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Global Power Electronics Market Outlook to 2026
November 15, 2018 | Business WireEstimated reading time: Less than a minute
The Global Power Electronics market is expected to grow from $35.02 billion in 2017 to reach $64.98 billion by 2026 with a CAGR of 7.1%.
By geography, Asia Pacific has been the fastest-growing region during the forecast period. Due to the improvement in power transmission and use of renewable energy and increasing demand of industrial and energy & power verticals are some of the factors driving the market in this region.
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