Technology Advancements Shaping the Distribution Boards Sector
The size of the Distribution Boards market was estimated at USD 4.5 billion in 2022. The industry is expected to increase at a compound annual growth rate (CAGR) of 6.40% between 2023 and 2032, from USD 4.78 billion in 2023 to USD 7.86 billion by 2032. The distribution board is the main electrical supply system for residential, commercial, and industrial organizations. Being one of the most...
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