AI-Based Electrical Switchgear Segmentation
The AI-based electrical switchgear market is segmented on the basis of installation into indoor, and outdoor, out of which, the outdoor segment is anticipated to grab the largest share by the end of 2021, on account of the high rate of adoption of AI-based electrical switchgear in the transmission & sub-transmission sector. Moreover, there has been a significant growth of transmission & distribution utility sector in developing countries, which is also projected to contribute to the growth of the segment during the forecast period.
On the basis of end-user, the transmission & distribution utilities segment in the market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the increasing use of AI-based electrical switchgear in the transmission & distribution utilities for power generation, transmission, and distribution, on a global level.
Our in-depth analysis of the global market includes the following segments:
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Installation |
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End-User |
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