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Transmission and Distribution Equipment Market to Garner USD 273 Billion in 2024; Rise in Integration of Distributed Energy Resources (DER) to Strengthen Market Growth in Upcoming Years
New York, May 06, 2021 (GLOBE NEWSWIRE)
With outbreak of coronavirus pandemic, the year 2020 witnessed a fall of around 6% in CO2 emissions due to shutdown of various business operations globally which further resulted in declining energy demand. However, with rollouts of COVID-19 vaccines and the strategies adopted by key industry leaders followed by new policies for sustainable recovery, the global demand for energy is estimated to bounce back by approximately 4.5% in 2021.
Exhibiting the market analysis from 2015-2024, Research Nester has segmented the