Pad-Mounted Switchgear Market worth $7.1 Billion by 2028
The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™. Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while vault switchgear can be wall- or floor-mounted for underground installations with flexibility to the direction...
Pad-Mounted Switchgear Market worth $7.1 Billion by 2028
The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™. Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while vault switchgear can be wall- or floor-mounted for underground installations with flexibility to the direction...
Pad-Mounted Switchgear Market to Reach $7.2 Billion by 2024
The global pad-mounted switchgear market is projected to reach USD 7.2 billion by 2024 from an
estimated market size of USD 5.5 billion in 2019, at a CAGR of 5.4% during the
forecast period. The factors driving the market include increasing investments
in distribution infrastructure to meet the growing electricity demand along
with investments in underground distribution due to functional and aesthetic
advantages....