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Share this article Share this article ResearchAndMarkets.com's offering. The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing rate of industrialization and urbanization. However, stagnant growth of the oil & gas industry and decrease in the exploration & pr...

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Digital Shift and IIoT Inch the Global Fluid Power Market toward Recovery USA - English Share this article Share this article SANTA CLARA, Calif., Feb. 8, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, 2020 Global Fluid Power Outlook, finds that the adoption of digital technologies and industrial internet of things (IIoT) will be imperative to lessen the overall impact of COVID-19 on the industry. Due to a growing need for remote monitoring and virtual field services and programs to meet the industry's current demands. For further information on this analysis, please visit: Fr...

The Gulf Downstream Association (GDA) has announced the appointment of Khalid Hadi as Acting Secretary General

Operator Good day. My name is Priscilla, and I will be your conference operator today. At this time, I would like to welcome everyone to the KLA Corporation December quarter 2020 earnings conference call and webcast. [Operator instructions] I will now turn the call over to Kevin Kessel, vice president of investor relations. Please go ahead. Vice President of Investor Relations Thank you, and welcome to KLA's fiscal Q2 2021 quarterly earnings call to discuss the results of the December quarter and the outlook for the March quarter. With me today is Rick Wallace, our chief executive officer; an...