Power Quality Equipment Market Grows with Real-Time Monitoring Use
The global power quality equipment market was valued at USD 31.82 billion in 2023 and is projected to reach USD 48.46 billion by 2030, expanding at a CAGR of 6.3% from 2024 to 2030. This growth is primarily fueled by the rising need for dependable and uninterrupted power supply across various industrial sectors. Frequent power outages and voltage fluctuations, particularly in emerging...
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