Market Insights: Substation Automation to Reach USD 55.69 Billion by 2033, Growing at 6.7% CAGR
In 2023, the global substation automation market is projected to reach a value of USD 29.12 billion. Over the next decade, the demand for substation automation is expected to grow at a compound annual growth rate (CAGR) of 6.7%, bringing the market to an estimated USD 55.69 billion by 2033. This growth is largely driven by the increasing demand for a...
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