Paralleling Switchgear Market Summary
The global paralleling switchgear market was valued at USD 1.71 billion in 2023 and is expected to reach USD 3.06 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. The rising demand for reliable and uninterrupted power supply across diverse industrial sectors is one of the key drivers of market growth....
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