Global Switchgear Market Set for Rapid Growth, to Reach USD 156.8 Billion by 2022
Zion Market Research has published a new report titled "Switchgear Market (By Voltage: Low Voltage, Medium Voltage, High Voltage; By Insulation: Air, Gas, Oil, vacuum; and By End Users: Utilities, Industrial, Residential & Commercial): Global Market Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022". According to the report, global switchgear market was valued at USD 89.9 billion in 2016 and is expected to reach USD 156.8 billion in 2022, growing at a CAGR of 9.7% between 2017 and 2022.
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