Industrial Power Transmission Market Size, Share, Trend

February 23, 2022 1 Min read Views 118 BUSINESS

The market is predicted to progressively improve in the coming years, primarily due to rising consumer acceptance. Product demand will be boosted even more by rising investments for technological advancements. Furthermore, favorable regulatory changes and supporting industrial reforms will drive market growth. Overall, in the long run, the industrial power transmission market is expected to grow at a respectable CAGR of 3.4% to be reaching a value of US$ 11.0 billion in 2026.

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