New York, Aug. 30, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global AC Circuit Breaker Market Size, Share & Industry Trends Analysis Report By Insulation Type, By Voltage, By Installation, By End User, By Regional Outlook and Forecast, 2023 – 2030” – https://www.reportlinker.com/p06487569/?utm_source=GNW
Hence, APAC is expected to capture more than 39% share of the market by 2030. According to the Electricity Market Report 2023 by IEA, by 2025, there will be an increase in demand of 2,500 terawatt hours (TWh), mostly in Asia. Demand would increase by 9%, reaching 29,281TWh total. From 5% in 1990 to 25% in 2015, China will make up a third of the world’s electricity demand by 2025. The region will also account for over half of the global electricity demand owing to significant development in neighboring Asia Pacific countries.Read the full report: https://www.reportlinker.com/p06487569/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)