The Switchgear Market: A Growing Industry Driven by Increasing Demand for Power Distribution and Transmission
The switchgear market is a rapidly growing industry, driven by the increasing demand for power distribution and transmission infrastructure. According to a report by MarketsandMarkets, the switchgear market is expected to grow from $90.9 billion in 2022 to $120.1 billion by 2027, at a CAGR of 5.7% during the forecast period.
Switchgear is a type of electrical equipment used in power systems to...
Circuit Breaker Market Size to Reach $7.7 Billion by 2025
The global Circuit
Breaker Market size is expected to grow from an estimated USD 5.7
billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the
forecast period. Growing investments in smart grid technologies to protect and
control power equipment and replacement of aging infrastructure, and the need
for reliable T&D networks offer high-growth opportunities for the circuit
breaker...
Electric Fuse Market to Grow $4.6 billion by 2026
According to the new market research report “Electric Fuse Market by Type (Power Fuse & Fuse Link, Distribution Cutouts, Cartridge & Plug Fuse,), Voltage (Low, Medium), End-Users (Utilities, Industrial, Residential, Commercial, Transportation), region – Global Forecast to 2026″, the global electric fuse market is projected to reach USD 4.6 billion by 2026 from an estimated...