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Global Growth and Demand Surge for DC Power Supplies Driven by Industrial Automation and Energy Efficiency – FMIBlog

Summary by FMIBlog

The global DC Power Supplies Market is on track for robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 4.3% from 2023 to 2033. The market is estimated to generate a revenue of USD 411.21 million in 2023, with expectations to surpass USD 626.47 million by the end of the forecast period. This growth is driven by key factors including industrial automation, the rise in demand for energy-efficient electronic equipment, and…

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Global Growth and Demand Surge for DC Power Supplies Driven by Industrial Automation and Energy Efficiency – FMIBlog

The global DC Power Supplies Market is on track for robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 4.3% from 2023 to 2033. The market is estimated to generate a revenue of USD 411.21 million in 2023, with expectations to surpass USD 626.47 million by the end of the forecast period. This growth is driven by key factors including industrial automation, the rise in demand for energy-efficient electronic equipment, and…

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FMIBlog broke the news in 2 months ago on Thursday, January 9, 2025.

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