Electrical Equipment Market Size to Reach US$ 312.40 Billion by 2032, Owing to Growing …
The electrical equipment market is expected to witness significant growth due to the increasing demand for reliable and efficient power distribution in urban and industrial areas. “According to SNS Insider Research, The Electrical Equipment Market size is projected to value at USD 276.89 Billion in 2023 and is estimated to reach USD 312.40 Billion by 2032, reflecting a notable CAGR of 1.35% over the forecast period from 2024 to 2032.”