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$ 11 56 Million Growth Expected in Circuit Tracer Market | COVID-19 Impact Analysis in Q1 2021| APAC to Notice Fastest Growth

Share this article Share this article NEW YORK, May 12, 2021 /PRNewswire/ The global circuit tracer market by end-user (service providers, industrial, and commercial) and geography (APAC, North America, Europe, South America, and MEA) has been added to Technavio s offering. The global circuit tracer market is expected to grow by USD 11.56 million, at a CAGR of almost 2% during 2021-2025. Technavio has announced its latest market research report titled Circuit Tracer Market by End-user and Geography - Forecast and Analysis 2021-2025 The outbreak of COVID-19 negatively impacted the growth of the market in 2020. Disruptions in the supply chain led to a decline in energy demand and new capacity installations. However, rising investments in renewable energy are expected to increase the demand for circuit tracers and reduce the impact of the pandemic on market growth.

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