Distribution Board Market Poised to Reach USD 10 Billion by 2035 with Consistent 6.8% Annual Growth
The global distribution board market is expected to grow from USD 5.2 billion in 2024 to reach USD 10 billion by 2035, expanding at a steady CAGR of 6.8%. This growth is driven by increasing demand for reliable power distribution systems across residential, commercial, and industrial sectors, alongside the rising adoption of smart electrical infrastructure worldwide.
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