New York, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global DC circuit breaker market size is slated to expand at ~9% CAGR between 2023 and 2035. The market is poised to garner a revenue of USD 14 billion by the end of 2035, up from a revenue of ~USD 3 billion in the year 2022.The rapid growth of renewable energy sources like solar panels and wind turbines has led to a greater use of DC power in renewable energy systems. According to the International Energy Agency, the supply of energy from sources like solar, wind, hydro, geothermal and ocean increased by nearly 8% in 2022.
(GlobeNewsWire)