Increasing preference for industrial pad-mounted switchgear
The report also segments pad-mounted Switchgear market on the basis of its application, which includes
industrial, commercial and residential. Industrial sector requires highly reliable power supply for
continuous, optimum operations, leading to demand for uninterrupted underground distribution systems. In
the coming years, pad-mounted switchgear in the industrial segment is expected to grow at a higher CAGR
of 9.1% during the forecast period.
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