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Busbar Market at a Glance: Size, Growth, and Challenges Ahead
The global busbar market is projected to grow at a compound annual growth rate (CAGR) of 4.5% between 2023 and 2030, supported by rising electricity demand, rapid urbanization, and the global shift toward renewable power. Busbars, metallic strips or bars that conduct electricity within switchboards, substations, and distribution systems, are essential in ensuring efficient...
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