, Variable Speed Generator Market Size, Variable Speed Generator Market trend
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Variable speed generator market is likely to witness an impressive CAGR of ~8% during the forecast period. This is mainly due to the rapid industrialization and urbanization, growing cognizance of renewable energy, and imposing government directives on energy-efficient power generation systems. Furthermore, the growing implementation of variable speed generators in aerospace and marine applications is expected to drive the market. …
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