The global switchgear market foresees significant growth, propelled by a projected Compound Annual Growth Rate (CAGR) of 5.3%. This trajectory signifies a path from an estimated USD 4,828.4 million in 2023 to a robust USD 7,685.3 million by 2033, reflecting an accelerated progression compared to previous trends observed in the switchgear market.
The driving force behind this expansion lies in the escalating global demand for energy, prompting nations to implement new regulations… Continue
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