Global Medium Voltage Switchgear Market projected to grow at a CAGR of 8.2% from 2022 to 2031 High consumption of electricity and acceptance of smart grid technology to drive global market are the key factors boosting the Medium voltage switchgear market growth.” — Allied Market Research WILMINGTON, DE, UNITED STATES, November 27, 2024 / EINPresswire.com / — According to a new report published by Allied Market Research, the medium voltage switchgear market size was valued at $14.5 billion in 2021, and medium voltage switchgear industry is estimated to reach $31.7 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031. A medium voltage switchgear is a device designed to open an electrical circuit by mechanical action. It interrupts the flow of current without permanently damaging the device operating in the voltage range of 3kV-40kV. Switchgear includes, for example, switches, fuses, circuit breakers, disconnectors, relays, current and potential converters, indicators, lightning arresters and control cabinets. Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/31750 The Asia-Pacific segment is projected to grow at the highest CAGR of approximately 8.8%, in terms of revenue, during the forecast period. The key players operating in the global medium voltage switchgear industry are ABB Ltd, General Electrics, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
