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{PPT} Paralleling Switchgear Market worth 1.55 Billion USD by 2023

The paralleling switchgear market is expected to grow from an estimated USD 1.17 Billion in 2018 to USD 1.55 Billion by 2023, at a CAGR of 5.82% during the forecast period. The market is set to witness growth due to increase in distributed generation and ageing and overburdening of power grids.

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{PPT} Paralleling Switchgear Market worth 1.55 Billion USD by 2023

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  1. Paralleling Switchgear Market by End-User, Application, Transition Type, Voltage, and Region - Global Forecast to 2023 www.MarketsandMarkets.com

  2. Paralleling Switchgear Market by End-User (Industrial, Commercial), Application (Prime, Standby and Peak shave), Transition Type (Open Transition and Closed Transition), Voltage (Low Voltage and Medium Voltage), and Region - Global Forecast to 2023 The paralleling switchgear market is expected to grow from an estimated USD 1.17 Billion in 2018 to USD 1.55 Billion by 2023, at a CAGR of 5.82% during the forecast period. The market is set to witness growth due to increase in distributed generation and ageing and overburdening of power grids. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=107294848

  3. The industrial segment is expected to be the largest segment of paralleling switchgear market, by end-user, in 2018. The industrial segment is expected to be the largest segment of the paralleling switchgear market, by end-user, in 2018. This segment is driven by factors such as the increasing demand for critical power from utilities/power generation in developing regions of Asia Pacific, the Middle East & Africa, and South America. Increased focus on data center services led by rising demand from finance and e-commerce sectors and large investments in public infrastructure projects by governments globally are the key drivers of the industrial segment of paralleling switchgear market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=107294848

  4. Browse >> 73 market data tables 36 figures 131 pagesand in-depth TOC on “Paralleling Switchgear Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. The standby segment is expected to be the largest segment of paralleling switchgear market, by application, during the forecast period. The ability to combine multiple power sources as well as multiple fuel type generators in critical power needs in end-user applications would drive the paralleling switchgear market. The rising demand from data centers, hospitals, solar PV, and construction sectors is driving the market for standby application of paralleling switchgear. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=107294848

  6. Target Audience: • The report’s target audience includes: • Paralleling switchgear manufacturing companies • Consulting companies in the end-user sector • Process and manufacturing plants • Government and research organizations • Paralleling switchgear and equipment manufacturers • State- or government-owned corporations • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=107294848

  7. Key players • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the paralleling switchgear market such as • GE (US), • Kohler (US), • Caterpillar (US), • Cummins (US), • Rolls-Royce (UK), • Schneider Electric (France). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=107294848

  8. Contact:Mr. RohanMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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