Marine VFD Market size is expected to reach USD 1.05 Billion by 2024 at a CAGR of 6.50% from 2019 to 2024. Market Highlights The global Marine VFD market is expected to reach USD 1.05 Billion by 2024 at a CAGR of 6.50% from 2019–2024. Marine VFD is an AC/DC drive that helps to regulate the speed and torque of motors in the ships so that they run accurately. VFDs are low or...

Market Highlights Oil & gas storage market is a part of the midstream within the oil & gas industry. In this process, the oil extracted from the upstream companies is stored in various forms and then transported wherever required. Downstream companies also use storage tanks for their operations. The increasing demand for natural gas storage systems is likely to drive market growth...

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