Global Power Transmission Component Market on Growth Trajectory with 6.8% CAGR Forecast by 2030
Power Transmission Component Market Poised for Robust Growth, Projected to Reach USD 92.88 Billion by 2030 Summary:The global power transmission component market, valued at USD 92.88 billion in 2023, is anticipated to grow at a CAGR of 6.8% over the forecast period, driven by increasing demand for renewable energy integration, grid modernization, and the proliferation of smart grid...
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