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Switchgear Market Demand – Historical and Future Challenges - MarketsandMarkets Blog

New Revenue Pockets: The global switchgear market is expected to reach USD 120.1 billion by 2027 from an estimated USD 90.9 billion in 2022, at a CAGR of 5.7% from 2022 to 2027. The growing integration of renewables in the power mix and the need to upgrade grid infrastructure are expected to lead to the
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