North America Switchgear Market Demand Boosted by Infrastructure Investment and Rising Electricity Needs
Increasing investment in transmission & distribution infrastructure and rising demand for electricity from the commercial & residential sectors are likely to propel the demand for the North America switchgear market in the forecast period, 2024-2028. According to TechSci Research report, “ North America Switchgear Market - By Country, Competition, Forecast & Opportunities, 2028F” , North America switchgear market is expected to rise in the upcoming years, owing to increasing demand for electricity in the commercial & residential sectors, governments’ rising investment in renewable energy, and growing demands for clean energy, among others. Electrical devices known as switchgear are used to control, protect, monitor, and isolate electrical equipment. They include circuit breakers, electrical disconnect switches, fuses, and relays. The market is going to expand because of rising infrastructure costs and a rising need for effective monitoring and control systems. Demand f...