Switchgear Sector to Reach USD 8.9 Billion by 2035 Amid 5.1% Annual Growth
The switchgear market is projected to reach USD 8.9 billion by 2035, expanding at a CAGR of 5.1%.This growth is fueled by the rising demand for efficient power infrastructure, supportive government initiatives in emerging economies, and a global shift toward sustainable and electrified energy systems
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