Protective Relay Industry Evaluation, Competition Tracking & Regional Analysis By 2030
The global protective relay market is expected to reach USD 5.09 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2023 to 2030. Mounting investments in the transmission & distribution networks to replace the old equipment is expected to be a major factor expected to spur the growth over the forecast period. The intensifying...
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