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...
Gas-Insulated Substation Market to Hit $29.5 Billion By 2023 | Adoption of the HVDC Technology to Boost Growth
Latest Report, ‘The gas-insulated substation market is projected to reach USD 29.5 billion by 2023 from USD 18.9 billion in 2018, at a CAGR of 9.2%.’
The gas-insulated substation market is expected to register a CAGR of 9.3% from 2018 to 2023. The growth in this market is supported mainly by the growing renewable power generation, the increasing investments in the transmission...