Power Electronics Market Report: Researching Growth and Sizing for...

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2024-06-13 05:43:17 - Translate

Power Electronics Market Report: Researching Growth and Sizing for Competitive Advantage

The size of the global market for power electronics was USD 37.40 billion in 2021, and it is anticipated to grow in value at a CAGR of 4.1%. A major driver influencing market revenue growth is the growing need for environmentally friendly and sustainable solutions, particularly in light of growing worries about Carbon Dioxide (CO2) emissions and global warming. Additionally, end-use businesses...

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