Volt/VAr Management Market is Expected to Create New Prospects in Near Future
Global Volt/VAr Management Market Scenario:
The global volt/VAr management market is estimated to be worth USD 427 million in 2019 and is projected to reach USD 568 million by 2024, growing at a CAGR of 5.9%, during the forecast period. The market is set to grow due to a focus on the reduction of electricity losses in power distribution, a need to optimize power factor, and rising electricity...