How Technology is Revolutionizing Power Factor Correction Market

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2025-09-22 13:34:04 -

The global power factor correction (PFC) market is set to expand steadily, fueled by rising energy efficiency requirements, regulatory pressures, and the rapid adoption of industrial automation. Valued at USD 2.12 billion in 2023, the market is projected to grow from USD 2.23 billion in 2024 to USD 3.38 billion by 2032, at a CAGR of 5.3% during the...

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