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Global Protective Relay Market Expected to Grow at CAGR of 6% by Forecast to 2027

Market Highlights The Protective relay market is expected to register a CAGR of around 6% during the forecast period. Ongoing Substation Automation projects are expected to induce growth in the Protective Relay Market. The growing need of Electric Power in developed as well as developing nations will result in an imminent growth in the Protective relay market.

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