Global electric transmission and distribution equipment market to grow at a CAGR of 5 % in 2024
The global electric transmission and distribution equipment market is expected to reach an estimated $324 B by 2024 with a CAGR of 5 % from 2019 to 2024.
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HVDC transmission market worth $12.3 billion by 2024
According to the new report, the HVDC transmission market is projected to reach $12.3 billion by 2024 from $8.2 billion in 2018, at a CAGR of 6.9% during 2018-2024.