Rising Demand for Reliable Power Supply is Driving the Paralleling Switchgear Market
Paralleling Switchgear Market Overview:-
According MarketsandMarkets™ Research – The paralleling switchgear market is expected to grow from an estimated USD 1.17 Billion in 2018 to USD 1.55 Billion by 2023, at a CAGR of 5.82% during the forecast period.
The market is set to witness growth due to increase in distributed generation and ageing and overburdening of power grids.
Objectives...