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2026-01-29 09:45:43 -

7.9% CAGR Explained: What Investors Should Know About the LV Switchgear Market

The global Low Voltage (LV) switchgear market is experiencing robust growth, driven by rapid modernization of power infrastructure and increasing demand for reliable and efficient electricity distribution systems. The market size is projected to expand from US$ 47.83 billion in 2023 to US$ 87.88 billion by 2031, registering a strong CAGR of 7.9 percent during the forecast period. This growth...

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