2022-08-12
http://w3.windfair.net/wind-energy/news/40073-globaldata-global-switchgear-renewable-energy-china-usa-growth-hv-high-voltage-capacity-construction-effective-grid-technology-transmission

Global high-voltage switchgear market continues growth

Image: PixabayImage: Pixabay
GlobalData found that the increasing demand for electricity in growing economic regions such as Asia-Pacific and the Middle East is propelling the HV switchgear market,

Official Press Release GlobalData:

Global high-voltage switchgear market to approach $28.8 billion by 2026 led by China and the US, according to GlobalData

Wind Industry Profile of
Global high-voltage switchgear market to approach $28.8 billion by 2026 led by China and the US, according to GlobalData

The global market for high-voltage (HV) switchgears is estimated to grow to $28.8 billion in 2026 at a compound annual growth rate (CAGR) of 3.31% during 2022–26 according to GlobalData.

The leading data and analytics company found that the increasing demand for electricity in growing economic regions such as Asia-Pacific and the Middle East is propelling the HV switchgear market, with new capacity additions in the generation and transmission sectors. GlobalData’s latest report, ‘ ... More: Official Press Release GlobalData

Keywords:
GlobalData, global, switchgear, renewable energy, China, USA, growth, HV, high voltage, capacity, construction, effective, grid, technology, transmission







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