Voltage Regulator Market to Reach $4.7 billion, Globally, by 2033 at 5.3% CAGR: Allied Market Research [Yahoo! Finance]
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Source: Yahoo! Finance
The voltage regulators market is expected to expand, promoting sustainable and decentralized energy infrastructure. Increase in investment towards the development of renewable energy resources and construction of smart cities across the developed and developing countries have a positive impact on the voltage regulator market. Allied Market Research published a report, titled, Voltage Regulator Market by Type (Linear and Switching), Technology (Electro-Mechanical Voltage Regulator, Electronic Tap-Switching Voltage Regulator, and Ferro-Resonant Voltage Regulator), Phase (Single Phase and Three Phase), Voltage (Less than 250 kVA, 250 KVA to 500 kVA, and More than 500 kVA), and Application (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the "voltage regulator market" was valued at $2.8 billion in 2023, and is estimated to reach $4.7 billion by 2033, growing at a CAGR of 5.3% from 2024 to 2033. Download
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