Expanding Construction and Manufacturing Activities Boost Demand...

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2026-08-19 09:45:42 -

Expanding Construction and Manufacturing Activities Boost Demand for Advanced Low Voltage Switchgear Manufacturer Solutions

According to a new report by Polaris Market Research, the global switchgear market — encompassing the low voltage switchgear segment that safeguards residential, commercial, and industrial power systems — was valued at USD 86.76 billion in 2021 and is projected to reach USD 142.85 billion by 2030, expanding at a CAGR of 5.8% over the forecast period. Growth is underpinned by rising...

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