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2025-05-31 03:42:00 -

Switchgear Market Achieves Growth with Energy Efficiency Goals

According to a recent report by Grand View Research, Inc., the global switchgear market is projected to reach USD 160.07 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. The industrial and commercial sectors in emerging economies have seen substantial growth in recent years, fueled by ongoing urbanization—a hallmark of the modern...

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