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Voltage Detection System Market Analysis

  • Report ID: GMI5303
  • Published Date: Aug 2022
  • Report Format: PDF
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Voltage Detection System Market Analysis

Voltage Detection System Market Share
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The APAC region is anticipated to hold 33% of the voltage detection system market share by 2030 propelled by soaring population growth. Ongoing development and refurbishment of T&D networks to tackle the rising electricity demand in the region will act as a major growth driver.
 

Moreover, the surging requirement for uninterrupted power supply across energy-intensive industries will compel the DSOs to effectively monitor the power supply, further fostering the industry progress. Another region that may emerge as a key revenue hub is Europe. The region is expected to depict sizable growth owing to the mounting penetration of the commercial sector across the region, which is stimulating the overall electricity demand.

Authors: Ankit Gupta, Shubhankar Dimri

Frequently Asked Questions (FAQ) :

The market size of voltage detection system was surpassed USD 1 billion in 2021 and is set to progress at a CAGR of more than 4% over the forecast period.

The Europe VDS industry is poised to grow steadily over the forecast period due to increasing penetration of the commercial sector across the region.

APAC is expected to account for a market share of 33% by 2030 owing to the development and refurbishment of T&D networks to accommodate the rising electricity demand in the region.

Some major manufacturers in the industry are Dipl.-Ing. H. Horstmann GmbH, Epoxy House, Georg Jordan, Kries-Energietechnik GmbH & Co. KG, ELECTRONSYSTEM MD SRL, K. K. Sales Corporation, C&S Electric Limited, Orion EE, and KPB INTRA s.r.o.

Voltage Detection System Market Scope

  • Voltage Detection System Market Size
  • Voltage Detection System Market Analysis
  • Voltage Detection System Market Share

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    • Base Year: 2021
    • Companies covered: 9
    • Tables & Figures: 100
    • Countries covered: 19
    • Pages: 90
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