Smart Grid Market Size to Grow at a CAGR of 10.2% During the Forecast Period 2021-2026
The Smart Grid Marke t size is set to grow at a CAGR of 10.2% and to reach $86.9 billion during the period 2021-2026. The growing demand for power is the need of the hour. There is an increasing demand for reliable and continuous power supply with the rise of electric and hybrid vehicles, and this is especially an area of concern in developing and emerging economies of the world. The need to reduce transmission and distribution losses is also...
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