TechNavio’s analysts forecast the Global High Voltage Switchgear for AC Transmission System market to grow at a CAGR of 7.89 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid global industrialization. The market has also been witnessing an increased steady adoption of innovative high voltage switchgear from conventional high voltage switchgear. However, the declining profit margin of vendors could pose a challenge to the growth of this market. TechNavio’s report, the Global High Voltage Switchgear for AC Transmission System Market 2012-2016, has been prepared based on an in-depth market analysis of …
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