Electrical Equipment Manufacturing Market Overview: Share & Forecast 2032
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The global electrical equipment manufacturing market is poised for substantial growth, with a projected market value expected to surpass USD X billion by 2032, growing at a robust CAGR of X% during the forecast period (2023-2032). This market expansion is fueled by the rising demand for energy-efficient solutions, advancements in smart grid technology, and an increasing focus on sustainable manufacturing processes.