Transfer Switch Market to Reach $2.9 Billion by 2030, Growing at 6.6% CAGR | #global Transfer Switch Market # Power Management Solutions # Backup Power Systems # Market Forecast 2022-2030 # Electrical Equipment # Energy Reliability # Industrial Power Solutions # Switchgear Market Trends # Infrastructure Development # Global Market Insights

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Transfer Switch Market to Reach $2.9 Billion by 2030, Growing at 6.6% CAGR

The global transfer switch market size was valued at USD 1610 million in 2021. It is estimated to reach an expected USD 2905 million by 2030, registering a CAGR of 6.6% during the forecast period (2022-2030).