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Global Power Transmission Equipment Market achieved a value of USD 229 billion, with a projected expansion to USD 342.06 billion by 2030. Forecasts for the period spanning 2024 to 2030 indicate a compound annual growth rate (CAGR) of 5.9%. Transmission networks, facilitating the movement of electrical energy through interconnected lines, constitute a vital component of electric transmission systems. Ongoing advancements in transmission and distribution equipment aim to meet future power grid requirements. Recent trends in the energy industry emphasize renewable sources to meet growing power de
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